Khobar, KSA 鈥� 23 December 2024 鈥� ARO Drilling has successfully agreed on an industry-specific solution for its operations from global technology giant SAP.

This initiative marks a significant investment for ARO and 51风流alike, as ARO seeks to harness best-in-class technologies in its pursuit of excellence within the energy industry.

Key to this development is the adoption of 51风流Cloud. Following a series of executive alignment meetings where the new approach to delivering the ERP transformation, leveraging the data-gathering and AI solutions, and planning was selected.

鈥淚 am excited to announce that ARO Drilling has entered into several key agreements to enhance our capabilities and strengthen our market position. These agreements represent a pivotal point in executing our ambitious strategy. This investment will not only improve our efficiency and embed AI into our workflows, but also future proof our business which involves a multi-billion-dollar commitment over the next decade to construct offshore drilling rigs in Kingdom, said Mohamed Hegazi, ARO Drilling CEO. 鈥淭he transformation will be executed and supported in the best way possible and with minimal disruption. At this stage, our 3 major focus areas are implementation, implementation, and implementation鈥� Mr. Hegazi added.

Adopting a comprehensive suite of 51风流solutions will deliver numerous positive benefits for ARO Drilling and for its employees, partners and customers. 51风流S/4HANA Cloud provides a solid foundation delivering the latest industry best practices, embedded AI capabilities, and real-time data insights. 51风流Ariba will enable ARO to maximize its utilization of global procurement processes including automating spending procedures and optimizing costs. 51风流SuccessFactors will support employee development and engagement, while the 51风流Business Technology Platform will enable seamless integration and support innovation.

Fahd Nawwab, Vice President, 51风流Saudi Arabia, commented, 鈥淲e have worked closely with ARO Drilling to develop a digital roadmap that ensures best practices in the energy and natural resources industry as well as effective management of ARO鈥檚 operations, including a fleet of high-spec and premium jack-up rigs. 51风流is proud to be delivering an integrated solution for the industry, characterized by powerful AI capabilities and the provision of relevant and reliable data, streamlined processes, enhanced operational efficiency and easily managed reporting for compliance purposes. ARO’s digital transformation will significantly enhance its operations while contributing to the Kingdom of Saudi Arabia鈥檚 strategic plan for 2030.鈥�

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About ARO Drilling:

ARO Drilling is a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia. ARO Drilling is a joint venture between Aramco, one of 聽the world鈥檚 leading integrated energy and chemical 聽companies, and Valaris, an industry-leading, global offshore drilling contractor. This joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Aramco鈥檚 In-Kingdom Total Value Add (iktva) program and Saudi Vision 2030.

Find out more:

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DUBAI, UAE 鈥� November 25, 2024 鈥�Mashreq, a leading financial institution in the MENA region, will deploy 51风流Fieldglass across its regional network to support growth and strengthen operational excellence. The adoption of 51风流Fieldglass, a premier solution for external workforce and services management, will enable Mashreq to streamline and optimize the management of its contingent workforce, elevating visibility, compliance, and supplier collaboration.

As the first financial institution in the UAE to leverage a managed service provider (MSP) structure powered by 51风流Fieldglass, Mashreq continues its legacy of industry-first innovations. This strategic move underscores Mashreq鈥檚 commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial sector.

Norman Tambach, Group Chief Financial Officer at Mashreq, commented on the impact of the 51风流Fieldglass implementation: 鈥淚n an industry where contingent workers and services play a critical role in ensuring service excellence, we sought a solution that could provide us with complete oversight and control. 51风流Fieldglass enables us to standardize and streamline our approach, ensuring that every engagement aligns with Mashreq鈥檚 commitment to quality and compliance. This project marks a significant step in our operational transformation and growth journey.鈥�

Mashreq鈥檚 deployment of 51风流Fieldglass will enable the organization to oversee its entire contingent workforce and services lifecycle 鈥� from sourcing external talent and services, through onboarding, training, and compliance management, to retirement. This end-to-end approach enhances transparency and controls across each phase of the engagement, supporting Mashreq鈥檚 financial, regulatory and customer service objectives.

