Saudi retail, hospitality sectors to boost global printing industry

Sharif Rahman
Updated 07 August 2016
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Saudi retail, hospitality sectors to boost global printing industry

International Expo Consults (IEC), part of Falak Holding, stated that the investments in theme parks, infrastructure and retail in Saudi Arabia will further boost the billion dollar printing industry.
This sector is expected to grow exponentially across the MENA region due to the investment by governments in various sectors, especially infrastructure. As per the Smithers Pira report, the total printing revenues alone is forecasted to grow 7.2 percent per annum reaching $26 billion by 2018.
Demand for the latest standard of printing and digital signages is on the growth path. This growth translates into vast opportunities for printers, raw material suppliers and print equipment suppliers in the country.
Abdul Rahman Falaknaz, chairman of IEC, said: “The printing industry has witnessed a paradigm shift over the last few years. Technology innovation year-on-year has resulted in top quality results with regard to printing and signages. Today, attention grabbing digital and traditional signages are a must to attract the customers. These tools will further enhance the effectiveness of marketing campaigns.”
IEC is the organizer of the 19-year-old SGI Dubai show within the signage, digital signage, retail signage solutions, outdoor media, screen and digital printing industries.
“The printing press is regarded as one of the most important inventions of all times. New technologies have been redefining the process of printing, thereby helping GCC countries to expand their domestic industries and generate the desired awareness amongst its customers. Also the increasing specialization of Saudi Arabia’s printing sector has seen a tremendous growth in creation of new jobs as well,” said Sharif Rahman, CEO, IEC.
SGI Dubai 2017 show is bringing exhibitors and visitors from the United States, the UK, Germany, China and Japan, among others. The SGI Dubai 2017 show will be held at the Dubai World Trade Centre from Jan. 15-17.


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.