Emirates NBD KSA has received an approval from Saudi Arabian Monetary Agency (SAMA) to open three new branches in Riyadh, Jeddah and Alkhobar, in addition to its Riyadh main branch.
Loai Abduljawad, CEO of Emirates NBD KSA, said: “We would like to give our deepest thanks and appreciation to our great leaders in Saudi Arabia, the minister of finance and the governor of SAMA for their efforts and support in providing their approval for the opening of the three new branches of Emirates NBD in Saudi Arabia.”
He added: “This approval enhances the strategic plan for Emirates NBD that aims to expand and offer exceptional opportunities and chances in this amazing economic growth in the Kingdom.”
The new branches of Emirates NBD KSA will have the new banking technology. This is to ensure a distinct level of services and products, in addition to the ability to facilitate customer access to their accounts in any branch in Saudi Arabia by electronically linking all branches across the Kingdom.
Given that the branches will be the bank’s main points of contact with clients, Emirates NBD KSA has chosen locations depending on the population density, the expected volume of business and the area needs based on customer thresholds.
Emirates NBD opens new branches in Saudi Arabia
Emirates NBD opens new branches in Saudi Arabia
Schneider Electric launches academy in Saudi Arabia to build future-ready talent
Schneider Electric has announced the launch of the Energy Tech Academy Middle East and Africa in Saudi Arabia, a regional capability platform dedicated to skilling, upskilling, and knowledge sharing.
The launch comes at a critical moment as the Kingdom accelerates energy transition, industrial localization, and human capability development under Vision 2030. The academy reinforces the Kingdom’s leadership role in building future-ready talent while supporting industrial and energy transformation across the wider Middle East and Africa region.
The Energy Tech Academy Middle East and Africa is not a traditional training center; it is a regional platform translating Schneider Electric’s global energy technology expertise into applied capability for Saudi Arabia and the broader region. Anchored in Riyadh, the academy is designed to serve as a benchmark for skills development and enablement across the MEA.
The launch reflects Schneider Electric’s long-term commitment to investing in people and capabilities, and to supporting national priorities across energy, industry, and digital infrastructure.
Mohamed Shaheen, cluster president of Schneider Electric Saudi Arabia and Yemen, said: “This launch reflects our long-term commitment to Saudi Arabia and to building capability that lasts. After more than 40 years in the Kingdom, we continue to invest where impact matters most: in people. Launching the Energy Tech Academy Middle East and Africa from Riyadh underscores our belief that sustainable transformation is built on local capability and trusted partnerships.”
The academy directly supports Saudi Arabia’s focus on human capability development, localization, and Saudi-made outcomes by enabling the skills behind advanced energy systems, industrial automation, and digital infrastructure. Capabilities developed through the academy will support Saudi manufacturing, national projects, and resilient supply chains, while also strengthening regional industrial ecosystems.
“The Energy Tech Academy Middle East and Africa is designed to enable real outcomes,” said Walid Sheta, zone president for the MEA at Schneider Electric. “By equipping talent with future-ready skills across electrification, automation, and digital intelligence, we are strengthening Saudi and regional capability to design, operate, and lead the energy and industrial systems of the future.”
The launch event in Riyadh brought together senior government representatives, industry partners, customers, and Schneider Electric’s leadership, highlighting the importance of cross-sector collaboration in aligning education, skills development, and labor market needs.
Designed as a long-term platform, the Energy Tech Academy Middle East and Africa will continue to evolve through partnerships, programs, and continuous capability development, reinforcing Saudi Arabia’s role as a regional hub for skills, knowledge, and industrial enablement.
