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Bahrain: GIB partners with Stanhope to offer wealth advisory services
Bahrain: GIB partners with Stanhope to offer wealth advisory services

Zawya

time30-04-2025

  • Business
  • Zawya

Bahrain: GIB partners with Stanhope to offer wealth advisory services

Bahrain - Gulf International Bank Group (GIB Group), a pan-GCC universal banking group, and Stanhope Capital Group (Stanhope), one of the world's leading independent global wealth management firms, announced that they have entered into an agreement to offer wealth advisory services to institutional and qualified private clients in the GCC region. The partnership will enable GIB to offer clients a comprehensive suite of services including advisory, outsourced chief investment officer (OCIO) and discretionary wealth advisory, expanding the GIB Group's existing offering, which includes commercial banking, retail, treasury services, asset management, investment banking and Sharia-compliant banking services. The group will also extend its suite of value-added services to clients to include asset and wealth management locally and on a global basis. This model, which combines a regional bank partnering to provide international wealth advisory services, is new to the region and will have the enhancement of local skillsets as an additional focus. For Stanhope Capital, whose core business is to offer wealth management and advisory services to its global client base, the agreement is an opportunity to further expand in the GCC, which has become one of the fastest growing regions for such services and to do so whilst capitalising on the GIB Group's established regional presence, local expertise and extensive network. The investment platform offered to clients in the region will cover all global asset classes, including equities, fixed income, hedge funds, private equity and real estate combined with a strong expertise in Sharia-compliant products. Alternative investments offering access to top-quartile buyout and venture capital managers will form a core part of the offering. Commenting on the partnership, GIB chief executive Sara Abdulhadi said, 'This agreement is a significant step forward in the GIB Group's strategy to expand and diversify our offerings, with asset and wealth management as a key pillar of our growth. 'By leveraging our deep regional presence and trusted client relationships, alongside Stanhope Capital's global investment expertise and strong performance track record, we are creating a compelling wealth advisory proposition tailored for institutional and private clients in the GCC. 'The increasing demand for sophisticated investment solutions requires a partner that understands both local and international markets. Through this collaboration, we are well-positioned to provide our clients with a comprehensive, world-class investment platform that aligns with their evolving financial goals,' Ms Abdulhadi added. GIB Capital chief executive Osamah Shaker said, 'We are excited to join hands with Stanhope Capital. This collaboration aligns with our commitment to delivering superior investment advisory services and tailored solutions to our clients. 'By leveraging Stanhope Capital's global insights and expertise, combined with GIB Capital's strong footprint and track record in the region, we aim to offer enhanced value and support to our clients in achieving their financial goals.' Stanhope Capital Group chairman and chief executive Daniel Pinto said, 'We are delighted about entering into this important commercial agreement with the GIB Group, undoubtedly one of the most respected financial institutions in the region. 'The demand for asset and wealth management services in the GCC is immense and our ability to combine the GIB Group's access and expertise with our long-standing experience servicing the most demanding institutional and private clients globally will create something unique in the region.' Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

Ex-Second Cup franchisee charged with uttering threats after antisemitic incident at protest
Ex-Second Cup franchisee charged with uttering threats after antisemitic incident at protest

CBC

time28-04-2025

  • CBC

Ex-Second Cup franchisee charged with uttering threats after antisemitic incident at protest

Social Sharing WARNING: The story below contains antisemitic remarks. A woman filmed making antisemitic remarks and performing a Nazi salute at a protest in Montreal in November has been charged with uttering threats. According to court documents, Mai Abdulhadi, 40, was charged with uttering threats to cause death or bodily harm, as well as threats to damage property. The alleged incident happened outside Concordia University on Nov. 21, 2024 and led to the termination of Abdulhadi's franchise agreement with Second Cup and the closure of the two café locations she operated at Montreal's Jewish General Hospital. The protest Abdulhadi allegedly attended was organized in the context of CEGEP and university students in Montreal striking and calling for Quebec post-secondary institutions to divest from companies with ties to Israel and urging the federal government to take a stance against the ongoing war in Gaza. After reviewing videos of the protest, Peter Mammas, the president and CEO of Foodtastic (which owns the Second Cup coffee chain), confirmed that the woman raising her arm in a Nazi salute and making antisemitic remarks was Abdulhadi, the franchisee involved. "The final solution is coming your way, the final solution. You know what the final solution is?" the woman can be heard saying in the video. The phrase is widely recognized for its association with Nazi Germany's plan to exterminate Jewish people. CBC viewed the videos, which had been circulated on social media. The allegations against Abdulhadi have yet to be proven in court.

