Connect with us
European Gaming Congress 2024

Artificial Intelligence

Global Health Exhibition Launches in Riyadh, Witnessing SAR 50 Billion in Investments on its First Day

Published

on

global-health-exhibition-launches-in-riyadh,-witnessing-sar-50-billion-in-investments-on-its-first-day

RIYADH, Saudi Arabia, Oct. 21, 2024 /PRNewswire/ — The seventh edition of the Global Health Exhibition has kicked off under the theme “Invest in Health” at the Riyadh International Convention and Exhibition Center in Mulham, north of Riyadh. The event is hosted under the patronage of the Ministry of Health, supported by the Health Sector Transformation Program, and organized by “Tahaluf” – a joint venture between the Saudi Federation for Cybersecurity, Programming, and Drones, Informa Global, and the Event Investment Fund. The exhibition will continue until October 23.

During the opening ceremony, the Minister of Health, His Excellency Fahd bin Abdulrahman Al-Jalajel, highlighted the impact of health transformation in the sector, stating: “We aim to position Saudi Arabia as a hub for addressing current and future global challenges, following a unified government approach under Vision 2030. This is based on the principle of ‘health in all policies’ by developing regulations that encourage investment in innovation, building a healthcare system that unleashes the power of digital solutions and artificial intelligence, and developing local healthcare talent while attracting the best minds from around the world. These efforts are driving us forward in our health transformation with concrete and measurable steps.” He added, “Today, we are proud of the World Health Organization’s recognition of Saudi Arabia’s elimination of trans fats from food products, placing the Kingdom at the forefront of countries receiving this distinction. Additionally, the WHO has announced that Saudi Arabia, represented by the Saudi Food and Drug Authority, is the first country in the region to achieve the highest ‘maturity level 4′ in the regulation of medicines and vaccines.”
Al-Jalajel also highlighted the expansion of the Saudi Board Program, which now offers 170 healthcare specialties, with 3,000 international practitioners enrolled. Speaking on investment opportunities, he said: “Investment in the healthcare sector continues to grow, with Saudi Arabia leading the region in healthcare investments. The largest public offering in the Saudi market this year was for Dr. Faqih Healthcare Group, preceded by the IPO of Dr. Sulaiman Al Habib Group, which was among the largest at the time, solidifying the healthcare sector as the fastest-growing in the Saudi market.” He also noted the rapid growth of private health insurance, stating, “In 2011, only 3 million people had health insurance. By the end of 2023, that number had increased to over 12 million, with a market size of SAR 40 billion, expected to double by 2030.” Al-Jalajel further announced the second generation of the “Takkad” centers, the digital twin feature within the “Sehhaty” app, as well as the inclusion of the Virtual Health Hospital in the Guinness World Records as the largest virtual hospital in the world. He also mentioned that exceptional international medical professionals have been granted the Premium Residency.
The Global Health Exhibition witnessed investments exceeding SAR 50 billion, including notable announcements such as a SAR 4 billion pharmaceutical manufacturing deal between NUPCO, Novo Nordisk, and Sanofi, a SAR 5 billion expansion in Faqih Medical Group, and the construction of five primary care centers and two hospitals by Al Mousa Healthcare at a value of SAR 3 billion. The exhibition also announced Dallah’s acquisition of Al Salam Hospital and Al Ahsa Hospital in the Eastern Province, adding a total of 749 beds, and the construction of a new Dallah Hospital in Riyadh with a 250-bed capacity and potential for expansion, valued at SAR 4 billion.
On the sidelines of the exhibition, several agreements and partnerships were signed, including a partnership between the Council of Health Insurance and Alfaisal University, a memorandum of understanding between Imam Abdulrahman Bin Faisal University and the National Institute for Health Research, and an MoU between the Ministry of Health’s Engineering and Supply Affairs Division and the National Center for Vegetation Cover and Combating Desertification. Additionally, MoUs were signed between the Ministry’s National Health Command and Control Center and the Ministerial Committee for Traffic Safety, along with collaboration agreements between Lean Business Services and Elm, and between the Public Health Authority (Weqaya) and King Faisal Specialist Hospital and Research Center, among others.
The exhibition opened with five key platforms: the Leadership Summit, Health Transformation Exhibition, Digital Health Exhibition, Medical Excellence Exhibition, and Investors’ Exhibition. Other highlights include the NUPCO Health Innovation Hackathon, the “Next Generation Vision” competition for startups, and several unique experiences such as 3D medical diagnostics, the Medical Escape Room Challenge, and sporting activities, with prizes exceeding SAR 2 million awarded to attendees throughout the event.

