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HONOR launches Abu Dhabi's first authorized experience store & service centre, amplifying UAE presence
HONOR launches Abu Dhabi's first authorized experience store & service centre, amplifying UAE presence

Filipino Times

time4 days ago

  • Business
  • Filipino Times

HONOR launches Abu Dhabi's first authorized experience store & service centre, amplifying UAE presence

Global leading AI device ecosystem company HONOR announces the opening of its first Authorized Experience Store & Service Centre in Abu Dhabi, marking a pivotal moment in the brand's expansion strategy across UAE. The opening ceremony was graced by HONOR GGC's long-term local partners, including Ahmad Badri, Director of Eros Group; Foad Jaffal, Chairman of Tornado Group; along with other esteemed guests. This new store is a testament to HONOR's alignment with the UAE's Vision for Digital Transformation, which seeks to establish the nation as a global leader in innovation and technology, and foster a knowledge-based economy. Additionally, this store opening underscores HONOR's commitment to strengthening local collaboration and developing a robust partner ecosystem. By collaborating with local distributors, retailers, and service providers, HONOR not only boosts its market presence but also supports the growth of a tech-driven retail landscape in the region. 'The launch of our first Authorized Experience Store & Service Centre in Abu Dhabi is a pivotal moment in HONOR's strategic expansion within the UAE,' Laurance Li, Country Manager, HONOR GCC, commented. 'This store is not just a retail space; it is a key milestone in our mission to solidify HONOR's market presence. By creating a dedicated environment where customers can directly engage with our latest innovations, we are reinforcing our commitment to delivering exceptional technology experiences and expanding our footprint in one of the world's most dynamic markets.' Located in the heart of Abu Dhabi, the 134-square-meter HONOR store redefines customer engagement by seamlessly blending immersive retail experiences with accessible post-sale service. The store's thoughtfully designed layout features enriched product displays and themed zones—including dedicated walls for accessories and smartwatches—carefully curated to enhance the shopping experience and spark customer interest. At its core lies an interactive area where visitors can explore HONOR's latest innovations first-hand, fostering a deeper connection with the brand through direct access to cutting-edge technology. More than just an experience store, this flagship location also functions as a certified service centre, offering customers the convenience of professional device repair and maintenance carried out by certified technicians using industry-grade equipment. Underscoring HONOR's commitment to innovation and customer satisfaction, the store also features exclusive promotions on flagship products such as the HONOR Magic V3, HONOR Magic7 Pro, and HONOR MagicPad 2, creating a unified destination for discovery, service, and support under one roof. The HONOR Authorized Experience Store & Service Centre officially opened its doors on May 23, 2025, with various activities and lucky draws and so on, inviting celebrities from all walks of life to join in the fun. In addition to activities, the store will offer a variety of service promotions. These include a free screen protector and art back film for any model, free laser engraving on HONOR mobile phones, and complimentary cleaning, maintenance, and system upgrade services for HONOR phones. There will be no labour costs for service maintenance on HONOR mobile phones, and customers will receive free accessories or small gifts upon the completion of service work orders. The store is conveniently located on Tawi Shouf St., Al Nahyan, Abu Dhabi and will operate regular hours – from 10:00 AM –10:00 PM from Monday to Sunday.

RHB unveils Progress27 roadmap to chart next course of growth
RHB unveils Progress27 roadmap to chart next course of growth

New Straits Times

time09-05-2025

  • Business
  • New Straits Times

RHB unveils Progress27 roadmap to chart next course of growth

KUALA LUMPUR: RHB Bank Bhd unveiled its new three-year strategic roadmap at its shareholders' meeting on Thursday. The new Progress27 roadmap charts the course for future growth after RHB delivered a commendable net profit of RM3.1 billion for the financial year ended Dec 31 2024 (FY2024) that marked an 11.2 per cent year-on-year increase. The roadmap is anchored on service excellence, high profitability and a continued commitment to being a responsible and purposeful financial services group. "Together We Progress 24 (TWP24) corporate strategy has laid a solid foundation for us, as we embark on our next chapter with Progress27. "Our focus remains firmly on delivering long-term value to all stakeholders," said RHB chairman Tan Sri Ahmad Badri. Meanwhile, the group said its strong FY2024 performance was driven by solid growth in total income and strong cost discipline. Total income rose 10.7 per cent to RM8.6 billion, while return on equity improved to 10.04 per cent. The group's capital position remains solid, with a common equity tier-1 ratio of 16.4 per cent and total capital ratio of 19 per cent. In recognition of its strong performance, RHB declared a total dividend of 43 sen per share for FY2024, translating into a 60.1 per cent payout ratio and a 6.6 per cent dividend yield. RHB also reaffirmed its commitment to responsible and sustainable finance, raising its sustainable financial services target to RM90 billion by 2027, up from the original RM50 billion by 2026. Since launching its sustainability strategy in 2022, the group has mobilised over RM41 billion, achieving 82 per cent of its initial target. "Under Progress27, our key priorities are to deliver exceptional customer experiences through innovation and seamless digital solutions, achieve high profitability through sustainable growth and operational excellence, and strengthen our role as a responsible and purposeful financial services group," Ahmad Badri said. All resolutions tabled at the meeting were duly passed, including the re-election of Tan Sri Ong Leong Huat @ Wong JooHwa, Datuk Mohamad Nasir Ab Latif, Donald Joshua Jaganathan and Datuk Mohd Rashid Mohamad as members of the board of directors.

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