Mastercard, Global Hotel Alliance launch co-branded card

Mastercard, Global Hotel Alliance launch co-branded card
Amnah Ajmal, executive vice president, market development, EEMEA, Mastercard, and Chris Hartley, CEO, Global Hotel Alliance.
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Updated 14 July 2024
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Mastercard, Global Hotel Alliance launch co-branded card

Mastercard, Global Hotel Alliance launch co-branded card

Mastercard and Global Hotel Alliance, one of the world’s largest alliance of independent hotel brands, have signed a multimarket agreement to introduce a co-branded card, designed to boost the travel and hospitality experience for discerning travelers. The collaboration will be tailored to the unique needs of affluent cardholders — offering a vast choice of accommodation arrangements and rewards.

According to Mastercard’s Affluent Travel Report, 34 percent of affluent travelers in the MENA region are users of loyalty schemes and membership cards, and more than half of the affluent travelers say they are looking for more meaningful experiences rather than shopping and souvenirs. With this partnership, Mastercard and GHA will curate more personalized and enriching travel experiences for UAE cardholders.

“Mastercard is committed to connecting people to their passions while also enhancing consumer experiences and driving positive change. As we witness a rise in luxury travel in the region, we continue to enrich customer experiences through comprehensive travel benefits, rewards, and convenience. We look forward to our partnership with GHA as we continue to chart a path in redefining luxury travel,” said Amnah Ajmal, executive vice president, market development, EEMEA, Mastercard.

“Our partnership with Mastercard marks a significant milestone in our ongoing efforts to reward our loyal customers. The co-branded credit card will not only offer unparalleled rewards and benefits, but also reinforce our position as a leader in the luxury hospitality sector,” said Chris Hartley, CEO, Global Hotel Alliance.

We love partnerships that bring added value to our member base, and so we choose to collaborate with select partners, who can create unique benefits and exclusive opportunities for our customers,” said Chris Hartley, CEO, Global Hotel Alliance.

The two companies have a long-standing relationship that started in 2015, when they introduced exclusive fast-track to elite status of GHA’s award-winning loyalty program — GHA Discovery — for Mastercard World and World Elite cardholders in the Middle East and Africa as well as in Asia-Pacific.

GHA marks its 20th anniversary this year and represents a collection of 40 brands with more than 800 hotels in 100 countries.


AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform

AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform
Updated 16 sec ago
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AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform

AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform

With over 10 years of experience in the real estate technology industry, AQAR has established itself as the ultimate destination for comprehensive real estate solutions in Saudi Arabia. Available as both a website and a mobile app on iOS and Android, AQAR provides a seamless platform for property seekers and advertisers alike.

AQAR simplifies the search process for those looking to buy or rent properties across all cities and regions of the Kingdom. Beyond just listings, AQAR offers a range of services, including financing, leasing, real estate data analysis, and marketing. These services aim to meet the diverse needs of customers while contributing to the regulation of the Saudi real estate market. AQAR is committed to achieving the highest user satisfaction by maintaining top-quality standards and fostering strong connections between buyers, sellers, real estate seekers, and both government and private entities.

A decade of success

AQAR’s journey began over a decade ago, building a robust experience with its clients to become the leading name in innovative real estate solutions. AQAR leads the prop-tech market in Saudi Arabia. Some of the key metrics are: 233 billion documented values of properties listed on the platform, 400 million monthly searches conducted on the platform, 35 million monthly listings views, 12 million app downloads on iOS and Android, and 2 million active users per month.

What does AQAR offer?

AQAR offers a comprehensive suite of services catering to diverse segments of the real estate market. For general services, the platform provides a vast database of real estate listings for both sale and rent, a detailed property map showcasing all residential projects, a streamlined process for obtaining real estate advertising licenses, efficient leasing services, and a robust property management system. Additionally, AQAR generates comprehensive data reports to analyze market trends and user interactions across different regions. For developers, AQAR offers project showcasing on its map with detailed unit information and project features, targeted messaging to verified users, and effective digital marketing strategies to reach potential buyers. Finally, AQAR provides flexible real estate office plans designed to assist real estate offices and brokers in managing their listings efficiently.

The ‘Dufaat’ rent now, pay later service

AQAR has introduced the “Dufaat” service, which allows tenants to convert annual rental payments into monthly installments. This system also ensures landlords receive full and secure payments, making the leasing process simpler and more efficient on the AQAR platform.

Future aspirations

AQAR is dedicated to continuously providing innovative services in the real estate market, enhancing partnerships with financial institutions, and improving the user experience to attract new target audiences and foster sustainable growth.


