海角直播

Unlocking Saudi hospitality: AVANA and Ezdaher pave new investment pathways to support Vision 2030

Special Unlocking Saudi hospitality: AVANA and Ezdaher pave new investment pathways to support Vision 2030
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Updated 23 June 2025

Unlocking Saudi hospitality: AVANA and Ezdaher pave new investment pathways to support Vision 2030

Unlocking Saudi hospitality: AVANA and Ezdaher pave new investment pathways to support Vision 2030

海角直播鈥檚 Vision 2030 sets an ambitious target: welcoming 150 million visitors annually and positioning the Kingdom as a global hospitality hub. Delivering this vision demands more than hotel construction; it requires a complete ecosystem of entrepreneurs, capital providers, government programs, and efficient financial markets to mobilize and sustain investment at scale.

AVANA Companies, a US-based private credit and real estate investment firm with over two decades of experience financing hospitality projects globally, has developed a dual initiative to strengthen 海角直播鈥檚 hospitality investment landscape. Through its affiliate, Ezdaher Financing Company, AVANA is introducing structured financing programs and pioneering crowdfunding solutions designed to unlock domestic capital and create sustainable, inclusive growth.

Leveraging partnerships with global leaders such as IHG Hotels and Resorts and Oaktree Capital Management, AVANA has developed an innovative co-funding program that pools institutional capital into a streamlined funding framework. This model overcomes traditional barriers such as lengthy approval processes and extensive guarantees by enabling faster capital flows for hotel construction projects. While initially focused on established US markets, the asset-backed structure is highly relevant for Middle Eastern investors seeking secure exposure to global hospitality sectors. With Ezdaher鈥檚 regional initiative, AVANA is well-positioned to align international investment practices with the strategic ambitions of Saudi investors.

鈥淏y combining our global hospitality financing expertise with local presence through Ezdaher, we are committed to creating pathways that empower investors and advance Vision 2030,鈥 said Sundip Patel, CEO of AVANA Companies.聽

Alongside its global initiatives, AVANA is addressing the critical need to activate 海角直播鈥檚 domestic capital base. Traditional loan capital often remains immobilized until maturity, slowing economic circulation. The EqualSeat platform, developed under the Ezdaher banner, introduces an innovative crowdfunding model that transforms passive savings into active investment. Through EqualSeat, Saudi investors can directly participate in private credit, SME Funding, and real estate opportunities. This approach increases liquidity for financial institutions, supports broader entrepreneurship, and stimulates economic expansion through the Keynesian multiplier effect.

海角直播鈥檚 financial modernization efforts have made significant strides, but a thriving crowdfunding sector requires ongoing regulatory development, standardized risk grading, and greater investment transparency. Building investor trust will be critical to unlocking the full potential of domestic capital markets and ensuring that private sector initiatives complement public-sector programs without overlap or conflict.

AVANA Companies and Ezdaher Financing Company are actively seeking partnerships with family offices and institutional investors to drive sustainable hospitality growth, create high-quality employment opportunities, and support 海角直播鈥檚 economic diversification goals.


Amazon launches online grocery delivery in 海角直播 with Al-Othaim Markets

Amazon launches online grocery delivery in 海角直播 with Al-Othaim Markets
Updated 14 sec ago

Amazon launches online grocery delivery in 海角直播 with Al-Othaim Markets

Amazon launches online grocery delivery in 海角直播 with Al-Othaim Markets

Amazon customers in select regions of 海角直播 will now have access to thousands of grocery and everyday products from Al-Othaim Markets. This marks a significant expansion of Amazon鈥檚 online grocery delivery services in the Kingdom. Initially available in Riyadh and Jeddah, the service offers customers thousands of new grocery and everyday household essential items, in addition to those already available through Amazon.sa.

This launch combines Al-Othaim Markets鈥 extensive retail network and competitive pricing with Amazon鈥檚 advanced delivery infrastructure, enabling same-day delivery of fresh groceries directly to customers鈥 homes. 

