Vision 2030

TVM Capital Healthcare Announces the Opening of Baraya Extended Care's First Outpatient Rehabilitation Clinic in Riyadh

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- Baraya Extended Care KSA has launched its first rehabilitation outpatient clinic in Riyadh, Saudi Arabia, offering physical, occupational, speech and language therapy, plus advanced and intensive rehabilitation services. The clinic has the capacity to provide 3,000 rehabilitation sessions per month.

Key Points: 
  • Consequently, this area has been identified as a key priority of Vision 2030 to enhance the healthcare sector.
  • Baraya is a portfolio company of TVM Capital Healthcare's new fund in KSA, a highly specialised global healthcare investment firm operating in the Middle East since 2009.
  • Othman Abahussein, TVM Capital Healthcare Saudi Operating Partner, concluded: "Baraya emerges as a transformative initiative developed by TVM Capital Healthcare.
  • As a leading provider of rehabilitation and long-term care services, Baraya Extended Care addresses critical gaps within the healthcare sector, ensuring that every individual receives the care they deserve.

TVM Capital Healthcare Announces the Opening of Baraya Extended Care's First Outpatient Rehabilitation Clinic in Riyadh

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- Baraya Extended Care KSA has launched its first rehabilitation outpatient clinic in Riyadh, Saudi Arabia, offering physical, occupational, speech and language therapy, plus advanced and intensive rehabilitation services. The clinic has the capacity to provide 3,000 rehabilitation sessions per month.

Key Points: 
  • Consequently, this area has been identified as a key priority of Vision 2030 to enhance the healthcare sector.
  • Baraya is a portfolio company of TVM Capital Healthcare's new fund in KSA, a highly specialised global healthcare investment firm operating in the Middle East since 2009.
  • Othman Abahussein, TVM Capital Healthcare Saudi Operating Partner, concluded: "Baraya emerges as a transformative initiative developed by TVM Capital Healthcare.
  • As a leading provider of rehabilitation and long-term care services, Baraya Extended Care addresses critical gaps within the healthcare sector, ensuring that every individual receives the care they deserve.

Watad Energy & Communications Unveils "Mulhem," First Locally Trained Arabic-Language Large Language Model in Saudi Arabia

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- In a significant development for the Arabic-speaking AI sector, Watad Energy & Communications today announced the launch of "Mulhem," the first Saudi domain-specific AI model, trained exclusively on Saudi data, embodying the nation's commitment to technological advancement and digital transformation.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- In a significant development for the Arabic-speaking AI sector, Watad Energy & Communications today announced the launch of "Mulhem," the first Saudi domain-specific AI model, trained exclusively on Saudi data, embodying the nation's commitment to technological advancement and digital transformation.
  • "Today marks a significant milestone for the AI industry in Saudi Arabia," said Muhammad Al-Mutairi, CEO of Watad.
  • This achievement aligns with our commitment to contributing to Saudi Arabia's Vision 2030 by pushing the boundaries of technological innovation and digital transformation."
  • Local Training and Development: Proudly trained and developed in Saudi Arabia, Mulhem leverages the latest in AI research and development practices, including Supervised Fine-tuning and Direct Preference Optimization.

Watad Energy & Communications Unveils "Mulhem," First Locally Trained Arabic-Language Large Language Model in Saudi Arabia

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- In a significant development for the Arabic-speaking AI sector, Watad Energy & Communications today announced the launch of "Mulhem," the first Saudi domain-specific AI model, trained exclusively on Saudi data, embodying the nation's commitment to technological advancement and digital transformation.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- In a significant development for the Arabic-speaking AI sector, Watad Energy & Communications today announced the launch of "Mulhem," the first Saudi domain-specific AI model, trained exclusively on Saudi data, embodying the nation's commitment to technological advancement and digital transformation.
  • "Today marks a significant milestone for the AI industry in Saudi Arabia," said Muhammad Al-Mutairi, CEO of Watad.
  • This achievement aligns with our commitment to contributing to Saudi Arabia's Vision 2030 by pushing the boundaries of technological innovation and digital transformation."
  • Local Training and Development: Proudly trained and developed in Saudi Arabia, Mulhem leverages the latest in AI research and development practices, including Supervised Fine-tuning and Direct Preference Optimization.

Middle East & Africa Oil & Gas Pipeline Industry Report 2024: A $15.25 Billion Market by 2028 - Competition, Forecasts & Opportunities

Retrieved on: 
Tuesday, March 5, 2024

DUBLIN, March 5, 2024 /PRNewswire/ -- The "Middle East & Africa Oil & Gas Pipeline Market, By Country, By Competition Forecast & Opportunities, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 5, 2024 /PRNewswire/ -- The "Middle East & Africa Oil & Gas Pipeline Market, By Country, By Competition Forecast & Opportunities, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Middle East & Africa Oil & Gas Pipeline Market was valued at USD 9.22 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.59% through 2028, reaching USD 15.25 billion.
  • Saudi Arabia's geopolitical stability is a significant factor in its role in the Middle East & Africa Oil & Gas Pipeline Market.
  • Company Profiles: Detailed analysis of the major companies present in the Middle East & Africa Oil & Gas Pipeline Market.

