تواصل إنيسمور توسعها العالمي لموندريان مع أول فندق لها في الرياض

29 مايو , 2024

ENNISMORE CONTINUES ITS GLOBAL EXPANSION OF MONDRIAN, WITH ITS FIRST HOTELIN RIYADH   The opening of Mondrian Riyadh Al Malga– with Olayan Financing Company - willmark the brand’s debut in the city and the Kingdom of Saudi Arabia.   People image 3   Riyadh, SAUDI ARABIA– Ennismore, the fastest-growing lifestyle hospitality company,signedan agreement with OlayanFinancing Company (OFC)today to launchthefirst Mondrianhotel development in Saudi Arabia, Mondrian Riyadh Al Malga. Setto open in 2026, Mondrian Riyadh will also be Ennismore’s first hotel in the capital, making it a significant milestone for the company’s growth in the region.   Mondrian Riyadh Al Malga Hotel and Residences will boast 200 keys, including 130 standard rooms and suites, with 25 one-bedroom, 35 two-bedroom, and ten three-bedroom serviced apartments. The hotel will pioneer innovativeculinary and mixology experiences in the Kingdom with three new restaurants and loungesby Ennismore’s in-house F&B concept studio, Carte Blanched. It will also be home to generous event spaces and state-of-the-art social wellness spaces,paving the way for Mondrian’s progressive programming.   Defined by ground-breaking design, Mondrian’s oversized imagination will be brought to life in Riyadh by visionary designer and international award-winning interior architect Tristan Di Plessis, whose portfolio includes some of the most spoken-about hospitality destinations around the world. The hotel and development will be LEED (Leadership in Energy and Environmental Design) Certified - constructed with a focus on energy savings, water efficiency, reduced carbon emissions and improved indoor air quality.   Mondrian hotels are always at the heart of the world’s most exciting cultural scenes. The Mondrian Riyadh Al MalgaHotel and Residences will be developed as part of the mixed-use Al Malga Urban Village, with residents and visitors alike able to enjoy the vibrant boutique retail, dining, entertainment, and leisure scene.Locatedin the northern part of Riyadh, the Al Malga neighbourhoodis at the entrance of the recently announced 400-metre-high cube-shaped skyscraper Mukaab as part of the capital’sMurabba downtown plan. The incredible development will be a tourism and cultural destination, including entertainment, dining, and retail, and will have an almost full-height atrium space that will contain a spiralling tower. The new Mondrian will also benefit from easy access to Boulevard Riyadh, home to high-profile events and concerts, Najd Village, and King Abdullah Financial District, allowing guests to fully immersive themselves in the culture of the city.   Nabeel Al-Amudi, CEO of Olayan Financing Company, commented: “We are delighted to team up with Ennismore for this exciting project, which will bring one of the world’s most sought-after hospitality brands to the Kingdom. Our partnerships with leading global players come as part of OFC’s long-term strategy to meet the evolving needs of residents and tourists in Saudi Arabia and support the Kingdom’s journey toward achieving the goals of Vision 2030, the wise leadership’s roadmap to sustainable prosperity.”   Gaurav Bhushan, Co-CEOof Ennismore, said: “We are excited to be partnering with OlayanFinancing Company to bring the first Mondrian Hotel and Residence to Saudi Arabia and the first Ennismore property to the country’s capital, Riyadh. Mondrian Riyadh Al Malga will bring a unique lifestyle hospitality experience to the city. We look forward to raising the bar as a cultural and gastronomic destination for discerning travellers and locals alike.”   Mondrian’s global expansion shows no signs of slowing down with a pipeline of 17 hotels and branded residences, including upcoming openings in Singapore, Hong Kong, Bordeaux, Ibiza, Cannes, Dubai, Gold Coast Australia, and Abu Dhabi, adding to its existing portfolio of seven open hotels including Mexico City, London, LA, and Doha.   