View original content:https://www.prnewswire.co.uk/news-releases/global-health-exhibition-launches-in-riyadh-witnessing-sar-50-billion-in-investments-on-its-first-day-302281758.html

Continue Reading
Advertisement

Artificial Intelligence

StarCompliance Strengthens Commitment to Innovation With Appointment of New Chief Product Officer

Published

on

starcompliance-strengthens-commitment-to-innovation-with-appointment-of-new-chief-product-officer

Kelvin Dickenson joins Star as Chief Product Officer, driving product leadership forward
ROCKVILLE, Md., Oct. 21, 2024 /PRNewswire/ — StarCompliance (Star), a leading provider of employee compliance technology solutions, announced today that industry veteran Kelvin Dickenson will join the company as Chief Product Officer. This strategic hire underscores Star’s commitment to continued innovation and transformation in the employee compliance space. Dickenson will spearhead the company’s product strategy and road map, delivering value for customers and advancing the next generation of the Star Platform.

“We are thrilled to welcome Kelvin Dickenson to Star, especially with his long history of sparking innovative growth throughout his career,” Star CEO Jennifer Sun said. “His arrival is particularly significant as we accelerate the evolution of our products. His extensive background in both software and data will enable us to deliver better reporting and analytics through the Star platform.”
Dickenson joins Star as a highly accomplished senior executive, recognized for his decisive leadership and focus on driving value through revenue growth, EBITDA expansion, business transformation, and product innovation. Most recently, Dickenson was SVP/General Manager at SAI360. Prior to that, he served as CEO of Opus, Managing Director of Global Compliance Solutions at Dun & Bradstreet, and Director of Commercial Risk Management at MBNA. His expertise spans financial services SaaS platforms, GRC, regulatory compliance, and counterparty risk.
About StarCompliance
StarCompliance is the world’s leading provider of employee compliance technology solutions. Trusted for over 25 years by millions of users in 114 countries, Star’s next-generation platform and user-friendly interface delivers the data, technology, and actionable insights needed to proactively mitigate risk, monitor conflicts globally, and support complex whistleblowing regulations. Visit www.starcompliance.com to discover the comprehensive security and unparalleled assurance you need to build a culture of compliance today.
Media Contact: Greg TarminEmail: [email protected] Phone: 917-868-7791

View original content:https://www.prnewswire.co.uk/news-releases/starcompliance-strengthens-commitment-to-innovation-with-appointment-of-new-chief-product-officer-302282048.html

Continue Reading

Artificial Intelligence

Brandwatch Announces Key Leadership Changes to Accelerate Growth and Innovation

Published

on

brandwatch-announces-key-leadership-changes-to-accelerate-growth-and-innovation

CHICAGO, Oct. 21, 2024 /PRNewswire/ — Brandwatch, the global leader in social media intelligence, today announced several strategic leadership changes to drive continued growth and innovation. 

Channing Ferrer has been promoted to Global President of Brandwatch. In this expanded role, Ferrer will lead overall global business strategy and growth initiatives. He brings a wealth of experience in building and scaling successful go-to-market strategies for SaaS companies. Before joining Brandwatch, he held leadership positions at Semrush (SEMR), HubSpot (HUBS), and Acquia (Acq. Vista Equity). “I am honored to take on this new role at Brandwatch,” said Ferrer. “With our innovative product offerings and talented team, we are well-positioned to continue our growth trajectory and deliver exceptional value to our customers.” 
In addition to Ferrer’s promotion, Brandwatch has strengthened its leadership team with the following new appointments: 
Matt Tippets has been appointed Chief Product and Technology Officer. Tippets, who previously held senior roles at Drift, Total Expert, and Salesforce (CRM) brings extensive experience in product innovation and scaling cloud-based software solutions. Henry Spitzer has joined the team as Senior Vice President, Americas Sales. Spitzer brings proven ability in scaling teams and revenues globally, having previously held leadership roles at CarGurus (CARG) and Lusha. His ability to build and lead high-performance sales teams will be invaluable as Brandwatch continues to expand its market reach. Beth Brown has come on board as Senior Vice President, Global Agency and Business Solutions. Beth is a forward-thinking leader in digital media marketing and product development, with proven expertise in driving innovation at industry-leading companies such as EssenceMediacom, Media Futures Group, and R/GA. Jordan Gorosh has been brought in as Enterprise Sales Leader. Gorosh, an experienced leader with a background at companies like Sprinklr (CXM), Google (GOOG), and Yelp (YELP), will leverage his skills in building and leading high-performance go-to-market teams. “We are thrilled to welcome these exceptional leaders to Brandwatch,” said Ferrer. “Their combined expertise and experience will be instrumental in driving our continued growth and innovation.” 
These leadership appointments further strengthen Cision’s expanding team of seasoned executives. Earlier this year, Matt Brown was appointed President of PR Newswire and Elgar Welch became President of CisionOne. Together, their collective expertise will play a pivotal role in driving Cision’s continued success. 
About BrandwatchBrandwatch is a Cision Company. Cision is the global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data-driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, and PR Newswire, enable over 75,000 companies and organizations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them.
For media inquiries, please contact: Cision Public Relations at [email protected]
Logo – https://mma.prnewswire.com/media/2534994/Brandwatch_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/brandwatch-announces-key-leadership-changes-to-accelerate-growth-and-innovation-302281705.html