Abdo Chlala, country manager, Amazon 海角直播, said: 鈥淲e are thrilled to collaborate with Al-Othaim Markets, a company that shares our dedication to putting customers first. This collaboration represents a significant step in our ongoing efforts to enhance Amazon鈥檚 grocery shopping experience in 海角直播. We鈥檙e excited to bring this new offering to our customers, starting in key cities, to provide more convenience, selection, and value than ever before.鈥

Muaffaq Mubarah, CEO of Abdullah Al-Othaim Markets, said: 鈥淥ur collaboration with Amazon signifies a transformative step for the grocery sector in 海角直播. By integrating Al-Othaim Markets鈥 extensive range of quality products with Amazon鈥檚 logistics infrastructure already optimized for speed and efficiency, we are setting a new standard for grocery delivery services. This collaboration is not just about expanding our reach; but also enriching the shopping experience for customers, ensuring they receive the best in both product quality and delivery efficiency.鈥

Key benefits

  • Selection: Access to over 10,000 new products, including fresh produce, packaged groceries, household essentials, and more, in addition to the wide grocery selection available from Amazon.sa
  • Competitive pricing: Instant discounts, bi-weekly promotions, and multi-shop coupons.
  • Fast delivery: Same-day delivery across Riyadh and Jeddah. Prime members receive free delivery on orders above SR75 ($20). 
  • Trusted shopping experience: Amazon鈥檚 easy returns, refund policies, and 24/7 customer support. 

Cutting-edge logistics

Amazon utilizes temperature-controlled vehicles and AI-powered inventory management. This grocery-specific infrastructure allows for same-day delivery of perishables and maintains cold chain integrity from store to doorstep. The introduction of perishables for customers on Amazon.sa demonstrates Amazon鈥檚 commitment to revolutionizing online grocery shopping, offering customers unparalleled convenience and product quality.

Customers in Riyadh can shop Al-Othaim products directly from the 鈥淔resh鈥 header in the Amazon app.


SAB wins two Global Banking & Finance Review Awards for leadership in innovation

SAB wins two Global Banking & Finance Review Awards for leadership in innovation
Updated 2 min 41 sec ago

SAB wins two Global Banking & Finance Review Awards for leadership in innovation

SAB wins two Global Banking & Finance Review Awards for leadership in innovation

Saudi Awwal Bank, one of the leading banks in the Kingdom, has received two prestigious awards 鈥 鈥淢ost Innovative Banking Initiative, 海角直播 2025鈥 for the SAB Innovation Center, and 鈥淓xcellence in Corporate Innovation, 海角直播 2025鈥 鈥 from the Global Banking and Finance Review Awards. The awards reinforce the bank鈥檚 position as a leading force in financial innovation and a benchmark for innovation culture in the Kingdom and globally.

The awards highlight SAB鈥檚 strategic focus on building a sustainable culture of innovation and shaping a future-ready banking ecosystem. The SAB Innovation Center serves as a key driver of financial innovation, providing the tools, capabilities and frameworks necessary to develop, test, and scale effective banking solutions.

Saeed Assiri, chief innovation banking officer at SAB, said: 鈥淭hese awards reflect our commitment to making innovation a shared responsibility across the financial sector. We are building a forward-looking ecosystem that keeps pace with the future of banking. By accelerating financial innovation, we are not only advancing the bank but also contributing to the growth of the Kingdom鈥檚 economy and supporting the objectives of Saudi Vision 2030.鈥

This recognition adds to a series of prestigious accolades SAB has received in 2025, including being named 鈥淏est Bank in 海角直播鈥 by Euromoney for its strong financial performance and innovation leadership, and 鈥淏est Innovation in Operational Excellence鈥 at the CX Live Show 2025 for its advanced use of automation and customer journey design to elevate service quality. These achievements reaffirm SAB鈥檚 commitment to shaping the future of financial services through innovation, collaboration, and sustainable growth.


