Mobily to showcase innovations as digital partner at LEAP 2023

LEAP 2023, the international conference of decision-makers and technology enthusiasts, will take place in Riyadh from Feb. 6 to 9, under the theme ‘Towards New Horizons.’
LEAP 2023, the international conference of decision-makers and technology enthusiasts, will take place in Riyadh from Feb. 6 to 9, under the theme ‘Towards New Horizons.’
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Updated 06 February 2023

Mobily to showcase innovations as digital partner at LEAP 2023

Mobily to showcase innovations as digital partner at LEAP 2023

Etihad Etisalat, popularly known as Mobily, will participate as a digital partner in the second edition of LEAP 2023 International Technology Conference, which will take place in Riyadh from Feb. 6 to 9, under the theme “Towards New Horizons.”
The conference brings together more than 100,000 technological innovators and experts from all over the world to discover pioneering ideas, build new partnerships, communicate with investors and thought leaders, and fly toward new horizons to build a more innovative future.
Through its participation in the international conference of decision-makers and technology enthusiasts, Mobily seeks to discuss the most critical challenges that our world is witnessing at the present time and how to overcome them considering the unmatched revolution of the digital innovation and artificial intelligence sector. These efforts are in line with the company’s objectives to enable the digital economy in the Kingdom and provide capabilities and opportunities for individuals to achieve their ambitions.

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100k

Technological innovators and experts from all over the world will attend LEAP 2023 to discover pioneering ideas and build new partnerships.

Salman Al-Badran, CEO of Mobily, said: “LEAP conference is the most important event of its kind in the region, as it brings together technology industry experts, decision-makers, and stakeholders under one roof to exchange ideas and discuss mutual objectives that lead to a better technological future for all.”




Mobily is keen to reaffirm its leading role in supporting Saudi Arabia’s ambition and its Vision 2030 for a brighter and more innovative digital future, says Salman Al-Badran, CEO of Mobily

He added: “Mobily is keen to reaffirm its leading role in supporting the Kingdom’s ambition and its Vision 2030 for a brighter and more innovative digital future. During the conference, Mobily will also offer a range of distinguished services and advanced digital solutions that meet the needs of users and provide them with an exceptional experience.”
Mobily will offer a variety of technological solutions, including the Internet of Things, artificial intelligence, smart cities, and many more. By providing a digital experience like no other, Mobily aims for a more vibrant and connected future.
The Saudi company, which launched commercially in May 2005. provides integrated services for three main sectors — individuals, businesses and carriers. It has one of the largest wireless networks by coverage in Saudi Arabia and the region, and one of the widest FTTH networks, in addition to one of the largest data center systems worldwide.

 


Sidra Income Fund II awarded two accolades at Islamic Finance News Awards 2022

Sidra Income Fund II awarded two accolades at Islamic Finance News Awards 2022
Updated 26 March 2023

Sidra Income Fund II awarded two accolades at Islamic Finance News Awards 2022

Sidra Income Fund II awarded two accolades at Islamic Finance News Awards 2022

Sidra Capital, the Shariah-compliant investment firm regulated by the Saudi Arabian Capital Market Authority, announced that Sidra Income Fund II, the US dollar-denominated investment fund focusing on commodity export trades within the Asia-Pacific region, has been awarded the coveted Islamic Finance News Awards for Trade Finance Deal of the Year 2022 and Indonesia Deal of the Year 2022.

The fund capitalizes on export trades of branded solid fuel within the Asia-Pacific region, which accounts for 60 percent of the world’s population, and with global energy consumption set to increase post-pandemic, together with the consequent disruptions in supply, the fund is uniquely placed to take advantage of such events. 

Launched in October 2022, SIF II’s investment strategy is premised on an innovative facilitation of commodity supply chain transactions via fully funded irrevocable letters of credits. As the trades are secured end-to-end by USD-denominated LCs and issued by banks with strong credit ratings, investors are protected against foreign exchange and payment risk by trade counterparties. Furthermore, as the trades are structured as back-to-back purchases and sales of commodities (rather than speculative trading), investors are also not exposed to inventory and price risks.

Furthermore, Sidra Capital also sought Shariah-compliant political risk cover against risks of convertibility/transferability, expropriation, and war and civil disturbance.