Continue Reading

Artificial Intelligence

Obligo Raises $35M to Expand Its Security Deposit Solutions Across Millions of U.S. Homes

Published

on

obligo-raises-$35m-to-expand-its-security-deposit-solutions-across-millions-of-us.-homes

Co-led by 83North and True Global Ventures, the funding will accelerate the expansion of strategic partnerships and the launch of additional products.
NEW YORK, Oct. 21, 2024 /PRNewswire/ — Obligo, the fintech company that builds trust between renters and landlords through its suite of flexible security deposit solutions, announced today that it has secured $35M in new funding. The investment comes as Obligo experiences a period of rapid growth, driven by recently announced partnerships with property management software companies AppFolio, Buildium, and Yardi.

The funding round, co-led by True Global Ventures and 83North, will fuel the company’s continued product innovation, IP development, and expansion of strategic partnerships as it moves closer to achieving profitability. Additional equity and debt investors participating in the round include 10D, Entrée Capital, HighSage Ventures, MUFG Innovation Partners, and Viola Credit.
“This investment is a testament to the market’s confidence in our machine learning technology, API-first distribution strategy and our vision for the future of renting,” said Roey Dor, CEO and Co-Founder of Obligo. “The value is clear: a recent survey showed that 55% of renters cited Obligo as a key factor in selecting their current home. With these additional resources and our recently announced property management software partnerships, we are uniquely positioned to become the top deposit solution for millions of U.S. homes.”
As part of this funding round, Obligo proudly welcomes Lilia Shirman, Partner at True Global Ventures, to its Board of Directors. “Obligo is a game-changer for leveraging machine learning and AI in real estate. The company’s growth and strategic channel partnerships are evidence of the tremendous value they deliver to renters and property managers alike.” said Shirman. “We are excited to partner with Obligo to catalyze its vision for creating unprecedented trust and flexibility in the residential rental market.”
For more information, visit myobligo.com.
About Obligo
Obligo harnesses financial technology to build trust between renters and landlords, making the move-in and move-out process as simple as checking in and out of a hotel. As the first security deposit alternative utilizing bank-issued Letters of Credit supported by Wells Fargo, Obligo uses Open Banking and AI to determine renters’ eligibility to rent deposit-free.
Founded in 2018 by brothers Roey Dor and Omri Dor, Obligo is bringing its industry-changing rental solutions to millions of homes across the United States.
About 83North
83North is a global venture capital firm. The firm invests across all stages, in exceptional entrepreneurs focusing on building global category leading companies. For more information visit www.83north.com and follow @83NorthVC on Twitter.
About True Global Ventures
True Global Ventures is a global venture capital firm with two actively deploying funds: TGV 4 Plus Fund (early stage) and TGV Opportunity Fund (late stage). The firm focuses on partnering closely with fast-growing, technology-driven businesses driving transformative change in business efficiency, financial services, sustainability, and other emerging sectors, and has a strong track record in enterprise AI and blockchain investments. For more information, visit www.tgvplus.com.
Media ContactKeegan St. [email protected]
Logo – https://mma.prnewswire.com/media/1337090/Obligo_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/obligo-raises-35m-to-expand-its-security-deposit-solutions-across-millions-of-us-homes-302281279.html

Continue Reading

Trending