Former Second Cup franchisee charged with making threats against 3 people
Former Second Cup franchisee charged with making threats against 3 people

Montreal Gazette

time28-04-2025

  • Montreal Gazette

Former Second Cup franchisee charged with making threats against 3 people

Montreal Crime A former Second Cup franchisee who was allegedly filmed making hateful remarks during a pro-Palestinian protest has been charged with making death threats. Mai Abdulhadi, 41, has been charged with threatening three individuals on Nov. 21. The charge sheet does not provide more details. That same day, Abdulhadi was filmed at a pro-Palestinian protest outside Concordia University, allegedly performing a Nazi salute while addressing pro-Israel counter-protesters. She also said: 'The final solution is coming your way — the final solution. You know what the final solution is?' The phrase, notorious for its association with Nazi Germany's plan to exterminate Jews, quickly sparked widespread outrage on social media. In response to the footage, Foodtastic, the parent company of Second Cup, identified Abdulhadi as the franchisee of two cafés at the Jewish General Hospital and closed the establishments. Speaking to The Gazette at the time, Peter Mamas, CEO of Foodtastic, recounted the moment he was informed of the incident: 'We found out at around 2 o'clock on Saturday afternoon,' adding that he was at the cinema watching Gladiator II with his children. 'We quickly reviewed video evidence and spoke with employees to verify the allegations,' Mamas said. 'We talked to her as well. We basically said, 'Listen, we cannot allow this to happen.' After speaking with our lawyers, we issued a termination letter and prepared a press release.' Abdulhadi is now scheduled to appear in court on May 13 to face the charges. The Centre for Israel and Jewish Affairs (CIJA) welcomed the charges in a statement on X. The group also called for greater action against radical ideologues and antisemitic factions that seek to disrupt Quebec's educational institutions and the broader public sphere. This story was originally published April 28, 2025 at 5:36 PM.

Leo Burnett ME adds to KSA leadership with business lead appointment
Leo Burnett ME adds to KSA leadership with business lead appointment

Campaign ME

time23-04-2025

  • Business
  • Campaign ME

Leo Burnett ME adds to KSA leadership with business lead appointment

Leo Burnett Middle East has appointed Ali Abdulhadi as Business Lead for its Saudi Arabia office, where he will oversee client partnerships, creative output, and team development across key accounts. Currently based in the Eastern Province of the kingdom, Abdulhadi brings close to two decades of experience across the MENA region, having worked with more than a 100 brands in industries spanning automotive, FMCG, technology, aviation, and beyond. His career includes senior leadership roles at agencies and startups, and a portfolio featuring clients such as Mercedes-Benz, UNICEF, Samsung, and Nestlé. 'Ali's appointment comes at a time when our clients are looking for deeper integration and faster delivery. His mix of agency and startup leadership, along with hands-on experience across the region, makes him well positioned to support the evolving needs of the business,' said Adel Baraja, CEO, Publicis Communications KSA. Abdulhadi has led marketing transformation efforts, regional launches, and campaigns that delivered measurable business impact. His career is also marked by a series of regional firsts, including the first Arabic Discovery page on Snapchat with Layalina and the first TikTok brand collaboration in Jordan for UNICEF. Speaking about his appointment as Business Lead at Leo Burnett Middle East, Abdulhadi said, 'What drew me back to agency life is the energy, the pace, and the people. Leo Burnett has always stood for bold, iconic thinking, and with the right team, I believe we can build work that delivers on both creative ambition and business impact.' In his new role, Ali will also focus on strengthening Leo Burnett's client relationships, growing its strategic offering, and championing talent across the board.

Japanese car exhibition zooms into Ithra
Japanese car exhibition zooms into Ithra

Arab News

time07-02-2025

  • Automotive
  • Arab News

Japanese car exhibition zooms into Ithra

DHAHRAN: Ithra, the King Abdulaziz Center for World Culture, is presenting a special vintage car exhibition, which began on Thursday. For the latest updates, follow us on Instagram @ The exhibition is part of the Japan Cultural Days event, hosted at Ithra headquarters in Dhahran to celebrate 70 years of Japan-Saudi relations. The exhibition is being held outdoors in the Energy Exhibit area, which provides a distinctive setting for this unique display. Maha Abdulhadi, creative programs specialist at Ithra, told Arab News: 'With help from Japanese classic car enthusiasts Ali Aldhamin and Nazar Alqlaf, we curated this display to showcase a broad range of vehicles that represent a significant chapter in the history of the Japanese car industry, which is highly appreciated in Saudi Arabia.' The exhibition features 13 cars, most of which are owned by private collectors in Qatif, and spans a variety of classic models, modern designs, and concept vehicles. 'This is a rare opportunity for car enthusiasts in the Kingdom to experience Japanese engineering and design up close,' Abdulhadi said. The display highlights the design, technology and innovative features of Japanese vehicles, with the cars available for viewing from 4 p.m. to 10 p.m. each day. 'This unique exhibit showcases Japan's innovative designs, precision engineering, and passion for performance, enhancing the festival experience,' Abdulhadi said. 'A Japanese car show as part of the Japan Cultural Days highlights Japan's rich automotive heritage, fosters community engagement, and promotes cultural exchange. It also attracts car enthusiasts.' The exhibition ends on February 8, marking the conclusion of the Japan Cultural Days celebration.

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