Latest news with #Juffali
Bloomberg
4 days ago
- Business
- Bloomberg
Saudi Dynasty's Family Office Rehires Executive Who Left in 2024
An investment firm for the dynasty behind one of the Middle East's biggest conglomerates has rehired a longtime executive less than 18 months after he exited to manage money for another super-rich family. Alexander Godwin returned this year to Hasma Capital, the family office for Saudi Arabia's billionaire Juffali clan, in a London-based director role, according to UK registry filings. The 44-year-old, who now lists his position as Hasma's chief investment strategist, left the firm last year for a similar job at Misland Capital, which oversees assets for the descendants of British-born investor Peter Green, the filings show.
Zawya
09-07-2025
- Automotive
- Zawya
Juffali Automotive and Saudi Fashion Commission hosts creative design workshops at the Centre of Tomorrow
Riyadh, Saudi Arabia – As part of its ongoing commitment to nurturing local talent and supporting the creative industries in the Kingdom, Juffali Automotive Company, the exclusive general distributor of Mercedes-Benz in Saudi Arabia, has partnered with the Saudi Fashion Commission and Savannah College of Art and Design (SCAD) School of Fashion to drive a creative design initiative. The initiative featured two dynamic design-focused workshops, hosted at Juffali's flagship Centre of Tomorrow Mercedes-Benz showroom in Riyadh, in June 2025. The initiative brought together two programs that place creativity, craftsmanship, and innovation at their core, featuring The Sneaker Design – 360 Workshop and The Fabric of Creation, led by faculty from the Savannah College of Art and Design's (SCAD) School of Fashion. Throughout the workshop period, over 60 young Saudi creatives participated in immersive 5-hour sessions that combined conceptual exploration with hands-on design, culminating in a closing ceremony and certification day to celebrate their accomplishments. This collaboration underscores a shared belief between Juffali, the Fashion Commission, and Mercedes-Benz that design is not merely an academic discipline or profession, but a language that shapes our daily lives, how we move, dress, and express our identity. Chenghez Khan, CEO of Juffali Automotive, stated, "Design and creativity have always been integral to our values, not only in the cars we represent but also in the culture we strive to foster one that values creative imagination, excellence, and local talent. Supporting initiatives like these is a natural extension of who we are and what we stand for." Burak Çakmak, CEO of the Saudi Fashion Commission, also stated, "The Fashion Commission is proud to launch two programs aimed at empowering Saudi designers by providing them with an educational environment that integrates creativity with innovation, contributing to the growth of the national fashion ecosystem on a global scale." The Centre of Tomorrow, launched last year in Riyadh, is not only the largest Mercedes-Benz dealership in the Kingdom, but also a space designed to engage and inspire. Designed in line with the brand's global flagship showroom language, it serves as a modern environment where innovation, experience, and community converge. Aligned with Saudi Vision 2030 and its focus on developing the creative economy and empowering youth, this initiative exemplifies Juffali's growing role in helping shape the cultural and professional landscape of the Kingdom. Through partnerships like this, Juffali Automotive continues to invest in platforms that elevate local voices and celebrate the intersection of design, technology, and opportunity. About Juffali Automotive Company: Juffali Automotive Company has been the general distributor for Mercedes-Benz in Saudi Arabia since 1954. JACO is dedicated to providing exceptional service and fostering lasting customer relationships. JACO also welcomes its customers to Mercedes-Benz showrooms in Riyadh, Jeddah, Dammam, and Juffali Automotive Company also operates an extensive network of service and spare parts centres throughout Saudi Arabia. About the Fashion Commission: Established in 2020, the Fashion Commission leads the development of the fashion sector in the Kingdom. By driving investment and building robust regulatory frameworks, the Commission supports the next generation of Saudi fashion talents as they aspire to reach their full potential. It empowers the sector while preserving the Kingdom's rich fashion heritage and enabling Saudi designers to thrive. In collaboration with the Ministry of Culture, the Commission works to unlock a vibrant cultural sector that both preserves and elevates the traditions that make the Kingdom unique. About SCAD: The Savannah College of Art and Design (SCAD) is one of the world's leading universities specializing in creative arts and design. SCAD is a private, nonprofit, and accredited university offering more than 100 undergraduate and graduate degree programs across its locations in Atlanta and Savannah, Georgia, and Lacoste, France, in addition to online learning through the SCADnow platform. The university is home to more than 18,500 undergraduate and graduate students from over 110 countries worldwide.
