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Arcapita signs strategic partnership with King Abdullah Economic City to Develop Industrial Facilities

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 Arcapita, the global alternative investment firm, and King Abdullah Economic City (KAEC), announced that they have signed a Memorandum of Understanding (MoU) at a ceremony held in Bahrain. This strategic collaboration will focus on developing state-of-the-art warehousing facilities, promoting the Industrial Valley’s growth, enhancing operational capabilities within KAEC and the Kingdom, fostering innovation, and attracting foreign investment.

Under the terms of the MoU, Arcapita will leverage its expertise in creating high-quality built-to-suit industrial real estate facilities and oversee the development of warehouses tailored to meet the requirements of potential tenants, further contributing to the region’s industrial and logistical growth.

The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley & KAEC Special Economic Zone, and Isa Al Khalifa, Director of MENA Real Estate at Arcapita. This partnership reflects a shared commitment to building world-class industrial infrastructure and driving sustainable development in the Kingdom of Saudi Arabia.

Eng. Majid Abdullah Matbouly, Chief Industrial Valley & KAEC Special Economic Zone Officer, said: “This MoU is a significant step in KAEC’s mission to develop a leading industrial and economic powerhouse. With Arcapita’s proven expertise in global and regional asset management, we are confident this partnership will elevate the Industrial Valley’s service offerings, competitiveness, and global appeal.”

The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-quality investors. Additionally, the development will include ESG-compliant warehousing projects ensuring environmental sustainability and operational efficiency. It will also enable participation in a growing portfolio of flagship assets that offer attractive risk-adjusted returns.

In addition to infrastructure development, the MoU outlines key promotional and operational roles for KAEC and Arcapita. As a strategic partner, KAEC will coordinate involvement in KAEC-related activities and conferences. This agreement is expected to generate substantial economic and industrial growth opportunities for the Industrial Valley, further solidifying its status as Saudi Arabia’s premier industrial hub.

Isa Al Khalifa, Director of MENA Real Estate at Arcapita, said: “We are pleased to collaborate with KAEC. Together, we aim to establish modern industrial facilities that align with global standards, delivering innovative and environmentally sustainable solutions to our partners and stakeholders.”

This partnership is a significant step for KAEC, underlining its commitment to building a world-class industrial ecosystem. By collaborating with Arcapita, KAEC will improve its potential to attract foreign investors, offer cutting-edge ESG-compliant warehousing solutions, and expand its offer to tenants and enterprises. This collaboration not only reaffirms KAEC’s pivotal role in driving the industrialization of the Saudi economy but also lays the foundation for a new era of sustainable development, innovation, and global partnerships.

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Under the patronage of: Ministry of National Guard Health Affairs The 7th Annual Saudi International Vaccination forum will be held on 17th May in Riyadh

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Under the patronage of Ministry of National Guard Health Affairs, and King Saud bin Abdulaziz University for Health Sciences, Riyadh to host the 7th Annual Saudi International Vaccination Forum from the 17th to the 18th of May, 2025.
This Forum is a premier initiative in the Middle East to gather policy makers, distinguished regional and international experts and professional associations to exchange insights and discuss recent updates, national and international guidelines in the field of vaccination, and highlight the critical role of effective vaccine implementation in improving public health in the region.

