Who’s Who: Abdullah bin Sulaiman Al Rajhi, Arab Banking Personality of the Year

Abdullah bin Sulaiman Al Rajhi
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Updated 05 June 2023
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Who’s Who: Abdullah bin Sulaiman Al Rajhi, Arab Banking Personality of the Year

Abdullah bin Sulaiman Al Rajhi was recently named Arab Banking Personality of the Year by the board of directors of the Union of Arab Banks.

Al Rajhi is chairman of Al Rajhi Bank, one of the largest banks in the Arab world.

With a career spanning several decades, he has established himself as a leader in the financial sector. Under his leadership, Al Rajhi Bank has achieved remarkable success and garnered global recognition.

In 2021, Forbes magazine listed the bank as the sixth-strongest company among the top 100 companies in the Arab world, a testament to Al Rajhi’s strategic vision and commitment to excellence.

In addition to his role at Al Rajhi Bank, he is a board member and chairman of various investment, industrial and charitable companies.

He is chairman of Al Rajhi Cooperative Insurance Co., Al Rajhi Holding Group, Al Rajhi Financial Co., Farabi Petrochemicals Co., Al-Ajial Holding Co., and Saudi Carpet Manufacturing Co., among others.

His career in the banking sector began in 1979 when he joined Al Rajhi Bank.

From deputy general manager for financial affairs to CEO and, ultimately, chairman, his contributions have been instrumental in shaping the bank’s growth and transformation.

Al Rajhi graduated from King Abdulaziz University with a bachelor’s degree in business administration in 1979.

He continues to be a driving force in the banking sector, inspiring future generations of business leaders.

 


Safety first as Saudi firm puts smart tech in the driving seat

Updated 6 sec ago
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Safety first as Saudi firm puts smart tech in the driving seat

  • Under an initiative launched in Riyadh on Monday by Saudi Insurance Services Company (Najm), smart devices installed in vehicles will monitor speed, acceleration, braking, turns, and compliance with traffic regulations

RIYADH: Saudi drivers could soon benefit from pioneering AI technology that will measure driver behavior and provide feedback, helping to improve road safety across the Kingdom.

Under an initiative launched in Riyadh on Monday by Saudi Insurance Services Company (Najm), smart devices installed in vehicles will monitor speed, acceleration, braking, turns, and compliance with traffic regulations.

The telematic technology can analyze data, and evaluate drivers’ risk levels compared with accepted standards.

Drivers will earn rewards and discounts on their vehicle insurance based on their driving habits.

The Najm initiative, a collaboration with US-based Cambridge Mobile Telematics and analytics platform AiGenix, will provide an advanced system for measuring driving behavior.

AiGenix spokesperson Asad Irshad told Arab News that the service will include AI-driven technology that studies driver behavior based on collected data and offers user assistance to improve driving habits.

“It goes not only from how you drive but when you drive, where you drive, what the road conditions are, what the weather conditions are, and whether that can change the risk factors on the road,” Irshad said.

Mohammed Al-Shehri, CEO of Najm, said that the initiative will help reduce road accidents and death rates, and offer protection against road hazards, helping meet the Kingdom’s Vision 2030 goals.

Najm will also launch a social media awareness program promoting road safety.

“Media is essential in this partnership, especially because the main goal is that we want to raise awareness of road safety in the Kingdom, which began with today’s signing,” Al-Shehri said.

“Through pioneering technology and strategic partnerships with global leaders like CMT and AiGenix, Najm is setting a new standard for road safety in Saudi Arabia. The initiative not only works to improve driving standards, but also creates a qualitative shift in driving behavior and insurance practices, which will enhance safety for all road users, enabling a safer and smarter driving environment across the country.”

William Powers, co-founder and CEO of Cambridge Mobile Telematics, said that the collaboration with Najm is a critical step toward creating safer, smarter roads.

“CMT has rapidly expanded worldwide in the past few years. Today, we power the most sophisticated mobility programs in the world, making roads and drivers safer on five continents, protecting millions of people every day. We are thrilled to partner with Najm on this groundbreaking telematics initiative and to bring safer roads to Saudi Arabia.”

Najm has already partnered with a number of insurance companies to adopt the new telematics system, and encourage customers to use sensors that measure driving behavior and compliance with traffic rules.

