Beijing to host New Economy Forum in November

Updated 21 May 2019
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Beijing to host New Economy Forum in November

Bloomberg and the China Center for International Economic Exchanges has announced that the 2019 New Economy Forum will be held in Beijing from Nov. 20 to 22 on the shores of Yanqi Lake, looking out at the Great Wall. Nearly 500 of the world’s most influential business executives, technology innovators, government officials, experts and academics from over 60 countries and regions will gather in Beijing to propose solutions to the massive disruption that is occurring, as the balance of global economic power shifts toward the Asia Pacific. 

These include Michael R. Bloomberg, Dr. Henry A. Kissinger, Bill Gates, Zeng Peiyan, Condoleezza Rice, Strive Masiyiwa, Jack Ma, Lawrence H. Summers and Lubna Al-Olayan from Saudi Arabia

Launched in 2018 by Bloomberg, the New Economy Forum is committed to promoting the smooth transition from the old economy — one based on labor-intensive manufacturing and trade in goods — to a new one focused on industrial automation, digital services and exchanges of data. 

“We are experiencing a period of profound change in the world, where new economic centers are emerging, new trading alliances are being formed and new technologies are upending industries,” said Bloomberg. “The New Economy Forum will address these seismic shifts through high-level and frank dialogue, while also fostering private-public collaboration. China is an integral part of these discussions, and the New Economy Forum will bring leaders there from around the world to tackle common challenges and advance our shared interests”


Petromin Nissan celebrates decade of partnership excellence in Kingdom

Updated 28 January 2026
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Petromin Nissan celebrates decade of partnership excellence in Kingdom

Petromin Nissan recently hosted an event to celebrate 10 years of partnership with Nissan, marking a decade since Petromin was appointed as the official Nissan dealer in Saudi Arabia. The milestone reflects a partnership shaped by trust, consistent performance, and a shared long-term vision that has played a meaningful role in the development of the automotive sector in the Kingdom.

The event highlighted Petromin Nissan’s continued confidence in the Saudi market, demonstrated by the attendance of senior leadership from Nissan Global, the Middle East, and Saudi Arabia. The Kingdom was reaffirmed as one of Nissan’s most important growth markets in the region, in line with the company’s global focus on innovation, sustainability, and intelligent mobility.

The celebration was attended by a number of senior industry and business leaders, including Sheikh Amr Al-Dabbagh, chairman and CEO of Al-Dabbagh Group, reflecting the significance of the partnership and its broader impact on the Kingdom’s automotive and business landscape.

As part of its performance over the past year, Petromin Nissan had been awarded two Awards of Excellence from Nissan Global, recognizing operational strength and overall business performance, and reinforcing its standing as one of Nissan’s leading partners worldwide.

Paddy Magee, managing director of Petromin Nissan, said: “Over the past 10 years, Petromin’s priority has been to build a business that puts the customer first while fully reflecting Nissan’s global standards. Through expanding our network, strengthening our service capabilities, and investing in our people, we have focused on creating sustainable value for the Saudi market.”

Adib Takieddine, managing director of Nissan Saudi Arabia, said: “Saudi Arabia continues to be a strategic market for Nissan. Our partnership with Petromin has been instrumental in strengthening our presence in the Kingdom, supporting growth, enhancing customer satisfaction, and advancing our long-term vision for mobility in alignment with Vision 2030.”

Over the decade, Petromin Nissan significantly expanded its footprint across the Kingdom, now operating 18 showrooms and 16 service centers in 11 cities, improving accessibility and delivering a more seamless customer experience nationwide.

Reflecting on the broader partnership, Terence Byrne, CEO of National Motor Company, said: “Reaching this milestone is a clear reflection of a partnership built on shared values and long-term commitment. Petromin Nissan has established a strong platform in Saudi Arabia and continues to deliver real impact for customers and the wider automotive ecosystem.”

Looking ahead, Petromin Nissan reaffirmed its long-term commitment to the Saudi market, with continued focus on innovation, sustainability, digital transformation, and customer-centric mobility as the partnership moves into its next phase.