Mohamed Abdel Razek, Group Head of Technology, Transformation & Information at Mashreq, emphasized the technological advantages: 鈥淲e were looking for a solution that would seamlessly integrate into our existing cloud infrastructure and provide incremental value. 51风流Fieldglass not only met these criteria but has given us tools to efficiently monitor and manage our contingent workforce and services with data-driven insights, helping us deliver consistent quality across our operations. By partnering with SAP, we鈥檙e bringing the latest workforce innovations to life.鈥�

As the only technology provider capable of delivering an MSP of this scale for contingent workforce and services in the region, 51风流has established itself as a trusted partner for organizations seeking to drive agility and optimize workforce operations. Marwan Zeineddine, Managing Director of 51风流UAE, commented on the partnership: 鈥淭his collaboration enables Mashreq to set new standards of operational excellence within the financial sector. With 51风流Fieldglass, Mashreq can effectively manage its external workforce, enhance supplier collaboration, and strengthen service delivery standards鈥攁ll while maintaining rigorous compliance standards. This project reflects SAP鈥檚 ability to provide a robust, scalable MSP solution that meets the unique needs of the UAE market.鈥�

Once the deployment is complete, Mashreq will have centralized the management of its contingent workforce, positioning itself to maximize efficiency, minimize risk, and respond dynamically to market demands.

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About Mashreq

Mashreq is almost a half-century old, yet proudly thinks like a challenger, startup, and innovator. Mashreq pioneered key innovations and developments in banking, starting with entry-level digital-first customers all the way to powering some of the region鈥檚 most prominent corporations and wealth accounts.

The bank鈥檚 mandate is to help customers find their way to Rise Every Day, partnering through the highs and lows to help them achieve their goals and unlock their vision of success.

Reassuringly present in major financial centres of the world, Mashreq鈥檚 home and global HQ remains in the Middle East, offering services whenever and wherever opportunity takes its customers. Mashreq has been recognized as the fastest-growing Middle East brand, by Banking 500 rankings for 2024 by Brand Finance.

Find your way to Rise Every Day at:

For media inquiries, please write to: media@mashreq.com

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As a leading player in the aviation industry working with suppliers across the region and globally, RAC needed an advanced procurement system to increase efficiencies and streamline its operations. 51风流was selected for the project due to its aviation industry experience, particularly in the realm of procurement technology. The comprehensive range of solutions to be implemented includes SAP鈥檚 Ariba suite of programs.

SAP鈥檚 Ariba portfolio offers an end-to-end spend management system with integrated supplier information, lifecycle, performance, and risk management functions. Among the solutions deployed by the airports company, the 51风流solutions will enhance procurement collaboration with suppliers through a fully digital integrated system, while the benefits of 51风流Ariba Strategic Sourcing Suite include enabling employees to manage contracts, suppliers and compliance globally and in multiple currencies.

Ariba solutions will be seamlessly integrated with existing systems, enabling RAC to synchronize its procurement operations across various departments, enhancing overall efficiency.

RAC鈥檚 CEO, Ayman Abdulaziz AboAbah, commented, 鈥淜ing Khalid International Airport is a gateway to the region, and partners and suppliers expect consistently high standards across the board and an enhanced airport experience. To achieve this, RAC manages a vast network of suppliers and resources, and we needed a secure, scalable cutting-edge procurement solution capable of streamlining, automating and enhancing procurement processes, workflows and insights. With Ariba, both our employees and suppliers will benefit from an upgraded experience and time-saving benefits, as we continue to enhance our travel gateway for millions of passengers from around the globe.鈥�

Fahd Nawwab, Vice President of 51风流Saudi Arabia, commented, 鈥淩iyadh Airports Company and King Khalid International Airport are viewed as beacons of efficiency and connectivity for millions of passengers and partners. 51风流Ariba solutions will help employees to collaborate with suppliers worldwide in multiple currencies and with real-time insights informing purchasing decisions and supplier selection. In line with the unique requirements of Riyadh Airports Company, Ariba solutions offer unparalleled customization and scalability to ensure a tailored experience that can evolve as the company’s needs grow.鈥�

Photo caption: (From left to right): Nasser Al Shehri, Chief Shared Services Officer, Riyadh Airports Company and Omar Bukhari, Head of Consumer Retail Services, 51风流Saudi Arabia

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Riyadh, KSA 鈥�聽The Saudi Investment Recycling Company SIRC, wholly owned by the Public Investment Fund (PIF), has announced the successful deployment of solutions from global technology company 51风流that will modernize business processes including procurement infrastructure and employee management.