“Sidra Capital is no stranger to the structured trade finance space, having established award-winning trade finance funds since 2012. The latest IFN awards are a testament to Sidra Capital’s ability to scout for private finance opportunities globally and innovate investment solutions that bridge the gap between capital providers and users while mitigating inherent risks in such structures,” said Hani Baothman, chairman of Sidra Capital.

“Our private finance solutions have a low correlation to other asset classes, generate consistent returns with low volatility, and invest into the real economy with no leverage or speculation, which creates a win-win situation for our investors, trade counterparties and communities that we operate in. This in turn encourages social and economic developments in the markets where we intervene,” Baothman added. 

As a pioneer of Islamic private finance in Saudi Arabia, Sidra Capital has a diverse portfolio of Shariah-compliant private finance investment solutions, including the Sidra Mutajara Fund and the award-winning Sidra-Ancile Global Structured Trade Investment Fund.


voco Alkhobar redefines culinary experience this Ramadan

voco Alkhobar redefines culinary experience this Ramadan
Updated 26 March 2023

voco Alkhobar redefines culinary experience this Ramadan

voco Alkhobar redefines culinary experience this Ramadan

voco Alkhobar is all set for the holy month, with a variety of dining experiences planned for diners at its restaurants. The hotel is hosting a specially designed Ramadan tent, serving iftar and sahoor amid a warm, welcoming ambiance.
The hotel’s signature restaurants will offer a blend of traditional and mouth-watering cuisines comprising local and international gourmet delicacies served in a luxurious and spiritual setting. With the addition of the live cooking stations and an outdoor seating area, guests can expect to have a memorable iftar and sahoor experience with their family and friends. There is also a special Ramadan menu for residents who wish to have their meals in their rooms.
The hotel’s Horizon, Naya and Anardana restaurants are some of the finest restaurants in town, manned by acclaimed chefs with years of experience in the culinary arts and offering guests traditional delicacies with a modern twist. These include a wide variety of Middle Eastern and international dishes of high nutritional value, creating a sumptuous and memorable meal.

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With the addition of the live cooking stations and an outdoor seating area, guests can expect to have a memorable iftar and sahoor experience with their family and friends.

The Horizon restaurant at voco Alkhobar takes diners on a culinary journey comprising a lavish buffet of classic cuisines, which can be enjoyed throughout the day after Ramadan. Guests can savor anything from Middle Eastern breakfasts and Belgian waffles, to Viennese pastries, freshly baked goods and healthy drinks, in addition to hot meals prepared to order. Those looking for good ol’ classics, can choose from an American burger with coleslaw and French fries, Italian spaghetti Bolognese or Indian tandoori chicken. A variety of drinks and beverages, including tea, coffee, juices and soft drinks, are also included.
The Lebanese Naya restaurant specializes in Middle Eastern cuisine, including hot and cold mezzes, kebabs, grills and other traditional slow-cooked meat dishes served with flavorful rice.
Meanwhile, Anardana offers a delectable lineup of Indian fare, bringing the varied flavors of the Subcontinent to Sharqiya. On the menu, there is something for everyone. From classic Indian curries to aromatic grilled kebabs, those with a penchant for rich and flavorful food are in for a treat.
M. Allaf, regional general manager of IHG Hotels and Resorts and general manager of voco Riyadh, promised an unforgettable iftar and sahoor experience for guests at voco Alkhobar.
He said the hotel will offer a range of authentic local and international flavors that suit all palates.
Allaf assured guests of a high-quality service and exceptional culinary delights that he said can be enjoyed in the company of family and friends.
voco Alkhobar’s restaurants have already become a rage in the city, thanks to dozens of high ratings and positive feedback, making the restaurants must-visit destinations for visitors to the region.
The hotel is known for its distinguished services and facilities, which include a swimming pool, five spa rooms, separate health club facilities for men and women, sauna and jacuzzi, in addition to the classic Moroccan bath. Business guests can benefit from the 11 conference rooms for meetings and events, fully equipped with state-of-the-art technologies. The luxurious Sultana Hall makes for an ideal venue for family celebrations.

 


Radisson Blu Hotel, Riyadh announces leadership team

The team comprises a diverse set of talented individuals.
The team comprises a diverse set of talented individuals.
Updated 26 March 2023

Radisson Blu Hotel, Riyadh announces leadership team

The team comprises a diverse set of talented individuals.

