Latest news with #KhaledbinAlwaleedbinTalalAlSaud
Trade Arabia
21-02-2025
- Business
- Trade Arabia
Raimondi unveils new range of flat-top tower cranes
Raimondi Cranes, the heritage manufacturer of intelligently designed machinery, presented the latest addition to its flat-top tower crane range during the opening of The Big 5 Construct Saudi in Riyadh. The Raimondi T577 flat-top tower crane presents a maximum jib length of 80m, and a tip load of 3,140kg in Ultralift mode. It has a maximum lifting capacity of 24,000kg, with four falls configuration. Ten different jib length combinations - from 80m to 36m - with the last three configurations offering shorten jibs and counter-jibs, improve crane stability; this coupled with enhanced versatility in tower configurations, allow for greater flexibility in terms of freestanding heights, and satisfy a broad spectrum of jobsite requirements. The Raimondi delegation was headed by Chairman Prince Khaled bin Alwaleed bin Talal Al Saud, alongside senior leadership team members. Joining Prince Khaled onsite was Group CEO Luigi Maggioni and General Manager of Raimondi Middle East Wael Hasan, to introduce the company's latest designs to valued clients and stakeholders. Fully conceptualized and developed in-house, the new flat-top crane aims to support the international increase in demand for machines with greater lifting capacities, offering high efficiency, precision, and ease of operations. "We are pleased to present the Raimondi T577 flat-top tower crane to the global construction audience," remarked Maggioni. "We had planned to launch during Big5 Construct in Riyadh to allow our regional clients first-look at the specifications, as this crane is designed to support large infrastructure construction projects – specifically those in Saudi and the wider GCC," he stated. The T577 is well matched to large-scale development jobsites due to its maximum lifting speed of 21.88 meters per minute (m/min) with 110kW hoisting gear, and drum capacity of 1,030m. The hoisting winch is fitted with an emergency hydraulic brake, further enhancing the overall safety. "High-capacity flat-tops remain in high demand in the GCC; particularly in Saudi Arabia where developers prioritize topless tower cranes with 24-ton capacity and above, essential for large-scale projects," stated Hasan. The increasing use of precast and steel structures, especially in fast-track projects, is further driving demand for efficient lifting solutions shaping the region's construction landscape, he added. According to him, the newest in the Raimondi T Series product range, the flat-top is engineered to deliver exceptional performance and reliability with both mechanical and electronic advancements; allowing for increased productivity, safety, and enhanced user-interface.
Zawya
09-02-2025
- Business
- Zawya
2025 Qatar Economic Forum to take place May 20-22
Doha – Entering its fifth year, the annual 'Qatar Economic Forum, Powered by Bloomberg' (QEF), held in collaboration with Media City Qatar, will take place from May 20-22, 2025 in Doha. This year's Forum, held under the theme ' The Road to 2030: Transforming the Global Economy ', will once again convene Heads of State, influential government officials, international CEOs and investors in Doha, to create an international platform for meaningful deal-making conversations and connections. As 2025 marks the final stretch towards the 2030 national visions of Qatar, Saudi Arabia, Abu Dhabi, and Bahrain, QEF will focus on how strategic decisions in the Gulf are influencing global economic trends. At a time of shifting geopolitical alliances and economic uncertainty, this year's Forum will explore the next phase of regional transformation and its impact on global markets. Discussions at QEF will revolve around the following thematic areas: Geopolitics, Globalization & Trade GCC economies are rewriting the rules of global trade and investment with ambitious national visions and development strategies. Discussions will explore how the final stages of these economic transformations will progress in the face of regional security pressures and a new policy environment in the United States. Energy Supplies & Security The Forum will host high-energy conversations with the power brokers setting our global relationship with oil, gas and the long-term transition to renewables. Technology Hype & Reality Artificial intelligence has become the dominant buzzword of the era, but separating hype from reality is essential. Conversations will examine how AI applications are delivering tangible benefits today and explore where AI-native startups are set to disrupt entire industries. Business & Investment Outlook The biggest names in global business and investment will share insights on how they are achieving market-beating growth while sidestepping the major hurdles facing the global economy. Sports & Entertainment Sports investing used to be a play-thing for the super-rich. Now it's a serious asset class attracting big money from hard-nosed investors. Players, leagues, owners and investors reveal the next wave of disruption poised to hit this multi-trillion dollar industry. Confirmed speakers include HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Founder & CEO, KBW