SingleView showcases transformative open banking solutions

Photo: (@SingleViewCo)
Photo: (@SingleViewCo)
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Updated 10 November 2024
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SingleView showcases transformative open banking solutions

Photo: (@SingleViewCo)

SingleView, a leader in fintech and open banking services, participated in the Seamless Saudi 2024 exhibition and conference, held at the Riyadh Front Exhibition and Conference Center from Oct. 22-24. The company highlighted its dedication to driving innovation in digital commerce through its cutting-edge open banking services.
During the event, SingleView announced two strategic partnerships with prominent industry players, namely Al-Dawaa Pharmacy and Lendo Saudi Arabia. These partners will leverage SingleView’s innovative platform to enhance their financial operations, marking a significant step in advancing their digital transformation across key sectors in Saudi Arabia. These partnerships reflect SingleView’s growing influence in the financial sector and its mission to support the acceleration of digital innovation.

HIGHLIGHT

During the event, SingleView announced two strategic partnerships with prominent industry players namely, Al-Dawaa Pharmacy and Lendo Saudi Arabia.

Abdulrhman Alarifi, chief executive of SingleView, said: “These collaborations highlight SingleView’s unwavering drive to redefine financial services in Saudi Arabia. By harnessing the power of open banking, we are not only transforming the financial landscape but also paving the way for a more innovative, inclusive, and digitally empowered future.”
Alarifi joined a keynote panel on Oct. 23, discussing Saudi Arabia’s journey in taking open banking from vision to reality and emphasizing its impact in driving forward financial advancements.
Eugene Williams, head of product at SingleView, captivated crowds with his presentation on the topic “Open Banking PIS: Why Should I Care?” delving into the importance of payment initiation services and how businesses can benefit from these advancements.
Headquartered in Riyadh, SingleView is a fintech company offering open banking and financial solutions. With partnerships established with all major Saudi banks, the company is dedicated to transforming financial services on a global scale.

Their mission is to empower businesses in every industry to drive profitability, enhance customer engagement, and achieve long-term success.

 


SDB hosts training camp for productive families

SDB hosts training camp for productive families
Updated 33 sec ago
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SDB hosts training camp for productive families

SDB hosts training camp for productive families

The Social Development Bank has successfully concluded an initiative to empower productive families in the culinary sector. The “Almarai Chefs” camp was organized in partnership between SDB — represented by the Dulani Business Center — and Almarai, and ran for five months in Riyadh, supporting 43 participants through 12 expert speakers and 14 specialized consultants.

The program provided intensive training and knowledge-building sessions to equip participants with essential marketing and financial skills, enabling them to establish competitive projects in the Saudi market. It also included more than 215 specialized consultations, the development of brand identities for participating businesses, and educational field visits to explore best industrial practices and emerging trends in the culinary industry.

Sultan Al-Hamidi, CEO of SDB, said: “The Almarai Chefs camp exemplifies the effective partnership between the public and private sectors, forming a comprehensive ecosystem to build the capacities of productive families and enable them to develop and manage entrepreneurial ventures. This initiative aligns with SDB’s efforts to bridge the gap toward entrepreneurship by providing innovative financial solutions and comprehensive empowerment services, thereby enhancing the sustainability of projects and contributing to a dynamic and diversified economy.”

Al-Hamidi added: “SDB takes pride in having provided over SR2.8 billion ($746.5 million) in financing during 2024 to support more than 76,000 productive families and freelancers across the Kingdom. We also focus on delivering non-financial support, such as training and advisory services, to enhance the capabilities of productive families, enabling them to achieve financial independence and successfully enter the labor market.”

Abdullah Al-Badr, CEO of Almarai, said: “Our partnership with the Social Development Bank has yielded a tangible impact in empowering productive families. The Almarai Chefs camp was centered on fostering innovation in the culinary field, enabling small businesses to achieve growth and sustainability in line with market demands. Additionally, it provided necessary training and facilitated access to sales channels, exhibitions, and events, as well as digital applications, helping these projects expand their reach and create new job opportunities.”

SDB is considered a leading institution in empowering productive families and facilitating their transition into entrepreneurship, with the goal of supporting local communities, contributing effectively to the national economy, and achieving sustainable development.


