CPHI Middle East launched as region’s premier pharma event

CPHI Middle East launched as region’s premier pharma event
The event will be spread across 30,000 square meters of space, and will attract 30,000 visitors, over 400 exhibitors, and more than 100 countries.
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Updated 07 October 2024
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CPHI Middle East launched as region’s premier pharma event

CPHI Middle East launched as region’s premier pharma event

Tahaluf, Saudi Arabia’s fastest-growing business event organizer, has launched the latest in its vertical industry shows — CPHI Middle East, the region’s premier pharmaceutical event — marking a significant milestone for the Middle East’s rapidly expanding pharma sector.

Set to take place at the Riyadh Front Exhibition and Convention Center from Dec.10-12, this landmark event has garnered the support of the Saudi Ministry of Health and is being held in partnership with the Events Investment Fund.

The event comes as Saudi Arabia emerges as a global leader in biotechnology, with an ambitious plan to achieve self-sufficiency in vaccine production, biomanufacturing, and genomics. Further, the country’s pharmaceutical market, the largest in the Middle East, is expected to reach $11.5 billion by 2032, exhibiting a compound annual growth rate of 2.52 percent, according to market researcher IMARC Group.

Mohaned El-Mahgoub, group director at Tahaluf, said: “The MENA region, which is the world’s fifth largest pharma market, makes Saudi Arabia an important international meeting hub for the pharmaceutical community. It is a hugely attractive region for multinational pharma companies, with projected double digit annual market growth until 2032. CPHI Middle East and Africa will be where the future of pharma unites to forge long-lasting partnerships that stretch across the Middle East, Africa and around the world.”

Healthcare and life sciences are among Saudi Arabia’s most significant sectors and key focuses of Saudi Vision 2030. Of the $333 billion 2024 budget allocation, healthcare and social development expenditures account for roughly $57 billion, the third-largest segment after general and military spending.

Adam Andersen, executive vice president, pharma, Informa Markets, said: “Our venture into the Middle East is a significant milestone as we celebrate 35 years of CPHI this year. Given Saudi Arabia’s strategic location, coupled with an increasing demand for high-quality healthcare products, we’re confident CPHI Middle East will deliver exceptional value to our stakeholders, exhibitors and attendees as we bring the heart of pharma to the Kingdom. This inaugural event also aligns with a key goal of Saudi Vision 2030 to double domestic manufacturing from 20 percent to 40 percent. With several international pharmaceutical companies having already committed to setting up operations in Saudi Arabia, CPHI Middle East will build on that by drawing a number of key international brands eager to explore Saudi Arabia as a potential regional hub.”

Tahaluf expects the event to spread across 30,000 square meters of exhibition space, attract 30,000 visitors, over 400 exhibitors, and more than 100 participating countries. Major regional industry names are among early sponsors and exhibitor signings, including Sudair Pharma, Tabuk Pharmaceuticals, Hikma Pharmaceutical, Pioneer Company for Pharmaceutical Industries, SPIMACO and Julphar, EIPICO, Dallah Pharma, MS Pharma, Dr. Reddy’s Laboratories, Zeta Pharma, and Dietrich Engineering Consultants.

Designed as an experiential event, CPHI Middle East will feature four dedicated stages — The Future, Innovation, Next-Gen Bio and Discovery — where experts will help delegates examine the latest industry trends, challenges and opportunities. A headline speaker platform is already taking shape with global industry leaders signing up to address the gatherings, including Anil Kane, executive director, global head of technical and scientific affairs, Thermo Fisher Scientific; Zakiya Al-Kurdi, public policy and regulatory affairs, US Pharmacopeia; Claudia Palme, senior executive adviser strategy& Middle East, PwC; Faisal bin Dail, chairman, National Committee for Pharmaceutical Industries and Baxter; Musaed Al-Kholief, Saudi Commission for Health Specialities, strategy adviser at the Secretariat General; Bikash Chatterjee, president and chief science officer, Pharmatech Associates, a USP Company; as well as Hala Audi, CEO, Unizima.

