Startup of the Week: Hejar; Reinventing jewelry for men

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Updated 09 March 2021
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Startup of the Week: Hejar; Reinventing jewelry for men

  • Hejar focuses on the quality, simplicity and uniqueness of its designs

JEDDAH: Since time immemorial, men and women have used different grooming methods and accessories to enhance their appearance — whether through clothing, the use of oils and perfumes, or jewelry.

For much time, however, most fashion brands have focused only on products for women, but this is changing. Now, various fashion houses, large and small, are launching a wide range of products to cater to men.

Hejar is one of those brands. It specializes in creating unique jewelry, including rings and bracelets, for men.

Odai Rajeh, owner of the brand, said this has always been his passion. “I myself am fond of wearing bracelets and rings. There are many brands that sell these accessories, so I thought to myself: Why not create and design my own?”

Hejar focuses on the quality, simplicity and uniqueness of its designs.

The products are designed in a few steps. The team seeks inspiration and then experiments with with colors, styles and materials.

“Lastly, we follow our marketing strategy to position the product correctly and sell it through our website,” he said.

Rejah said it can be challenging to find the right product to suit customers’ tastes. “It’s a long story with many ups and downs, but the journey that led us to where we are today is something I could never forget.”

The reactions of people have been heartwarming, Rejah said. Aside from product design and quality, his clients appreciate Hejar’s customer care service and speedy delivery.

Rejah said: “Customer service has been the key distinguishing feature for our business.”

Those interested in Hejar can visit www.hejarofficial.com or follow the brand on Instagram @hejarofficial. 


Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

Updated 02 February 2026
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Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09.

The total trading turnover of the benchmark index was SR5.85 billion ($1.56 billion), as 207 of the listed stocks advanced, while 55 retreated.

The MSCI Tadawul Index increased, up 21.20 points or 1.41 percent, to close at 1,524.18.

The Kingdom’s parallel market Nomu gained 278.13 points, or 1.17 percent, to close at 24,013.03. This comes as 43 of the listed stocks advanced, while 29 retreated.

The best-performing stock was Saudi Pharmaceutical Industries and Medical Appliances Corp., with its share price surging by 7.26 percent to SR28.94.

Other top performers included Rasan Information Technology Co., which saw its share price rise by 6.51 percent to SR144, and Knowledge Economic City, which saw a 6.25 percent increase to SR13.09.

On the downside, the worst performer of the day was Najran Cement Co., whose share price fell by 2.11 percent to SR6.49.

Almasane Alkobra Mining Co. and Saudi Cable Co. also saw declines, with their shares dropping by 2 percent and 1.88 percent to SR103.10 and SR166.80, respectively.

On the announcement front, Riyad Bank has announced its annual financial results for 2025, with the total income from special commission of financing reaching SR24.1 billion, while net income from special commission of financing amounted to SR12 billion.

In a statement on Tadawul, the bank said: “Net income increased by 11.7 percent mainly due to an increase in total operating income and a decrease in total operating expenses.”

The bank further noted that the rise in total operating income was primarily driven by increased revenue from fees and commissions, trading activities, special commissions, gains on non-trading investments, and other operating sources. This growth was partially tempered by declines in exchange and dividend income.

“Net provision of expected credit losses and other losses decreased by 15.8 percent due to a decrease in impairment charge of credit losses and impairment charge for other financial assets, partially offset by an increase in impairment charge for investments,” it added.

RIBL’s share price closed at SR18.18 on the main market, marking a 1.43 percent increase.