Al-Rajhi

Inaugural Global Labor Market Conference to Return as Annual Gathering, Closes Successful Event with Remarks from Minister of Human Resources and Social Development

Retrieved on: 
Thursday, December 14, 2023

GLMC to return as annual event; annual Global Labor Market report to be published

Key Points: 
  • GLMC to return as annual event; annual Global Labor Market report to be published
    RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Following a successful two days, H.E.
  • Ahmad bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development of the Kingdom of Saudi Arabia closed the inaugural Global Labor Market Conference by reflecting on its success, and announcing GLMC will reconvene as an annual event.
  • Minister Al-Rajhi formally announced GLMC would return as an annual event, in addition to announcing the forthcoming publication of the first annual Global Labor Market report.
  • The day's announcement also emphasized GLMC's 'Work for All' track, through an MoU between the Saudi Ministry of Human Resources and Social Development and Riyad Bank, a GLMC Platinum Partner.

Inaugural Global Labor Market Conference to Return as Annual Gathering, Closes Successful Event with Remarks from Minister of Human Resources and Social Development

Retrieved on: 
Thursday, December 14, 2023

GLMC to return as annual event; annual Global Labor Market report to be published

Key Points: 
  • GLMC to return as annual event; annual Global Labor Market report to be published
    RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Following a successful two days, H.E.
  • Ahmad bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development of the Kingdom of Saudi Arabia closed the inaugural Global Labor Market Conference by reflecting on its success, and announcing GLMC will reconvene as an annual event.
  • Minister Al-Rajhi formally announced GLMC would return as an annual event, in addition to announcing the forthcoming publication of the first annual Global Labor Market report.
  • The day's announcement also emphasized GLMC's 'Work for All' track, through an MoU between the Saudi Ministry of Human Resources and Social Development and Riyad Bank, a GLMC Platinum Partner.

MoneyGram Launches Partnership with Al Rajhi Bank to Transform Saudi Arabia Cross-Border Payments Market

Retrieved on: 
Thursday, June 4, 2020

DALLAS, June 4, 2020 /PRNewswire/ -- MoneyGram International, Inc.(NASDAQ:MGI), a global leader in cross-border P2P payments and money transfers, today announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.

Key Points: 
  • DALLAS, June 4, 2020 /PRNewswire/ -- MoneyGram International, Inc.(NASDAQ:MGI), a global leader in cross-border P2P payments and money transfers, today announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.
  • All of these markets are key recipients of transfers from Saudi Arabia, and consumers will now benefit from this customer-centric integration with Al Rajhi Bank."
  • Abdullah Al-Furaiji, Al Rajhi Bank Head of Remittance and Exchange Business said, "Al Rajhi Bank is the market leader in the Kingdom, and customer centricity is at the heart of all we do.
  • "MoneyGram is delighted to partner with Al Rajhi Bank a bank with the leading digital and physical remittance network in Saudi Arabia," said Ahmed Aly, Head of Middle East for MoneyGram.

Dussur Appoints Dr. Raed Nasser AlRayes Chief Executive Officer

Retrieved on: 
Tuesday, April 9, 2019

RIYADH, Saudi Arabia, April 9, 2019 /PRNewswire/ -- Dussur, a strategic joint venture of the Public Investment Fund (PIF), Saudi Aramco and SABIC, announced today the appointment of Dr. Raed AlRayes as its new Chief Executive Officer with effect from April 1st, 2019.

Key Points: 
  • RIYADH, Saudi Arabia, April 9, 2019 /PRNewswire/ -- Dussur, a strategic joint venture of the Public Investment Fund (PIF), Saudi Aramco and SABIC, announced today the appointment of Dr. Raed AlRayes as its new Chief Executive Officer with effect from April 1st, 2019.
  • Dr. AlRayes has a proven track record of accomplishments in different professional capacities spanning nearly 20 years - with successful contributions across several fields including investment banking and direct investment.
  • On his appointment, Dr. AlRayes said, "I am grateful for the confidence bestowed upon me by Board and being selected to lead Dussur.
  • Dr Raed has held several leading positions in major companies in the Kingdom of Saudi Arabia, including the Deputy Chief Executive Officer and Head of Investment Banking at Al Rajhi Capital.