Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Panasonic joins Sabic's ‘Home of Innovation'
Published in The Saudi Gazette on 05 - 10 - 2015

JEDDAH — Panasonic Marketing Middle East & Africa has joined SABIC's unique Home of Innovation growth initiative that combines marketing, innovation and technology to create demand and grow business on a local, regional and global level. The initiative, which connects SABIC with industry-leading companies like Panasonic, helps to identify market needs and develop innovative solutions.
Panasonic is one of the 40 global, regional and local manufacturing companies that SABIC is entering into a strategic marketing relationship to promote the introduction of industry-leading technology into Saudi Arabia and the Middle East region.
“We look forward to collaborating with these companies to seek cost-effective, high-performance solutions that meet customer needs and increase demand for the design, manufacturing and purchase of new products in the Kingdom,” said Awadh Al-Maker, Executive Vice President, Technology and Innovation, SABIC.
As part of the initiative, SABIC's Home of Innovation facility in Riyadh's Techno Valley will be a place for inspiration and collaboration with a Demonstration Home on modern, comfortable and sustainable living and a Collaboration Center for visitors to discuss global challenges and seek partnership opportunities, or explore innovative products and materials among several key markets.
According to Tatsuya Kumazawa, Director, Eco Solutions Category, Panasonic Marketing Middle East & Africa, “innovation to promote sustainable living concepts is at the very essence of our business, so SABIC's Home of Innovation initiative resonates with us and we are proud to be part of it. As the Kingdom of Saudi Arabia and other Middle Eastern countries increasingly commit to sustainable policies in various industry sectors like construction and energy, we are able to support these industries with our innovative, energy saving and environment friendly solutions for B2B and B2C sectors.”
Panasonic's line up of unique sustainable solutions include LED lighting, refrigerators and air purifiers with ECO NAVI solution to conserve energy, intelligent LCD TV screens and cooking appliances with sensor technology to save energy. Globally, Panasonic leads the way in smart townships with its much acclaimed Fujisawa Sustainable Smart City, a smart town with 1,000 households where actual lifestyle-based innovative systems will continue to bring energy in every aspect of people's lives in terms of energy, security, mobility, healthcare, community and also in emergencies.
“SABIC is committed to enabling downstream industry development in the Kingdom and region, and Home of Innovation provides a unique platform to engage the local market,” said Tymon Moore, marketing director, Middle East & Africa at SABIC. “We look forward to exploring long-term, mutual growth opportunities to help advance the local and regional economy.”
Through the initiative, SABIC engaged companies that demonstrated an interest in growing their business in the Kingdom and Middle East region. Additional qualities included a respected and recognized brand, a desire to engage with SABIC strategically, and innovative yet commercially-available systems or products.
Participating companies self-selected among three engagement levels – Leadership, Performance and Program – which afford varying degrees of regional exposure, business opportunities, industry connections and market insight. Panasonic was selected under the Programme level.
Representing the Middle East, Europe, Asia and Americas, participating companies illustrate the global, regional and local representation sought by the Home of Innovation initiative. — SG


Clic here to read the story from its source.