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Sahm App Celebrates 1st Anniversary and 1 Million Users with Exclusive Workshop in Riyadh

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Riyadh, Saudi Arabia – January 13th, 2025 – Sahm App, the first all-in-one online trading platform in Saudi Arabia, celebrated a significant milestone with its users at a highly anticipated workshop in Riyadh. The event marked Sahm App’s remarkable achievement of surpassing 1 million users within just one year of its launch. The workshop provided an opportunity for investing influencers, users, and Sahm App developers to share insights, forge valuable connections, and grow together.

During the workshop, Sahm Capital’s General Manager, Hadeel Bedeeri, delivered an inspiring presentation, reflecting on the app’s journey from its launch on December 26, 2023, to its rapid growth and the milestone of 1 million users by the end of 2024. “Our growth is a testament to the trust our users have placed in us,” Hadeel remarked. “Sahm App was built around the needs of our users, and today, we are proud to see the app become an integral part of their investment journeys.”

Turki bin Mohammed Al Namasi, a user of the Sahm App, traveled over 600 kilometers to attend the workshop, sharing his trust and enthusiasm for Sahm Capital: “Sahm App is one of the platforms I trust deeply. Their clear policies, diverse programs, and genuine commitment to the community and financial awareness set them apart. I owe my confidence to God and the leadership of their exceptional team and board.”

Abdullah Almalki, an dedicated user, praised Sahm App’s ease of use and flexibility: “What truly stands out about Sahm App is its seamless access to both Saudi and US markets. It allows me to diversify and manage my investments in one place, opening up global opportunities at my fingertips. The ability to trade across multiple markets without barriers is a feature I genuinely appreciate. I’ve recommended it to everyone I know because it makes investing so simple and efficient.”

In celebration of its 1st anniversary and the achievement of 1 million users, Sahm App also launched a special giveaway campaign, offering 1 million SAR in rewards. This campaign is designed to thank existing users for their continued support and to encourage new users to join the growing Sahm community. Full details on eligibility and participation can be found at: https://s.sahmcapital.com/4cLH

During the workshop, Hadeel also unveiled Sahm App’s future plans, which include expanding its financial products, introducing new features, and providing comprehensive financial learning resources to enhance investors’ knowledge (In compliance with the regulations and executive rules of the Capital Market Authority (CMA)). “The world changes, markets change, and so do users’ needs. Staying still is not an option for us,” she emphasized. “Our mission has always been to stay focused on our users. Their needs guide every update, every feature we add. We evolve, so users can continue to trust us to give them what they deserve.”

About Sahm Capital:

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com

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Circular Packaging Association Participates as Knowledge Partner at Sustainability in Packaging MENA 2025

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The Circular Packaging Association (CPA) participated recently as a knowledge partner at the Smithers Sustainability in Packaging MENA Summit 2025, held in Dubai. The two-day event convened industry leaders, policymakers, and sustainability experts to explore the latest trends, policies, and innovations shaping the future of sustainable packaging in the region.

CPA board members and representatives from leading industry and trade organizations took part in dynamic discussions that addressed a range of critical topics, including the implementation of Extended Producer Responsibility (EPR) in the UAE as well as similar dynamics in the region, single-use plastic rationalization, and the broader regulatory landscape driving circularity across the MENA.

During the sessions on EPR, speakers underscored the essential role of EPR schemes in accelerating reduction, reuse, and recycling. Emphasis was placed on the value of harmonized regulations—not only within national borders but across the wider region—to enable scalable systems, reduce market fragmentation, and streamline trade.

Industry participants reiterated their commitment to supporting co-design mechanisms, implementing harmonized reporting structures, and working with government stakeholders to build future-ready, effective EPR systems.

“Public-private collaboration is not a luxury; it’s a necessity,” said Sara Jackson, Technical Director at the CPA. “A circular packaging future requires inclusive systems built on two-way dialogue between regulators and private sector players. We must come together to co-create solutions that are technically sound, economically viable, and socially inclusive—aligned with the UAE’s vision for a circular economy.”

The summit also covered key themes such as global frameworks to tackle plastic pollution, the role of advanced recycling technologies in the MENA region, and how brands are leading the way in sustainable packaging. Panel discussions and case studies explored the intersection of policy and innovation, offering attendees actionable insights on driving system-wide transformation.

As the region looks to align environmental goals with economic resilience, the CPA continues to champion evidence-based policy engagement, industry and trade capacity building, and knowledge sharing to support a circular, sustainable  future.

