RLC MENA 2020 Summit attracts big Saudi firms

A mall in Riyadh is home to a number of local and international retail brands. Local, regional and global leaders will convene in Riyadh to examine the strengths of the retail industry and economic growth opportunities within the sector across the region at the sixth edition of RLC MENA Summit in February.
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Updated 29 January 2020
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RLC MENA 2020 Summit attracts big Saudi firms

Dr. Majid bin Abdullah Al-Qassabi, minister of commerce and investment, will deliver the opening keynote at the Retail Leaders Circle (RLC) MENA 2020 Summit, taking place for the first time in Riyadh on Feb. 10 and 11.

“We bring together the brightest and most powerful industry leaders with expertise and insights that will inspire, challenge and encourage our delegation to navigate the evolving future retail and consumer landscape,” said Panos Linardos, RLC chairman. “Such a distinguished roster of speakers reflects our aspiration to further cement Retail Leaders Circle’s status as the most significant regional industry meeting for partnership and growth development.”

Held under the patronage of Al-Qassabi and in partnership with Invest Saudi, local, regional and international leaders will convene in Riyadh to examine the strengths of the retail industry and economic growth opportunities within the sector across the region at the sixth edition of RLC MENA Summit.

Al-Qassabi will take the stage at 9 a.m. on the first day of RLC MENA to discuss the Kingdom’s plans to become a leading business, investment and retail destination, in line with Vision 2030 goals to diversify the economy, prioritize ease of doing business and attract direct and value-added foreign investments.

Headline speakers at the summit include: Ahmed Al-Hakbani, governor of Saudi Customs Authority; Mohammed Alshaya, executive chairman of M.H. Alshaya Co.; Muhammad Alagil, chairman of Jarir Investment; Omar Almohammady, group CEO of Fawaz Al-Hokair Group; Patrick Chalhoub, CEO of Chalhoub Group; Dr. Bander Talaat Hamooh, CEO of Panda Retail Company; Nisreen Shocair, group CEO for the Middle East, Yoox Net-A-Porter; Ahmad AR BinDawood, CEO of Danube and BinDawood, Bindawood Holding; Faraz Khalid, CEO of Noon; Nilesh Ved, chairman and CEO of Apparel Group; Turki Al-Sadhan, CEO of SPAR Saudi; and Selim Chidiac, CEO of L’Ázurde.

“As we look to shape new frontiers, SAGIA is proud to announce our partnership with the Retail Leaders Circle, having successfully attracted the MENA edition to Riyadh for the first time,” said SAGIA Governor Ibrahim Al-Omar.

“Hosting one of the retail industry’s biggest global summits begins an exciting year of events in the Kingdom which culminates with the G20 summit in November. Furthermore, this event marks the beginning of many future endeavors led by the Invest Saudi national investment brand in line with Saudi Arabia’s G20 presidency, as we continue to promote the rich investment opportunities the Kingdom has to offer,” he added. 

“Technology is transforming the retail sector across the world and Saudi Arabia is no exception to this trend. At the same time, the emergence of a young, affluent population at a time of rapid social change is creating exciting growth opportunities in the Kingdom. We look forward to partnering with the Retail Leaders Circle to address these challenges and identify new ways for retailers to access the opportunities in Saudi Arabia and across the wider region, while highlighting the greater role of the retail industry in our constantly growing economy,” Al-Omar said.


PwC Middle East and Sirar by stc’s CISO500 program advances cyber leadership

Updated 15 February 2026
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PwC Middle East and Sirar by stc’s CISO500 program advances cyber leadership

The fifth edition of the CISO500 program ran from Feb. 8-12. Delivered in partnership between PwC Middle East and Sirar by stc, the program featured five intensive days of rich discussions and hands-on practical experiences, aimed at strengthening leadership capabilities in cybersecurity and keeping pace with rapid technological transformation.

The program is designed to develop the capabilities of executive cybersecurity leaders and enhance their strategic role in supporting organizations’ digital transformation. It equips participants to address contemporary challenges in the cyber landscape and expand their influence within decision-making ecosystems.

Yasser Al-Swailem, CEO of Sirar by stc, said that the program represents an important step toward strengthening the readiness of cyber leaders in the region. He noted that the CISO500 program is a fundamental pillar in the journey toward building a secure and trusted Saudi cyberspace aligned with national ambitions. He added that investing in national cybersecurity leadership is no longer optional but a strategic necessity for ensuring sustainable digital development. The program reflects a commitment to empowering national talent to lead the digital security landscape according to the highest global standards.

He further emphasized that such initiatives contribute to strengthening digital security ecosystems and enabling organizations to confidently and sustainably address future challenges.

Samer Omar, cybersecurity and digital trust leader at PwC Middle East, added: “CISO500 is a long-term investment in Saudi leadership. Over the past year, we’ve seen how bringing together senior Saudi cybersecurity professionals in a structured executive environment accelerates capability, builds confidence and deepens collaboration. As the program enters its second year, our focus remains on equipping Saudi CISOs with the strategic perspective and technical depth required to secure the Kingdom’s digital ambitions.”

The program addressed a range of advanced topics, including common cyber transformation pitfalls, mechanisms for securing enterprise digital transformation, and cybersecurity budgeting and financial governance. These topics enhanced leaders’ ability to translate cyber risks and security investments into financial indicators that support executive decision-making.

It also covered the latest technological developments, particularly artificial intelligence, emerging technologies, quantum computing, and the protection of critical and operational infrastructure. Emphasis was placed on the importance of security governance for AI technologies and strengthening enterprise-wide risk management perspectives associated with them.

The program adopted an interactive learning methodology combining strategic discussions, collaborative work, and creative practical exercises, contributing to a deeper understanding of concepts and enabling their translation into applicable organizational practices.

Abdullah Al-Asmari, global cybersecurity director at the Saudi Research and Media Group and one of the program participants, said that the experience added significant strategic and practical value: “The program provided a rich experience that strengthened the leadership perspective of cybersecurity, particularly in linking technical practices with strategic and financial dimensions within the organization. It also offered valuable space for exchanging expertise on emerging technologies such as AI and quantum computing, and the challenges of securing critical infrastructure. This experience enhances cyber leaders’ ability to adopt a more influential role in supporting digital transformation and enabling decision-making based on a comprehensive understanding of risk and value.”

He added that the program facilitated the exchange of insights on emerging challenges and strengthened the ability to align cybersecurity with institutional objectives and executive decision requirements.

Participants said that the program constituted a valuable professional and knowledge-driven experience that enhanced the readiness of cyber leaders to keep pace with rapid digital transformation, reinforcing cybersecurity’s role as a strategic enabler that supports innovation while preserving business trust, reliability, and sustainability.