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ACN Newswire

HKTDC: Hong Kong ready for business; Delegation arrives in Riyadh

6 2 月, 2023

Riyadh, Saudi Arabia, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - A delegation of business leaders from the Hong Kong Special Administrative Region (HKSAR), led by the city's Chief Executive Mr John Lee and principal government officials, has arrived in Riyadh to explore collaboration opportunities with the business community of Saudi Arabia.Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company.The delegation paid a visit to THE LINE Experience exhibition to learn about the innovative urban designs of the futuristic city NEOM.Over the past two days, the delegation discussed with Saudi government and industry leaders how Hong Kong can facilitate the Kingdom's strategic development via its role as a global financial hub and China's international gateway. The 30-strong delegation includes senior executives from Hong Kong's financial institutions and regulator as well as major players in innovation and technology (I&T), sustainability and smart city solutions. Riyadh is the first of three stops on this week-long mission to the Middle East, organised by the Hong Kong Trade Development Council. At a press conference followed by an Investment Forum and dinner officiated by the Saudi Minister of Investment H.E. Khalid Al-Falih and attended by some 300 Saudi Arabian guests yesterday, Chief Executive Mr John Lee, said, "Saudi Arabia is a strong economy of the Gulf region and a growing source of foreign direct investment. Driven by Vision 2030, the dynamic blueprint for the future, Saudi Arabia is destined to take its place as an economic powerhouse built on diversity, sustainability, and innovation and technology. Hong Kong has long been the Asia-Pacific region's multi-level bridge for foreign and Mainland Chinese businesses and investors. As integration with the Mainland continues to deepen, so too do opportunities for Hong Kong, and the economies and companies that work with Hong Kong."Mr Lee was joined by Deputy Secretary of Justice Mr Horace Cheung, Secretary for Financial Services and Treasury Mr Christopher Hui, and Secretary for Commerce and Economic Development Mr Algernon Yau. Other business leaders from Hong Kong and Saudi Arabia also exchanged views at the investment forum yesterday.At the forum, H.E. Khalid A Alfalih said: "This visit comes on the heels of numerous historic visits between our two countries starting with the visit of President Xi in 2016 following which the ties between the two countries deepened. Through this collaboration we aim at further developing various sectors whether it be asset management, private equity, wealth management - or in fintech, which saw an exponential growth of 79 per cent between 2021 and 2022."He added:" Saudi Arabia has the largest regulated capital markets in the region, with the largest stock exchange in the MENA region. Due to evolving trends we are also making efforts to strengthen global supply chains and have launched a dedicated global supply chain resilience initiative. This will be a great opportunity for China and Hong Kong-based companies to use the KSA as a platform for adding value to products customised for the Middle East region and beyond."Several Memoranda of Understanding (MoU) were signed at the Investment Forum. These include:- Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company- SenseTime and King Abdullah Financial District (KAFD) (Letter of Intent)- Hong Kong General Chamber of Commerce (HKGCC) and Riyadh Chamber- Templewater Ltd, Bravo Transport Services Ltd and Wisdom Motors (Hong Kong) Ltd and Nesma Holding Ltd- SenseTime and Sela Company (Letter of Intent)- Hutchison and King Salman Energy Park (SPARK)HKTDC Chairman Dr Peter K N Lam said, "Saudi Arabia has an important role to play in the global economy, similar to China. And as a global financial hub, China's international gateway and a commercial hub for the Belt and Road Initiative, Hong Kong can facilitate opportunities to help drive development initiatives around the world. We are pleased to organise this delegation to come and discuss collaboration opportunities, not only in our traditional sectors of finance and trade, but also in new areas in tech and innovation, smart city and sustainability solutions. Creating opportunities has been the work of the HKTDC for over 55 years, and I am hopeful that we can continue to help Hong Kong businesses play a part in the exciting growth of Saudi Arabia and the regional overall."The delegation has met with key enterprises in Riyadh to exchange ideas and learn more about Saudi Arabia's Vision 2030. They visited major institutions, such as the Saudi Stock Exchange and the NEOM exhibition. This evening, the delegation will travel to Abu Dhabi and then onwards to Dubai, to meet with senior government and business leaders of the United Arab Emirates.As a two-way platform between China and the world and as one of the world's top financial centres, Hong Kong has been supporting businesses and investors worldwide to tap into the vast China and Asia market and has been playing a major role in the global financial system with its unique connectivity to China's market. As part of China, but operating under an international system, Hong Kong provides special access to and from the mainland in the flow of capital, goods, technology and people, as defined in the country's national 14th Five-Year plan.Hong Kong is also a commercial hub for the Belt and Road Initiative, a global development plan initiated by China, and part of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) - an area in Southern China earmarked by the Chinese government to become a powerhouse of capital, I&T and cultural exchange driving the country's development. With its common law system, low tax regime, advanced infrastructure and connectivity and as a its world-renowned global trade and business hub, Hong Kong is well-placed to support businesses from all over the world to invest and grow.Find out more about Hong Kong:- Hong Kong: general facts https://tinyurl.com/Asias-world-city- Hong Kong as a global financial centre https://tinyurl.com/Financial-Centre- Hong Kong's tech and innovation https://tinyurl.com/Tech-Innovation- Hong Kong as the commercial hub for the Belt and Road Initiative https://tinyurl.com/Belt-and-Road- Hong Kong as part of the Guangdong-Hong Kong-Macao Greater Bay Area https://tinyurl.com/Greater-Bay-AreaAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, small and medium-sized enterprises (SMEs), in the mainland and international markets. Please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInOrient Planet Group:Hassane Ghanem, Tel: +966 598606946, Email: hassane.ghanem@orientplanet.comHKTDC:Niveen Faris, Tel: +966 11 4169713, Email: niveen.faris@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.orgSam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

