Latest news with #KhaledbinAlwaleed
Jordan News
2 days ago
- Health
- Jordan News
New Hospital in Madaba and Digital Transformation for Military Medical Services Hospitals with JD 133 Million Investment
Two major investment agreements worth 133 million Jordanian dinars were signed today in the healthcare sector, marking a significant boost to medical infrastructure and services in Jordan. اضافة اعلان The agreements include: Construction of a new hospital in Madaba Comprehensive digital transformation for hospitals under the Royal Medical Services Directorate The signing ceremony was attended by: Prime Minister Dr. Jaafar Hassan Prince Khaled bin Alwaleed, Chairman of KBW Investments Chairman of the Joint Chiefs of Staff, Major General Yousef Huneiti These investments aim to enhance healthcare accessibility, improve service quality, and modernize healthcare systems through the integration of advanced technologies and infrastructure development.
Saudi Gazette
16-07-2025
- Business
- Saudi Gazette
ASICS and Saudi Sports for All launch startup pitch to boost sports innovation in Saudi Arabia
RIYADH — ASICS, the global athletic footwear and apparel brand, has teamed up with the Saudi Sports for All Federation (SFA) to launch the ASICS Innovation Pitch 2025 — a nationwide startup competition aimed at accelerating digital innovation in health and fitness across the Kingdom. The initiative is part of ongoing efforts to advance Saudi Arabia's Vision 2030 goals of fostering a healthier, more active society. The program invites Saudi-based startups to submit digital-first ideas that inspire movement and improve well-being. Applications are open until July 31, 2025, with six finalists selected to pitch their solutions live in Riyadh on November 2. Eligible startups must be at least two years old, primarily based or registered in Saudi Arabia, and offer a product or service that is either market-ready or approaching launch. Finalists will receive mentorship and the opportunity to collaborate with ASICS's global innovation, R&D, and marketing teams. Travel and accommodation for up to two team members per startup will be provided. The top three finalists will also be considered for future collaboration opportunities with ASICS, including investment prospects through ASICS Ventures, the company's innovation-focused investment arm. This marks ASICS's first open innovation program in the Kingdom and reflects the brand's increasing regional footprint following the opening of its first Riyadh store in 2023. The SFA, led by Prince Khaled bin Alwaleed, continues to leverage partnerships and technology to build a nationwide culture of physical activity. Startups can apply via the official ASICS Innovation Pitch website before the July 31 deadline. — SG
Arab News
16-07-2025
- Business
- Arab News
SFA President Prince Khaled bin Alwaleed ‘sees promise' in new community partnership with Asics
RIYADH: As part of a three-year partnership signed in January 2025 with the Saudi Sports for All Federation, sports equipment manufacturer Asics has announced a new competition aimed at delivering business solutions in the sports industry. For the latest updates, follow us @ArabNewsSport Asics Ventures is looking to accelerate innovation in sports through investment in and collaboration with cutting-edge technology startups globally. So far, Asics Ventures has hosted six accelerator programs in Japan, Europe, and India over the past seven years and has established many networks and invested in startups around the world. Now, it is set to expand into the region by welcoming the SFA as a co-hosting partner of its newest pitch event, titled 'Asics Innovation Pitch in Collaboration with the Saudi Sports for All Federation.' The connection is accepting proposals from Saudi startups until July 30. 'The Saudi Sports for All Federation is proud to work closely with Asics Ventures to enrich the sports ecosystem in the Kingdom,' said Prince Khaled bin Alwaleed, president of the SFA. 'We are looking for digital business solutions that cater to the sports segment. SFA has a good relationship with Asics, and we are proud to build on this with our latest collaborative program 'The SFA is mandated to work with private sector partners, and our work with Asics shows that these partnerships can be structured to generate and support real-world solutions applied here in our country,' he added. The SFA had entered into a three-year strategic partnership agreement with Asics KSA, the Saudi subsidiary of the Japanese multinational sportswear corporation, to prioritize sport as a key contributor to the Saudi economy. The agreement was signed by Shaima Saleh Al-Husseini, SFA managing director, on behalf of the federation and Yohei Takahashi, general manager of Asics KSA, in the presence of senior representatives from the two entities. Under the terms of the agreement, SFA and Asics will collaborate on hosting sports initiatives and promoting health and fitness efforts across Saudi Arabia in line with Saudi Vision 2030 to enhance the quality of life for Saudi citizens and residents. Al-Husseini commented: 'We are thrilled to partner with Asics, a global leader whose dedication to the value of sports matches our vision. This partnership enables us to elevate the experience of participants across the Kingdom by bringing world-class expertise and resources to our grassroots initiatives. 'Our collaboration with Asics underscores our commitment to increasing physical activity and creating unparalleled opportunities for the community and sports enthusiasts,' she added. 'Together, we will inspire and support communities throughout Saudi Arabia to embrace a more active and healthier lifestyle, in line with the objectives of Saudi Vision 2030.'