CPHI Middle East is the latest in a raft of new vertical events to be launched in Saudi Arabia by Tahaluf — the strategic collaborative venture between Informa PLC, the Saudi Federation for Cybersecurity, Programming and Drones, and the Events Investment Fund. The launch of CPHI is part of Tahaluf’s major expansion strategy — the biggest single events expansion in Saudi Arabia’s history — in which the company is introducing more than 20 new B2B and B2C titles into the Kingdom by the end of 2025, bringing more than $1 billion in economic impact to Riyadh.


LuLu plants 3,000 trees in Eastern Province

LuLu plants 3,000 trees in Eastern Province
Updated 30 October 2024
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LuLu plants 3,000 trees in Eastern Province

LuLu plants 3,000 trees in Eastern Province

LuLu Hypermarket recently hosted a community event in the Eastern Province in collaboration with Khobar municipality, during which 3,000 chaste trees were planted. The event was attended by Abdullah bin Ali Al-Ayyadi, assistant director of the parks and beautification department at the municipality, who highlighted the role of the private sector in supporting environmental initiatives and driving sustainable development across the Kingdom.

LuLu’s tree planting campaign aligns with the Saudi Green Initiative, aimed at increasing green spaces and improving the quality of life across various regions of the Kingdom. The chaste tree was specifically chosen for its adaptability to the region’s climate, as well as its numerous environmental and health benefits. This tree symbolizes care for the environment and the provision of a healthy and sustainable life for future generations, reflecting LuLu Hypermarket’s commitment to supporting environmental issues and promoting sustainability.

Through this event, LuLu seeks to enhance environmental awareness among community members, emphasizing that tree planting is not merely a recreational activity but carries a powerful message urging everyone to participate in protecting the environment and conserving natural resources. The event witnessed wide participation from local community members, reflecting their growing concern for environmental issues and their desire to be part of sustainable environmental solutions.

Al-Ayyadi said that LuLu’s initiative serves as a model for successful collaboration between the public and private sectors, enhancing the prospects for achieving the desired environmental goals.

Mohammed Ahmed Bobsheit, executive director of LuLu Group in the Eastern Province, said: “Through this initiative, we affirm that every tree we plant today is a seed of hope for a greener and more sustainable future. Caring for the environment is not just a duty toward the Earth, but a commitment to future generations. Together, we can make a positive difference that ensures a better world for generations to come.”

Bobsheit also thanked Khobar Municipality for their support in making the initiative a success.

As part of its commitment to social responsibility and the Saudi Green Initiative, LuLu plans to organize more such tree planting events in the future, in addition to implementing several environmental awareness programs and activities for its customers across all its branches in Saudi Arabia.


Nikken Sekkei to showcase next-gen skyscrapers prototype

Nikken Sekkei to showcase next-gen skyscrapers prototype
Updated 30 October 2024
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Nikken Sekkei to showcase next-gen skyscrapers prototype

Nikken Sekkei to showcase next-gen skyscrapers prototype

Japanese architectural, engineering and urban design firm Nikken Sekkei, one of the world’s largest practices, will introduce a new prototype for next-generation skyscrapers at Cityscape Global in Riyadh on Nov. 11-14. The prototype, designed for Tokyo, Japan and applicable for regions around the world including the Middle East, features various workplace design innovations that potentially reduce whole life carbon by up to 40 percent.

With the average temperature expected to rise by 1.5 degrees by the early 2030s, there is a growing need for global efforts to significantly reduce greenhouse gas emissions. The construction industry is a significant contributor to climate change and is responsible for approximately 37 percent of carbon dioxide emissions. This includes emissions from both the construction process and the operation of buildings.

To create attractive workplaces while minimizing the CO2 footprint of skyscrapers, Nikken Sekkei has analyzed various common practices for large-scale offices, and fundamentally re-evaluated its spatial organization and transport systems. In the new sustainable prototype, vast single-floor office spaces are replaced with multi-floor, steel-wood hybrid units that surround a central void, similar to the arrangement of leaves on a plant stem. This allows more natural light and air to permeate the space and promotes greater collaboration and efficiency by bringing employees closer together. This framework also leads to less steel and concrete usage and lower CO2 emissions.