Ventures; Huda Al-Lawati, Founder & CEO, Aliph Capital; Henadi Al-Saleh, Chairperson, Agility; Samia Bouazza, Group CEO & Managing Director, Multiply Group; Mathieu Chabra n, Co-founder, Tikehau Capital; William E. Ford, Chairman & CEO, General Atlantic; Goodwin Gaw, Chairman, Managing Principal, Member of Investment Committee & Co-Founder, Gaw Capital; J ayne Hrdlicka, CEO, Virgin Australia; Markus Krebber, CEO, RWE AG; Ryan M. Lance, Chairman & CEO, ConocoPhillips; Tope Lawani, Managing Partner, Helios Investment Partners; Chee Koon Lee, Group CEO, CapitaLand Investment Ltd.; Ted Leonsis, Founder, Chairman, Managing Partner & CEO, Monumental Sports & Entertainment; Rajeev Misra, CEO & Co-Founder, One Investment Management; David H. Petraeus (US Army, Ret.), Partner, Chairman of the Global Institute, KKR; with more to follow. Karen Saltser, CEO of Bloomberg Media, said 'As we approach the fifth edition of QEF, we're seeing the Gulf's economic transformation reach a pivotal moment. With national visions approaching key milestones and global markets in flux, the conversations we'll have in Doha will be more important than ever. This Forum remains a key global platform for leaders to come together to discuss, debate and define what's next for business and investment worldwide.' Eng. Jassim Mohamed Al Khori, CEO of Media City Qatar, said: 'Since its inception, 'the Qatar Economic Forum, Powered by Bloomberg' has been a cornerstone for global dialogue, where pivotal decisions influence the future of the economy. With 2030 on the horizon, regional countries continue striving toward their national aspirations, while the world stands at a crossroads of shifting markets, evolving policies, and new economic realities. This Forum is where leaders can come together to navigate complexity, forge new strategies, and shape what comes next. In Qatar, we look forward to facilitating these critical discussions.' Produced by Bloomberg Live Experiences and editorially programmed by Bloomberg News, the Forum will be available on the Bloomberg Terminal, Bloomberg TV and Additional speaker and agenda details for the 'Qatar Economic Forum, Powered by Bloomberg' will be announced at a later date. For more information and to register interest, please visit -Ends- About Bloomberg Media Bloomberg Media is the world's leading multi-platform media company for business and finance, which draws on the editorial resources of more than 2,900 editorial professionals globally in 118 countries. Bloomberg Media is the consumer-facing media organization of Bloomberg L.P. Media Enquiries Robert Koh, rkoh22@ Mona Saleh, msaleh39@
Trade Arabia
28-01-2025
- Business
- Trade Arabia
Raimondi Cranes gears up for debut Big 5 Construct Saudi
Raimondi, a leading Italian manufacturer of topless tower and luffing cranes, will aim to target Saudi Arabia's building sector during its debut participation at the 13th edition of Big 5 Construct Saudi, the largest construction event in the kingdom. The event will serve as a platform for Raimondi to target the country's active construction sector and present its latest crane model with enhanced lifting capacities. Headed by Prince Khaled bin Alwaleed bin Talal Al Saud, Raimondi Group Chairman, the Raimondi delegation onsite will include the Group CEO and the General Manager of the Middle East business segment, said the company in a statement. Scheduled to be held from February 15 to 18 at the Riyadh International Convention & Exhibition Center, Big 5 Construct Saudi will provide Raimondi with an opportunity to showcase its innovative technologies. The key models on display will include the Lumina crane cabin, advanced control systems, and a range of tower cranes and accessory solutions, stated the company. The event will also mark the launch of Raimondi's new crane model, reinforcing its commitment to serving the dynamic construction market in Saudi Arabia, and supporting the Kingdom's ambitious infrastructure goals under Vision 2030. "This marks a significant milestone for Raimondi as we plan to build on our strong presence across the Kingdom of Saudi Arabia and further increase commercial activities in the wider Mena region," remarked Luigi Maggioni, the Group CEO of Raimondi Cranes. "Visitors at our stand will get to explore the Raimondi Lumina crane cabin, installed onsite at ground level for public access," he stated. Raimondi Middle East has experienced remarkable growth over the past three years, with over 200 of its cranes deployed across major developments in the region. The Middle East division has established a strong track record of providing durable, efficient and customizable equipment, tailored to meet the demands of the region's most complex construction projects. Wael Hasan, General Manager, Raimondi Middle East, said: "Participating in The Big 5 Saudi is a strategic step as Raimondi continues to grow our footprint in the GCC, a market characterized by dynamic development and transformative megaprojects." "We have recently celebrated a key milestone with the deployment of 70 cranes across the kingdom, and we are excited to continuing contributing to its construction ambitions by delivering high-quality lifting solutions tailored to the unique needs of the market," noted Hasan.
