海角直播

Social Development Bank, Jahez Group back startups with SR10m fund

Social Development Bank, Jahez Group back startups with SR10m fund
Ghassab Al-Mandeel, CEO of Jahez Group
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Updated 04 February 2025

Social Development Bank, Jahez Group back startups with SR10m fund

Social Development Bank, Jahez Group back startups with SR10m fund

海角直播鈥檚 Social Development Bank successfully concluded a training camp for the Jahez Social Responsibility Portfolio, which took place over five days at the Dulani Business Center in Riyadh.

The camp resulted in supporting 20 entrepreneurial projects with a total financing of SR10 million ($2.7 million) and a funding ceiling of SR500,000 per project, drawn from the overall SR30 million value of the Jahez Social Responsibility Portfolio.聽

SDB managed the portfolio by conducting feasibility studies, disbursing funds, and overseeing project progress to ensure their long-term sustainability. This integrated model is designed to empower entrepreneurs and foster a thriving startup ecosystem.

Throughout the camp, participants received extensive training in essential business skills, including economic feasibility studies and investment proposal presentations, equipping them with the knowledge and confidence needed to successfully enter the market.聽

The initiative is part of a strategic partnership with Jahez, to strengthen public-private sector collaboration, drive sustainable development, and empower entrepreneurs in the fast-growing logistics sector.

Sultan Al-Hamidi, CEO of SDB, said: 鈥淭he Jahez Social Responsibility Portfolio is not merely a financing tool but a comprehensive development framework aimed at fostering innovation and entrepreneurship among Saudi youth. Through our management of this portfolio, we are committed to creating a lasting economic impact, generating real opportunities for ambitious entrepreneurs. The Jahez camp was a bright beginning to a journey of contribution and accomplishments, where each supported project contributes to building a sustainable economy and a brighter future.鈥

Ghassab Al-Mandeel, CEO of Jahez Group, said: 鈥淥ur partnership with SDB embodies our dedication to empowering entrepreneurs by providing them with the necessary financial and operational support. This initiative aims to accelerate the growth of the logistics sector as a key driver of the national economy, while fostering innovation through pioneering projects aligned with Saudi Vision 2030. Each training phase within the camp has been a crucial step toward turning promising ideas into viable, sustainable businesses.鈥

SDB launched a pioneering social responsibility portfolio, offering a structured framework for companies to effectively contribute to community development and sustainable growth. Jahez was the first partner in this initiative, committing an initial SR30 million to the portfolio.


Leading European group GKSD buys stake in Riyadh鈥檚 SURGCA center

Leading European group GKSD buys stake in Riyadh鈥檚 SURGCA center
Updated 29 October 2025

Leading European group GKSD buys stake in Riyadh鈥檚 SURGCA center

Leading European group GKSD buys stake in Riyadh鈥檚 SURGCA center

Hospitality Healthcare Holdings Italy, a company owned by GKSD Srl, a leading Italian group, has signed an agreement to acquire a controlling stake in SURGCA, a state-of-the-art day surgery and ambulatory care center in Riyadh. This strategic acquisition marks HHH and GKSD鈥檚 entry into the Saudi healthcare sector. The agreement will initiate a long-term investment program exceeding SR1 billion ($266.6 million), fully aligned with the objectives of Saudi Vision 2030 to enhance healthcare infrastructure and services.

SURGCA is renowned for its advanced surgical and outpatient care, offering high-quality, patient-centric services. Through this acquisition, GKSD will expand its footprint in the Kingdom by developing a network of specialized healthcare facilities focused on clinical excellence, innovative treatment protocols, and cutting-edge technology supporting longevity and health. The initiative underscores GKSD鈥檚 commitment to elevating healthcare standards, promoting longevity, and improving quality of life through advanced medical care. 

GKSD manages a diverse portfolio of operating companies in Italy, which generates added value for its stakeholders by leveraging on its unique know-how. GKSD also holds stakes in American Heart of Poland and Scanmed, making it one of the largest private healthcare groups in Poland. The group focuses on a number of sectors including healthcare, real estate, engineering, energy, environmental technologies and healthcare advisory services.

GKSD鈥檚 shareholders include Gruppo San Donato, Italy鈥檚 largest private healthcare group and the leading European healthcare group specializing in acute care, medical education and research. With 150+ medical sites and facilities, world-leading teaching and research hospitals having over 900 patents, a university (Vita Salute San Raffaele University with 22 masters鈥 programs and PhD level education) as well as medical research ranking top 10 globally, GSD is the pioneer of gene and cell therapy globally. It has led many firsts in bio innovation. The group treats over 6.4 million patients in a year and employs over 27,000 medical professionals.

