Lamudi event focuses on local real estate market

Updated 12 June 2014

Lamudi event focuses on local real estate market

The biggest names in real estate in Saudi Arabia came together under one roof for an assembly hosted by leading property platform Lamudi, a company of the Middle East Internet Holding (MEIH).
More than 15 key figures from the property sector attended the event in Jeddah recently, including some of the most high-profile property players in the Kingdom.
Representatives from Ahmad Al-Obeikan Company for Investment and Real Estate Development, Al-Faqeeh, Century 21 Jeddah and Tawasul Properties were among those present.
The event was a chance for the leaders to network and share ideas on the local real estate market. Khalid Alali, country manager of Lamudi Saudi Arabia, gave a presentation to guests on the company’s local operations.
Lamudi’s Global Co-Founder and MD Kian Moini said: “The event was a resounding success. The fact that we had such an overwhelming response just goes to show the strength of the local property industry, which is one of the main reasons we launched here this year.
Saudi Arabia has one of the strongest and fastest growing e-Commerce sectors in the Middle East. All guests agreed that the future of real estate in the Kingdom will be online.
Sood Mohamad Alamri of Platinum Real Estate Company, said: "Lamudi entered the Saudi market after achievements in several foreign markets and it has established itself as a leader in a very short period of time.”
Country Manager for Lamudi Saudi Arabia Khalid Alali said: “One of the key enablers to our early success is a focus on localizing our operations. As a Saudi national I prioritize hiring Saudi women and men.”
The biggest real estate brands in the Kingdom have already chosen Lamudi as their property partner, including Bussma, Edarah, Salman Ben Saedan, Al Obaikan, Al Argan and Century 21 Jeddah, the company stated.

Al-Murjan, Mediclinic to develop new Jeddah hospital

Updated 01 June 2020

Al-Murjan, Mediclinic to develop new Jeddah hospital

Al-Murjan Group, a Saudi family business group, has partnered with Mediclinic Middle East, an affiliate of the UK’s Mediclinic International, for the establishment of an internationally accredited private hospital with 200 beds in Jeddah. Mediclinic Middle East will manage the hospital and support Al-Murjan Group with expertise and advisory services in planning, design and construction, while the commissioning of the hospital is expected to open by the second quarter of 2022.

Abdulrahman Khalid bin Mahfouz, chairman of Al-Murjan Group, said: “Today, we are pleased to announce the appointment of Mediclinic as our strategic partner for the hospital in Jeddah. We believe this will serve as the cornerstone for high-quality health care services in Saudi Arabia, offering state-of-the-art health care facilities, from some of the best practitioners, using best practices and meet international quality standards, and contribute to the Kingdom’s Vision 2030.

“Al-Murjan has committed itself for over 40 years to delivering excellence in all its areas of work and we view this joint venture as a continuation of that commitment. We welcome Mediclinic into Saudi Arabia and look forward to working together to serve the people of the Kingdom.”

“Al-Murjan Mediclinic will provide more than 1,000 job opportunities, and will create new opportunities for entrepreneurs in the health care sector,” said Sultan Khalid bin Mahfouz, vice chairman of Al-Murjan Group.

David Hadley, chief executive officer of Mediclinic Middle East, said: “We are pleased to announce our strategic partnership with Al-Murjan Group today and Mediclinic’s entry into the Kingdom of Saudi Arabia. There is a growing demand for high quality, internationally recognized standards of health care services in Saudi Arabia. Mediclinic, with more than 35 years’ experience of delivering health care services across Switzerland, Southern Africa and the UAE, is excited by the opportunity to partner with Al-Murjan Group to establish a leading private hospital in Jeddah and further expansion opportunities across Saudi Arabia. We are committed to being an ethical and responsible corporate citizen delivering sustainable, cost-effective, high-quality health care services and outstanding client experiences in all our hospitals and clinics.”

Situated on King Abdul Aziz Road in the northern part of Jeddah, the hospital will address the growing demand for private health care in the Kingdom. The hospital, designed and to be completed in accordance with international standards, will comprise eight floors, offering comprehensive inpatient and outpatient services including general surgery, internal medicine, cardiology, orthopedics, obstetrics and gynecology, pediatrics, emergency, and trauma care.

Phase 1 of the hospital, which is 80,000 square meters, will be built on 18,000 square meters, with an investment of more than SR1 billion ($266 million), with the expansion capacity of another 200 beds on adjacent land set aside for this purpose.