BSF-AstroLabs program boosts Saudi fintech talent

BSF-AstroLabs program boosts Saudi fintech talent
Updated 10 September 2024
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BSF-AstroLabs program boosts Saudi fintech talent

BSF-AstroLabs program boosts Saudi fintech talent

Bank Saudi Fransi and AstroLabs, a business expansion platform in the Gulf, have announced the successful conclusion of the second cohort of their flagship “Banker Technologist” program, which seeks to expand Saudi Arabia’s fintech talent pool, thereby contributing to the advancement of the broader fintech sector.

As Saudi Arabia is rapidly evolving into a global financial technology and innovation hub, the program plays a pivotal role in generating employment in fintech. This is in line with Vision 2030’s objectives to increase the number of fintech companies to at least 525 by 2030, up from 200 in 2023 to create 18,000 job opportunities.

This six-month program is uniquely designed to shift the emphasis from theoretical concepts to practical skill acquisition through a learning environment created to simulate actual workplace scenarios.

During the initial stages, the 10 selected participants took part in group classes held at AstroLabs’ premises in Riyadh, covering core development topics such as web development, databases, security, cloud and digital services, integration and programming, along with soft skills and personal competencies.

Afterward, the participants got the opportunity to partake in mentorship sessions moderated by more than 10 subject matter experts including established bankers and CEOs as well as members from the AstroLabs’ network, among other stakeholders. This immersive experience has equipped participants with the necessary technological tools, personalized support and unrivaled networking opportunities, including a visit to the LEAP conference held in Riyadh last May.

Reema Siyam, head of learning and talent management at Banque Saudi Fransi Academy, said: “As BSF takes strides toward its mission to become the most modern, innovative, and experience-focused bank in the region, we continue to focus on attracting, developing, and retaining top talent in the Kingdom to achieve that mission. Our ‘Banker Technologist’ program focuses on the skills needed to accelerate digital transformation at the bank and on empowering our employees to take charge of their development.”

At the end of the program, the participants started to work within the bank’s verticals and were offered the opportunity to gather insights from senior leaders, industry experts and specialized mentors from AstroLabs’ wider network through weekly sessions.

Fouad Fattal, vice president of key accounts and programs at AstroLabs, said: “We are delighted to be completing the second cohort of the ‘Banker Technologist’ program, which represents a cornerstone of our commitment as a company to foster fintech talents amid a rapid uptake in digital banking as a key pillar of the fintech industry in Saudi Arabia.”


Carrier opens regional office in Saudi Arabia

Carrier opens regional office in Saudi Arabia
Updated 10 September 2024
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Carrier opens regional office in Saudi Arabia

Carrier opens regional office in Saudi Arabia

Carrier Global Corporation, a global leader in intelligent climate and energy solutions, has announced the opening of its regional office in Riyadh. This strategic move underscores Carrier’s commitment to enhancing its operations in the Middle East, aligning with the region’s growth and development ambitions.

“Establishing our regional office in Riyadh is a strategic decision that aligns with our vision to be closer to our customers and partners in this rapidly growing region. Saudi Arabia’s Vision 2030 and its focus on sustainability and innovation make Riyadh an ideal location for our regional headquarters.” said Didier Genois, vice president and general manager, Carrier CHVAC Europe, Middle East, and Africa. “This move will allow us to better serve the needs of our customers and accelerate the deployment of our cutting-edge intelligent climate and energy solutions across the region.”

Tony Jabbour, managing director of CHVAC Middle East, added: “The establishment of our regional headquarters in Saudi Arabia underscores our commitment to the region and reflects our confidence in its future growth. We are enthusiastic about the opportunities this move creates for both Carrier and our customers.”

Carrier is committed to creating solutions that matter for people and the planet for generations to come. The company leads in inventing new technologies and entirely new industries, boasting a world-class, diverse workforce that puts the customer at the center of everything it does.


Cyber resilience takes center stage as MENA ISC 2024 kicks off in Riyadh

Cyber resilience takes center stage as MENA ISC 2024 kicks off in Riyadh
Updated 10 September 2024
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Cyber resilience takes center stage as MENA ISC 2024 kicks off in Riyadh

Cyber resilience takes center stage as MENA ISC 2024 kicks off in Riyadh

As the highly anticipated 12th edition of the MENA Information Security Conference kicks off on Wednesday, cybersecurity experts from around the world are set to converge in Riyadh to discuss and define the future of cyber defense in the Kingdom. Hosted by VirtuPort, this year’s theme “Hyper-Resilient Cyber: Navigating the Evolving Threat Landscape of the Interconnected World of IT, OT, IoT, IIoT and Hybrid Cloud,” shines the event’s focus on the intersection of various critical technologies shaping the modern digital ecosystem in the Kingdom and beyond.