Lifestyle is one of the fastest-growing segments of the hospitality industry, and Ennismore is leading the way with its collectiveof 14 brands representing over 100 operating hotels, with a further 140+ in the pipeline and more than190 restaurants and bars.In 2023, Ennismore is set to open nearly 30 hotels, including Maison Delano Paris, France; Mama Shelter, Rennes, France; SO/ Uptown Dubai, UAE; 21C Museum Hotel St. Louis, USA; TRIBE Bangkok, Thailand; The Hoxton, Charlottenburg, Germany and Hyde Ibiza, Spain. Ennismore’s expansion in the Middle East continues to be strong, adding to its existing five hotels and branded residences - including 25hours Dubai, SLS Dubaiand Hyde Dubai - a pipeline of over 20 properties featuring Mama Shelter Dubai, SLS Red Sea and 25hours Trojena.   Olayan Financing Company (OFC)is the owner of Mondrian Riyadh Al Malga.Looking to build on theirunique and strategic partnership, Ennismoreand OFCare jointly planning future projects to bring more Ennismore lifestyle brands to the Kingdom of Saudi Arabia.   -END- ennismore.com     ABOUT ENNISMORE Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. It curates and manages unique properties and experiences in some of the most exciting destinations worldwide. Founded in 2011 by entrepreneur Sharan Pasricha, Ennismore and Accor entered a joint venture in 2021 to create a new autonomous entity, with Accor holding a majority shareholding. Creating the world's fastest-growing lifestyle hospitality company, it brings together Ennismore's know-how in building brands with creative storytelling, design, and authentic experiences, with Accor's wealth of knowledge in delivering scale, network growth and distribution. Under Sharan Pasricha, Founder & Co-CEO, and Gaurav Bhushan, Co-CEO, Ennismore comprises 14 brands - with over 100 operating properties and a further 140+ in the pipeline - and a collection of over 190 culturally relevant and diverse restaurants and nightlife destinations. Ennismore puts innovation at the centre of everything it does, with four dedicated in-house specialist studios, which obsess every guest touchpoint, including Carte Blanched – a fully integrated F&B concept platform; a creative studio of interior and graphic designers; a digital product and tech innovation lab, and a partnerships and collaborations division. Ennismore has been included in Fast Company'sWorld's Most Innovative Companies lists in 2020 and 2021; ranked#29 in FT1000: Europe's Fastest-Growing Companies; and is part of FT Future 100 - the UK's fastest-growing businesses that are shaping the future of their sector. The Ennismore brands: 21c Museum Hotel, 25hours Hotels, Delano, Gleneagles, Hyde, JO&JOE, Mama Shelter, Mondrian, Morgans Originals, SLS, SO/, The Hoxton, TRIBE and Working From.   ABOUT OLAYAN FINANCING COMPANY The Olayan conglomerate came into being in 1947 when its founder, Suliman Saleh Olayan, established its progenitor company, a company that endures to date under the Olayan Financing Company (OFC), a leading multinational enterprise with a diversified portfolio of over 32 companies, and global investments which extend across Saudi Arabia, the wider Middle East, and North Africa, Turkey, and India.  A long-term strategic investor, OFC’s investments extend to public equities, private equities, strategic partnerships, and real estate assets as well as the portfolio of one of its main investments, Olayan Saudi Holding Company, which operates across six sectors powered by its many long-standing partnerships that have endured for several decades. OFC’s multicultural workforce comprises more than 14,500 qualified professionals, representing over 60 nationalities. In line with its commitment to creating a long-term positive impact on society, OFC’s philanthropy arm, the Suliman S. Olayan Foundation (SSOF), supports a broad range of education, healthcare, and community outreach initiatives. As a Saudi company, OFC actively contributes to Vision 2030’s economic diversification, local content, talent development, and circular economy goals.