Mid East Info
27-01-2025
- Health
- Mid East Info
Saudi Arabia Leads Global Movement in Healthspan Science: Over 2,000 Experts to Convene for Hevolution's Global Healthspan Summit 2025
The World's Largest Gathering on Aging Biology and Healthspan Science Returns to Riyadh The Global Healthspan Summit will identify new pathways and frameworks to develop and create impact around living healthier, longer, known as 'healthspan'. Taking place in Riyadh on February 4 and 5, 2025, over 150 international speakers from the US, Europe, Asia and the Middle East will convene during more than 80 sessions and six stages. Riyadh,January 2025 — Hevolution Foundation is set to host its second Global Healthspan Summit (GHS 2025) in Riyadh, Saudi Arabia, on February 4-5, 2025. The Summit will bring together over 2,000 of the brightest minds and leaders, including researchers, scientists, policymakers, venture capitalists, big pharma, biotech, international organizations, and innovators dedicated to addressing aging biology and advancing the emerging healthspan science field to tackle one of humanity's most pressing challenges: the global aging crisis. Building on the overwhelming success of the inaugural summit in 2023, GHS 2025 will feature over 150 international speakers, covering the latest breakthroughs in geroscience, aging biology, and the science of healthspan—the concept of living healthier, longer lives. As a Saudi global non-profit organization, Hevolution Foundation embodies Saudi Arabia's commitment to being at the forefront of scientific innovation and global healthspan research. Hevolution Foundation's mission aligns with Saudi Vision 2030, emphasizing enhanced quality of life and the development of a world-class healthcare sector. 'This summit is a testament to Saudi Arabia's leadership to transform the way we approach aging and health,' said Dr. Mehmood Khan, CEO of Hevolution Foundation. 'Under the theme 'Architecting The Future,' we are convening the world's most influential voices to drive innovation, foster collaboration, and deliver solutions that can improve lives for generations to come.' The event will feature more than 80 sessions across six stages, tackling cutting-edge advancements in healthspan science, aging biology, and the role of technology in revolutionizing healthcare systems to support an aging global population. Key themes include: Strategic Investments: Showcasing Saudi Arabia's $400 million commitment over three years to advancing healthspan science through grants, partnerships, and startup investments. Global Healthspan Research: Highlighting research on aging biology from around the world, with a focus on Saudi Arabia's contributions. The Role of AI and Science: Exploring how artificial intelligence and other technologies are shaping the future of health and aging. The summit will also shine a spotlight on local innovation, with a dedicated stage, The Plaza, where 12 biotech startups will compete in a Shark Tank-style competition for a monetary prize and mentorship from global biotech leaders. Esteemed judges for this competition include H.R.H. Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO, KBW Ventures, Abdulrahman AlOlayan, CEO of BetaLab, Dr. William Greene, CIO of Hevolution Foundation, and Dr. Christoph Westphal, Co-Founder of Longwood Fund. In 2023, Hevolution hosted the inaugural Global Healthspan Summit, which brought together over 2,000 delegates and 120 speakers from leading organizations, including Eli Lilly, GSK, Harvard, Mayo Clinic, the World Bank, and the World Health Organization. The summit focused on aging, healthcare innovation, and the healthspan ecosystem. During the 2023 event, Hevolution announced over $100 million in new funding to accelerate healthspan research, including $40 million for the Hevolution XPRIZE Healthspan, $16 million for early-career researchers through the American Federation for Aging Research, and $7.1 million for postdoctoral fellowships and scholarships for Saudi scientists. 