Genesis drives spirit of style at Riyadh Fashion Week 2025

Genesis drives spirit of style at Riyadh Fashion Week 2025
Updated 19 October 2025

Genesis drives spirit of style at Riyadh Fashion Week 2025

Genesis drives spirit of style at Riyadh Fashion Week 2025

Genesis, renowned for pioneering the future of sophisticated, design-led mobility, is the strategic automotive partner of Riyadh Fashion Week 2025, taking place from Oct. 16 to 21.
Throughout the week, Genesis is playing an integral role in elevating the guest experience. The brand is providing 100 vehicles to transport VIPs, celebrities, and invited guests, ensuring a seamless and luxurious journey that reflects Genesis鈥 spirit of refinement and comfort.
As a Korean design-focused brand, Genesis has introduced fascinating models that embody 鈥渁thletic elegance,鈥 including the G70, the G80 midsize sedan and the G90 flagship sedan, as well as the GV70, GV80 and GV80 Coupe. With Genesis distributors based throughout the Middle East and Africa region, Genesis is present with standalone showrooms in the region, with plans to expand further into the MEA region in the near future. 
Riyadh Fashion Week is the official fashion platform of 海角直播, initiated by the Fashion Commission under the Ministry of Culture. Since its debut in 2023, it has grown into a defining moment in the global fashion calendar, offering a powerful stage for Saudi and international designers to share their vision with the world.


ARP Digital and stc Pay partner to elevate cross-border settlement infrastructure

ARP Digital and stc Pay partner to elevate cross-border settlement infrastructure
Updated 17 October 2025

ARP Digital and stc Pay partner to elevate cross-border settlement infrastructure

ARP Digital and stc Pay partner to elevate cross-border settlement infrastructure

, a digital-asset firm licensed by the Central Bank of Bahrain (CBB) as a Category 3 Crypto-Asset Services Provider, specializing in regulated stablecoin settlement infrastructure, today announced a strategic partnership with stc Pay, a leading digital financial services brand in the Middle East. 

Through this collaboration, ARP will serve as stc Pay鈥檚 settlement and digital-asset conversion partner in the GCC, while stc Pay will serve as ARP鈥檚 terminating and collection partner across key global corridors. Together, the firms will introduce regulated stablecoin infrastructure that enables regulated settlement and conversion between digital assets and fiat currencies across high-volume corridors. 

鈥淭his partnership is about building real-world connectivity,鈥 said Abdulaziz Kanoo, co-founder of ARP Digital. 鈥淏y combining ARP鈥檚 regulated settlement infrastructure with stc Pay鈥檚 strong regional presence, we are expanding access to efficient cross-border rails that bring the transparency and value of digital assets closer to real economies.鈥 

This announcement marks one of several partnerships ARP Digital is forming globally to establish interoperable settlement rails powered by stablecoins, bridging traditional financial institutions with digital assets. 

 


Riyadh pop-up celebrates Trendyol鈥檚 collaboration with Rahaf Al-Harbi

Riyadh pop-up celebrates Trendyol鈥檚 collaboration with Rahaf Al-Harbi
Updated 16 October 2025

Riyadh pop-up celebrates Trendyol鈥檚 collaboration with Rahaf Al-Harbi

Riyadh pop-up celebrates Trendyol鈥檚 collaboration with Rahaf Al-Harbi

Trendyol, one of the world鈥檚 leading e-commerce platforms, is bringing its signature style to Riyadh this month with a pop-up experience celebrating its collaboration with Saudi model Rahaf Al-Harbi, alongside a curated edit of other fashion and beauty must-haves. Running from Oct. 13 to 27 at Al-Nakheel Mall in Riyadh, the Trendyol pop-up invites visitors to shop, discover, and create content in an engaging and interactive setting.

The collection features this season鈥檚 standout pieces, from cozy knits and tailored blazers to romantic chiffon dresses, statement accessories, and must-have beauty essentials from Trendyol Beauty, offering something for every occasion.

On Oct. 16, Al-Harbi, one of 海角直播鈥檚 most-loved fashion and lifestyle creators, will make a special in-store appearance, giving fans the chance to meet her in person and experience the collection firsthand. Visitors can also look forward to a live beauty session with a professional makeup artist, showcasing Trendyol鈥檚 latest beauty range.

Since entering the GCC market in late 2023, Trendyol has quickly become a go-to destination for Gulf shoppers, celebrated for its versatile product range, affordable prices, and creative collaborations with regional and international talent.