RIYADH – SABB and Haji Husein Alireza & Company Limited celebrated their 50th year of banking partnership during a commemorative event held recently at SABB's head office in Riyadh. The function was attended by Ali Alireza, Managing Director of Haji Husein Alireza & Company; Khaled Olayan, Chairman of the Board of Directors, SABB; Fouad Bahrawi, Board Member, SABB; David Dew, Managing Director, SABB; and senior members of SABB's management teams. Olayan handed over a commemorative plaque during the event and applauded Haji Husein Alireza for the special relationship that has withstood the test of time. He said that during the course of 50 years, both companies have experienced levels of growth, and as always, SABB could always be relied on as a strong banking partner. He expressed his confidence that the relationship is strong and firmly structured to continue in the future for the benefit of both sides. Ali Alireza thanked SABB for this recognition and said he was indeed proud of this milestone and considers SABB a true business partner. He noted that their diverse business operation compels them to maintain ties with several banks, yet their dealings with SABB had always been consistently cordial and supportive. Dew said "SABB believes in nurturing partnerships, built on strong relationship values. This has been a fruitful partnership, with both institutions growing tremendously over the years. I look forward to seeing many more milestones in this relationship in the future." – SG