MENA ISC 2024 will be powered by the collaboration of leading local and international cybersecurity firms whose combined market capitalization is over SR375 billion ($100 billion), including Salam, CyberKnight, Cyber Polygon (BI.ZONE) and other sponsors such as Kaspersky, Arcon, Cloudflare and Google Cloud Security, as well as PwC in the role of a knowledge partner. These partners play a crucial role in delivering key industry insights, emerging technologies real-time demonstrations and collaborative opportunities to enhance the Kingdom’s digital resilience.

Also present to boost knowledge sharing at the conference are speakers from various backgrounds, such as the distinguished speaker Craig Jones, former director of cybercrime at INTERPOL, who will lead a plenary session exploring the AI-driven cyber future, focusing on how artificial intelligence is transforming both defensive and offensive cybersecurity strategies. Also delivering a keynote will be Asma Al-Yemeni, who serves as the chief information security officer at the Technical and Vocational Training Corporation, where she is instrumental in developing and implementing robust cybersecurity strategies. With a strong background in information security and risk management, Al-Yemeni focuses on protecting sensitive data and ensuring compliance with regulatory standards. She is dedicated to fostering a culture of security awareness within the organization, empowering staff and students to recognize and mitigate potential threats and is known for her strategic vision and leadership. 

Additionally, another speaker, Reem Alzamil is the CEO of CyberX, where she leads the company in its mission to deliver in cybersecurity awareness solutions. With over a decade of experience in the technology sector, Alzamil has a proven track record of driving growth and fostering a culture of innovation. Her leadership style emphasizes collaboration and inclusivity, allowing diverse perspectives to shape the company’s strategic direction. A recognized thought leader in the Saudi cybersecurity community, she is committed to empowering organizations to navigate the complexities of the digital landscape while safeguarding their assets against evolving threats

Beyond the palette of leading cybersecurity players and insightful individual sessions, MENA ISC 2024 will offer panel discussions, live demonstrations of the latest cybersecurity technologies, and a series of interactive workshops aimed at equipping attendees with actionable insights and skills. This year’s agenda also emphasizes the importance of collaboration between government bodies, private sectors and international institutions to build a unified, hyper-resilient cybersecurity framework for one and all.

With over 3,000 expected attendees, including prominent figures from both regional and international cybersecurity landscapes, the conference is set to be the cornerstone for shaping the future of digital resilience in Saudi Arabia and beyond.


Zain KSA empowers people with disabilities in ICT sector

Zain KSA empowers people with disabilities in ICT sector
Updated 09 September 2024
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Zain KSA empowers people with disabilities in ICT sector

Zain KSA empowers people with disabilities in ICT sector

Demonstrating its commitment to empowering people with disabilities, Zain KSA has signed a memorandum of understanding with the Ministry of Human Resources and Social Development. Zain KSA will offer specialized training and development programs, along with job opportunities for individuals with disabilities as part of this agreement. Additionally, registered users on the MHRSD platform will receive exclusive offers tailored to their needs.

This collaboration seeks to empower individuals with disabilities and boost their presence in the ICT sector. This initiative demonstrates Zain KSA’s values of diversity, inclusion, and equality. By offering equal opportunities to all, Zain KSA is actively contributing to Saudi Vision 2030’s goal of enhancing social services, particularly for people with disabilities, through training, development, and integration into the workforce.

Commenting on the development, Loluwah Saad Alnowaiser, Zain KSA’s executive vice president of human resources, said: “At Zain KSA, our commitment goes beyond advancing telecommunications and digital services. We are dedicated to nurturing creativity and innovation among young talent throughout the Kingdom. Rooted in our belief that every individual possesses unique potential, we view it as our responsibility as Saudi leaders to cultivate and invest in this talent. This commitment aligns with our broader strategy to foster diversity and inclusivity within the workplace and society at large.

“Since 2018, we have actively pursued initiatives, such as the We Able initiative, to advance these goals. At Zain KSA, we are dedicated to attracting, training, and developing talented individuals with disabilities. We equip them with the scientific and professional skills needed to pursue fulfilling careers aligned with their abilities. Our goal is not just to retain this exceptional talent, but to nurture and empower them, enabling them to play an active role in community development.”

In his statement, MHRSD’s Assistant Undersecretary for Rehabilitation and Social Guidance Ahmed bin Mohammed Al-Hadithia said: “We are committed to creating an inclusive society where individuals with disabilities have equal opportunities to contribute to the nation’s social and economic progress. Our partnership with the private sector is instrumental in achieving seamless integration in this area, aligning with the ambitious goals of Saudi Vision 2030.”

Zain KSA partners with various organizations to empower individuals with disabilities to contribute to Saudi Vision 2030 goals. Most recently, the company partnered with the Authority of People with Disabilities on the Purple Saturday initiative to provide tailored and exclusive benefits to this community.