Riyadh Mayor Abdullah Al-Muqbil has honored the National Commercial Bank (NCB) for supporting the third Saudi Forum for Green Building, which was held in the capital city with the support of Municipal and Rural Affairs Minister Prince Mansour bin Miteb.
Hosam Al-Yousof, SVP and chief of staff of the bank, received the honor and thanked the mayor for the gesture.
NCB supported the forum because of its keenness toward environmental and social sustainability and the importance of participating in activities that would have direct impact on the environment and society.
Understanding the importance of rationalizing the use of energy and water of a sustainable environment, the NCB has adopted a five-year policy to reduce the use of energy and water in all its buildings and branches.
The NCB is one of the pioneering Saudi companies and the first financial organization in the MENA to issue a report on sustainability, which has been approved by the Global Reporting Initiative.The forum discussed how to strengthen the Saudi green building sector and promote investment in the sector in order to achieve an environmental balance.
Riyadh mayor honors NCB
Riyadh mayor honors NCB
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
