Ministry of Health and GE deliver digital solutions to transform Kingdom’s health care sector

The Ministry of Health and GE have committed to driving positive change in the Kingdom’s health care sector through digital solutions.
Updated 17 March 2018

Ministry of Health and GE deliver digital solutions to transform Kingdom’s health care sector

The Saudi Ministry of Health and GE have delivered the first phase of a landmark memorandum of understanding (MoU) focused on digital transformation in health care, signed in May 2017 in the presence of King Salman. In the MoU, the Ministry of Health and GE committed to driving positive change in the Kingdom’s health care sector through digital solutions, directly supporting the National Transformation Program and the aims of Saudi Vision 2030.
The key solution deployed as part of the MoU is the cloud-based Electronic Medical Record (EMR), a digital record of a patient’s entire health care journey, which replaces the manual, handwritten paper charts previously used. The solution will be on Predix, GE’s platform for Industrial Internet of Things applications.
EMR is currently live in three Ministry of Health hospitals in the Kingdom: Al-Kharj Maternity and Children’s Hospital, Al-Bukayriyah General Hospital, and Yanbu General Hospital.
Benefits of EMR include being able to see results over time to track progress of a medical condition; quickly identifying when patients are due for preventative visits or screenings; reducing the number of transcription errors; reducing report turnaround times; and providing a holistic view of patients’ visits, results, and conditions.
Dr. Tawfiq Al-Rabiah, minister of health, said: “This is a significant step in the transformation of the Kingdom’s health care sector in line with the goals of our leadership to enhance patient care and deliver the highest quality of service. The welfare and well-being of our people is a fundamental priority of the leadership, and we see significant opportunity in leveraging digital solutions for boosting health care delivery. GE’s partnership with the Ministry of Health is a pioneering example of how Saudi Arabia is redefining our health care landscape through best-in-class solutions.”
John Flannery, chairman and CEO of GE, said: “EMRS was built to drive quantitative and qualitative improvements to the Kingdom’s health care sector through digital transformation. This new innovative technology will deliver tangible, game-changing results for health care providers and patients across the Kingdom. The more relevant information that health care providers have about their patients, the better positioned they are to serve their needs.”
Hisham Al-Bahkali, president & CEO, GE Saudi Arabia and Bahrain, said: “Saudi Arabia is shaping a new growth narrative led by Vision 2030 that places the welfare of its residents as the top-most priority. The Kingdom’s emphasis on diversification and partnerships offers a significant opportunity for companies like GE to partner in the growth vision of the Kingdom.”

Emirates NBD opens branch in Alkhobar

Updated 20 September 2018

Emirates NBD opens branch in Alkhobar

Emirates NBD, a banking group in the Middle East, has expanded its presence in the Kingdom with the opening of its first branch in Alkhobar in the Eastern Province. Emirates NBD now covers three key regions in Saudi Arabia with a presence in Riyadh, Jeddah and Alkhobar. 

As Saudi Arabia progresses plans for economic reform, in line with its Vision 2030, Emirates NBD’s presence builds on the growing economic and trade ties between Saudi Arabia and the UAE. Following the establishment of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia recently announced The Strategy of Resolve, a joint vision for economic development through 44 joint strategic projects within a five-year time frame. 

UAE-based Emirates NBD is the first non-Saudi bank with a significant branch network across the Kingdom. The bank offers retail, private, business and wholesale banking across its network of three full-fledged branches in the Kingdom, in addition to corporate finance advisory, project and syndicated finance through Emirates NBD Capital KSA, the bank’s investment banking arm.

Emirates NBD also operates in Egypt, India, Singapore, and the UK with representative offices in China and Indonesia. 

“Our presence in Saudi is integral to Emirates NBD’s growth strategy as we continue to explore opportunities in the GCC region’s largest and most dynamic economy,” said Hesham Abdulla Al-Qassim, vice chairman and managing director of Emirates NBD. 

“Saudi Arabia is in the midst of a landmark economic transformation and we look forward to continuing to support Saudi individuals and businesses looking for a trusted banking partner.” 

Emirates NBD recently renewed its partnership with the Kingdom’s Kafalah Program, which aims to promote financing to small and medium enterprises (SMEs) within the country.

Loai Abduljawad, CEO of Emirates NBD KSA, said: “Emirates NBD’s expanded network strengthens our offering to individuals and corporates in Saudi Arabia looking to invest and trade across the MENA region and beyond. Our superior value proposition, built on the bank’s unique ‘high tech + high touch’ philosophy of offering customers a modern banking experience complemented by personalized advisory services, will enable us to strengthen customer acquisition in the Kingdom as we continue to support the country’s long-term growth and development goals, as outlined in Saudi Vision 2030.” 

Emirates NBD is a leading banking group in the region. As of June 30, 2018, its total assets were 477.5 billion dirhams, ($130 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 percent of all financial transactions and requests conducted outside of its branches. The bank was declared the “Most Innovative Financial Services Organization of the Year” at the 2017 BAI Global Innovation Awards.