鈥淭his acquisition represents a pivotal step in our mission to support 海角直播鈥檚 healthcare transformation. I am a strong believer of Saudi Vision 2030 and am delighted that we have taken our first step into the Kingdom. In line with Saudi Vision 2030, the aim is to increase life expectancy and boost a healthy and thriving society in the Kingdom of 海角直播 and beyond,鈥 said Kamel Ghribi, chairman of Gruppo GKSD, chairman of the board of American Heart of Poland and vice president of Gruppo San Donato. 鈥淏y integrating international expertise with local talent, we aim to set new benchmarks in patient care, contributing to a healthier future for the Kingdom and healthier life through our longevity and regenerative medicine protocols supported with cutting-edge research, advanced diagnostics and AI-enabled technology. We remain committed to developing the skillset of Saudi professionals in the field of healthcare and introducing protocols that promote longevity and well-being.鈥

鈥淲e are proud to welcome GKSD Srl as a strategic partner in our journey to advance healthcare in the Kingdom of 海角直播,鈥 said Chairman of the Board of SURGCA Dr. Hisham Abdullah Albabtain. 鈥淭his milestone marks a significant chapter for SURGCA as we join forces with one of Europe鈥檚 leading healthcare groups to bring world-class expertise, cutting-edge innovation, and global standards of excellence to the Saudi healthcare ecosystem. With this partnership, we aim to scale our impact, accelerate access to advanced diagnostics, treatments, and contribute meaningfully to the goals of Vision 2030. We are especially excited about the opportunity to empower local talent and help shape the future of healthcare delivery in the region.鈥

The investment reinforces GKSD鈥檚 dedication to sustainable healthcare growth, leveraging research, early stage disease detection protocols, and technology to meet the evolving needs of patients in 海角直播 and beyond.

The stake in SURGCA was acquired from Swellness 46, the company representing the existing shareholders. Swellness 46 was advised by BMG Financial Group, 海角直播, while Al-Tamimi and Company acted as legal advises for GKSD.


Global Health Exhibition 2025: Burjeel Holdings unveils future of intelligent and compassionate healthcare

Global Health Exhibition 2025: Burjeel Holdings unveils future of intelligent and compassionate healthcare
Updated 29 October 2025

Global Health Exhibition 2025: Burjeel Holdings unveils future of intelligent and compassionate healthcare

Global Health Exhibition 2025: Burjeel Holdings unveils future of intelligent and compassionate healthcare

Burjeel Holdings, a leading super-specialty healthcare services provider in the Middle East and North Africa region, unveiled a suite of advanced artificial intelligence solutions at the Global Health Exhibition 2025 in Riyadh, underscoring its commitment to transforming patient care and advancing 海角直播鈥檚 healthcare ecosystem.

During the opening ceremony, Minister of Health Fahad Abdulrahman Al-Jalajel felicitated Dr. Shamsheer Vayalil, founder and chairman of Burjeel Holdings, for the group鈥檚 initiatives that advance healthcare transformation in line with 海角直播鈥檚 Vision 2030.

Integrating care and intelligence

Under the theme 鈥淐are and Intelligence 鈥 World-Class Healthcare for the Kingdom,鈥 Burjeel Holdings is showcasing how technology, data, and empathy converge to redefine healthcare experiences. The group is demonstrating a new generation of AI-driven innovations designed to elevate patient outcomes, streamline clinical workflows, and support wellness through personalized, data-informed care models.

鈥淭he Global Health Exhibition provides an important platform to demonstrate how care and intelligence can come together to reshape the healthcare experience. With these integrated AI-driven healthcare innovations, we are building a smarter, more compassionate healthcare future that meets the evolving needs of our patients and communities. Our goal is to seamlessly blend cutting-edge technology with human-centered care to elevate health outcomes and quality of life across the region,鈥 said Safeer Ahamed, co-CEO of Burjeel Holdings.

The newly introduced AI solutions span a wide spectrum of applications, from digital rehabilitation platforms that enable patients to undergo guided physiotherapy from home to intelligent surgical systems that connect specialists virtually to perform and supervise procedures in real time. These innovations combine clinical expertise with automation and analytics to ensure accuracy, safety, and accessibility in every phase of care.

Another key innovation focuses on predictive and personalized health management. Through data modeling and biomarker analysis, the group鈥檚 new digital health platforms can identify early risks, optimize preventive care, and generate tailored lifestyle and nutrition insights. This approach allows clinicians to transition from reactive to proactive care models, improving health outcomes and patient satisfaction.

Advancing personalized, preventive, and mental health solutions

In musculoskeletal and rehabilitation care, Burjeel Holdings continues to deploy personalized and digital therapeutics that deliver home-based physiotherapy and pain management programs. These solutions use real-time monitoring to ensure continuous recovery support and data-driven therapy optimization.