Arab News
05-02-2025
- Health
- Arab News
All Saudis should have access to AI health-monitoring tech, says Prince Khaled bin Alwaleed
RIYADH: All Saudis should have access to artificial intelligence technology that monitors their health in real time, Prince Khaled bin Alwaleed told Arab News in an exclusive interview on Wednesday. 'Every Saudi citizen should have a real-time AI-driven health dashboard tracking metabolic markers, predictive disease risks, and lifestyle optimization strategies,' said the founder and CEO of KBW Ventures on the sidelines of the Global Healthspan Summit in Riyadh, which has Arab News as a media partner. 'We can also incentivize longevity-focused R&D. Governments should treat health-tech startups like they treat defense contractors: Fund them, fast-track them, and make breakthroughs happen.' The prince and investor spoke about the idea of extending the healthy lifespan of the Saudi population, which is a key focus of the two-day summit. 'Aging isn't the onset of disease; it's the failure of medicine to treat the root cause. We've been conditioned to believe that heart disease, Alzheimer's, and metabolic disorders are just part of 'getting older.' That's like saying a car breaking down after 100,000 miles is inevitable. It's not; it's a mechanical failure due to wear and tear.' In addition, the financial stress on economies is not from people living longer, the CEO believes, but rather from people living sick longer. 'Healthcare systems are designed to treat disease, not prevent it. We spend trillions on end-stage care instead of investing in tech that keeps people healthy for longer. The longer people stay active, productive, and self-sufficient, the better it is for the economy,' he said. According to Prince Khaled, a healthy population is not a burden but an economic accelerator. He continued: 'What happens when we add 20 high-performance years to a person's life instead of 20 years of dependency? We flip healthcare from an expense to an investment.' The problem, he said, is governments and legacy institutions that treat healthcare as an expense instead of a growth sector. However, to change this perspective, longevity should be a national priority, as should investing in new technology to extend healthy lifespans, he added. 'The same way governments invest in infrastructure and energy security, we should be funding longevity tech, AI-driven medicine, and regenerative therapies,' Prince Khalid said. He added: 'We need to overhaul preventative healthcare. Move from a 'treat once sick' model to a 'predict and prevent' model.' Another idea the CEO raised was leveraging Saudi Arabia as a biotech corridor. Saudi Arabia could be presented to the world as a global hub for longevity research, 'offering regulatory flexibility, AI-powered clinical trials, and public-private partnerships that make biotech innovation move faster,' he said. A healthier population will drive productivity, innovation, and economic expansion like never before, he added. Furthermore, the future of health is not exclusively held by hospitals but by algorithms. With advanced technology, Prince Khaled suggested, AI will design personalized longevity plans for every individual by detecting disease before any symptoms appear. 'AI isn't replacing doctors — it's making every citizen their own health CEO. We should be running simulations of every human body and predicting health outcomes before they happen. The data exists. We just need AI to make sense of it,' he said. While the country is developing and advancing with a number of megaprojects, the CEO believes that the government could build the world's first longevity-first city as well, where AI can play a significant role in optimizing public health, fostering genetic research, and reversing the effects of aging. 'With AI-driven biotech, the Kingdom can lead in regenerative medicine, gene editing, and age-reversal therapies. A 100-year lifespan shouldn't be a burden — it should be an advantage,' he said. 'The future of Saudi health isn't about more hospitals and doctors. It's about AI-driven longevity, proactive medicine, and ensuring every Saudi lives healthier for longer.' When aging is viewed as an unsolvable problem, it becomes so, Prince Khaled said. However, if it is treated as an engineering challenge, it can be solved. In a final note, Prince Khaled said: 'The countries that prioritize longevity will dominate the global economy.'
