Dear Partners, Friends and Colleagues,

Halfway through the year, as we approach the start of the second half of the year, we would like to thank our valued clients and suppliers for their continued support, and we are proud of the steps we are taking towards our goals for this year, with Digital transformation, a new SETRA, a Digital SETRA, and the alliance of SETRA with  the Kingdom’s Vision 2030, creating momentum to thrive and achieve our goals by being one of the leaders in our respective fields.

From a legal perspective, a country’s desire to develop its business environment, encourage investment and accelerate economic development should also include a review of the rules and performance of the judicial system.

The Ministry of Justice has made good progress in reviewing and reforming the efficiency of legal and judicial systems in Saudi Arabia in the recent years. However, given the far-reaching and ambitious objectives of Vision 2030, further reforms will ensure that the legal infrastructure in Saudi Arabia is sufficiently robust to deal with the increased activity in the economy both from local and foreign investors. Further reforms are likely to codify Sharia law to unify court judgments, review and update existing laws and regulations, ensure the implementation of these laws in the courts, and the recruitment and training of highly skilled judges and administrative staff. With these and further reforms envisaged, the reformed legal system in Saudi Arabia will provide the judicial infrastructure for Vision 2030 to be achieved.

On a final note, I would like to thank once again everyone at SETRA who have carried out the company’s core values and are adapting to the changes and reforms that the Kingdom is conducting during these times, proving SETRA’s ability to overcome challenges and change. What remains for me, and on behalf of the management team, is to send our best wishes for this holiday, and a Happy Eid to you and your loved ones.

Best Regards,

Mohammed Al Tayash

Group Legal Consultant

 

OPCOM Meeting
The long awaited come back to In-Person OPCOM - Operating Committee Meetings at SETRA, since March 2020, where meetings were done online. This month the management operating committee engaged in a full day meeting at the Intercontinental Hotel in Riyadh to discuss strategic and tactical issues to advance SETRA's key strategies around customer first, profitable growth, One- SETRA and our people.

 
 

DualGuard-S Central battery emergency lighting system by Eaton

SETRA is proud to announce that we are providing the Saudi market with the all-new central battery emergency lighting system from Eaton.

The DualGuard-S central battery system supplies safety and escape sign luminaires with reliable power (230 V AC/220 V DC), automatically checks itself and monitors each of the connected CG-S luminaires (up to 20 per circuit) directly via the supply cable.

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Hirschmann GREYHOUND 105/106 Ethernet Switches
Our partners at
Belden launched the Hirschmann GREYHOUND 105/106 family of switches  in Q2 2022 which delivers fast, secure, cost-effective and future-proof connectivity for modern industrial environments. Depending on network size, the GREYHOUND switches are multipurpose and highly configurable - serving at the backbone or aggregation layer. With a unique combination of high port density and Gigabit Ethernet speeds – all within a small form factor – these switches are ideal for any industrial application requiring high performance or security.

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Pros & Cons of Robotic Process Automation (RPA)

If you polled a class of kindergartners today and asked them what they want to do when they grow up, it’s doubtful that any of them would say “data entry.” However, many adults nonetheless spend hours entering data and performing other mind-numbing tasks.

Fortunately, technology has evolved to the point that humans no longer need to devote their days to repetitive labor. Instead, they can delegate it to robotic process automation (RPA) software.

With the development of RPA solutions, businesses can now let bots take over mundane activities, allowing human employees to focus on strategic projects. Overall, there’s incredible potential to boost productivity and efficiency while driving organizational growth.

 
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SETRA - Saudi Electronic Trading and Contracting Company

Riyadh Office

As Sulimaniyah

T +966 11 206 3377

PO Box 60712, Riyadh 11555

Saudi Arabia

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