In specialty and complex care, the group continues to advance precision medicine through diagnostic and therapeutic programs that leverage molecular and clinical data. Collaborations with international partners and ongoing clinical trials are helping bring personalized treatments and innovative therapies to patients across the region. 

To promote holistic health and longevity, Burjeel Holdings is introducing digital platforms that combine genetic, biomarker, and lifestyle data to provide actionable insights and personalized recommendations for nutrition, fitness, and preventive care. Complementing these initiatives, the group is integrating empathetic AI-powered companions that support mental and emotional well-being through guided assistance and culturally attuned digital engagement. 

Across its facilities, the group is also integrating generative AI tools that improve clinical workflows and communication between patients and care teams. These intelligent systems enhance efficiency, safety, and patient experience, reflecting the group鈥檚 vision to make healthcare more connected, compassionate, and data-driven.

Since entering the Kingdom three years ago, Burjeel Holdings has evolved from a regional healthcare leader to a trusted local partner. Its brands, including PhysioTherabia and Al-Kalma, have established a strong presence across wellness and mental health services. Al-Kalma鈥檚 recent acquisition of a leading mental health facility in Riyadh further underscores the group鈥檚 dedication to expanding access to emotional and psychological support. Burjeel Holdings is also preparing to open two new day surgery centers in Riyadh and Alkhobar under its Burjeel One brand, offering world-class outpatient and same-day surgical care.

These innovations reflect Burjeel Holdings鈥 vision of building a more connected, efficient, and patient-centric healthcare ecosystem across the Kingdom. The solutions are being integrated within the group鈥檚 expanding network across the region to improve access, enhance clinical training, and reduce the burden of chronic and lifestyle-related diseases. These developments reinforce the group鈥檚 role as a key contributor to 海角直播鈥檚 efforts to localize advanced healthcare capabilities and expand digital health infrastructure.


Korea Town embarks on regional expansion, targeting 50 branches by 2027

Korea Town embarks on regional expansion, targeting 50 branches by 2027
Updated 29 October 2025

Korea Town embarks on regional expansion, targeting 50 branches by 2027

Korea Town embarks on regional expansion, targeting 50 branches by 2027

Korea Town, the prime destination for Korean beauty in Kuwait and the wider Gulf, has announced a major regional expansion plan, aiming to open 50 branches across the GCC by the end of 2027.

The announcement comes as Korea Town officially joins forces with Boutiqaat Group for Perfumes and Cosmetics, a leading name in e-commerce and digital retail in the region. Operating under the 鈥淧owered by Boutiqaat鈥 model, Korea Town is set to accelerate its growth by leveraging Boutiqaat鈥檚 advanced infrastructure, logistics, and digital capabilities.

Shahad Al-Terkait, public relations manager at Korea Town, said: 鈥淭he expansion aligns with the reveal of Korea Town鈥檚 newly redesigned branch at The Gate Mall, offering shoppers an elevated retail experience that blends innovation with authentic Korean beauty culture.鈥

He added: 鈥淲ith a portfolio of over 250 Korean beauty brands, Korea Town continues to strengthen its position as the Gulf鈥檚 go-to hub for K-beauty, with its extensive selection spanning skincare, haircare, cosmetics, accessories, and cutting-edge lifestyle trends, ensuring consumers across the region enjoy direct access to the latest innovations from Korea.鈥

The expansion amplifies Korea Town鈥檚 long-term vision of becoming a cornerstone of the Gulf鈥檚 beauty retail landscape 鈥 setting new benchmarks for growth, innovation, and consumer engagement.


Tawuniya and Meena showcase next-gen healthcare solutions at Global Health Exhibition

Tawuniya and Meena showcase next-gen healthcare solutions at Global Health Exhibition
Updated 28 October 2025

Tawuniya and Meena showcase next-gen healthcare solutions at Global Health Exhibition

Tawuniya and Meena showcase next-gen healthcare solutions at Global Health Exhibition

Tawuniya, the largest insurer in the Middle East and North Africa region, and its subsidiary Meena Healthcare, is participating in the Global Health Exhibition, taking place at the Riyadh Exhibition and Convention Center from Oct. 27鈥30. As a premier platform converging healthcare leaders, innovators, and policymakers from around the world to drive conversations and action on the future of care, the event enables the company to demonstrate its pivotal role at the forefront of this transformation.

As an insurance powerhouse, Tawuniya is showcasing its cutting-edge population health and digital integrated healthcare solutions at the event, while highlighting 海角直播鈥檚 advancements in digital health and reinforcing the Kingdom鈥檚 position as a hub for healthcare innovation.

At their booth, Tawuniya and Meena provide visitors with a unique opportunity to explore and experience their integrated healthcare solutions, built on a strategic pivot from reactive to proactive care. Featured offerings include the advanced population health and occupational health platforms, the virtual case manager, and the proactive health assessment program, each designed to enable prevention, prediction, and personalized intervention tailored to each customer鈥檚 needs.

