Strictly Business: NCB

Author: 
Arab News
Publication Date: 
Tue, 2005-04-19 03:00

The National Commercial Bank (NCB) has launched a new promotional campaign in the Kingdom titled “One Easy Way to Win,” offering its customers an opportunity to win 6 luxury villas valued at SR1 million each. Abdulrazzak Elkhraijy, head of NCB’s Islamic Retail Banking Division, told a press conference in Jeddah on Saturday that the promotion would go on for 90 business days during which there would be a draw every 15 days where the customers could win in one of the three ways arranged by the bank to benefit from its grand offer. He added that the first way to benefit from this offer was to present the customers credit cards designed in compliance with Islamic principles. It is the only credit card in the world, which allows its customers to pay the value of their merchandise in accordance with the principles of “Tawaruq” sales. The second way is that it allows its customers to receive Islamic personal loans based on the “Murabaha” concept. Islamic Finance enables its customers to make purchases through easy monthly installments. The third way is through the membership in one of the Al-Ahli investment funds. Elkhraijy said NCB customers could increase their chances of winning by paying their bills through the Internet via Al-Ahli online service.

ALREDWAN/LISTEM

Alredwan Medical Services organized a road show on Korean manufacturer Listem’s digital radiography technology in coordination with the Radiological Society of Saudi Arabia (RSSA) at Laylaty Hall in Jeddah on Saturday. Abdullah Bakr Redwan, member of the Jeddah Chamber of Commerce & Industry board and chairman of Alredwan Holding Company, Sami B. Redwan, vice president and managing director of Alredwan Medical Services, RSSA President Dr. Sattam Lingawi, and Listem Chairman Chang Ho Moon attended the show. Listem Vice President Dr. Won Y. Choi gave a presentation on the effectiveness of digital radiography from the clinical point of view. Abdullah Redwan and Moon signed an agreement awarding Alredwan Medical Services the sole agency for Listem’s products in Saudi Arabia and Bahrain. Listem is considered one of the leading medical companies in the field of manufacturing X-ray systems.

WESTERN UNION/JCB

Western Union Financial Services, inc., an international operator in money transfer services, has announced a strategic relationship with Jordan Commercial Bank (JCB) to provide the Western Union Money Transfer service to its consumers. From April 20, JCB will be offering the service at its 22 locations throughout Jordan. This will strengthen Western Union’s efforts to provide fast and reliable money transfer services for all those sending and receiving money from overseas. “With the addition of the Western Union Money Transfer service, we’ll add a much needed service to our existing array of service offerings,” Dr. Mohamed S. Asadi, assistant general manager, retail banking and technology at JCB, said. “By extending the service through JCB, we further ensure our commitment to delivering the best possible service to our customers. Today, the Western Union Money Transfer service, along with its subsidiary Orlandi Valuta, is available in more than 200,000 agent locations in over 195 countries and territories worldwide,” said Patricia Saba, business development manager, Western union Financial Services.

SAGEM

French company Sagem has launched its promotion for its new MYX5-2 camera phone through its authorized dealer Al Quraishi Trading Company across the Kingdom. The launch is accompanied by several instant prizes for buyers in addition to a grand prize, a Hummer H2. The mobile combines the potential of eloquently capturing life’s special moments through its built-in camera, with advanced multimedia messaging functionality. The new product is a “highly fashionable and truly advanced” camera embedded device, which combines a slick design and technological mastership for a true quality product. While capitalizing on its VGA high resolution 640x480 pixel camera, the MyX-5-2 also includes the powerful Java MIDP 2.0 open mobile platform for advanced gaming capabilities, with enhanced graphics, sounds and a better connectivity to mobile Internet, for the download of remote applications, in addition to a 65k colored screen and multiple hi-fi ring tone melodies and color wallpapers. Sagem, an internationally based high-technology group, maintains its presence in more than 20 countries.

RUBAIYAT

Giorgio Armani’s key accessory for spring-summer 2005 is his must-have “China” bag. Strongly inspired by Chinese influences, this luxurious bag is available in three sizes and in a large range of colors and materials. Key models include the sporty croc version with a wide shoulder strap, the metal GA logo chain version is enameled or tone-on-tone Swarovski diamante, and the lacquered python skin version. Color palette includes acid green, brown, orange and red to black and grey. It is available at Rubaiyat’s Giorgio Armani ladies boutiques at El Khayyat Center on Tahlia Street in Jeddah, Kingdom Center in Riyadh, and the new look Rubaiyat multibrand store at Al Rashid Mall in Alkhobar.

Main category: 
Old Categories: