Crate & Barrel and CB2 flagship stores open in Jeddah

CB2’s Jeddah store offers a unique selection of furniture and décor.
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Updated 02 March 2024
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Crate & Barrel and CB2 flagship stores open in Jeddah

Majid Al-Futtaim Lifestyle, a leader in lifestyle retail across the GCC, has announced the opening of Crate and Barrel and CB2 in Red Sea Mall, Jeddah, marking the first side-by-side store for the sister brands outside the US. Connecting customers to designers worldwide, the stores are set to provide dynamic collections curated for Jeddah residents, featuring indoor and outdoor furniture, tableware, kitchenware, décor, accessories, rugs, and bed and bath items.

The openings mark the second store for both Crate and Barrel and CB2 in the Kingdom, following the success of the Riyadh-based stores, which saw a 27 percent growth since opening in 2022. The regional expansion is a continuation of the upward growth trajectory initiated by the brands’ partnership with Majid Al-Futtaim Lifestyle, which launched in 2017 and also includes three Crate and Barrel stores and the region’s first CB2 store in the UAE.

Fahed Ghanim, CEO of Majid Al-Futtaim Lifestyle, said: “We are thrilled to open our second stores for Crate and Barrel and CB2 in Saudi Arabia and bring these world-class brands to Jeddah residents. This move represents a significant milestone in our journey as we continue to elevate our home category across the region.

“The dual openings also underscore our commitment to expansion into the Kingdom, ensuring that our valued customers in Saudi Arabia have access to globally sought-after brands and the latest design trends.”

Renowned globally for its modern furniture, textiles, kitchenware, and home decor, Crate and Barrel offers exclusive designer collaborations with Jake Arnold, Leanne Ford, Athena Calderone and Molly Baz. The new 1,400-square-meter Jeddah store has a dedicated space for Crate and Kids, showcasing children’s decor, toys, furniture, accessories, and bed and bath items.

Meanwhile, CB2’s 630-square-meter store invites customers to explore collections featuring design-forward collaborations with designers such as Gianfranco Frattini and Lawson-Fenning, as well as a seasonal assortment of CB2 exclusives.

Sarah Sullivan, senior director of international operations at Crate and Barrel Holdings, said: “As we celebrate the grand opening of the Crate and Barrel and CB2 stores in Jeddah, we are delighted to see a growing demand for our brands in the region, a testament to the successful partnership with Majid Al-Futtaim Lifestyle.”

We look forward to curating inspiring spaces for Jeddah residents, introducing exclusive collaborations, and weaving our brands into the fabric of the community.”

Both brands also provide an online shopping option through local platforms.


‘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.