The newly inaugurated Radisson Blu Hotel, Riyadh Convention and Exhibition Center has announced members of its leadership team, comprising a diverse set of talented individuals including three Saudi nationals.
“These leaders are passionate about showcasing the rich culture and hospitality of Saudi Arabia, while also supporting the city’s dynamic community of enterprising women and entrepreneurs,” a statement said.

Aldert van Zyl, general manager
The hotel will be led by award-winning general manager Aldert van Zyl, who envisions establishing this innovative new venture as the hotel of choice in Riyadh for both local and international business travelers. van Zyl has more than 20 years of experience within the hospitality industry across Europe, Middle East and Africa in various hospitality brands. “With true Arabian hospitality, we are excited and proud to welcome all guests, as well as support entrepreneurs, creatives, and enterprises in growing their business and passion projects,” he said.

Aldert van Zyl

Justin Pillay, executive chef Hailing from South Africa with more than 25 years of experience in the hospitality industry, Chef Pillay is a seasoned expert in multicultural cuisines, having honed his craft in various African countries such as Nigeria and Sierra Leone.

Emad El-Nashar, district director of finance
Emad is a seasoned veteran in the hospitality industry, having amassed more than three decades of invaluable experience. As the director of finance at the hotel, El-Nashar is responsible not only for ensuring the smooth financial operations of the flagship property but also for overseeing the financial affairs of all Radisson hotels in the Kingdom.

Talha Iqbal, director  of commercial development
With a wealth of experience spanning over 18 years, Iqbal has honed his skills as a seasoned hotelier in a multitude of areas including reservations, sales, marketing, revenue management, front office management and guest services.

Mootaz Alqahtani, director of human resources
For nearly a decade, Saudi national Alqahtani has remained a loyal member of the Radisson Hotel Group, tirelessly striving to elevate the careers of all hotel employees while fostering a culture that embodies the group’s core beliefs.

We promise to bring the unconventional to your conventions and events, so come and discover the newest Radisson Blu Hotel here in Riyadh.

Aldert van Zyl, General Manager of Radisson Blu Hotel, Riyadh Convention and Exhibition Center

His journey with the Radisson Hotel Group began in 2014, when he took on the role of government relations manager.

Fatima Al-Gallaf, rooms division manager
With an unwavering dedication to the hospitality industry, Al-Gallaf has spent over a decade honing her craft. Her journey began as a secretary at Marriott International, but it was clear that her talents were destined for greater things.

Ilhami Can, F and B manager
The hotel’s food and beverage manager, Can is no stranger to the world of hospitality. With 13 years of experience under his belt, he brings a wealth of culinary and beverage knowledge and expertise to the table.

Shoaib Usman Mirza, director of engineering
With over a decade of experience in the hospitality industry, Mirza started out as a facility manager. He quickly rose to the top and became a specialist in hotel openings, having successfully opened more than five properties in the GCC.

Yinka Dosunmu, cluster IT manager
With a career spanning over a decade, Dosunmu started as an engineer at MTN Nigeria Communications Limited in Lagos Mainland, where he honed his technical skills. Driven by his passion for the hospitality industry, he ventured into a new realm of technology and joined Radisson Hotel Group, where he has since held various roles.

Najla Alhajry, marketing and events manager
Alhajry’s role extends beyond traditional marketing responsibilities. She is also responsible for overseeing all pre-opening tasks and ensuring that the hotel is well-prepared for its grand debut. Alhajry is also a shining example of female leadership in Saudi Arabia’s hospitality industry.

 


FedEx’s new economy services in Saudi Arabia to help SMEs expand global footprint

Photo/Wikipedia
Photo/Wikipedia
Updated 26 March 2023

FedEx’s new economy services in Saudi Arabia to help SMEs expand global footprint