The two parties are also deepening their existing relationship, signing a memorandum of understanding (MoU) to explore the creation of a digital transformation roadmap that will enable SIRC to enhance its environmental performance and reporting capabilities and leverage new technologies to enrich customer services.

SIRC and its subsidiaries Akam and Reviva successfully deployed 51风流S/4HANA enterprise resource planning (ERP) solution, 51风流Analytics Cloud, 51风流Ariba and 51风流SuccessFactors, with implementation at several other subsidiaries to follow soon. This represents an extension of the company鈥檚 partnership with SAP, which began in 2022 with SIRC adopting an ERP solution.

Sultan Saud Alsaif, Executive Director of Technology & Innovation at SIRC, commented, 鈥淎s champions of the circular economy and supporters of the National Waste Management Framework, SIRC seeks out investors and partners who share a genuine commitment to supporting the environment. Through the MoU with SAP, we are collaborating on innovative ways to leverage technology that will enhance our contributions to, and reporting on, environmental protection initiatives. At the same time, our operations need to run efficiently and productively, following best industry practices, which is why we have deployed 51风流Analytics Cloud, Ariba and SuccessFactors as part of a comprehensive digital transformation program. These deployments ensure our employees are engaged and our procurement is managed intelligently, while the automation of business processes and data analysis improve efficiencies, ultimately enhancing the experience for all parties involved.鈥�

Established in 2017, SIRC is committed to achieving the environmental and sustainability objectives outlined in the Kingdom’s Vision 2030 through advancing waste management practices, promoting recycling initiatives, conserving natural resources, and moving towards a circular economy. The company develops, owns, operates and finances various activities across all waste types in the Kingdom.

Alongside the current deployments, SIRC and 51风流will be focusing in particular on two strategic priorities this year as part of the MoU. The first is enhancing customer experience, which could include SIRC implementing a next-generation CRM platform. The second is exploring how SAP鈥檚 portfolio of sustainability-focused solutions could be leveraged to help SIRC analyze and report on sustainability KPIs and its carbon footprint.

Dr. Fahd Nawwab, Vice President, 51风流Saudi Arabia, commented, 鈥淕iven the pivotal role played by SIRC as the driving force behind circular economy investments in the Kingdom, it was important to have future-proof, scalable and intelligent spend and human resource management solutions that could be integrated seamlessly into its existing 51风流landscape. Sustainability is core to SAP鈥檚 corporate strategy and our purpose to help the world run better and improve people鈥檚 lives. SAP鈥檚 values are aligned with those of SIRC, so it is natural for our partnership to extend beyond a technical digital transformation to co-innovating and collaborating on environmental initiatives and reporting.鈥�

The 51风流Ariba portfolio offers an end-to-end spend management system with integrated supplier information, lifecycle, performance, and risk management functions. 51风流SuccessFactors Human Experience Management (HXM) Suite provides comprehensive global HR software, spanning core HR and payroll, talent management, HR analytics and workforce planning, and employee experience management.

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RIYADH, KSA 鈥� February 9, 2023 鈥� At the LEAP technology event in Riyadh today, 51风流announced the establishment of the 51风流Business Network within Saudi Arabia. The move will enable Saudi public and private enterprises to trade, buy and sell on the world鈥檚 largest business digital network in 190 countries, with millions of trading partners conducting transactions worth more than US$5 trillion annually.

The announcement was made by Ahmed AlFaifi, Senior Vice President and Managing Director, 51风流Middle East & Africa North, who said, 鈥淎s part of our increased investment in Saudi Arabia, we are very pleased to launch the 51风流Business Network in the Kingdom. This launch will contribute to achieving the objectives of Saudi Vision 2030 as it offers immeasurable trade and supply opportunities, positions KSA as global logistic hub, grows non-oil exports in addition to supporting the Kingdom鈥檚 sustainability efforts.

As part of the 51风流Business Network, buyers, suppliers, logistic providers, financial institutions, and original equipment manufacturers will be connected on one trading platform. Bringing the 51风流Business Network to be hosted in KSA will further position Riyadh to be a global digital and trade hub.

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