“Our approach can be described as ‘doing more with less.’ By boldly re-imagining conventional norms, we are able to elevate spatial experiences while still reducing environmental impact,” said Dr. Fadi Jabri, executive officer of Nikken Sekkei. “Saudi Arabia and other countries around the globe are investing heavily in reducing carbon emissions to achieve net zero, and this prototype contains various essential ideas that can be combined and adapted to fit the conditions of each region. We look forward to taking this prototype to the next level and implementing our architecture solutions across the world.”

The next-gen prototype’s innovative transport system uses a combination of express elevators and escalators instead of elevators that stop at every floor. By removing these floor-by-floor elevators, a large void is created in the center of the building. This void can contain the main utility lines to improve office space efficiency and serve as a natural ventilation path. It also makes maintenance, equipment replacements, and refurbishments easier, thereby reducing CO2 emissions during operation and contributing to sustaining the building’s value and longevity.

On every express elevator landing, shared spaces are placed, serving as a lounge area or additional workspace for the office workers. These areas can be combined with terraces and contain a variety of office support functions, such as cafes, bookstores, and meeting rooms.

In terms of mechanical design, Nikken has applied biomimicry, drawing inspiration from the mechanisms of living organisms. One example is a heat recovery system mimicking the “wonder net” system, where interwoven arteries and veins exchange heat to prevent drops in body temperature.

Nikken Sekkei will be exhibiting the unique prototype at Cityscape Global at Stand H3.L20 in the Architecture Design section.


Infra and IFC ink deal to enhance infrastructure advisory services in KSA

Infra and IFC ink deal to enhance infrastructure advisory services in KSA
Updated 30 October 2024
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Infra and IFC ink deal to enhance infrastructure advisory services in KSA

Infra and IFC ink deal to enhance infrastructure advisory services in KSA

The National Infrastructure Fund and the International Finance Corporation signed a cooperation memorandum focused on offering joint advisory services for infrastructure transactions in the Kingdom. The signing took place in the presence of Minister of Economy and Planning Faisal F. Alibrahim, and Chairman of the National Infrastructure Fund and Managing Director of the International Finance Corporation Makhtar Diop.

This collaboration will build on the two institutions’ complementary expertise, specifically focusing on greenfield, brownfield, and capital markets transactions. The Infra/IFC partnership will deliver structuring and transaction advice to support the continued growth of private sector participation across the Kingdom’s high-growth infrastructure market, including sectors such as energy and energy transition, water, transport and logistics, waste management, health and education, communications and digital infrastructure among others.

The partnership will strengthen Infra’s ability to combine advice with its strategic financing capability and support accelerated outcomes for high-priority infrastructure needs. The arrangement will leverage IFC’s global track record of innovation across multiple sectors and financing strategies.

Esmail Alsallom, CEO of Infra, said: “Our partnership with IFC is an important step in expanding Infra’s offering. The integration of advice with Infra’s flexible financing solutions will play an important role in expanding the opportunities for institutional and foreign investment. We are delighted to be partnering with IFC to support higher levels of private sector investment which is critical to the success of the Kingdom’s transformative Vision 2030 agenda.” 

Diop said: “With this agreement, we reaffirm our commitment to supporting Saudi Arabia’s Vision 2030, which aims to increase private sector participation and diversify its economy. This sends a strong signal to the global business community to invest in transformative infrastructure projects in the country. Private sector engagement can unlock a new era of growth and prosperity for the Kingdom — and, at IFC, we want to make that happen.”


MBSC and HSTP sign MoU to advance Saudi healthcare

MBSC and HSTP sign MoU to advance Saudi healthcare
Updated 29 October 2024
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MBSC and HSTP sign MoU to advance Saudi healthcare

MBSC and HSTP sign MoU to advance Saudi healthcare

Prince Mohammed bin Salman College of Business and Entrepreneurship, the Kingdom’s world-class business school, has signed a memorandum of understanding with the Health Sector Transformation Program. In line with Saudi Vision 2030, the new partnership focuses on fostering the growth and development of the Kingdom’s healthcare sector.