 


MWL chief outlines Islamic vision at leading UK university

Updated 08 July 2024
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MWL chief outlines Islamic vision at leading UK university

  • Woolf Institute at Cambridge University in the UK received Mohammed bin Abdulkarim Al-Issa
  • Al-Issa discussed clauses of the Makkah Declaration and their relevance to issues in the international arena

LONDON: The Woolf Institute at Cambridge University in the UK on Sunday received Mohammed bin Abdulkarim Al-Issa, secretary-general of the Muslim World League.

Al-Issa discussed clauses of the Makkah Declaration and their relevance to issues in the international arena.

These included an understanding of difference and diversity, migration, climate change, hate speech, the empowerment of women in Islam, and the promotion of awareness among Muslim youth and non-Muslims about the teachings of Islam.

Al-Issa highlighted the league’s efforts in these areas, adding that the organization engages in dialogue with those who want to hear the truth and understand Islamic values from different perspectives around the world.


Saudi border guards seize over a ton of qat

Updated 08 July 2024
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Saudi border guards seize over a ton of qat

The General Administration of the Mujahideen and Border Guard patrols successfully thwarted multiple smuggling attempts in Jazan and the Asir Region, seizing a total of 1,222 kg of qat.

Patrols in Jazan thwarted the smuggling of 507 kg of qat, and the confiscated items were transferred to the appropriate authorities after initial regulatory procedures.

Security regiments in the Asir Region also intercepted 240 kg of qat in the Al-Farsha Governorate.

In the Al-Raboah sector of the Asir Region, Border Guards arrested 11 Ethiopians attempting to smuggle 275 kg of qat.

Preliminary legal procedures were implemented, the suspects were arrested, and the seized drugs were handed over to the relevant authorities.

Border Guard patrols in the Al-Ardah sector of Jazan thwarted the smuggling of 200 kg of qat.

Initial regulatory procedures were promptly carried out, and the confiscated items were transferred to the authorities.

People are urged to report any information pertaining to drug smuggling or related activities.

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Saudi border guards seize 79,700 narcotic tablets in Jazan

Updated 08 July 2024
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Saudi border guards seize 79,700 narcotic tablets in Jazan

RIYADH: Saudi Border Guards have thwarted an attempt to smuggle 79,700 narcotic tablets in the southern Jazan region.

Land patrols in Al-Dair sector in the region intercepted the drugs and transferred them to the appropriate authorities, the Saudi Press Agency reported.

Saudi authorities urge members of the public to report any information connected to drug smuggling or related activities.

Reports can be made by contacting emergency numbers (911) in Makkah, Riyadh and the Eastern regions or (999) in other regions of the Kingdom. Additionally, reports can be submitted to the General Directorate of Narcotics Control hotline (995) or via email at [email protected]. All reports will be handled with utmost confidentiality.

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Saudi police arrest 3 for illegal hunting, arson

Updated 08 July 2024
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Saudi police arrest 3 for illegal hunting, arson

  • 2 poachers nabbed in King Salman Royal Natural Reserve
  • A third caught setting fire to vegetation cover in Hail province

RIYADH: Three citizens have been arrested for violating the country’s environmental laws, with two held for illegal hunting of wildlife and one for arson, the Special Forces for Environmental Security announced on Sunday.

In a statement carried by the Saudi Press Agency, the SPES said its field patrols arrested Ahmed Suleiman Maqbool Al-Sharari and Zahir Dhaif Allah Muslim Al-Sharari for hunting without licenses inside the King Salman Royal Natural Reserve.

They were caught in possession of a firearm, live ammunition and a rabbit, according to the SPES.

The SPES said there is a $21,300 penalty for hunting without a license using firearms. In addition, there is a $1,330 fine for hunting during prohibited periods, and $4,790 for catching wild rabbits.

Covering an area of 130,000 sq. km, the KSRNR is Saudi Arabia’s largest natural reserve. Located in the Kingdom’s north near the border with Jordan, it is known for its geographic and heritage diversity, and rare monuments dating back to about 8,000 B.C.

In the arson case, the SPES said the arrested citizen — whose identity was not mentioned — was found to have set fire to vegetation cover in the northwestern province of Hail.

The agency said there were fines of up to $799 for setting fire to vegetation.

The SPES called on the public to help protect the environment by reporting violations to 911 in Makkah, Riyadh and the Eastern Province, and 999 and 996 in the rest of the Kingdom.