SEDCO Holding Group

SEDCO Holding Group Signs a Partnership Agreement with Saudi British Bank

SEDCO Holding Group signed a partnership agreement with the Saudi British Bank (SABB), for its Riyali Financial Literacy Program. The agreement was signed by Hasan Al Jabri, CEO of SEDCO Holding Group, and Naif Alabdulkareem, General Manager Retail Banking at SABB. The Riyali Financial Literacy Program attained the Ministry of Education’s endorsement to roll out the program in grade school as well as universities. The program aims to educate future generations on the importance and benefits of financial awareness. The program has already reached more than 400,000 beneficiaries and aims to reach 2 million beneficiaries by 2020.

SEDCO Holding Group Addresses Youth Financial Inclusion at the 2016 Hope Global Forums in Atlanta

Hosted by Operation HOPE in January in Atlanta (Georgia, USA), the 2016 Hope Global Forums Annual Meeting convened to Reimagine the Global Economy with a focus on 'Inclusive Economics'. Setting forth a goal to outline a solid vision for today's global economy, the meeting connected global leaders and Nobel Prize winners with government officials and the private sector. Leading the efforts to deliver youth financial literacy in the region with the Riyali financial literacy program, SEDCO Holding Group participated in this fourth edition of the Hope Global Forums. The three-day Annual Meeting topics covered the new and modern global economy, and demonstrated how community can serve as a call to action to inspire innovation and thought leadership to achieve economic growth and financial stability.

SEDCO Holding Group and AlShiaka seal strategic partnership

SEDCO Holding Group, a Shariah-compliant private wealth management organization, acquired 40% in AlShiaka, the Saudi men’s outfitters specialized in designing and making men’s thobes. Anees Moumina, CEO of SEDCO Holding Group, and Walid Al Andijani, AlShiaka’s CEO, sealed the deal in Jeddah at one of AlShiaka’s outlets on June 1st 2015. The partnership will utilize SEDCO Holding’s capital and expertise in corporate governance to drive the strategic growth of the company. This investment is in line with SEDCO Holding’s strategic approach to invest in viable new ventures in growth sectors in the region. AlShiaka now has 32 showrooms for retail purchasing and this has positioned the company’s market share within the top three among its competitors.

Sedco sees more global presence by 2025

At its annual "Multaqa Sedco 2015", Sedco Holding Group has unveiled its growth strategy for 2025 through expansion of its investment ventures across the globe. The event gathered the Group's upper management, the heads of its operating companies, CEOs and senior executives, management boards, their partners along with the administrative cadre. Under the theme "Imagine Our Future with Synergy", the Group's thrust for the next decade was laid down with emphasis on teamwork, creativity and professional excellence as key to continuous growth and achievement of defined goals as enshrined in the company's "six values".

SEDCO hosts Second Financial Dignity Summit at KAU

In celebration of Global Money Week (GMW), SEDCO Holding Group is organizing the Second Financial Dignity Summit under the theme — Money and business — on March 17, in King Abdulaziz University (KAU). The summit will encompass several activities around financial dignity to raise awareness about saving and budgeting. The week-long summit has already simultaneously begun on March 10, during GMW. The summit agenda includes presentations by local successful entrepreneurs. During the summit, 5 shortlisted candidates for the Riyali Young Entrepreneurs’ award will be presenting their projects for a chance to win a substantial financial prize.

SEDCO Holding Group’s Riyali Program to train 30,000 students in 2014

SEDCO Holding Group’s Riyali Financial Literacy Program has recently signed partnership agreements with the Noble Center for Comprehensive Development and Al-Andalus Al-Khadra Training Center to provide training workshops for university students, as well as, elementary and secondary school students. Under the agreement, each center will aim to train 15,000 male and female university students and elementary school students during 2014 with each center approaching various schools and universities to offer free Riyali courses to students. The program, launched in late 2012, aims to improve financial practices among Saudi youth and kids, such as in financial planning, budgeting, investing and borrowing.

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