Swiss MGI Group Gives Training Course for Al-Ghazali Employees in Jeddah

Swiss MGI Group Gives Training Course for Al-Ghazali Employees in Jeddah
TT

Swiss MGI Group Gives Training Course for Al-Ghazali Employees in Jeddah

Swiss MGI Group Gives Training Course for Al-Ghazali Employees in Jeddah

Sponsored by Executive Manager of Al Ghazali Trading Company Abdul Latif Bin Mohammed Al Abdullatif, and Regional Sales Director MENA & Sub Continent India of MGI Abdullah Muafaq, the Swiss MGI Group organized a training course for the employees of Al Ghazali Trade attended by a number of vendors and officials of branches and maintenance centers.

Al Ghazali Trade is the official representative of “Ebel” and “Concord” watches in Saudi Arabia.

During the training course, Muafaq reviewed the latest “Ebel” and “Concord” watches which will soon launch at the Basel Exhibition 2018 in late March.

He also gave a detailed presentation of the new high-quality products covering groups of all ages and fitting gender tastes, which will be an important addition to the world of elegant watches.

Muafaq praised the level of Al Ghazali Exhibitions regarding the beauty of their decorations, and the uniqueness of the commercial centers the company chooses for them. He also praised the company’s leading role in increasing “Ebel” and “Concord” watches’ sales in the Saudi market and improving after-sale services.

“We are keen on bringing our latest models in the Saudi market as soon as they are viewed in Basel due to its particular importance for us,” Muafaq said on the significance of the Saudi market.

Muafaq complimented the Al Ghazali Trade efforts aiming to increase and support “Ebel” and “Concord” watches’ sales in the Saudi market.

“We in MGI Group thank you for the dedicated partnership between us. And we look forward to continuing and supporting this partnership,” he said.

Al Ghazali’s executive director welcomed Muafaq saying: “We share a renown partnership with this prestigious company that extends for many years.

“Thanks to the united efforts with MGI group, “Ebel” and “Concord” watches’ sales have recently witnessed a considerable growth. Mainly because of their modern designs that combine nobility, authenticity, precision and accuracy. As well as the after-sale services they provide through specialized maintenance centers.”



Bitcoin Soars Past $109,000 Ahead of Possible Early Action on Crypto by Trump

FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
TT

Bitcoin Soars Past $109,000 Ahead of Possible Early Action on Crypto by Trump

FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry bets he'll take action soon after returning to the White House.
Once a skeptic who said a few years ago that bitcoin “seems like a scam,” Trump has embraced digital currencies with a convert’s zeal. He's launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the US into the “crypto capital” of the world.
His promises including creating a US crypto stockpile, enacting industry-friendly regulation and event appointing a crypto “czar” for his administration.
“You’re going to be very happy with me,” Trump told crypto-enthusiasts at a bitcoin conference last summer.
Bitcoin is the world’s most popular cryptocurrency and was created in 2009 as a kind of electronic cash uncontrolled by banks or governments. It and newer forms of cryptocurrencies have moved from the financial fringes to the mainstream in wild fits and starts.
The highly volatile nature of cryptocurrencies as well as their use by criminals, scammers and rogue nations, has attracted plenty of critics, who say the digital currencies have limited utility and often are just Ponzi schemes, The Associated Press reported.
But crypto has so far defied naysayers and survived multiple prolonged price drops in its short lifespan. Wealthy players in the crypto industry, which felt unfairly targeted by the Biden administration, spent heavily to help Trump win last November’s election. Bitcoin has surged in price since Trump's victory, topping $100,000 for the first time last month before briefly sliding down to about $90,000. On Friday, it rose about 5%. It jumped more than $9,000 early Monday, according to CoinDesk.
Two years ago, bitcoin was trading at about $20,000.
Trump’s picks for key cabinet and regulatory positions are stocked with crypto supporters, including his choice to lead the Treasury and Commerce departments and the head of the Securities and Exchange Commission.
Key industry players held a first ever "Crypto Ball” on Friday to celebrate the first “crypto president." The event was sold out, with tickets costing several thousand dollars.