Photo/Wikipedia

FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced the launch of its FedEx International Economy and FedEx International Economy Freight services in Saudi Arabia. The deferred services will enable businesses in the Kingdom to expand their global reach in a cost-effective and reliable way.  FedEx International Economy and FedEx International Economy Freight are affordable, cross-border, customs-cleared, door-to-door services with a day-definite delivery. The services allow customers to save on less time-sensitive deliveries of shipments up to 68 kgs using FedEx International Economy, as well as medium to heavy shipments ranging from 68 kgs to 1,000 kgs using FedEx International Economy Freight, without compromising on reliability.
The FedEx International Economy services are ideal for small and medium-sized enterprises that are more thoughtful about the cost of running their business. Using these services, SMEs can benefit from the global FedEx network paired with the company’s reliable services at a competitive price for non-urgent shipments.
“By 2030, Saudi Arabia’s SME sector is estimated to contribute to the country’s GDP by 35 percent, in line with the objectives of the country’s Vision 2030. The launch of our international economy services in the Kingdom is part of our continued efforts to provide businesses with a range of shipping solutions that offer more value, while contributing positively to the growth of local industries,” said Taarek Hinedi, vice president of FedEx Express Middle East and Africa operations.
The SME sector is seen as a crucial economic engine of Saudi Arabia and a critical new employment producer in the Kingdom. As SMEs expand their footprint in the Middle East and North Africa region, it is reported that they are specifically searching for other shipping choices, such as economical deferred shipping services in addition to express services.

 


Immerse in the Spirit of Ramadan at Four Seasons Riyadh

The hotel’s culinary team will provide guests with authentic local flavors including a menu with more than 100 recipes.
The hotel’s culinary team will provide guests with authentic local flavors including a menu with more than 100 recipes.
Updated 25 March 2023

Immerse in the Spirit of Ramadan at Four Seasons Riyadh

The hotel’s culinary team will provide guests with authentic local flavors including a menu with more than 100 recipes.
  • To encourage guests to remain healthy and exercise during Ramadan, the spa is waiving its joining fee for all new spa memberships.

This Ramadan, Four Seasons Hotel Riyadh is welcoming guests to experience the true essence of the holy month with a distinctive lineup of culinary celebrations and tranquil experiences to be shared with family and friends.
“Let Four Seasons Hotel Riyadh infuse your Ramadan celebrations with unparalleled style, immaculate service, and the spirit of generosity — and make the holy month one to truly remember.” the hotel said in a statement.

A relaxing getaway
For a perfect escape in the city, the hotel’s Ramadan Retreat package offers families a relaxing getaway in newly renovated rooms and suites inclusive of iftar for two at the Ramadan Tent, 25 percent off on food and beverage, 25 percent off on spa treatments, 25 percent off on laundry and complimentary valet parking. 
Guests can also create unforgettable memories with a special Ramadan Nights package offering guests 20 percent off on room rate, complimentary parking, 25 percent off spa, 25 percent off on food and beverage and 25 percent off on laundry.

Iftar at Kingdom Ballroom 
This year, the Kingdom Ballroom tent will welcome guests in a luxurious décor exuding Arabian elegance. The tent showcases white and gold accents along with tradition inspired ornaments for a truly opulent experience, which complements the culinary delights.

The hotel’s culinary team lead by Senior Executive Chef Lucas Glanville, will provide guests with authentic local flavors including a menu with more than 100 recipes presented in seven different culinary islands. Traditional delights will include authentic Saudi ouzi, chicken kabsa, jareesh, lamb qursan, succulent grills from a Josper charcoal oven, Asian specialities including poke sushi cups, sourdough pizza from a pizza stone oven, among others, as well as desserts such as kunafa, gelato and a chocolate fountain. 
The iftar takes place from 6 p.m. to 9 p.m. and is priced at SR550 ($146) inclusive of VAT. Meanwhile, the timings for sahoor are 11 p.m. to 3 a.m. and it is priced at SR345 inclusive of VAT.

Offsite iftar and sahoor events
If you wish to create your very own Ramadan event, Le Carré by Four Seasons Hotel Riyadh will help you transform your dream iftar or sahoor into a reality, at your venue of choice. Combined with exceptional Four Seasons service, your Ramadan celebrations will be exactly what you had hoped for and more. 

The spa
Guests who wish to make time for a little rest and rejuvenation this Ramadan can visit the hotel’s award-winning spa offering an exclusive Ramadan Cleanse Package, which includes four 60-minute massages and four 60-minute Restorative Hammam sessions, leaving them deeply relaxed and fresh. The package is priced at SR4,800 inclusive of VAT. 
To encourage guests to remain healthy and exercise during Ramadan, the spa is waiving its joining fee for all new spa memberships.