Last 12 February 2018, the Saudi-Japan Healthcare Forum concluded in Riyadh with a focus on sharing experiences between both countries in the fields of Diabetes, Cardiology, Endoscopy and Emergency and Disaster Management.
Saudi Arabia Tender and Business News
Saudi Arabia-based Fakeeh Care has signed an agreement with Emitac Healthcare Solutions (EHS), a MENA-based solutions provider, to provide advanced turnkey healthcare solutions to Fakeeh University Hospital (FUH).
The Saudi International Exhibition and Conference for Internet of Things (IoT) has opened at the Riyadh International Convention and Exhibition Center. It is a major step in demonstrating the government’s support for the Saudi Vision 2030 to support the IT sector.
US-based Cleveland Clinic, a nonprofit multi-specialty academic medical center, has offered courses designed to integrate business and medicine with hands-on training to help Middle East healthcare leaders, physicians, nurses, and administrators become more effective in their roles.
A new Infrastructure Fund focused on Africa, with specific emphasis on the power and transportation markets, is being formed by the Saudi Arabia based Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank Group (IsDB) (www.IsDB-pilot.org), and the IL&FS Investment Managers Limited (IIML) (www.ILFSInvestmentManagers.com), the private equity arm of IL&FS Group.
The Gamiba just signed off on a Framework Agreement to receive US $210 million from the International Islamic Trade Finance Corporation (ITFC), a member of the Saudi Arabia-based Islamic Development Bank (IsDB) Group, for financing over a three year period.
Sylvan Learning, a provider of supplemental and enrichment education to children of all ages and grade levels, has announced its plans to develop in Saudi Arabia.
The State Trading Organization (STO), a government owned company in the Republic of Maldives, has received a syndicated murabaha financing agreement of US$100 million from the Saudi Arabia based International Islamic Trade Finance Corporation.
CohuHD Costar, a California-based developer and manufacturer of high-definition video surveillance camera systems, has been awarded a $2.4 million contract for a major critical infrastructure project in Saudi Arabia.
Radisson Blu, part of The Carlson Rezidor Hotel Group of Brussels, just opened its first resort in Al Khobar, Saudi Arabia.
CB&I, a provider of technology and infrastructure for the energy industry, announced it has been awarded a contract for more than $95 million by Saudi Aramco Shell Refinery (SASREF).
BSIC Niger (www.BSICbank.com/niger) and the private sector of the Saudi Arabia-based IDB Group (www.IsDB.org), the Islamic Corporation for the Development of the Private Sector (www.ICD-ps.org) are joining forces to help finance SMEs in Niger.
UAE-based GlamBox Middle East, a major player in the beauty subscription e-commerce market, has been acquired by a consortium of investors based in Saudi Arabia.
Saudi Arabia's Ministry of Communications and Information Technology (MCIT) and Virginia-based OneWeb just signed off on a memorandum of understanding to cooperate on solutions to bring much needed affordable, high-speed, low latency broadband access to those living in rural and remote areas.
The Association for the Development of Education in Africa (ADEA) has signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) in Jeddah, Saudi Arabia, to support cooperation in Africa's education sector.
Mitsubishi Hitachi Power Systems Ltd. of Japan announced that its MHPS Saudi Arabia, Co., subsidiary has opened a new Turbine Rotor Repair facility in Dammam. It also disclosed it will soon be manufacturing its most advanced gas turbines locally in Saudi Arabia in the near future.
Lancer Skincare, a luxury cosmetics brand headquartered in Beverly Hills, California, is partnering with Apotheca Beauty, a privately held distributor in the Middle East which focuses on luxury brands from around the world.
Otis Saudi Arabia has been selected to provide 256 escalators, six moving walkways and 183 machine room-less elevators for Riyadh Metro lines 4, 5 and 6.
The World Trade Organization (WTO) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), based in Riyadh, Saudi Arabia, have signed a Memorandum of Understanding to cooperate on joint trade-related technical assistance for the Less-Developed Countries.
A consortium led by ACWA, a diversified energy company based in Riyadh, Saudi Arabia, won the contract for the fourth phase of Dubai's Mohammed Bin Rashid Al Maktoum Solar Park, by far the largest single-site CSP plant in the world. It will also set a global record for the lowest renewable energy cost without subsidies or carbon credits.
Air Products, an industrial gases company based in Pennsylvania, is building a major technology center to serve the Kingdom of Saudi Arabia and the Middle East Region. Dhahran Techno Valley Company is its partner in setting up and managing the facility locally.
Pool Safe Inc., a company in Ontario that produces swimming pool safety equipment, has signed a distribution agreement with Saudi Arabia-based financial firm Alawwal Properties Corp.
Human Rights Watch and 66 other national, regional, and international NGOs (nongovernmental organizations) are demanding the United Nations Human Rights Council conduct an immediate inquiry into abuses happening right now in Yemen.
Majid Al-Futtaim, a major shopping mall, community, retail, and leisure pioneer within the Middle East, Africa and Asia, is opening the first Abercrombie & Fitch store this month at the Red Sea Mall in Jeddah.
The annual Islamic Hajj pilgrimage, which is due to begin on August 30, 2017, is already well under way. Saudi Arabia has already welcomed 1.497 million pilgrims to date.