Mohammad Alsaaed, CEO of health sector at Tawuniya, said: 鈥淲e are proud to join the Global Health Exhibition and demonstrate our commitment to building an integrated healthcare ecosystem centered on proactive care within 海角直播. This strategic shift is guided by our vision to enhance the well-being of the population and our mission to nurture a healthy and productive workforce across the Kingdom, in alignment with the Quality of Life Program under Saudi Vision 2030.鈥

鈥淏y leveraging advanced digital tools and next-generation technologies such as data analytics and research and development, we are enabling a future where prevention is prioritized, risks are predicted before they escalate, and chronic conditions are managed with precision. Through these efforts, we are striving to set a new benchmark and a global standard of excellence in population health,鈥 he added.

Tawuniya will also seize the opportunity to engage with global leaders, explore potential business opportunities, and unlock impactful partnerships, enabling the company to propel 海角直播鈥檚 digital health leadership and contribute to the goal of transforming the Kingdom into an ideal destination for healthcare investment and innovation.

The Global Health Exhibition 2025 in Riyadh has become a definitive stage where healthcare innovation meets commercial opportunity, attracting over 1,000 global presenters, 1,500 exhibitors, and leading investors. Over four days, the event will convene international healthcare leaders to shape the future of the industry, spotlighting the policies, technologies, and investments transforming the sector.


ALJ Motors, Toyota conclude hydrogen mobility pilot at PNU

ALJ Motors, Toyota conclude hydrogen mobility pilot at PNU
Updated 28 October 2025

ALJ Motors, Toyota conclude hydrogen mobility pilot at PNU

ALJ Motors, Toyota conclude hydrogen mobility pilot at PNU

Abdul Latif Jameel Motors, the authorized distributor of Toyota vehicles in 海角直播 since 1955, together with Toyota Motor Corporation and Toyota Tsusho Corporation, have officially announced the conclusion of a hydrogen mobility pilot in collaboration with the Engineering College at Princess Nourah University and supporting entities. The pilot program is part of an MoU signed between the Ministry of Energy and PNU for the implementation and deployment of pilot projects for hydrogen fuel cell vehicles.

As part of the five-day pilot program, four Toyota Mirai fuel cell electric vehicles were deployed to the PNU campus. Three of the vehicles operated as student shuttles along a designated route, and a fourth Mirai was made available for on-demand test drives by faculty members, allowing the university community to engage directly with the next generation of clean transport technology.

Mazin Ghazi Jameel, managing director of Toyota marketing operations, Abdul Latif Jameel Motors, said: 鈥淭his pilot reflects our commitment to supporting the Kingdom鈥檚 journey toward cleaner, safer, and more inclusive mobility in line with Saudi Vision 2030. This project demonstrates the potential and operational readiness of FCEV technology in delivering long-term societal value.鈥

Nobuyuki Takemura, chief representative of the Middle East regional office, Toyota Motor Corporation, said: 鈥淭oyota is proud to bring to Riyadh its first practical demonstration of hydrogen mobility with valued partners in industry, government, and academia. This project reflects our collaborative, multi-pathway approach to achieving carbon neutrality by building on the Kingdom鈥檚 strengths in clean energy production. By engaging directly with students at Princess Nourah University, we are testing the feasibility of wider FCEV deployment while inspiring the next generation to help shape 海角直播鈥檚 sustainable future.鈥

Saud Alsultan, deputy general manager of Toyota Tsusho Corporation, 海角直播, said: 鈥淲e are delighted to announce the success of this hydrogen mobility trial. For the past few years, Toyota Tsusho has been working to advance hydrogen mobility in 海角直播, and this achievement marks an important milestone toward a hydrogen-powered future in the Kingdom. We will continue our efforts to make this vision a reality, working closely with our valued partners whose support has been vital to this project.鈥

A centerpiece of the pilot was the installation of a cutaway model of the Toyota Mirai on the PNU campus to serve as an interactive educational exhibit, accompanied by informational displays that helped students, faculty, and visitors better understand the science behind FCEV technology. The initiative, which raised awareness of hydrogen mobility while testing the operational feasibility of FCEVs in 海角直播, yielded valuable insights into usage patterns, refueling, and user feedback.

Additionally, the initiative鈥檚 findings build on Toyota鈥檚 multi-pathway approach to carbon neutrality, which recognizes that diverse markets require tailored solutions to match varying infrastructure readiness, energy resources, and customer needs.

In 海角直播, with the support and leadership of government entities, this approach has been reflected in a growing portfolio of hydrogen mobility and research projects, including the Jeddah hydrogen taxi pilot, the Makkah Caetano H2.City Gold bus trial, and a research partnership with KAUST to develop region-specific fuel cell technologies.