StartUp Bahrain Week draws innovators, investors

1 / 2
Dr. Ibrahim Janahi, chief executive officer of Tamkeen.
2 / 2
Khalid Al-Rumaihi, chief executive of the Bahrain Economic Development Board.
Updated 19 February 2019
0

StartUp Bahrain Week draws innovators, investors

Bahrain’s focus on shaping a regional hub for entrepreneurs as part of its ongoing efforts to meet key goals within the Economic Vision 2030 comes under the spotlight next month when it hosts StartUp Bahrain Week, a series of networking events for entrepreneurs, investors and businesses.

Running between March 3–7, the regional startup community will be able to enjoy a platform of events to network and learn about the startup ecosystem that has been created by Bahrain. 

Khalid Al-Rumaihi, chief executive of the Bahrain Economic Development Board, said: “StartUp Bahrain Week promises to be a week of inspirational events for entrepreneurs and investors that will encourage innovation and growth in the startup ecosystem. Currently, the regulatory climate we have cultivated, in recent years, has provided a solid foundation for the startup community. We look forward to sharing knowledge, great ideas and most importantly the opportunities available in Bahrain.”

Dr. Ibrahim Janahi, chief executive officer of Tamkeen, said: “Tamkeen is delighted to once again be a strategic partner of StartUp Bahrain Week. It underlines our commitment to helping promising talent develop the right skills for the knowledge economy. These are skills that we need to encourage and develop within Bahrain and across the region.”


CMRC admits first patients to new Saudi clinic

Updated 21 May 2019
0

CMRC admits first patients to new Saudi clinic

Cambridge Medical and Rehabilitation Center (CMRC), a top post-acute rehabilitation and long-term care facility in the UAE, has admitted 15 patients to its first medical facility in Saudi Arabia. 

CMRC’s new 60-bed clinic, located between Dhahran and Alkhobar, aims to help patients requiring post-acute care and rehabilitation services to make large improvements in their quality of life through multidisciplinary rehabilitative therapies including physiatry, physiotherapy, occupational therapy, speech and language therapy, and multi-sensory room sessions. 

The facility is staffed by multiple clinical experts including GPs, internal medicine consultants, pediatricians, ICU intensivists, rehabilitation consultants, psychologists and therapists, and will service patients across the eastern region of Saudi Arabia. 

It follows the same clinical procedures and protocols successfully implemented in facilities in the UAE, similarly benefiting from the center’s international partnership with the Spaulding Rehabilitation Network, a teaching affiliate of Harvard Medical School, and accreditations from Joint Commission International, CARF and Planetree.

FASTFACT

 

CMRC, a portfolio company of health care specialist investor TVM Capital Healthcare, also operates facilities in Abu Dhabi and Al-Ain in the UAE.

CMRC Group CEO Dr. Howard S. Podolsky said: “We expand into countries where there is notable demand for post-acute care and rehabilitation services. Like many countries around the world, Saudi Arabia is experiencing a rise in the incidence of non-communicable diseases, birth defects, and life-threatening injuries. Our new facility brings our world-class medical treatment, care, and rehabilitation therapies to the Kingdom through a truly patient-centric approach.”

He added: “We look forward to helping families in the region improve their quality of life and using our international expertise and specialized workforce to support the government of Saudi Arabia’s focus on health care development, as part of Saudi Vision 2030.” 

CMRC, a portfolio company of health care specialist investor TVM Capital Healthcare, also operates facilities in Abu Dhabi and Al-Ain in the UAE.

Dr. Helmut Schuehsler, CEO of TVM Capital Healthcare and board member of CMRC, said: “We believe that private equity investment should be a force for good, and that by working in health care, we have a real opportunity to make a difference to patients’ lives. Therefore, we conceptualized and invested in CMRC in the UAE to cater to those in need of post-acute care and an elevated level of rehabilitation. CMRC grew to be the leading post-acute care and rehabilitation provider in the UAE. We are very happy to bring the offer to the people of Saudi Arabia now.”

CMRC offers both inpatient services at its medical centers and outpatient therapy, where patients follow a rehabilitation program after discharge. The company employs more than 500 staff members across all facilities.