The 7th Annual Saudi International Vaccination Forum Chairman, Dr. Majid Al Shamrani, Executive Director, Infection Prevention and Control Program, King Abdulaziz Medical City, Ministry of National Guard Health Affairs, Riyadh, KSA, said: “The 7th edition of the forum in strategic partnership with the Ministry of National Guard Health Affairs gathering the global and regional leaders and experts. Over the years, this event has become a premier platform for advancing immunization science, fostering cross-sector collaboration, and shaping national and regional vaccine strategies” .
“This year’s theme, ‘Vaccination for Healthier Communities: Protecting Lives, Promoting Wellbeing’, reflects our unwavering commitment to public health. It highlights the pivotal role vaccines play in disease prevention, community resilience, and emerging infectious threats, this forum brings together thought leaders, policymakers, and frontline professionals to explore innovative solutions”. Added Dr. Majid Al Shamrani.
The forum will provide an exceptional scientific program that covers sessions about vaccine policy and regulations, the latest updates about vaccines and vaccine preventable diseases, new vaccines in the pipeline, through interactive presentations, panel discussions and educational workshops. The main theme for this year’s forum emphasizes the transformative power of vaccination in creating healthier, more resilient communities by protecting lives, preventing diseases, and promoting overall wellbeing. It underscores the collective responsibility, partnerships, and commitment required to achieve a healthier and safer future for everyone.
The 7th Annual Saudi International Vaccination Forum Co Chair, Dr. Fayssal Farahat, Director, Community and Public Health, Infection Prevention and Control Program, King Abdulaziz Medical City, Ministry of National Guard Health Affairs, Riyadh, KSA, said: “This year’s forum, themed ‘Vaccination for Healthier Communities: Protecting Lives, Promoting Wellbeing,’ promises to be a pivotal event in the ongoing global conversation on immunization. The program will feature cutting-edge sessions that explore global immunization strategies, the leadership role of technical advisory groups, and advancements in vaccines for special populations. We will spotlight pioneering research emerging from Saudi Arabia and the region, fostering innovation and collaboration. Furthermore, we will delve into critical topics including vaccine confidence, the impact of strengthening health systems, and the vital role of healthcare providers in advancing immunization efforts for healthier communities”.
“This leading event stands as a testament to our unwavering commitment to advancing global health and driving innovation in immunization science. By uniting leading experts, researchers, and policymakers, this forum serves as a vital platform to confront pressing challenges, share groundbreaking research, and enhance collaboration in vaccine development and accessibility. It also reflects the Kingdom’s dedication to preventive health, continuous medical education, and evidence-based practice to enhance building a healthier, more resilient future for all”. Commented the 7th Annual Saudi International Vaccination Forum Co Chair, Dr. Mohammed Al Zunitan, Deputy Executive Director, Infection Prevention and Control Program, King Abdulaziz Medical City, Ministry of National Guard Health Affairs, Riyadh, KSA.

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MERED Unveils Strategic Vision for Saudi Arabia at Saudi Giga Projects 2025

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MERED, the award-winning international real estate developer, outlined its long-term investment plans and strategic vision for Saudi Arabia at Saudi Giga Projects 2025 in Riyadh. The event, a key platform aligned with Vision 2030, brought together government bodies, giga project leaders, and private sector executives to discuss development, contracting, and talent-building opportunities within the Kingdom’s fast-growing construction and real estate sectors. As part of MERED’s participation, CEO Michael Belton joined a fireside chat where he shared insights into the company’s market entry approach and growth plans for the Saudi market.
“The Kingdom’s rapid urban and infrastructure growth is reshaping residential demand and creating new opportunities for long-term development,” said Michael Belton, CEO of MERED. “Vision 2030 and ongoing economic diversification are driving strong demand across residential, retail, commercial, and hospitality sectors, supported by investor-friendly reforms. In major cities like Riyadh and Jeddah, we’re seeing increased interest in premium and luxury living, as well as growing demand for Class A office spaces that reflect the ambitions of a modern business environment. MERED is well-positioned to meet these changing market needs through high-quality, innovative developments that offer lasting value.”
Yazan Al-Khalidi, Chief Commercial Director at MERED, joined a panel alongside leading developers, consultants, and contractors to discuss workforce capabilities and the skills required to deliver Saudi Arabia’s giga projects efficiently and at scale. The Kingdom’s real estate sector is projected to contribute 10% to GDP by 2030, while non-oil economic activity now accounts for over 50% of national GDP. Knight Frank’s Saudi Report 2025 reveals that 93% of high-income Saudi nationals are actively seeking to buy property, reinforcing the country’s ambition to build a competitive luxury real estate market.
Alongside its growth plans in Saudi Arabia, MERED is supporting the development of future architectural talent in line with the region’s broader goal of equipping young people with in-demand skills. As part of this effort, the company is sponsoring a select group of students to attend the Pininfarina Architecture Summer School in Turin this July, through its partnership with the prestigious Pininfarina Academy, founded by the renowned Italian design house. The program offers hands-on training and exposure to international design practices, giving participants valuable experience they can apply to architectural projects across the region.
MERED’s participation underscores its broader commitment to supporting the Kingdom’s real estate ambitions through innovation, sustainability, and knowledge transfer. With a pipeline of projects already launched in Dubai and Abu Dhabi, including the 290-meter ICONIC Residences designed by Pininfarina, the brand is well-positioned to introduce high-end, future-ready developments to the Saudi market.