Saudi Arabia unlocks multi-billion dollar investments as part of its wider drive to become a global tourism powerhouse

Retrieved on: 
Tuesday, March 5, 2024

RIYADH, Saudi Arabia, March 5, 2024 /PRNewswire/ -- The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.

Key Points: 
  • RIYADH, Saudi Arabia, March 5, 2024 /PRNewswire/ -- The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.
  • The flagship Hospitality Investment Enablers, part of the wider TIEP, is designed by the Ministry of Tourism in collaboration with the Ministry of Investment.
  • His Excellency Ahmed Al-Khateeb, Minister for Tourism said: "Saudi Arabia offers the world a rich diversity of culture and experiences.
  • Vision 2030 has put Saudi Arabia on the pathway to become a global tourism powerhouse with the tourism sector in Saudi being a key driver of economic diversification.

Saudi Arabia unlocks multi-billion dollar investments as part of its wider drive to become a global tourism powerhouse

Retrieved on: 
Tuesday, March 5, 2024

RIYADH, Saudi Arabia, March 5, 2024 /PRNewswire/ -- The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.

Key Points: 
  • RIYADH, Saudi Arabia, March 5, 2024 /PRNewswire/ -- The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.
  • The flagship Hospitality Investment Enablers, part of the wider TIEP, is designed by the Ministry of Tourism in collaboration with the Ministry of Investment.
  • His Excellency Ahmed Al-Khateeb, Minister for Tourism said: "Saudi Arabia offers the world a rich diversity of culture and experiences.
  • Vision 2030 has put Saudi Arabia on the pathway to become a global tourism powerhouse with the tourism sector in Saudi being a key driver of economic diversification.

HUMAN CAPABILITY INITIATIVE CONCLUDES IN RIYADH, MARKING THE BIGGEST-EVER GLOBAL CONFERENCE IN UNITING THE WORLD TO ADVANCE HUMAN CAPABILITY

Retrieved on: 
Friday, March 1, 2024

RIYADH, Saudi Arabia, March 1, 2024 /PRNewswire/ -- The Human Capability Initiative (HCI) concluded today in Riyadh, Saudi Arabia, bringing in a new era in global collaboration for human capability development.

Key Points: 
  • RIYADH, Saudi Arabia, March 1, 2024 /PRNewswire/ -- The Human Capability Initiative (HCI) concluded today in Riyadh, Saudi Arabia, bringing in a new era in global collaboration for human capability development.
  • These collaborations, spanning diverse sectors from education to artificial intelligence, mark significant strides toward global human capability enhancement.
  • The CEO of HCDP, Engineer Anas AlMudaifer, commented: "HCI has inspired collaboration among the brightest minds in the world to future-proof people.
  • Unlocking the full potential of humanity requires global collaboration, and Saudi Arabia, as a global convenor, is sparking dynamic dialogue through HCI.

HUMAN CAPABILITY INITIATIVE CONCLUDES IN RIYADH, MARKING THE BIGGEST-EVER GLOBAL CONFERENCE IN UNITING THE WORLD TO ADVANCE HUMAN CAPABILITY

Retrieved on: 
Friday, March 1, 2024

RIYADH, Saudi Arabia , March 1, 2024 /PRNewswire/ -- The Human Capability Initiative (HCI) concluded today in Riyadh, Saudi Arabia, bringing in a new era in global collaboration for human capability development.

Key Points: 
  • RIYADH, Saudi Arabia , March 1, 2024 /PRNewswire/ -- The Human Capability Initiative (HCI) concluded today in Riyadh, Saudi Arabia, bringing in a new era in global collaboration for human capability development.
  • These collaborations, spanning diverse sectors from education to artificial intelligence, mark significant strides toward global human capability enhancement.
  • The CEO of HCDP, Engineer Anas AlMudaifer, commented: "HCI has inspired collaboration among the brightest minds in the world to future-proof people.
  • Unlocking the full potential of humanity requires global collaboration, and Saudi Arabia, as a global convenor, is sparking dynamic dialogue through HCI.

Saudi Arabia's achievement of welcoming +100 million tourists receives global recognition from UN Tourism and WTTC

Retrieved on: 
Thursday, February 29, 2024

RIYADH, Saudi Arabia, Feb. 29, 2024 /PRNewswire/ -- Saudi Arabia has received international recognition and applause from UN Tourism and the World Travel & Tourism Council for its remarkable achievement of welcoming over 100 million tourists in 2023.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 29, 2024 /PRNewswire/ -- Saudi Arabia has received international recognition and applause from UN Tourism and the World Travel & Tourism Council for its remarkable achievement of welcoming over 100 million tourists in 2023.
  • This accomplishment significantly surpassed the previous target set for 2030, positioning Saudi Arabia as an emerging global tourism powerhouse.
  • Motivated by this success, the Kingdom has now set a new ambitious target of welcoming 150 million tourists by 2030.
  • Tourism has proven to be a significant contributor to the nation's economy, with domestic and international tourists spending over 250 billion riyals in 2023.