Olayan Financing Company and IBM Consulting to implement next-generation SAP solutions

Dr. Fahd Nawwab, vice president, SAP Saudi Arabia and, right, Khaled AlOfaysan, head of IBM Consulting Saudi Arabia
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Updated 18 March 2025
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Olayan Financing Company and IBM Consulting to implement next-generation SAP solutions

Olayan Financing Company has partnered with IBM Consulting to execute a groundbreaking SAP digital transformation program, setting a new benchmark for innovation and operational excellence in the region. This ambitious initiative lays a solid foundation for Olayan Financing Company’s future growth, enabling streamlined management of its assets, diversified business lines, and expansive real estate portfolio.

The transformation program, which encompasses 41 legal entities, involved Olayan Financing Company’s migration from SAP ECC to SAP S/4HANA and the integration of SAP Ariba along with other advanced SAP solutions. IBM Consulting deployed its IMPACT accelerator and industry-leading SAP transformation methodologies, adhering to clean core principles to minimize customizations. This approach ensured that the tailored solution met both the strategic aspirations and operational requirements of Olayan Financing Company.

Highlighting the success of the partnership, Dr. Nabeel M. Al Amudi, CEO of Olayan Financing Company, remarked, “At Olayan Financing Company, we continuously strive to set new standards in operational efficiency and digital innovation. This partnership with IBM Consulting has enabled us to implement transformative technology that supports our strategic growth objectives, enhances our operational resilience, and aligns with our vision for sustainable and scalable success. We take pride in leading by example in adopting advanced technologies that redefine industry benchmarks in the region.”

Khaled Al Ofaysan, country head and managing partner for IBM Consulting in Saudi Arabia, stated: “We are delighted to have successfully partnered with Olayan Financing Company to realize their complex SAP transformation program in less than 12 months. This project highlights our proven expertise in delivering sophisticated SAP solutions with precision and efficiency, leveraging the latest SAP technology and a deep understanding of our client’s needs and strategic objectives.”

“Olayan Financing Company’s forward-thinking approach to modernizing its core technology infrastructure underscores its leadership among financing conglomerates. By investing in robust, scalable solutions and working with global consulting firms like IBM Consulting, OFC demonstrates a commitment to staying ahead of market changes and leveraging innovation for strategic growth. We at SAP are proud to support organizations like Olayan Financing Company as they set new standards for digital transformation in the Kingdom,” said Dr. Fahd Nawwab, vice president, SAP Saudi Arabia.


ALJ Motors champions Toyota SUVs’ off-road legacy

Updated 07 January 2026
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ALJ Motors champions Toyota SUVs’ off-road legacy

Abdul Latif Jameel Motors, the authorized distributor of Toyota vehicles in Saudi Arabia since 1955, has launched the second edition of its off-road initiative — an immersive driving experience designed to engage guests and showcase the real-world capabilities of Toyota’s SUV lineup in the Kingdom’s desert terrains. The activation takes place on weekends, starting initially in Riyadh and continuing through Jeddah, before concluding in Dammam on Jan. 24.
The multi-city activation is designed to engage guests through Toyota’s SUV lineup in fun and exciting ways, offering a hands-on opportunity to experience vehicle performance, control, and versatility. The lineup features a wide range of Toyota SUV models, including the Land Cruiser HEV Max, a hybrid vehicle built for performance. Beyond the off-road drives, the activation offers a welcoming weekend setting with supporting activities suitable for families and younger guests, creating a well-rounded experience for visitors of all ages.
Building on the success of its inaugural edition, which welcomed more than 4,500 participants and attracted over 10,000 attendees, the second edition continues to focus on meaningful guest engagement through interactive and experiential driving activities while emphasizing safety, trust, and enjoyment. Through this approach, ALJ Motors champions Toyota’s off-road legacy while creating an experience that further connects guests with Toyota’s renowned SUV lineup.
Shahad Nassier, managing director of marketing communications at ALJ Motors, said: “Following the strong response to the inaugural season, the return of this off-road experience allows us to continue engaging our guests in an authentic and exciting way. In this second edition, we have further refined the driving routes and elevated the overall experience to better serve our guests and their families. By bringing Toyota’s SUV lineup into real desert environments, we provide an opportunity for guests to experience vehicle performance firsthand, while reinforcing the values of reliability and capability that have long defined Toyota’s presence in the Kingdom.”
The experiential initiative deepens guest relationships, supports informed vehicle choice, and reflects ALJ Motors’ ongoing role in delivering reliable and diversified mobility solutions across the Kingdom, in line with Saudi Vision 2030. 
Guests interested in participating in the off-road experience can register for the upcoming activations in Jeddah on Jan. 9-10, followed by Dammam on Jan. 16-17 and 23-24, through ALJ Motors’ official social channels.