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ميريد تكشف عن رؤيتها الاستراتيجية للمملكة العربية السعودية

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في إطار مشاركتها في قمة المشاريع العملاقة السعودية 2025

ضمن مشاركتها في فعاليات قمة “المشاريع السعودية العملاقة 2025” في الرياض، استعرضت ميريد، شركة التطوير العقاري العالمية الرائدة الحائزة على عدة جوائز مرموقة، خططها الاستثمارية طويلة الأجل ورؤيتها الاستراتيجية للمملكة العربية السعودية. ضمّ هذا الحدث البارز، الذي يُعد منصة رئيسية لدعم أهداف رؤية السعودية 2030، الجهات الحكومية وقادة المشاريع العملاقة ونخبة من المديرين التنفيذيين من القطاع الخاص لمناقشة فرص التطوير والتعاقد وتعزيز المواهب في قطاعي البناء والعقارات في المملكة لما يتميزان به من النمو السريع. وفي إطار مشاركة ميريد، انضم الرئيس التنفيذي مايكل بيلتون إلى جلسة نقاشية جانبية شارك فيها الحضور نهج الشركة لدخول السوق السعودي وخططها للنمو في المملكة.
يقول مايكل بيلتون، الرئيس التنفيذي لشركة ميريد: “يُعيد نمو المناطق الحضرية السريع والبنية التحتية المتميزة في المملكة العربية السعودية تشكيل الطلب على المساكن ويقدّم فرصاً جديدة للتنمية طويلة الأجل. تساهم رؤية السعودية 2030 والتنويع الاقتصادي المستمرّ والتعديلات على أنظمة التملّك بتعزيز الطلب القوي في قطاعات السكن والتجزئة والتجارة والضيافة وتسهيل الاستثمار. نشهد اهتماماً متزايداً في المدن الكبرى كالرياض وجدة بأنماط المعيشة الفاخرة والمتميزة، بالإضافة إلى طلبٍ متزايد على مساحات المكاتب الراقية التي تعكس طموحات بيئة الأعمال الحديثة. تتمتّع ميريد بمكانةٍ متميزة تُمكّنها من تلبية احتياجات السوق المتغيرة من خلال تطوير مشاريع عقارية مبتكرة وبأعلى معايير الجودة لتقديم قيمةً مستدامة.”
كما انضم يزن الخالدي، رئيس العمليات في ميريد، إلى حلقة نقاشية مع أبرز المطورين والاستشاريين والمقاولين لمناقشة القدرات والمهارات اللازمة لمنظومة القوى العاملة لتنفيذ المشاريع العملاقة في المملكة العربية السعودية بكفاءة وعلى نطاق واسع. حالياً، يمثّل النشاط الاقتصادي غير النفطي أكثر من 50% من الناتج المحلي في المملكة، ومن المتوقع أن يساهم قطاع العقارات بنسبة 10% في الناتج المحلي الإجمالي بحلول عام 2030. وفقاً لتقرير نايت فرانك عن السوق السعودي لعام 2025، يسعى 93% من المواطنين السعوديين ذوي الدخل المرتفع لشراء العقارات، مما يعزز طموح الدولة لإرساء القواعد لسوق عقارات فاخرة تنافسي للغاية.
وإلى جانب خططها التنموية في المملكة العربية السعودية، تدعم ميريد تطوير المواهب المعمارية المستقبلية بما يتماشى مع الهدف الأوسع للمنطقة المتمثل في تمكين الكوادر الشابة والارتقاء بمهاراتها. ولتحقيق ذلك، تقدّم ميريد الدعم والرعاية لمجموعة مختارة من الطلاب للانضمام لدورات بينينفارينا الصيفية في مجال الهندسة المعمارية في تورينو خلال شهر يوليو المقبل، وذلك من خلال شراكتها مع أكاديمية بينينفارينا المرموقة، التي أسسها بيت التصميم الإيطالي الشهير. يقدم البرنامج للطلاب دورات تدريبية عملية وفرصةً للاطلاع على ممارسات التصميم العالمية، مما يمنح المشاركين المعارف والخبرات القيّمة لتطبيقها في مشاريع معمارية في جميع أنحاء المنطقة.
تُؤكد مشاركة ميريد في “قمة العقارات السعودية العملاقة 2025” التزام الشركة بدعم طموحات المملكة العقارية من خلال الابتكار والاستدامة ونقل المعرفة. ومع سلسلة من المشاريع الفخمة التي تم إطلاقها في دبي وأبوظبي، بما في ذلك مشروع آيكونيك ريزيدنسيز من تصميم بينينفارينا، والذي يبلغ ارتفاعه 290 متراً، تتمتع ميريد بمكانة متميزة تُمكّنها من إطلاق مشاريع عقارية راقية جاهزة للمستقبل في السوق السعودي.

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