NCB Capital wins award for ‘Best Investment Management Company (Equities)’

Updated 22 August 2017
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NCB Capital wins award for ‘Best Investment Management Company (Equities)’

NCB Capital, a leading investment firm and Saudi Arabia’s largest asset manager, has been announced as winner of the “Best Investment Management Company (Equities) Saudi Arabia, 2017” by World Finance magazine.
Sarah Al-Suhaimi, CEO of NCB Capital, said: “On behalf of my colleagues, I would like to thank World Finance for recognizing our superior performance. This success would not be possible without the trust of our clients and the professionalism of our team.”
NCB Capital is the largest asset manager in the Kingdom and the largest shariah-compliant asset manager globally with over SR140 billion ($37.3 billion) of assets under management. The firm offers a comprehensive range of funds to serve investors’ diverse requirements.
NCB Capital was the first to launch a mutual fund back in 1979 and first to launch a Shariah-compliant mutual fund in 1987. Today, NCB Capital manages 24 funds spanning multiple asset classes and covering various markets and regions, including global equities, fixed income and alternative investments. Its products have won multiple local and international awards.
“Guided by an experienced, dedicated and certified team of advisers and wealth managers, NCB Capital assists investors to build the investment portfolio that is right for them and manage their portfolios to achieve their investment objectives,” a press release said.
The World Finance Investment Management Awards celebrate the industry’s most resilient players, highlighting those that have surmounted challenges to achieve success, by displaying a unique forward-thinking approach.
Since 2007, World Finance magazine has been celebrating innovation and brilliance in their annual awards. The judging panel comprises over 230 years of experience in financial and business journalism, supported by a research team to ensure that the award winners are the most deserving in their sector.
NCB Capital is a world leader in developing Islamic investment products for which it is globally recognized by consistently winning awards year after year, presented by leading financial publications and organizations including Euromoney, EMEA Finance, Lipper International and many others.


Philips brings virtual cardiology network to KSA

Updated 19 February 2019
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Philips brings virtual cardiology network to KSA

Royal Philips, a health technology company, has teamed up with the Ministry of Health (MoH) in Saudi Arabia to provide a first-of-its-kind integrated cardiovascular information system (CVIS) across multiple facilities throughout the Kingdom. 

Patient medical information will be available on demand at the point of care in each of the connected hospitals to help improve quality access to cardiology care managed by a network of specialists. The Philips CVIS includes advanced software technology and image analysis to simplify cardiovascular data management for cardiology departments to work more efficiently and accurately. 

According to the World Health Organization, cardiovascular diseases (CVDs) are the No.1 cause of death globally. They are also highly prevalent in Saudi Arabia. Cardiology is also one of the most complex areas of the hospital enterprise, with large quantities of data generated by various caregivers across multiple locations. By integrating disparate cardiology systems in the public MOH cardiac centers around the Kingdom, the Philips CVIS aims to reduce data entry, simplify access to test results generated in other departments and make it easier to acquire, analyze and share patient data. 

The cardiology patient data information will be powered by Philips IntelliSpace Cardiovascular platform, featuring advanced archiving from the Philips Universal Data Manager (UDM) and advanced visualization from Philips IntelliSpace Portal. Seamless data sharing and connectivity between the hospitals will be managed by Philips Forcare, delivering information health exchange (IHE) interoperability.  

“With a dedicated health care IT clinical informatics team and leadership in connected care, Philips brings a wealth of experience into the cardiology program of the MOH,” said Ozlem Fidanci, market leader Middle East and Turkey at Philips. “This collaboration named as Project Taji marks a significant step by the Ministry of Health toward Saudi Vision 2030 and the elevation of cardiology services across the Kingdom.” 

The Taji Project will be implemented in Makkah, Jeddah, Al-Hofuf, Qassim, Jizan, Najran, Dammam and Arar. All these cities will be connected to the Ministry of Health in Riyadh to utilize tele-cardiology services among MOH cardiac centers. 

“The primary use of tele-cardiology is to support primary care practitioners in the area of correct diagnosis, thus empowering them to manage cardiac patients with increased confidence. It also improves the clinical training of the average practitioner, by increasing the clinician’s level of knowledge at the primary level. This will equip GPs to offer better care and improve the overall health care system,” said Dr. Ahmed Balkhair, adviser to the vice minister and general supervisor of e-health programs and IT.

“The MoH tele-cardiology initiative helps build up an integrated cardiovascular information system (CVIS), cardiac picture archiving and communications system (CPACS), and an ECG data management system, all of which will enhance the efficiency of the cardiology workflow for the cardiologists and all users, and access to patient studies by authorized users,” said Dr. Mohammed K. Abdulaali, assistant deputy minister for hospital affairs.