Deal signed to invest $1.6bn in health, education sectors across KSA

This partnership puts into practice the company’s vision to provide integral health care services through a wide range of means. (Shutterstock)
Updated 28 October 2018
0

Deal signed to invest $1.6bn in health, education sectors across KSA

  • The partnership between Hassana and NMC Saudi Arabia has ambitious growth plans across different health care sub-sectors

JEDDAH: NMC Healthcare and Hassana Investment Co., the investment arm of Saudi Arabia’s General Organization for Social Insurance (GoSI), have signed a memorandum of understanding with the aim of establishing a network of medical facilities across Saudi Arabia.
The MoU targets a total investment of SR6 billion ($1.6 billion) and the employment of up to 10,000 staff over the next five years, NMC said in a statement.
This agreement is part of the “Invest in Saudi Arabia” initiative, launched within the National Transformation Program (NTP) 2020.
“The partnership between Hassana and NMC Saudi Arabia has ambitious growth plans across different health care sub-sectors. Both sides are committed to provide the highest standards of health services and boost revenues,” said Saad bin Abdul Mohsen Al Fadhli, CEO of Hassana.
NMC CEO Prasanth Manghat said this partnership puts into practice the company’s vision to provide integral health care services through a wide range of means. The development of in vitro fertilization (IVF) and long-term health care; the aesthetic surgeries department; modern centers for children and diabetic patients.


13,230 families benefit from ‘Sakani’ program in Saudi Arabia

More than 157,000 families benefited from the program during 2018. (SPA)
Updated 17 June 2019
0

13,230 families benefit from ‘Sakani’ program in Saudi Arabia

  • More than 157,000 families benefited from the program during 2018

RIYADH: The Ministry of Housing’s “Sakani” program has helped 13,230 families registered on its Real Estate Development Fund list with housing options and finance solutions during May.
This includes 5,835 families who live in their own homes, bringing the total number of families benefiting from the program in different regions of the Kingdom since the start of the year to 68,195.
The Sakani program announced the names of beneficiaries and their national ID numbers through the link https://sakani-names.housing.sa or via the program portal.
More than 157,000 families benefited from the program during 2018.
Ministry of Housing spokesman Saif Al-Suwailem said that Sakani continues to provide its services to beneficiaries according to their needs and abilities. The ministry is keen to provide better services in line with the “Eskan” program, one of the Saudi Vision 2030 initiatives that aims to raise the proportion of residential ownership to 70 percent by 2030.
As part of Sakani’s efforts to provide suitable housing options, the program began to implement 53 new housing projects in different regions of the Kingdom, characterized by affordable prices for a large segment of citizens registered on the lists of the Ministry of Housing.
Al-Suwailem said that the ministry was keen to find solutions for Saudi families that help them to own the right home for them. SPA Riyadh