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Al-Safa Group Opens the Newest VERO MODA Store in Saudi Arabia

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Al-Safa Group has announced the official opening of a new VERO MODA boutique in Riyadh.
Located in Cenomi Al Nakheel Mall, the store marks an important milestone for VERO MODA, offering customers an immersive shopping experience that reflects the Danish brand’s philosophy: delivering high-quality fashion at accessible prices, with modern, comfortable designs that celebrate women’s confidence and elegance. With the new store, VERO MODA now spans three locations across the Kingdom: two in Riyadh at Al Nakheel Mall and Al Qasr Mall and one in Jeddah at The Village Mall.
The ribbon-cutting ceremony took place on Wednesday, 21 May, and was attended by Mr. Amro Al Swayeh, Board Member and Chief Executive Officer – Retail Division, Al-Safa Group and Mr. Anshuman Anand, Chief Executive Officer, Al-Safa Brands, as well as distinguished guests, media representatives, and social media influencers.
“We are thrilled to open this new branch in Cenomi Al Nakheel Mall, a vibrant market with a customer base that values contemporary style and quality,” said Mr. Al-Swaih. “The store allows us to move even closer to our customers and deliver a unique, enjoyable shopping experience. This opening is more than just a new location; it is a celebration of the confident, modern woman. We look forward to welcoming everyone and showcasing our latest collections, which reflect global fashion trends while staying true to VERO MODA’s distinctive style.”
Mr. AlSwayeh reaffirmed Al-Safa Group’s commitment to delivering exceptional value through its portfolio of exclusive brands. “Our labels embody our dedication to quality and excellence, thoughtfully designed to meet the diverse needs of our valued customers. Innovation drives our growth, and we continually introduce products that align with the latest trends and the highest standards,” he added.
Founded in 1987, VERO MODA quickly became one of Europe’s leading women’s fashion brands, renowned for its wide range of on-trend apparel, spanning relaxed casualwear to standout dresses and evening pieces, along with accessories and footwear that complete the look.
The new store features VERO MODA’s latest collections of elegant, high-quality garments curated to suit every taste. With carefully selected assortments and personalised service, customers can expect an inspiring, effortless shopping experience.

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Makarem Honors Its Partners in Success from Leading Travel Agencies To Strengthen Its Leadership in Spiritual Hospitality

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Makarem Hotels, a leading Saudi brand specializing in spiritual hospitality, celebrated its valued travel and tourism partners in a distinguished gathering held at Makarem Ajyad Hotel in Makkah for their role in supporting Makarem’s continued leadership and excellence. The event brought together more than 100 guests, including senior representatives from the Kingdom’s most prominent travel agencies.

The recognition underscored the significant role of travel and tourism partners in helping Makarem deliver a seamless and spiritually enriching experience of visiting the Holy Cities, reinforcing Makarem’s position as a premier provider of spiritual hospitality services in Makkah and Madinah.

Amr Al Sunari, Regional General Manager for Makarem Makkah & Dur Hospitality for Hajj at Taiba Investments, commented: “At Makarem, we firmly believe that our partners are integral to our journey of success. This gathering reflects our deep appreciation for their collaboration and marks a key step in strengthening our partnerships as we present our renewed vision for the future of spiritual hospitality”.

The guests included several of Makarem’s most prominent partners from leading local travel agencies, reflecting the strong collaborative partnerships built on mutual trust and shared success.

Opened with a warm welcome reception, Makarem embodied the values of generosity and graciousness. Guests were then treated to an exclusive screening of the brand’s new identity film, “A Journey to the Origins.” The film showcased a refreshed visual identity and future-forward vision that blend authenticity with innovation while staying true to Makarem’s spiritual hospitality roots.

A key highlight of the recognition party was a premium lunch at Zamzam Restaurant, one of Makarem Ajyad’s culinary landmarks, where a curated selection of oriental and international dishes highlighted the brand’s commitment to exceptional hospitality and service standards.

The gathering concluded in an engaging atmosphere that fostered idea exchange and strengthened relationships, a reflection of Makarem’s ongoing commitment to building sustainable strategic partnerships founded on trust and mutual respect. It also underscores the brand’s continuous advancement in the spiritual hospitality by delivering exceptional guest experiences that meet the needs of pilgrims, while aligning with Vision 2030’s goal of positioning the Kingdom as a global tourism destination and enhancing the quality of services provided.

Makarem is one of the hospitality brands under Taiba Investments. Taiba manages currently over 7,700 hotel rooms across the Kingdom and is actively pursuing strategic partnerships with leading global brands. This effort aims to enhance Saudi Arabia’s capacity to attract visitors from around the world and solidify its position as one of the world’s premier tourism destinations.

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