New Platinum Sands store in Riyadh’s Kingdom Centre

General Manager Shawky Al-Nassr and Khalid Nashar, owner of Bravo, cut the ribbon.
Updated 14 May 2019
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New Platinum Sands store in Riyadh’s Kingdom Centre

Platinum Sands, a distributor of Ali Bin Ali brand of luxury watches and jewelry, has opened its second store in Riyadh’s Kingdom Centre.

At the inauguration ceremony, General Manager Shawky Al-Nassr cut the ribbon to mark the official opening of the boutique to the public. Joining him at the ribbon-cutting ceremony was Khalid Nashar, owner of Bravo. The event was attended by more than 100 prominent personalities, journalists and influencers, including Hala Al-Harthy, Sara Al-Kraidees and Narjis Al-Awami from MBC.

The luxurious ambiance of the store was enhanced by soft music playing in the background while guests enjoyed the hospitality of Fauchon Paris, Jeddah. Visitors toured the store and checked out the latest collections of watches and jewelry.

“We believe in the principle of always being the closest to our customers, and today we are with them in a place entirely characterized by luxury and sophistication, and in an ideal location to showcase our new product collections to an audience whose passion of luxury and sophistication is growing every day,” said Al-Nassr.

“We sought a celebration for our new boutique, which is illustrious in all aspects,” he added.

Also speaking at the event, Marketing Manager Arwa Al-Rimawi highlighted the success achieved by the brand and the competition created by it in the Saudi market.

“The company is constantly evolving, seeking all that is new and suits the modern tastes of both men and women,” she said.

The new boutique combines contemporary design with luxury and high-end display styles. On show are a variety of watch and jewelry designs and luxurious masterpieces.


CMRC admits first patients to new Saudi clinic

Updated 21 May 2019
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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.

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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.