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In furtherance of the company's expansionist vision and strategy
17/08/2022

In furtherance of the company's expansionist vision and strategy

Al-Othaim Investment and The Saudi Investment Bank discuss prospects for joint cooperation
Mr. Abdullah bin Saleh Al-Othaim, Chairman of the Board of Directors of Abdullah Al-Othaim Investment Company, valued the role played by the Saudi Investment Bank in the financial and banking sector and the integrated banking products and services that it provides for companies and individuals.


This came during a meeting with the bank's delegation led by Mr. Faisal Abdullah Al-Omran, CEO, and Mr. Khaled Al-Rayes, CEO of the Investment Company for Securities and Brokerage "Istithmar Capital".


During the meeting, they discussed prospects for joint cooperation in light of the development renaissance and important economic transformations the Kingdom is witnessing in line with Vision 2030 and its objectives in developing the financial and banking sector and increasing its effectiveness in supporting and developing the national economy and enhancing its diversity and sustainability.


For his part, Mr. Mishaal bin Omaira, CEO of Al-Othaim Investment Group, expressed his happiness at the meeting, which was fruitful and useful, and witnessed the presentation of many constructive ideas, opening up wider horizons for joint cooperation between financial institutions and the private sector, and interest in building smart partnerships that serve all parties.


Bin Omairah said: The great transformation witnessed by Abdullah Al-Othaim Investment Company and the tendency to build smart and strategic partnerships with national companies, especially financial institutions; In order to enhance the contributions of the private sector in supporting the comprehensive development process witnessed by the Kingdom, referring in this regard to the vision and expansion plan of the company, which aims to add 20 new commercial complexes.