ALJ Electronics boosts customer experience with WebEngage

ALJ Electronics boosts customer experience with WebEngage
Updated 1 min 16 sec ago
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ALJ Electronics boosts customer experience with WebEngage

ALJ Electronics boosts customer experience with WebEngage

Abdul Latif Jameel Electronics, an electronics and home appliances brand, has partnered with WebEngage, a customer data platform and marketing automation suite, to transform their customer engagement in Saudi Arabia’s electronics sector. The collaboration is focused on enhancing digital customer experience through data-driven personalization and seamless omnichannel integration.

By leveraging WebEngage’s AI-powered retention and engagement platform, ALJ Electronics will ensure exceptional customer experiences across all touchpoints — online and offline.

WebEngage’s comprehensive platform integrates customer data management, behavioral segmentation, and advanced engagement tools across channels like email, SMS, WhatsApp and website. This has enabled ALJ Electronics to deliver highly personalized interactions throughout the customer journey, from pre-purchase engagement to post-purchase support.

Haneen Othman Omer Bakkar, marketing manager at ALJ Electronics, said: “We’re all about making shopping at Abdul Latif Jameel Electronics feel effortless and personal, whether you’re online or visiting one of our stores. With WebEngage’s tools, we’re stepping up how we connect with our customers, making every interaction smoother and more meaningful. Customer experience is the make-or-break of every industry, and we’re glad to have WebEngage’s support.”

WebEngage’s platform will allow ALJ Electronics to optimize customer retention by re-engaging dormant customers, providing tailored marketing offers, and building stronger loyalty through improved post-purchase care. 

The partnership also reflects the growing importance of omnichannel strategies in retail as brands increasingly strive to meet the demands of a digitally savvy customer base.

Hetarth Patel, VP — growth markets (MEA, Americas and APAC) at WebEngage, said: “We are delighted to work with Abdul Latif Jameel Electronics, which has built such a strong legacy of quality and innovation in Saudi Arabia’s electronics retail. We now have the chance to pair that with WebEngage’s expertise in personalization and retention. The benchmarks of customer experience are rapidly evolving in Saudi Arabia, and we’re eager to explore this with Abdul Latif Jameel Electronics.”

With a proven track record of delivering remarkable outcomes in customer experience, retention, and ROI for more than 800 clients across industries like retail, education, finance, food and beverages, media, real estate, and health care, WebEngage brings its global expertise to this collaboration.


Dar wa Emaar’s ‘Saraya Al-Fursan 2’ achieves SR450m in sales within 3 months of launch

Dar wa Emaar’s ‘Saraya Al-Fursan 2’ achieves SR450m in sales within 3 months of launch
Updated 05 February 2025
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Dar wa Emaar’s ‘Saraya Al-Fursan 2’ achieves SR450m in sales within 3 months of launch

Dar wa Emaar’s ‘Saraya Al-Fursan 2’ achieves SR450m in sales within 3 months of launch

Dar wa Emaar Real Estate Investment and Development Company, a pioneer in the real estate development sector in Saudi Arabia, has achieved an impressive 50 percent sales milestone, totaling SR450 million ($120 million), for its Saraya Al-Fursan 2 residential development in Al-Fursan Suburb, Riyadh, just three months after its launch. Introduced during last year’s Cityscape Global, the second phase of the project has been realized through DwE’s ongoing partnership with the National Housing Company.

Saraya Al-Fursan 2 is a testament to the enduring success of its predecessor, reflecting the deep trust and confidence clients and the NHC place in Dar wa Emaar. This second phase not only continues the legacy of quality and excellence established by the first but also signals the strength of the ongoing partnership between DwE and NHC, which has been crucial in meeting the high expectations and demands of today’s Saudi real estate market.

Commenting on the project’s resounding early-stage success, Mansour Aljfaili, sales director at DwE, said: “DwE has had the privilege of serving the Kingdom and its people for nearly two decades, during which we have witnessed the flourishing of the real estate industry and the emergence of a mature, discerning, and optimistic market. Homeownership is one of the most significant investments an individual or family can make, and Saraya Al-Fursan 2’s strong sales figures demonstrate that DwE has once again earned the trust and confidence of the public. These impressive results have also surpassed our target for the first year since the launch, reflecting the exceptional demand and confidence in our projects. We look forward to seeing Saraya Al-Fursan, and the Al-Fursan Suburb community, continue to evolve and thrive in the years to come.”