Arab Times
03-06-2025
- Business
- Arab Times
Eid market oversight intensifies
KUWAIT CITY, June 3: The Ministry of Commerce and Industry affirmed the availability of a sufficient number of sacrificial animals of various types, sizes, and prices in the markets to meet the demands of citizens and residents during Eid al-Adha. Director of the Department of Commercial Control and Consumer Protection Faisal Al-Ansari said the department's emergency teams conducted intensive market campaigns to monitor prices and ensure the availability of adequate quantities of sacrificial animals. He explained that field monitoring revealed the availability of adequate quantities of imported sacrificial animals. The price of a 40-kilogram Juffali sheep ranges between KD 95 and KD 120, a 50-kilogram Syrian sheep between KD 125 and KD 140, a 30-kilogram Somali sheep between KD 45 and KD 55, and a 45-kilogram Jordanian sheep between KD 100 and KD 115. Such inspection campaigns would continue in all markets before, during, and after Eid al-Adha, in cooperation with imported sheep traders, to ensure sufficient meat quantities are available at affordable prices. Al-Ansari indicated that a comprehensive plan has been developed to survey central and subsidiary markets, including meat, sweets, fruits, dates, and other shops, to ensure vendors comply with the Ministry of Commerce and Industry's regulations and requirements. He commended the efforts of the Coast Guard and the Customs in facilitating the release of shipments arriving from neighboring countries by sea.
Arab News
30-04-2025
- Automotive
- Arab News
Bosch and Juffali celebrate 60 years of partnership
Bosch, a supplier of solutions and services, commemorated its more than 60-year relationship with Juffali Co., one of Saudi Arabia's largest commercial enterprises. For more than six decades, Juffali has been the representative of Bosch's automotive aftermarket and power tools business in Saudi Arabia. This milestone was marked at Juffali's headquarters, with attendees from both organizations, including Khaled Juffali, chairman of Juffali Co.; Per Johansson, vice president and board member of Bosch Middle East; and Haneen Al-Saleh, managing director at Bosch Saudi Arabia regional headquarters. Speaking on this long-standing partnership, Johansson emphasized the mutual trust, shared values, and strong cooperation that have strengthened Bosch and Juffali's relationship over the past six decades. 'As we recognize our partnership with Juffali, I am happy about our ongoing successful collaboration and joint accomplishments. This enduring relationship enabled us to deliver innovative solutions to our customers following our company's claim 'Invented for life.'' Al-Saleh added: 'The 60-year partnership with Juffali underlines our strong collaboration and commitment to progress. By combining our strengths, we continue to support Saudi Arabia's industrial growth and contribute to the realization of Vision 2030.' 'We at Juffali are committed to supporting Saudi Arabia's Vision 2030, which aims to diversify the economy and foster growth across various sectors. Our collaboration contributes to key aspects of the vision, including infrastructure development, industrial expansion, and technological innovation. We aim to continue building on our successful history and delivering value to our customers in the Kingdom,' said chairman Juffali. The ceremony was also attended by notable figures, including Ali Dulaim, group CEO of Juffali Co.; Dana Juffali, board member of Juffali Co.; Husni Rifai, CEO of JTECO; Faisal Charara, group CFO of Juffali Co.; and Mate Muskat, CFO of Bosch Group Middle East. With more than 12 million vehicles in Saudi Arabia, the demand for repairs and replacement parts is booming. This surge has fostered the growth of independent garages and service chains offering cost-effective alternatives. Additionally, e-commerce platforms specializing in automotive parts are revolutionizing distribution channels, thereby enhancing consumer access to an extensive range of products. Bosch has successfully introduced state-of-the-art technologies and premium components, such as advanced engine parts and diagnostic tools. Together with Juffali, investments in technician training have equipped workshops with the skills needed for modern vehicles, particularly as automotive technology continues to advance. The partnership also supports independent workshops through the Bosch Car Service Concept, contributing to a stronger automotive repair infrastructure in the Kingdom. Saudi Arabia's ambitious Vision 2030 and significant investments in giga-projects have fueled unprecedented growth in the construction sector. With large-scale developments reshaping the nation's infrastructure, the demand for high-performance tools is at an all-time high. Bosch's professional power tools and accessories are essential in driving efficiency and precision across these transformative projects. Bosch Middle East and Juffali earlier this year expanded their long-standing partnership into the home appliances industry through a strategic distribution agreement between Juffali Home Appliances and BSH Middle East. This alliance will grow the presence of Bosch home appliances across Saudi Arabia.