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شركة لانزا تيك تؤسس مشروعًا مشتركًا مع شركة العليان للتمويل لنشر تقنية إعادة تدوير الكربون في المملكة العربية السعودية

29 مايو , 2024

Skokie, IL, – October 25, 2023 –LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture company in the Kingdom of Saudi Arabia (KSA) to accelerate the commercial deployment of LanzaTech’scarbon recycling technology in hard-to-abate industries within the Kingdom. The joint venturewill deploy and develop projects utilizing LanzaTech’s carbon recycling technology within KSA and selectively across the broader Middle East. Focusing on a region with strong decarbonization goals, this partnership intends to enableLanzaTech to deploy its commercial technology more quickly and broadly across multiple sectorsusing a range of waste carbon feedstocks, including waste industrial gases andsolid waste feedstocks. It will also explore opportunities to further develop projects that are fully integrated with the LanzaJet® Alcohol-to-Jet process to produce sustainable aviation fuel.   Energy-intensive industries license LanzaTech’sbiorecyclingtechnology to reduce carbon emissions, create new revenue streams and accelerate the long-term transition to more climate-friendly business models. The raw materials from LanzaTech’s recycled carbon allow consumer brands to reduce supply chain emissions and respond to the growing consumer demand for more sustainable products.The newly formed joint venture company will bring decarbonization solutions to multiple customers and asset owners within KSA and the broader Middle East, enabled by LanzaTech’s platform.   “The Olayan Group, since its founding in 1947, has grown and developed businesses as the Kingdom’s economy grew and developed for the last 75+ years,” said Nabeel Al-Amudi, CEO of the OFC, “our newest joint venture with LanzaTech is an extension of this proud tradition. LanzaTech’s unique, cost competitive, and environmentally friendly technology is a perfect fit to meet the Kingdom’s decarbonization goals in hard to abate industries and compliments the Kingdom’s Carbon Circular Economy framework. We look forward to developing multiple projects in the Kingdom and selectively across the region.”   “As our process uses distributed waste-based feedstocks, we have a model that is scalableall across the globe using wastestreams that are specific to each country,” said Dr. Jennifer Holmgren, CEO of LanzaTech. “To succeed in financing this new distributed, circular carbon economy, we need to bring together capital and technology to achieve exponential growth. We aretaking meaningful steps toward solving our carbon problem today.  Through this joint venture we can get more steel in the ground and more plants online to capture and recyclewaste carbon. We remain committed to achieving our long-term climate goalof abating gigatons of carbon emissions.”       About The Olayan Group Establishedin 1947, The Olayan Group is a multinational enterprise with an actively managed portfolio of diversified global investments across all asset classes. The Group’s international headquarters is in Vaduz, Liechtenstein. Olayan also has offices in New York, London, Luxembourg, Vienna, Athens, Singapore, and Riyadh, where its MENA investments and commercial operations are based. The Group is a private concern with single-family ownership, a multigenerational outlook, and enduring partnerships. About Olayan Financing Company Olayan Financing Company (OFC) is the parent company of The Olayan Group's business and investments in Saudi Arabia and the Middle East, based out of Riyadh, Kingdom of Saudi Arabia.The conglomerate operates across diverse sectors including food and beverage, restaurants, health care, ICT, and energy services.OFC's investments extend to public equities, private equities, strategic partnerships, and real estate assets.     About LanzaTech LanzaTech Global, Inc. (NASDAQ: LNZA) is a carbon recycling company that transforms waste carbon into sustainable raw materials for everyday products. Using its biorecycling technology, LanzaTech captures the carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives the captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Zara, H&M Move, Coty, and On, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.     Contacts: Media - LanzaTech Kit McDonnell, Director, Communications press@lanzatech.com   Investor Relations - LanzaTech Omar El-Sharkawy, VP, Corporate Development LanzatechIR@icrinc.com   Media –Olayan Financing Company (OFC) Yasser Almisfer, VP, Corporate Communications Y.Almisfer@ofc.com  

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شركة العليان للتمويل تشارك وتشتري أرصدة في أكبر مزاد لأرصدة الكربون في العالم في نيروبي

