Press Enter

SEDCO Holding Group Showcases its Riyali Financial Literacy Program’s latest achievements and development at the Riyadh Social Forum

09 Jan 2019

  • Image
No Image

Riyali has reached more than 550 thousand beneficiaries and aims at two million by 2020.

As part of its commitment to social responsibility SEDCO Holding Group participated as the knowledge partner in the 4th iteration of the Riyadh Social Forum, where it presented a review of its highly successful Financial Literary Program, Riyali.

The Riyadh Social Forum was held on the 9th and 10th of January 2019 at the Al-Nakheel Crowne Plaza Hotel in Riyadh under the patronage of HRH Prince Faisal bin Bandar bin Abdul Aziz, Governor of the Riyadh region.

The objective of the forum was to contribute to creating a community whose members and institutions are characterized by social awareness and civility. In addition to presenting the Riyali Financial Literacy Program, SEDCO Holding held two workshops over the two days of the Forum.

During the forum, Abdulrahman Al-Turjuman, Acting Head, Marketing & CSR at SEDCO Holding, gave an overview of Riyali’s experience in successfully spreading financial awareness and the achievements attained by the Program. He covered the journey of Riyali since its inception in 2012 targeting university and high school students, through its digital transition in 2013 when it launched the Riyali mobile phone application. Al-Turjuman also highlighted the launch of Ashbal Riyali, Riyali’s elementary school focused segment, and delved into Rowad Riyali, which was launched in 2016 targeting entrepreneurs. The journey concludes with the latest achievements of collaborating with the Ministry of Education in 2017, and partnering with the Saudi British Bank (SABB) in 2018. To date, the Riyali Program has succeeded in reaching more than 550,000 beneficiaries.

“In addition to the aforementioned, work is underway to develop the Riyali Club Program for universities and an agreement will be made with four universities for the pilot phase to be held during the second semester of the 2018-19 school year,” stated Al-Turjuman. “Through this program, interactive activities and programs will be organized to spread the culture of financial awareness among students. The program will support male and female students interested in developing their skills, abilities and knowledge, and will include various extracurricular programs designed to introduce them to the benefits and importance of financial awareness.

“The Riyali Club will provide students with sustainable programs to enable them to better manage their finances within a culture of financial awareness. To this effect we will provide them with the required tools that will help them make sound financial decisions.”

“There are other programs that are currently under development, including the Ajyal Riyali Program dedicated to middle school students. The pilot phase of this program will be launched in the second semester of the 2018-19 school year in 10 schools before being fully deployed by the Ministry of Education to contribute to the agreement we signed with them to reach two million beneficiaries in 2020.”

On the first day of the forum, a workshop titled ‘Understanding Oneself and Financial Awareness’ was presented by Dr. Salem Bashmail, the trainer of Riyali Financial Literacy Program ambassadors, in which he dealt with the human understanding that the heart drives everything that we perform. Dr. Bashmail said that knowledge of the heart as the motivational driver helps answer the questions of why one performs a particular act, and helps us understand the reasons that make people save money, in addition to encouraging people to achieve the best results, which is the first step towards realizing successful financial practices.

On the second day, Dr. Bashmail presented a workshop about ‘The Right Behavior Towards Money’ which addressed tools that a person may use to manage his financial behavior. These tools help achieve financial awareness, financial planning, saving, investment, borrowing and wealth.

From its inception, Riyali has developed a solid reputation and has been a catalyst for attracting a wide range of partnerships geared to bringing financial literacy to everyone. Riyali soon became well known and attracted the attention of the Ministry of Education. The MoE has offered valuable support in spreading the program to all cities and students at all levels in Saudi Arabia. It has also invested in training school teachers to facilitate the incorporation of Riyali into the educational system and sponsors the recognition of educators for their performance and support. Riyali today represents the collective efforts of partners who add value to the continued growth and success by expanding the program to new frontiers.

Most recently, SABB, a part of HSBC, partnered with SEDCO’s Riyali initiative instead of establishing its own financial literacy program and has pledged financial support to push the program more widely.

Related article

Instagram feed

  • Marketers from across SEDCO Group discussing new trends, sharing knowledge and plans for 2020 during #SEDCO_Marketing_Forum

فرق التسويق من شركات مجموعة سدكو تناقش التحول الرقمي وتستعرض الإنجازات والخطط لعام 2020 خلال #ملتقى_سدكو_للتسويق
  • We participated as a golden sponsor at King Faisal’s Exhibition in London, on the 100th anniversary of his historic trip to Europe and the signing of the Versailles Treaty.
#SEDCOHolding

مشاركتنا كراعي ذهبي في افتتاح معرض الملك فيصل -رحمه الله- في لندن، وذلك بمناسبة مرور 100 عام على رحلة الملك فيصل التاريخية إلى أوروبا وتوقيع معاهدة فرساي.
#سدكو_القابضة
  • We held a workshop titled “Digital Transformation: Consideration and Mistakes” which was given by @gartner_inc for all Operating Companies CEOs as part of SEDCO Holding’s Digital Awareness Initiative.
#SEDCOHolding

أقمنا ورشة عمل بعنوان "التحول الرقمي: الاعتبارات والأخطاء" لجميع الرؤساء التنفيذيين في شركات المجموعة، كجزء من مبادرات التوعية الرقمية التي نقوم بها في سدكو القابضة.
#سدكو_القابضة
  • #SEDCOVolunteeringDay is our contribution to the #InternationalVolunteerDay and it’s all about working together as a community to draw a smile on the faces of those who need it the most.
Partaking in various community-focused events for the third year in a row, which included enticing kids to read and teaching them financial literacy, packing and serving meals, and refurbishing and furnishing a public housing residential unit. We are proud to have achieved this in collaboration with various charities, supporting more than 400 beneficiaries.