anb and JCB sign acquiring agreement for local acceptance in the Kingdom of Saudi Arabia

24 11 月, 2022

RIYADH // TOKYO, Nov 24, 2022 - (ACN Newswire via SEAPRWire.com) - anb and JCB International Co., Ltd., the international operations subsidiary of JCB Co. Ltd., have partnered to launch JCB Card acceptance at all its POS and ATM locations deployed in the Kingdom of Saudi Arabia.JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan, and JCB Cards are used by more than 140 million cardholders and accepted at about 39 million locations globally.As part of supporting the cashless society and financial inclusion that is related to Vision 2030, anb and JCB have partnered to enable the acceptance of JCB Cards. The partnership is a continuation of JCB's plan for entering the Saudi market, a destination of ever-increasing importance for its cardholders around the world for both business and tourism.Mr. Yuichiro Kadowaki, Regional Head - Middle East & Africa CEO, JCB Middle East LLC, said: "Saudi Arabia has always been a very important destination for many of JCB cardholders, from both business and religious perspectives. With the strategic plan for Vision 2030, the country is now increasingly an important destination for tourism as well. anb's extensive reach in the market will ensure that JCB cardholders will be able to use JCB Cards at their convenience. The partnership will also enhance the already close fraternal ties between Saudi Arabia and Japan."Mr. Nizar Altwaijri, Deputy Managing Director of anb, said: "anb's engagement with JCB will enable our payment systems to accept JCB Cards in the kingdom over ATM, POS and eCommerce channels. As Kingdom's economy opens up to welcoming tourists like never before, this strategic agreement will go a long way in supporting the tourism sector, which is one of the pillars of Saudi Vision 2030. This agreement is also in line with the Kingdom's plan to grow the number of options available for digital payments in the economy and will position KSA as one of the leading countries to accept a wide range of international scheme cards as part of its payment eco-system."About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About anbAmongst the largest banks in the Middle East, anb headquarters is based in Riyadh, Saudi Arabia with regional offices in Jeddah, Khobar and a network of branches throughout the kingdom, in addition to an international branch in London, United Kingdom.To service a large and varied customer base which exceeds 2 million, the Bank has an extensive distribution network, with 237 premises spanning over the Kingdom.Recognizing the need to serve customers in a convenient and timely manner, the Bank also has around 1,160 ATMs, 290 Corporate Cash Deposit Machines and 36,670 point-of-sale terminals, in addition to advanced mobile banking application and a state-of-the-art, award-winning phone center. For more information, please visit: www.anb.com.sa/ContactsJCBAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpanbBassel Al ZirkiCorporate CommunicationsTel: +966-11-4029-9000Email: balzirki@anb.com.sa Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

