Sacoor Brothers and Majid Al Futtaim Fashion opened the first Sacoor Brothers boutique at Granada Mall in Riyadh on Nov. 17.
This new boutique, which is stated to reflect the brand’s philosophy of continuous improvement, offers the latest collections for both women and men.
The boutique, located on the ground floor of Granada Mall, is the first of four Saudi stores Majid Al Futtaim plans to open.
The upcoming locations include Hayat Mall and Panorama Mall, both in Riyadh, and Rashid Mall in Alkhobar. The children’s collection will also be available at Panorama and Rashid malls.
Rajiv Suri, CEO at Majid Al Futtaim Fashion, commented: “We are excited to continue Majid Al Futtaim Fashion’s growth by bringing Sacoor Brothers to Saudi Arabia for the first time. Given the brand’s massive success in the region, there has been much anticipation for Sacoor Brothers in Saudi Arabia since we announced the franchise in April.”
Sacoor Brothers has expanded beyond its native home of Portugal to becoming a truly international and cosmopolitan fashion brand with over 90 stores worldwide.
“We are excited to launch Sacoor Brothers in one of the most thriving countries in the world alongside Majid Al Futtaim. The Kingdom continues to be a leading market for retail and is one of the fastest growing markets globally” said Bart Denolf, CEO Franchise for Sacoor Brothers.
The brand continues to have current European Champion Cristiano Ronaldo as its global ambassador. A sneak peek of the fall/winter 2016 collection shows a celebration of the virtues of authenticity and originality. For the new season, Sacoor Brothers menswear line combines the nobility of woven wealth of details for each design.
The women’s suit collection follows mainly the Sacoor Bothers identity, slightly adjusting some details to the current trends, always with subtle feminine details.
Majid Al Futtaim opens Sacoor Brothers, first Saudi boutique
Majid Al Futtaim opens Sacoor Brothers, first Saudi boutique
‘Wealth Grows Here’: Aljazira Bank launches new brand identity
Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the bank into what it is today, with the new identity serving as the culmination of a strategic chapter that strengthened the bank’s role within the Saudi banking sector.
As part of this milestone, the new brand launch also extended to Aljazira Capital, the bank’s investment arm, reflecting a unified vision and strategic alignment across the group. The updated identity of Aljazira Capital underscored its evolution as a specialized investment and wealth management institution, focused on delivering carefully structured investment solutions and strengthening its role as a trusted partner in building and growing long-term investment portfolios, fully aligned with the bank’s broader direction.
The announcement also included the launch of the new identity for Fawri, aligning it with the bank’s updated brand and reflecting its commitment to delivering reliable and seamless financial transfers within an advanced and integrated financial ecosystem.
Naif bin Abdulkareem Al-Abdulkareem, CEO and managing director of Aljazira Bank, said: “The new brand identity goes beyond a visual change; it is a true reflection of what the bank has become today. Since the strategic refresh in 2023, we have restructured how we operate, aligned our business lines around a shared objective, and strengthened execution. The progress we see today, in service quality and speed of delivery — confirms that we are moving in the right direction.”
The new identity reflects the outcomes of the bank’s 2023 strategic transformation, a pivotal milestone in its journey. This phase focused on developing an integrated banking ecosystem with a stronger emphasis on individual wealth management, supported by a more agile and efficient operating model led by digital channels. It balanced sustainable growth with strengthening the corporate portfolio, accelerating investment in digital infrastructure and human capital, and enhancing operational efficiency.
Since its establishment, Aljazira Bank has progressed through successive stages of growth, evolving from a traditional bank into a more innovative and specialized financial institution. Today, it places wealth management at the core of its proposition, offering a banking experience built on long-term relationships and a deep understanding of clients’ financial aspirations. In parallel, the bank has continued to reinforce its role as a trusted partner to the business sector, serving large corporates as well as small and medium-sized enterprises through solutions that support growth, sustainability, and the Kingdom’s broader economic development goals.
At the heart of this direction stands the bank’s new slogan, “Wealth Grows Here,” which captures its role as a key partner in building and preserving wealth for individuals and businesses alike, creating sustainable value beyond the delivery of traditional banking services.