29 مايو , 2024

Olayan Financing Company among 15 other Saudi companies invited to bid at second auction held by Saudi PIF’s RVCMC NAIROBI, KENYA –15 June 2023:Olayan Financing Companyparticipated in the secondRegional Voluntary Carbon Market Company's (RVCMC) carbon credit auction, held from 13 14 June 2023in Nairobi, Kenya. The auction marked a significant milestone, with over 2 million tons of high-quality, CORSIA-eligible, and Verra-registered carbon credits auctioned to more than 15 companies from Saudi Arabia, including Olayan Financing Company. By acquiring these credits,Olayan Financing Companystrengthens its ability to offset its carbon emissions and actively supports the worldwide Net Zero agenda. Emphasizingthe importance of the occasion, Nabeel Al-Amudi, CEO of Olayan Financing Company, said: "We firmly believe that as a leading private sector company, it is imperative to not only find effective solutions, but also to innovate in our approach to combat climate change. This endeavor by RVCMC represents a significant stride toward a more sustainable future for both the Kingdom as well as the rest of the world. We take immense pride in supporting this ambitious initiative yet again by participating in this latest round of the auction." The projects featured in the Nairobi auction encompass a diverse range ofcarbon avoidance and removal initiatives, primarily originating from Africa. Notable endeavors include the provision of improved clean cookstoves to communities in Kenya and Rwanda, as well as renewable energy projects in Egypt and South Africa. Olayan Financing Company’s involvement in the auction demonstrates its dedication to sustainable practices and its unwavering commitment to making a positive impact on local communities and the environment. This recent participation in the RVCMC carbon credit auction is the second for the company, following the successful event held in Riyadh in October 2022. During the Riyadh auction,Olayan Financing Companyemerged as one of the foremost supporters of the initiative, furthering the company’s objective to aid and contribute to the development of a market-based solution for financing green initiatives. Olayan Financing Companyprioritizes sustainability as a core aspect of its business, adopting effective methods to limit its impact on the environment and prioritize the welfare of its employees, the communities it serves, and the planet. As a result, the companies withinOlayan Financing Company’s portfolio work towards decreasing their energy and water usage, greenhouse gas emissions, and waste production. Over the years, the company has consistently assessed its sustainability performance and aims to make a positive difference in environmental and social aspects across all its activities, generating significant and lasting effects in Saudi Arabia and beyond.   About Olayan Financing Company: The Olayan conglomerate came into being in 1947 when its founder, Suliman Saleh Olayan, established its progenitor company, a company that endures to date under the Olayan Financing Company, a leading multinational enterprise with a diversified portfolio of over 32 companies, and global investments which extend across Saudi Arabia, the wider Middle East, and North Africa, Turkey, and India.  A long-term strategic investor,Olayan Financing Company’s investments extend to public equities, private equities, strategic partnerships, and real estate assets as well as the portfolio of one of its main investments, Olayan Saudi Holding Company, which operates across six sectors powered by its many long-standing partnerships that have endured for several decades. Olayan Financing Company’s multicultural workforce comprises more than 14,500 qualified professionals, representing over 60 nationalities. In line with its commitment to creating a long-term positive impact on society,Olayan Financing Company’s philanthropy arm, the Suliman S. Olayan Foundation, supports a broad range of education, healthcare, and community outreach initiatives. As a Saudi company,Olayan Financing Companyactively contributes to Vision 2030’s economic diversification, local content, talent development, and circular economy goals.

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العليان تحتفل بمرور 75 عامًا على تأسيسها من خلال مبادرات مؤثرة تحتفي بالرؤية الإيثار لمؤسسها