15th Edition of BFSI IT Summit Saudi Arabia Physical Conference on 7th November 2022

1 11 月, 2022

Riyadh, Saudi Arabia, November 1, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 14 editions of BFSI IT Summit, Exito is all set to host another milestone event - which serves as an ideal platform to enhance the experience to latest insights in "Re-Imagining the Future of BFSI in KSA". Accelerated digital transformation and fast changing business environments have been playing an important role in re-shaping the BFSI sector in Saudi Arabia. As the sector continues to drive innovation, the IT leaders find themselves looking for new ways to define their digital transformation strategy comprehensively, outgrow competition and stay relevant. With the risk of real challenges but great potential rewards, customer-centric approaches, automation of processes and security concerns continue to be top of mind for the IT leaders from the BFSI sector.The 15th Edition of the BFSI IT Summit: Saudi is an in-person conference bringing together the top IT Leaders from the fraternity. It aims to be a learning and networking platform curated to deep dive into the imminent challenges in BFSI and the best practices to overcome the same. The key focus will be around Automation, Digital Customer Experience, Minimizing Evolving Cyber Security Threats in Enhancing the Customer Journey.The summit is an ideal platform for Technology and Innovation Leaders to Meet, Interact and Gain new insights on the digital transformation and innovations from the Banking and Financial Services Industry. At BFSI IT Summit Saudi, you will hear from top IT experts on strategy, action plans and best practices towards building an agile digital organization.The summit will bring together 150+ IT Leaders, CIO, CTO, VP/ AVP-IT, Director IT, CDO, General Manager IT to discuss the best practices in Cyber Security and engaging in panel discussions, industry keynotes and solution showcases that will enable IT leaders to chart out the optimal strategic path.Advisory board:Sanjeev Nawani- Digital Business Servicesleader for all portfolio companies, Public Investment Fund, Kingdom of Saudi Arabia.Younes AlMogerah- IT & Digitalization Director Zakat, Tax and Customs Authority Kingdom of Saudi Arabia.Ramyan Alramyan- Chief Risk Officer, Saudi Tadawul Group: Securities, Clearing Center Company "Muqassa", Kingdom of Saudi Arabia.Speakers like Sanjeev Nawani- Digital Business Servicesleader for all portfolio companies, Public Investment Fund, Kingdom of Saudi Arabia,Younes AlMogerah- IT & Digitalization Director Zakat, Tax and Customs Authority Kingdom of Saudi Arabia,Ramyan Alramyan- Chief Risk Officer, Saudi Tadawul Group: Securities, Clearing Center Company "Muqassa", Kingdom of Saudi Arabia, Issa Al Hurimmees- Group Chief Retail Risk Officer, Al Rajhi Bank, Osama Bukhari- Head of Banking Commission, The Saudi International Chambers of Commerce, Imran H hashim- IT Infrastructure Director, Medgulf Saudi Arabia, Dr. Ahmed Darwish- Head of Digital Delivery,Bank Albilad among many others will be sharing their experiences and expertise at the Summit. Event registration has commenced for Delegates and Sponsors.The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digitalThe sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 7th of NovemberRegister Today to engage at this grand event as the slots are filling up fast.To know more about the event, www.bfsiitsummit/saudi/About ExitoWe are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