تزامنًا مع #يوم_التطوع_العالمي أقمنا #يوم_سدكو_التطوعي للتشجيع على تقديم العون والتعاون لرسم الابتسامة على وجه كل محتاج.
ركزنا هذه السنة على عدة مبادارات تشمل تعزيز القراءة والوعي المالي عند الأطفال، وتعبئة وجبات الطعام وتقديمها بالإضافة إلى تجديد وتأثيث وحدة سكنية عامة، وذلك بالتعاون مع عدد من الجمعيات الخيرية لدعم أكثر من 400 مستفيد.
  • الأشخاص من ذوي الاحتياجات الخاصة جزء عزيز علينا من المجتمع، ولا يختلفون عن الآخرين في أحلامهم وإنجازاتهم. لذا، يجب احترام مشاعرهم وحقوقهم في الطريق والأماكن العامة ليمارسوا حياتهم بشكل طبيعي.
وبمناسبة اليوم الدولي للأشخاص ذوي الاحتياجات الخاصة، نشارككم بعض النصائح البسيطة للتعامل السليم معهم.

#اليوم_العالمي_للأشخاص_ذوي_الاعاقة
#اليوم_العالمي_للاعاقه
#InternationalDayOfPersonsWithDisabilities
  • ‎بمناسبة الذكرى الخامسة للبيعة المباركة، تتشرف سدكو القابضة برفع أطيب التهاني والتبريكات إلى مقام خادم الحرمين الشريفين الملك سلمان بن عبدالعزيز آل سعود وإلى الأسرة المالكة الكريمة والشعب السعودي الحبيب، متمنين لبلادنا دوام التقدم والازدهار تحت ظل مليكنا الغالي وقيادتنا الحكيمة. ‎#سدكو_القابضة
  • #Movember is the most important annual event to educate and encourage men to have a prostate examination. Checking on your health and testing is the biggest favor you can do for yourself.
Check now and put your mind at ease.

#موفمبر هو المناسبة السنوية الأهم لتوعية وتشجيع الرجال على فحص البروستات. الاطمئنان على صحتك وإجراء الفحص هو أكبر خدمة تقدمها لنفسك.
افحص الآن وريّح بالك.
  • We held a lecture at #SEDCOHolding titled “Do you want to start your own business?” for its employees that was presented by Marwan Bukhari Director of Real Estate Investments at Methak Holding. 
As part of the "Lunch & Learn” program that aims to raise awareness and knowledge for all individuals in our group.
#lunchandlearn

أقمنا في سدكو القابضة ندوة بعنوان "هل ترغب في تأسيس مشروعك؟" من قبل مروان بخاري رئيس قسم الاستثمارات العقارية في ميثاق القابضة

ضمن سلسلة "غدوة وندوة" ‪ الهادفة لزيادة ثقافة أفراد المجموعة  #سدكو_القابضة #غدوة_وندوة
  • Smiling creates happiness!
#SEDCOSmileDay 😊😁😃😆😄
#SEDCO #Smile
#smilemore

الابتسامة تخلق السعادة!
#يوم_ابتسامة_سدكو 😊😁😃😆😄
#سدكو  #ابتسم
  • We encourage everyone to follow a healthy lifestyle and exercise to reduce the risk of developing Diabetes.
Visit any Nahdi Pharmacy to check-up and learn more. 
Together for a healthier life.

#diabetes #diabetesawareness #sedco #unbod #nahdi

نشجع الجميع على اتباع نمط حياة صحي وممارسة الرياضة للحد من خطر الاصابة بمرض السكري.
قم بزيارة ركن السكري في فروع صيدليات النهدي للكشف ومعرفة المزيد. 
معًا لصحة أفضل.

#السكري #سدكو #انبض #النهدي

@nahdihope
  • We went #cycling in #Jeddah Corniche 🔥 🚴

Which was a part of #Unbod program, encouraging a healthy lifestyle for all team members at SEDCO.

تستمر رحلتنا مع الدراجات في كورنيش جدة 🔥 🚴

كجزء من برنامج انبض الذي يعزز الاهتمام بأسلوب حياة صحي لجميع أفراد عائلة سدكو

#جدة #الكورنيش
  • #SEDCOHolding held a lecture titled “Would you marry a robot?” to promote digital literacy for its employees that was presented by Abdulrahman AlTurjuman Head of the Marketing & CSR Department at SEDCO Holding. This was a part of the "Lunch & Learn” program that aims to raise awareness and knowledge on the different aspects of investment for all individuals in our group.

أقمنا في #سدكو_القابضة ندوة بمسمى "تتزوج من روبوت؟" لتعزيز الثقافة الرقمية من قبل عبدالرحمن الترجمان رئيس قسم التسويق والمسؤولية الإجتماعية في سدكو القابضة، وكان ذلك من ضمن برنامج ‪غدوة وندوة الهادف على نشر السلسلات التوعوية المختلفة وزيادة ثقافة أفراد المجموعة. 
#lunchandlearn