
Shine Launches the Recruiter Challenge to Redefine Hiring in Saudi Arabia
'We believe these efforts strengthen our ties to the community, and allows the candidates to show their full potential. We've discovered there isn't one way to spot talent. The more creative you allow candidates to be, the more they'll shine.' Al Hashil added.
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Al Bawaba
4 days ago
- Al Bawaba
Saudi investment delegation visits Damascus to boost economic ties
Published July 23rd, 2025 - 05:36 GMT Activities include the inauguration of the Fihaa white cement plant in Adra Industrial City, and high-level discussions on potential agreements across sectors such as energy, construction, and infrastructure. ALBAWABA- In a significant step toward strengthening economic ties, a high-level Saudi delegation led by Minister of Investment Khalid bin Abdulaziz Al-Falih arrived in the Syrian capital, Damascus, on Wednesday to participate in the Saudi-Syrian Investment Forum. Also Read Clashes in Southern Syria killed at least 1,000: SOHR The visit reflects a new chapter in bilateral relations between the two countries, following years of strained ties. The forum, held under the direction of Saudi Crown Prince Mohammed bin Salman, brings together more than 130 Saudi businessmen and investors, signaling strong official and economic interest in revitalizing cooperation with Syria. Damascus Welcomes Saudi Business Delegation to Discuss Strategic Investment Agreements A high-level Saudi delegation, comprising over 130 businessmen and investors and led by Minister of Investment Khalid bin Abdulaziz Al-Falih, arrived today at Damascus International Airport to… — Levantine Logic (@SyriaRetold) July 23, 2025 According to the Syrian Arab News Agency (SANA), the forum aims to explore avenues for strategic partnerships that promote sustainable development and mutual economic benefit. The visit marks a pivotal moment in Saudi-Syrian relations, with both sides expressing readiness to engage in wide-ranging economic cooperation. Activities include the inauguration of the Fihaa white cement plant in Adra Industrial City, and high-level discussions on potential agreements across sectors such as energy, construction, and infrastructure. In an interview with Al Arabiya, Saudi Ambassador to Syria Dr. Faisal Al-Mujfel emphasized that Saudi investors are now welcome to operate across all sectors in Syria. He described the forum as a reflection of the Kingdom's commitment to supporting Syria's economic recovery, institutional rebuilding, and territorial integrity. The Saudi Ministry of Investment echoed this sentiment in a statement, noting that the visit aligns with Crown Prince Mohammed bin Salman's directives to enhance regional partnerships and contribute to Syria's long-term stability and prosperity. On Tuesday, Syrian President Ahmed Al-Sharaa received a Saudi business delegation headed by Mohammed Abu Nayyan, Chairman of ACWA Power, and Suleiman Al Muhaidib, Chairman of Al Muhaidib Group. Talks focused on expanding economic and investment collaboration, with an eye toward long-term development goals and mutual interests. In a move to facilitate further engagement, the Saudi Embassy in Damascus announced yestrday the availability of special travel licenses for businessmen and investors from both countries, enabling reciprocal visits and deeper exploration of investment opportunities. © 2000 - 2025 Al Bawaba (


Al Bawaba
7 days ago
- Al Bawaba
Shine Launches the Recruiter Challenge to Redefine Hiring in Saudi Arabia
Shine, a leading Saudi event staffing company, is inviting recruiters to participate in the Recruiter Challenge — a multi-round experience designed to replace traditional interviews and test candidates' skills through challenges such as CV scanning, conducting interviews, and this innovative approach to recruitment, Shine is inviting candidates to interview its team in an effort to find the best recruiters in Saudi. 'We're hiring, but we don't want to interview you — we want you to interview us,' the job advertisement in 2020, Shine excels at providing staffing services for events and experiences in Saudi, particularly for roles that shape the visitor experience — including guest experience staff, hosts and hostesses, tour guides, and protocol teams. The company works alongside its partners to elevate some of the biggest events in the Kingdom — from Formula 1 and the FIFA Club World Cup in sports, to the Islamic Arts Biennale and Noor Riyadh in the arts, and major music festivals like MDLBeast Soundstorm and took the traditional concept of open days — where companies invite potential candidates for job interviews — and added an innovative twist. It began when Shine was hiring tour guides for Noor Riyadh, the world's largest light art festival. Instead of standard interviews, Shine launched 'Shine Museum,' a themed open day where candidates memorized art pieces and auditioned as tour example is 'Ladies Night,' where Shine transformed its office into a celebration of female talent and empowerment. Interviews took place amid pink glitter and karaoke, with many candidates calling it the most enjoyable interview they've ever in a first of its kind initiative, Shine is launching the #Recruiter_Challenge. 'We've 'turned the tables' and put the power in the candidates' hands. This experience is curated to be an exciting and enjoyable way to bring out the best in the candidate, the main objective being hiring the best recruiters through seeing them in action', said Saud Al Hashil, founder of Shine. 'We believe these efforts strengthen our ties to the community, and allows the candidates to show their full potential. We've discovered there isn't one way to spot talent. The more creative you allow candidates to be, the more they'll shine.' Al Hashil added.


Al Bawaba
17-07-2025
- Al Bawaba
Alkhabeer Capital and Fasanara Capital Sign Strategic Partnership Agreement to Unlock Fintech Private Credit in Saudi Arabia
Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme 'Fintech-Originated Private Credit – the Asset Class and its Potential in the event gathered senior institutional investors, financial market stakeholders, and representatives from both firms to explore the transformative potential of fintech-originated private credit as a new frontier in the Saudi investment on the event, Ahmed Saud Ghouth, CEO of Alkhabeer Capital, stated: "Saudi Arabia's investment landscape is undergoing rapid transformation, driven by digitalization, innovation, and a push for diversified capital formation. Our partnership with Fasanara Capital reflects a shared ambition to pioneer new asset classes that respond to the evolving needs of investors and align with the objectives of Vision 2030. The signing of this MoU is a key milestone in our joint mission to unlock fintech private credit opportunities in the Kingdom."Francesco Filia, Founder & Chief Executive Officer, Fasanara Capital said: 'We are excited to partner with Alkhabeer Capital to introduce fintech-originated private credit to the Saudi market. This collaboration represents a significant step toward building a more inclusive and technologically advanced financial ecosystem. By leveraging data-driven lending models and next-generation credit infrastructure, we aim to deliver scalable, transparent, and risk-conscious solutions that address the growing demand for alternative fixed-income strategies in the Kingdom'.The event featured insights into global trends in alternative credit markets, showcasing how fintech is reshaping private credit through more efficient, scalable, and transparent investment models. Presentations highlighted the structure and investment mechanics of fintech-originated credit and how these models can deliver compelling risk-adjusted returns while meeting demand for diversified, income-generating strategies. Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority under License No. 07074-37 and headquartered in Jeddah, Kingdom of Saudi Arabia, with a branch in Riyadh. The Company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services.