The MoU was signed by Dr. Zeger Degraeve, dean of MBSC, and Khalid Alshaibani, CEO of HSTP. Through this agreement, MBSC and HSTP will explore opportunities to strengthen cooperation in education and training, focusing on skills development for both current and future healthcare professionals.

As part of the partnership, MBSC and HSTP will co-develop specialized training programs tailored to the needs of their respective organizations, to equip employees with advanced skills and knowledge. The two parties will also collaborate on organizing research and training events designed to foster knowledge exchange and drive innovation within the healthcare sector.

Additionally, the MoU includes provisions for sharing knowledge networks, granting both MBSC and HSTP access to a diverse pool of local and international experts. This partnership leverages the combined expertise of both institutions, creating a powerful alliance committed to the shared goal of transforming the healthcare landscape in Saudi Arabia. MBSC will also offer discounted rates for HSTP employees and their immediate family members, reinforcing its mission to nurture the Kingdom’s future leaders.

Commenting on the MoU, Degraeve said: “At MBSC, we believe that equipping professionals with the skills and knowledge required to lead in an evolving healthcare landscape is essential for overcoming challenges and capitalizing on future opportunities. We are proud to partner with HSTP in this critical endeavor, as it represents a significant milestone in advancing the Kingdom’s healthcare sector through innovative education and training initiatives.”

Located in King Abdullah Economic City, MBSC offers a modern learning environment that supports world-class education and experiential learning, delivering practical and transformative leadership development for the next generation of Saudi leaders. With campuses in both King Abdullah Economic City and Riyadh, MBSC provides hands-on learning designed to create a positive impact on the Kingdom’s future.


LuLu plants 3,000 trees in Eastern Province

LuLu’s tree planting campaign aligns with the Saudi Green Initiative.
LuLu’s tree planting campaign aligns with the Saudi Green Initiative.
Updated 29 October 2024
Follow

LuLu plants 3,000 trees in Eastern Province

LuLu’s tree planting campaign aligns with the Saudi Green Initiative.

LuLu Hypermarket recently hosted a community event in the Eastern Province in collaboration with Khobar Municipality, during which 3,000 chaste trees were planted. The event was attended by Abdullah bin Ali Al-Ayyadi, assistant director of the parks and beautification department at the municipality, who highlighted the role of the private sector in supporting environmental initiatives and driving sustainable development across the Kingdom.

LuLu’s tree planting campaign aligns with the Saudi Green Initiative, aimed at increasing green spaces and improving the quality of life across various regions of the Kingdom. The chaste tree was specifically chosen for its adaptability to the region’s climate, as well as its numerous environmental and health benefits. This tree symbolizes care for the environment and the provision of a healthy and sustainable life for future generations, reflecting LuLu Hypermarket’s commitment to supporting environmental issues and promoting sustainability.

Through this event, LuLu seeks to enhance environmental awareness among community members, emphasizing that tree planting is not merely a recreational activity but carries a powerful message urging everyone to participate in protecting the environment and conserving natural resources. The event witnessed wide participation from local community members, reflecting their growing concern for environmental issues and their desire to be part of sustainable environmental solutions.

Al-Ayyadi said that LuLu's initiative serves as a model for successful collaboration between the public and private sectors, enhancing the prospects for achieving the desired environmental goals.

Mohammed Ahmed Bobsheit, executive director of LuLu Group in the Eastern Province, said: “Through this initiative, we affirm that every tree we plant today is a seed of hope for a greener and more sustainable future. Caring for the environment is not just a duty toward the Earth, but a commitment to future generations. Together, we can make a positive difference that ensures a better world for generations to come.” 

Bobsheit also thanked Khobar Municipality for their support in making the initiative a success.

As part of its commitment to social responsibility and the Saudi Green Initiative, LuLu plans to organize more such tree planting events in the future, in addition to implementing several environmental awareness programs and activities for its customers across all its branches in Saudi Arabia.