Saraya Al-Fursan 2 represents the latest milestone in DwE’s commitment to honoring Saudi Arabia’s rich heritage while addressing the current and future primary property ownership aspirations of its people. Strategically located just 10 km from King Khalid International Airport and 30 km from Riyadh Boulevard and the King Abdullah Financial District, Saraya Al-Fursan 2 offers unparalleled connectivity while enhancing quality of life with homes tailored to suit the evolving needs of today’s Saudi citizens and residents. 

This vibrant, community-focused lifestyle development offers 718 housing units across four thoughtfully designed villa models: two five-bedroom family villas and two four-bedroom villas. 

Each model blends modern and vernacular architectural motifs, with their exterior facades characterized by bold, cubic designs accented by mashrabiya screens and warm earthen tones. The interiors combine open, contemporary layouts with traditional majlis and dewaniyah spaces. Saraya Al-Fursan 2 emphasizes sustainable design with features like energy-saving LED lighting, natural marble and porcelain flooring, and high-quality construction materials ensuring durability and environmental consciousness.

Saraya Al Fursan is a key project within Al-Fursan Suburb, designed to increase the supply of quality housing in this ambitious city development. Spanning 461,683 square meters, it dedicates 41 percent of its space to residential villas, 32 percent to gardens and landscapes, and 27 percent to commercial spaces, roads, and public facilities. 


Big 5 Construct Saudi returns with 2,000 exhibitors from 60 nations

Big 5 Construct Saudi returns with 2,000 exhibitors from 60 nations
Updated 04 February 2025
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Big 5 Construct Saudi returns with 2,000 exhibitors from 60 nations

Big 5 Construct Saudi returns with 2,000 exhibitors from 60 nations

Saudi Arabia’s construction market is projected to grow from $70.33 billion in 2024 to $91.36 billion by 2029, according to Mordor Intelligence, highlighting the growing opportunities in the construction sector. Big 5 Construct Saudi, the largest and most influential construction event in the Kingdom, is returning for its 13th edition, expanding into a two-week format and designed to meet the evolving demands of the market.

Unifying the full construction value chain from inception to completion, the event will provide two weeks of business making, networking and knowledge sharing at the Riyadh Front Exhibition and Conference Center, from Feb. 15–18 (first week) and Feb. 24–27 (second week), providing attendees with a specialized and comprehensive experience tailored to the construction ecosystem’s diverse needs.

“With over a decade of success, Big 5 Construct Saudi will bring together more than 2,000 leading local and international companies, fueling high-impact collaborations, project innovations and the adoption of cutting-edge construction technologies and techniques that are shaping Saudi Arabia’s built environment,” said Muhammed Kazi, senior vice president — construction at dmg events. “The new two-week format directly responds to the dynamic growth of the Saudi market and its evolving needs. This approach enables us to deliver a more targeted experience for attendees while maximizing access to ongoing and upcoming business opportunities driven by Vision 2030’s development goals.”

The first week of Big 5 Construct Saudi will lay the foundation for the Kingdom’s future construction projects, focusing on critical sectors like building materials, plant machinery, concrete, offsite construction, HVAC R and MEP technology. Heavy Saudi Arabia, Totally Concrete Saudi Arabia and HVAC R Saudi will be the co-located events alongside Big 5 Construct Saudi, offering specialized insights into Saudi Arabia’s $1.7 trillion project pipeline.

Leading industry players will present innovative products and services. Some of these include: Masdar, a distributor offering a wide range of building materials and tools; Daikin, an innovator in HVAC solutions; Saudi Binladin Group, a major construction conglomerate; CPC, a provider of building materials; Haier, a provider of smart appliances; Dewalt, a manufacturer of power tools; Al-Yamamah Steel, a supplier of steel products; Vada Stone, a specialist in natural stone; and Buna, a producer of concrete solutions.

