SABB supports UK-Saudi investment opportunities in renewable energy

Tony Cripps, CEO of Saudi British Bank.
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Updated 02 July 2022
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SABB supports UK-Saudi investment opportunities in renewable energy

The Saudi British Bank sponsored the UK-Saudi Renewable Energy Forum organized by the Saudi British Joint Business Council on June 28 in London.

The forum brought together a group of UK and Saudi ministers, senior government officials, businessmen and investors for a series of interactive talks and panels on investment opportunities in clean energy programs in the UK and Saudi Arabia.

The discussions focused on the vital role of green financing in assisting with the energy transition, opportunities for private sector participation in developing clean technologies, and promoting collective cooperation for a more sustainable future.

“We are honored to be a part of this incredibly important forum to explore the various opportunities for renewable energy collaboration between the two Kingdoms,” said SABB CEO Tony Cripps, during the forum’s discussion sessions. “We are proud of our role as a financial institution in the process of sustainable development led by the Kingdom’s Vision 2030.”

“At SABB, we are deeply committed to sustainability, and it is central to our strategy. We will do everything we can to support green initiatives to create a more sustainable future and achieve leadership in environmental, social, and corporate governance, and we are taking significant steps to lead in the Kingdom and the region as a whole.

“We have recently launched the first green deposit product in the region with HSBC Group. We have also acted as lead arrangers for the Red Sea giga-project financing, the first green loan in the Kingdom.

“In addition to our contribution to the Green Saudi Initiative, SABB is fully prepared to support sustainable development and the Kingdom’s Vision 2030,” Cripps added.

The forum follows the hugely successful Sustainable Investment Forum in London in July 2021, demonstrating the UK and Saudi Arabia’s growing commitment to investing in sustainable energy, combating climate change, and achieving zero-carbon emissions.

SABB is one of the leading banks in financial innovation, offering various products and services aimed at promoting digitization and innovation, in line with the Kingdom’s Vision 2030 initiatives.

The bank was established in 1978 as a Saudi joint stock company and is an associate company of the HSBC Group.

It offers integrated financial and banking services including retail banking, corporate banking, investment, private banking and treasury. SABB’s paid-up capital is SR20.5 billion ($5.46 billion).


Momcozy promotes maternal health education across Kingdom

Updated 58 min 22 sec ago
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Momcozy promotes maternal health education across Kingdom

Building on its global leadership in mother-centric innovation and breastfeeding solutions, Momcozy, the “world’s No.1 wearable breast pump,” has partnered with the Mabrook Initiative, one of Saudi Arabia’s largest maternal health education programs supported by the Ministry of Health and Riyadh Health, to enhance postnatal education and breastfeeding awareness inside hospitals across the country.

As one of the primary partners of the initiative, Momcozy brings global expertise in breastfeeding education and modern maternal care — trusted by millions of mothers across more than 60 countries — to enhance the initiative’s reach and impact across the Kingdom. Operating across more than 25 public and private hospitals in key regions, including Riyadh, the western region and the Eastern Province, the program reaches 200 mothers daily, more than 6,000 mothers monthly and nearly 72,000 mothers annually, covering about 15 percent of all births in Saudi Arabia annually. 

Through the partnership, Momcozy delivers professional health education inside participating hospitals, with a strong focus on breastfeeding awareness and practical breast pump guidance. This includes providing mothers with dedicated maternity packages that support them through the first days of postpartum with greater clarity and confidence. This educational support helps mothers overcome early breastfeeding challenges, adopt comfort-led pumping practices, and improve their breastfeeding experience, while also assisting hospital teams in delivering consistent, evidence-based guidance to families.

With a multi-city reach and a nationwide educational mandate, the Mabrook Initiative is establishing one of Saudi Arabia’s most scalable maternal support ecosystems by delivering structured, evidence-based guidance directly within hospitals. As part of these efforts, Momcozy contributes to advancing Vision 2030 health goals by supporting breastfeeding awareness and providing practical, evidence-based resources that help strengthen early maternal care across participating hospitals.

Lalaina Rabary, marketing manager at Momcozy, said: “We are proud to contribute to the Mabrook Initiative and to support mothers across Saudi Arabia during such an important stage of their journey. Through our educational materials and guidance, our goal is to ensure that every mother has access to comfort, knowledge, and confidence in the first days after childbirth. This partnership reflects our long-term commitment to maternal well-being and our support for the Kingdom’s Vision 2030 and its national health priorities.”

Momcozy KSA’s popular M9, M5, and M6 wearable breast pumps, widely used across Saudi Arabia, also play a role in this mission. Designed for convenience and flexibility, these hands-free models provide comfort-driven pumping that enables mothers to breastfeed with ease at home, at work, or on the move, reflecting Momcozy’s commitment to modern, accessible breastfeeding solutions.

Momcozy joined the program from its early stages and will continue supporting the initiative throughout its current cycle, which runs until 2026. This commitment reflects the brand’s dedication to empowering mothers beyond products by actively contributing to national health goals and strengthening the ecosystem for maternal and child well-being in Saudi Arabia. As the initiative grows, Momcozy plans to further expand its contributions in alignment with the needs of participating hospitals and families across the Kingdom.