14th Edition of DTS Saudi Arabia Physical Conference on 10th August 2022

2 8 月, 2022

Riyadh, Saudi Arabia, Aug 1, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 13 editions of Digital Transformation Summit, Exito (www.exito-e.com) is all set to host another milestone event - which serves as an ideal platform to enhance the experience to latest insights in "Transforming Businesses with Emerging Technologies" will address the importance of the full potential of technology as a driver for every organization to function securely, efficiently and effectively. In the highlight of this 13th Digital Transformation Event will provide a detailed overview of the existing and predicted trends within a ever-changing digital landscape across the Middle East.The Digital Transformation Summit is an ideal platform for IT leaders in Saudi Arabia to meet, interact, gain new insights and discuss various methods to overcome the glaring challenges faced by the digital industry. Through engaging panel discussions, insightful keynotes and immersive networking sessions, the event is sure to incite both thought and action at your organization. At the Digital Transformation Summit, Saudi Arabia?s top IT leaders will share their best practices and case-studies from their transformation journey.The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain. An exclusive one-day closed door conference hosting 150+ Digital Leaders, CEOs, Mds, CIO, CTO, CISOs,CTO, CDOs, IT Heads etc with keynote presentations, fireside chats, panel discussions and live Q&A sessions from Saudi Arabia?s top Digital Transforamtion leaders as well as enhanced virtual networking experience throughout at the DT Summit Saudi Arabia. Digital Transformation Summit Saudi Arabia will explore and understand extensively the world of digital enterprises, as digital transformation no longer remains a catch-phrase. The focus will be on digitization with effective transformation through business case studies, pertinenet challenges and tailor-made solutions for your business requirements.Speakers like Abdullah AlSalem, IT Director, Ministry of Health Kingdom of Saudi Arabia, Talha Rais Akhtar, Head Vehicle Mobility & Emerging Technology, Abdul Latif Jameel, Mashari AlMussaed, CIO, Olympic and Paralympic Committee Saudi Arabia, Bandar Almutairi, Digital Transformation of Labs Director, King Abdulaziz City For Science and Technology(KACST), Anas Mosa, IT Director, Saudi Aerospace Industries Engineering, Abdulaziz Alkhalif, Dep. CEO, Taib SA, among many others will be sharing their experiences and expertise at the summit.Event registration has commenced for Delegates and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 10th of August 2022.Register Today to engage at this grand event as the slots are filling up fast.To know more about the event, https://digitransformationsummit.com/ksa/About ExitoWe are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Bintai Kinden Signs MoU Exploring Opportunities in Middle East

25 7 月, 2022

PETALING JAYA, Malaysia, Jul 25, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad, a building and industrial service engineering specialist, is pleased to announce that the Company's sub-subsidiary, Johnson Medical International Sdn Bhd (JMI), has signed a memorandum of understanding (MoU) with Medical Renewable Care Company (MRC, or under its trade name known as Nouveta) to explore a collaboration providing mechanical and engineering (M&E) solutions and services to the healthcare industry of Saudi Arabia and future expansion in Dubai, United Arab Emirates (UAE).Azri Azerai, Executive Director of Bintai KindenJMI specialises in the design, manufacture and installation of customized hospital support system equipment and provision of nursing home services. Nouveta, which is based in Jeddah, Saudi Arabia, provides healthcare-related products and services to doctors, hospitals and pharmacies.Azri Azerai, Executive Director of Bintai Kinden said, "This MoU gives us the framework to explore in more concrete terms how JMI and Nouveta can collaborate further in Saudi Arabia and the UAE and leverage on the opportunities that can be found in these countries.""As a first step, we are looking to appoint Nouveta as JMI's distributor in Saudi Arabia and secondly, we will study more on the commercial viability of providing M&E solutions and services in Dubai and the rest of the UAE that may encompass a wider market than just hospitals and pharmacies. We look forward to deepening the partnership with Nouveta."Ali Salem Alsubai, General Manager of Nouveta said, "We look forward to a fruitful relationship with JMI and Bintai Kinden. We believe that there are opportunities for us to leverage on and grow together."Bintai Kinden, which recorded a net profit of RM0.91 million in the quarter ended 31 March 2022 (Q4 2022) against a net loss of RM6.59 million in the corresponding Q4 2021, also recently formed a partnership with Marafie Industries Co to supply piping materials to oil and gas related companies in Saudi Arabia as well as securing a series of projects from Petro Flanges & Fittings Sdn Bhd to supply piping materials.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)