Hussein and Al-Hassan G. Shaker Bros. Company, a leading HVAC company, is supporting the event as the HVAC R — Exclusive Diamond Sponsor. Commenting on their participation, Sheikh Hassan G. Shaker, CEO, Hussein and Al-Hassan G. Shaker Bros, said: “As the sole distributor of Midea air conditioners in Saudi Arabia, we are thrilled to bring back our cutting-edge HVAC solutions and latest innovations to the forefront at this year’s Big 5 Construct Saudi.”

Also supporting the HVAC R Expo as the HVAC R Partner is American multinational HVAC, refrigeration, and fire and security equipment giant Carrier. “The co-located HVAC R Saudi Arabia aligns perfectly with our vision at Carrier to contribute to the Kingdom’s transformative construction landscape and strengthen our presence in this dynamic market,” said Salman Zebian, general manager, Carrier Saudi Arabia.

From Feb. 24–27, the second week of Big 5 Construct Saudi will shift its focus to the finishing touches that complete construction projects. Key sectors such as building facades, windows, urban design, marble, stone, hospital design and build and facilities management will take the center stage, with co-located events like Windows, Doors and Facades Saudi Arabia, Marble and Stone Saudi Arabia, Urban Design and Landscape Saudi Arabia, Saudi Hospital Design and Build Expo, and Saudi FM and Clean.

Exhibitors include: Al-Zamil, a leader in industrial solutions; Schuco, an expert in window systems; Alumil, a manufacturer of aluminum systems; Pulver, a supplier of industrial equipment; ALCO, a producer of construction materials; Akma Stone, a specialist in natural stone; National Paints, a provider of coatings; Al-Andalus, a distributor of building materials; Domus, a provider of architectural solutions; Cube, an innovator in construction technologies; Technoform, a specialist in thermal insulation; and Gutmann, a supplier of aluminum systems.


Budget Saudi launches ‘Quit Screens to Scenes’ campaign

Budget Saudi launches ‘Quit Screens to Scenes’ campaign
Updated 04 February 2025
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Budget Saudi launches ‘Quit Screens to Scenes’ campaign

Budget Saudi launches ‘Quit Screens to Scenes’ campaign

Budget Saudi Arabia, a car rental company in the Kingdom, has launched a new initiative to bring friends, families and loved ones together.

Underlining its commitment to empowering people to embark on rewarding travel and transportation experiences, the company has partnered with popular Saudi influencer Azooz Bakr to enliven special occasions, celebrate cherished moments and create lasting memories.

At a time when more people are spending more time online than ever, Budget Saudi’s new initiative — “Quit Screens to Scenes” — inspires consumers across the Kingdom to immerse themselves in their real-world connections, transforming virtual engagements into meaningful, in-person experiences that will live long in the memory.

As part of the campaign and in-keeping with the company’s ongoing mission to curate transporting adventures for its customers, the initiative will see the company provide a new service to users. As opposed to simply sending a digital message — be it through a text or an email — to a friend or family member when celebrating occasions or anniversaries such as birthdays, job promotions and new career milestones, Budget Saudi will offer people the chance to reconnect with those closest to them and take part in special on-ground celebrations.

Participants will be personally driven by Bakr to surprise and celebrate with their loved ones, transforming virtual interactions into truly special occasions. Budget Saudi will handle all logistics, making the experience as smooth, seamless and straightforward as possible, reiterating that celebrating real-world connections can be just as simple as sending a virtual message — and much more rewarding.

Fawaz Abdullah Danish, president and group CEO, Budget Saudi Arabia, said: “At Budget Saudi, we ‘Keep Moving’ people where they need to be and take great pride in doing so. We understand that this is incredibly important — especially when bringing families and loved ones together to celebrate the moments and occasions that matter most to them. We recognize that our work transcends simply enabling customers to move from point A to point B: the move that breaks the shackles of status quo to freedom of creativity and empowerment. It empowers people to enrich their lives by strengthening their bonds with those dearest and closest to them, no matter how far away they might be. ‘Quit Screens to Scenes’ was created to do precisely that, transforming people’s personal celebrations and lives by bridging the gap between the virtual world and the real world.”