Tawal to revamp ICT infrastructure of Diplomatic Quarter

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Updated 13 July 2020
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Tawal to revamp ICT infrastructure of Diplomatic Quarter

The General Authority of the Diplomatic Quarter has recently partnered with integrated ICT Infrastructure service provider Tawal, for the development of the area’s telecommunication infrastructure. The strategic partnership is the first of its kind in Saudi Arabia through which Tawal will manage the ICT infrastructure and mobile network operators to fulfill the requirements of the Diplomatic Quarter (DQ). The agreement was signed by the CEO of the General Authority of the Diplomatic Quarter Dr. Fahad bin Hussein bin Mushayt and CEO of Tawal Mohammed bin Abdul Aziz Alhakbani. The signing was witnessed by several officials and company executives in accordance with agreed-upon precautionary health procedures.

Dr. bin Mushayt stressed the importance of the strategic agreement as an important step that will enable the authority to achieve its goals in developing the DQ into a model city that provides all modern technologies and smart services. He indicated that the agreement came as a result of the authority’s constant keenness to improve the services and facilities available to the neighborhood’s residents and visitors. Dr. bin Mushayt said the agreement is part of a comprehensive development plan that the authority has initiated in order to fulfill its role in representing the Kingdom among the most important regional and international commissions and organizations and in reflecting the best image of the DQ in particular, and the Kingdom in general.

Alhakbani said: “We are optimistic about joining hands with the General Authority of the Diplomatic Quarter for its transformation into a smart city and the role this project will have in paving the way for similar megaprojects in the Kingdom. This is a promising partnership and it will lead to a digital revamp of the area to become an ideal role model for the development of future smart cities, using the best technologies and smart services that rely on 5G technology. We are proud of this strategic partnership and the General Authority’s trust in Tawal’s capabilities to deliver the best innovative solutions that would cater to its needs.”

The agreement is a 10-year contract that is up for renewal. 


‘Wealth Grows Here’: Aljazira Bank launches new brand identity

Updated 23 December 2025
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‘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.