29 مايو , 2024

Series of far-reaching projects in education, health, environment, and culture to carry Suliman S. Olayan’s legacy “Ever Forward for Future Generations” Riyadh, KSA – 01 November 2022: Olayan Financing Company (OFC) has undertaken a series of initiatives to celebrate the 75th anniversary of the Olayan Group, now a global enterprise that began with the establishment of the General Contracting Company (GCC) by the late business leader and entrepreneur, Suliman S. Olayan. The establishment of GCC here in Saudi Arabia in 1947 created the foundation for the growth of a flourishing multinational enterprise that has continued to go from strength to strength for decades beyond his lifetime. The Olayan Group, across all its global offices, has been celebrating this remarkable milestone by honoring its founder’s legacy and values through a year-long campaign under the inspiring theme “Ever Forward for Future Generations”. A key component of the celebration of this milestone anniversary year has been a series of far-reaching initiatives encompassing four key pillars: education, health, environment, and culture. Each of the projects involved has been carefully curated to reflect Suliman S. Olayan’s deeply-held passion for philanthropy and commitment to creating a long-term positive impact in the lives of people in the Kingdom of Saudi Arabia and beyond. The education pillar embodies Suliman S. Olayan’s strong belief in the power of learning to transform the lives of not only beneficiaries, but also those of their families, children, and children’s children. With this long-term impact in mind, the Suliman S Olayan Foundation (SSOF), the charitable arm of the group in the Kingdom, in addition to its existing scholarship for its employees has given 75 underprivileged students scholarships to attend universities across the Kingdom. SSOF has also broken ground on the Suliman S. Olayan Institute for Innovation and Entrepreneurship, which has been established at King Abdullah University of Science and Technology (KAUST) to equip up-and-coming innovators and entrepreneurs with the skills and expertise necessary to contribute to Saudi Arabia’s dynamic future. As part of its environmental sustainability pillar, OFC is planting one million mangrove trees off the coast of Jizan In collaboration with the Ministry of Environment, Water, and Agriculture. These trees have been selected for their high carbon-sequestering capabilities, and also to help purify the waters, contribute to biodiversity, and provide a habitat for marine life. When the project is complete, it is anticipated that the mangroves will offset around 25,000 metric tonsof CO2per year. For the healthcare pillar, OFC has chosen to support ophthalmic causes based on the immeasurable impact these have on the quality of life of patients and their families. More than 400 babies go blind every year due to misdiagnosis and lack of access to preventative screening. To help reduce this unfortunate occurrence, the company has teamed up with King Khaled Eye Specialist Hospital to contribute 12 high-tech Ret-Cam Digital cameras. These state-of-the-art devices will be deployed at Ministry of Health centers across the Kingdom to support the Retinopathy of Prematurity National Program. The fourth and final pillar of culture involved OFC focusing on how it could support Saudi artisanal businesses. Its initial project, in collaboration with Turquoise Mountain, was the development of a one-year-long program to support the artisanal bee and honey industry by training local artisans to adapt their business model to more fully utilize local beeswax byproducts that would otherwise go to waste. Additional programs are under consideration. Khaled S. Olayan, Chairman of the Shareholders Board of The Olayan Group, applauded the campaign’s initiatives, stating: “The holistic nature of OFC’s recently unveiled initiatives is a very fitting and appropriate tribute to the late and endeared Suliman S. Olayan. We are well-assured that these projects not only justify the principles in which the company’s founder believed so firmly but are also a manifestation of the fundamental values that will guide OFC’s operational continuity moving forward. We are honored to bring these initiatives into fruition, understanding the positive impact they will have on the lives of the people of Saudi Arabia and society at large.” Lubna S. Olayan, Chairman of the Executive Committee of the Olayan Financing Company, commented: “It’s truly humbling to look back over the achievements of the last 75 years that grew from the seeds sown by the vision of one man, our late founder, Suliman S. Olayan. When our father embarked on this journey, his objective was always about more than establishing a successful business; he practiced corporate social responsibility before the term CSR was even coined. He sought to ensure the prosperity of the Kingdom and its people, while also contributing positively to Arab and other societies in which we operate. So, there is no better way to honor his legacy than by continuing these philanthropic endeavors. We are proud to have undertaken these latest initiatives during this anniversary year and, just as he did, we will continue to ensure that what we do in our businesses and philanthropy contains a lasting benefit for future generations”. Olayan celebrated its 75th anniversary with a special event in Riyadh, during which attendees were taken through the company’s past, present, and future through a series of presentations, video featurettes, and addresses from the company’s leadership. The Olayan Group’s remarkable evolution was charted through a visual timeline, and its portfolio companies, their offerings and achievements were showcased, with a strong focus on “Made in Saudi” products. Over the years, Olayan Financing Company has contributed to the growth and development of the Saudi economy through its highly diversified business, which today extends across Saudi Arabia, the wider MENA region, Turkey, and India. The company’s investments include public and private equities, strategic partnerships, and real estate assets, while Olayan Saudi Holding Company manages the portfolio of its operating entities, including more than 25 companies operating in the food and beverages, restaurants, health and personal care, information and communications technology (ICT), energy services and B2B sectors. -END- About the 75th Anniversary The year 2022 marks the 75th anniversary of the seeding of a business empire by the late business leader and titan of the Saudi business community Suliman S. Olayan, an empire that has had the strength and power to endure decades beyond his lifetime. In 1947, he founded the progenitor of the Olayan conglomerate which endures to date under the Olayan Financial Company (OFC), a leading multinational enterprise. Today, OFC’s varied investment portfolio and the operating companies under the holding company of most of its operating entities, Olayan Saudi Holding Company, span diverse industries and are spread across Saudi Arabia and the wider Middle East and North Africa, Turkey, and India. On this occasion, the founder’s legacy is being commemorated with a year-long campaign that honors and celebrates his vision for the sustainable prosperity of people in Saudi Arabia and beyond. As part of this campaign, themed “Ever Forward for Future Generations,” several long-term community initiatives have been launched under four pillars – education, health, sustainability, and culture.    

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