Al Bawaba
30-04-2025
- Automotive
- Al Bawaba
Bosch and Juffali celebrate 60 years of collaboration
Bosch, a leading supplier of solutions and services, commemorates its more than 60-year relationship with Juffali Co., one of Saudi Arabia's largest commercial enterprises. For more than six decades, Juffali has been the representative of Bosch's automotive aftermarket and power tools business in Saudi Arabia. This milestone was marked at Juffali's headquarters, with attendees from both organizations, including Khaled Juffali, Chairman of Juffali Co.; Per Johansson, Vice President and Board Member of Bosch Middle East and Haneen Al Saleh, Managing Director at Bosch Saudi Arabia Regional Headquarters. Speaking on this long-standing partnership, Per Johansson, Vice President and Board Member of Bosch Middle East, emphasised the mutual trust, shared values, and strong cooperation that have strengthened Bosch and Juffali's relationship over the past six decades. 'As we recognize our partnership with Juffali, I am happy about our ongoing successful collaboration and joint accomplishments. This enduring relationship enabled us to deliver innovative solutions to our customers following our company's claim 'Invented for life'.' Haneen Al Saleh Bassam, Managing Director at Bosch Saudi Arabia Regional Headquarters, also shared her thoughts on the partnership, stating, 'The 60-year partnership with Juffali underlines our strong collaboration and commitment to progress. By combining our strengths, we continue to support Saudi Arabia's industrial growth and contribute to the realization of Vision 2030.' 'We at Juffali are committed to supporting Saudi Arabia's Vision 2030, which aims to diversify the economy and foster growth across various sectors. Our collaboration contributes to key aspects of the Vision, including infrastructure development, industrial expansion, and technological innovation. We aim to continue building on our successful history and delivering value to our customers in the Kingdom,' said Khaled Juffali, Chairman of Juffali Co. The ceremony was also attended by notable figures, including Ali Dulaim, Group CEO of Juffali Co.; Dana Juffali, Board Member of Juffali Co.; Husni Rifai, CEO of JTECO; Faisal Charara, Group CFO of Juffali Co.; and Mate Muskat, CFO of Bosch Group Middle East. Fastest growing automotive aftermarket business in Saudi Arabia With over 12 million vehicles in Saudi, the demand for repairs and replacement parts is booming. This surge has fostered the growth of independent garages and service chains offering cost-effective alternatives. Additionally, e-commerce platforms specializing in automotive parts are revolutionizing distribution channels, thereby enhancing consumer access to an extensive range of products. Bosch has successfully introduced state-of-the-art technologies and premium components, such as advanced engine parts and diagnostic tools. Together with Juffali, investments in technician training have equipped workshops with the skills needed for modern vehicles, particularly as automotive technology continues to advance. The partnership also supports independent workshops through the Bosch Car Service Concept, contributing to a stronger automotive repair infrastructure in the Kingdom. Fostering growth through professional power tools and accessoriesSaudi Arabia's ambitious Vision 2030 and significant investments in giga projects have fueled unprecedented growth in the construction sector. With large-scale developments reshaping the nation's infrastructure, the demand for high-performance tools is at an all-time high. Bosch's professional power tools and accessories are essential in driving efficiency and precision across these transformative projects. Building on a legacy of trust and collaboration, Bosch Middle East and Juffali earlier this year expanded their long-standing partnership into the home appliances industry through a strategic distribution agreement between Juffali Home Appliances and BSH Middle East. This alliance aims to grow the presence of Bosch Home Appliances across Saudi Arabia.