'Healthspan represents the quality of years lived in good health, free from chronic illness, and Saudi Arabia is taking the lead in shaping this global movement,' said Her Royal Highness Princess Dr. Haya Bint Khaled Bin Bandar Al Saud, Senior Vice President of Research at Hevolution Foundation. 'Through Hevolution, we are driving transformative research and creating opportunities for groundbreaking collaboration and building capability right here in the Kingdom and worldwide.' In its commitment to fostering scientific talent and advancing research in aging biology, Hevolution Foundation is also proud to announce awarding 14 new grantees for the second round of Saudi Arabia Open Call for Grants. This round saw a 20 percent increase in submissions, reflecting growing interest in aging and healthspan research. The new grantees come from seven leading institutions across the Kingdom, including KAIMRC, KAUST, KSU, and others. With a total investment of SAR 20 million over two rounds, these grants aim to support innovative research on aging and healthspan research. The grantees are: King Abdullah International Medical Research Center (KAIMRC): Hassan Alamri Bandar Alghanem Rawan Alnafisah Lubna Alnasser Sameer Mohammad King Abdullah University of Science and Technology (KAUST): Leena Ibrahim Nouf Laqtom Bruno Reversade King Saud University (KSU): AlMaarefa University: Fakeeh College for Medical Sciences: University of Tabuk: Imam Abdulrahman Bin Faisal University: These researchers are making significant strides in the fields of biological aging, circadian rhythms, biomarkers, and age-related diseases. As a global non-profit based in Saudi Arabia, created by a Royal Order, Hevolution Foundation represents the Kingdom's commitment to advancing healthspan science, aligning with the progressive vision of Saudi Vision 2030 and National Biotech Strategy. Saudi Arabia has positioned itself as a driving force in addressing the rapidly aging population and improving quality of life worldwide. The GHS 2025 invites the global community and the people of Saudi Arabia to join this pivotal event and work together to shape a future where healthier, longer lives are a reality for all. About Hevolution Foundation: Hevolution Foundation is a global catalyst, partner, and convener dedicated to extending healthy human lifespans and advancing our understanding of aging. By treating aging as a process that can be addressed, the Foundation works to increase the availability of aging-related treatments, accelerate drug development timelines, and improve access to therapeutics that enhance healthspan—the number of years we live in good health. Headquartered in Riyadh, Saudi Arabia, with a North American hub and an annual budget of up to $1 billion, Hevolution is the world's largest philanthropic funder in healthspan and aging research. Over the past three years, the Foundation has committed $400 million to advancing research and innovation in this field. With plans to establish offices in additional locations worldwide, the Foundation is on a mission to propel breakthroughs that empower humanity to live healthier, longer lives.
Associated Press
26-01-2025
- Business
- Associated Press
Saudi Sports for All Federation to Launch International Sporting Events in February 2025, Uniting SFA Expo and Riyadh Marathon
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Jan 26, 2025-- The Saudi Sports for All Federation (SFA) has announced a new initiative taking place from February 5-8, 2025, combining two major events: the SFA Expo and Riyadh Marathon. This initiative aligns with SFA's mission to inspire healthier lifestyles and foster community engagement through physical activity. The SFA Expo, from February 5-7, 2025, at JAX District, will feature interactive zones focused on health, fitness, and wellness. These include areas for kids' sports, physical activities, athlete success stories, fitness technologies, and healthy eating. A dedicated marathon zone will streamline race kit distribution and pre-race activities. The first SFA Expo attracted over 12,000 visitors, 58 exhibitors, 13 Saudi federations, and 60 speakers. The Riyadh Marathon on February 8, 2025, offers four race categories: a 42 km full marathon, 21 km half marathon, 10 km race, and 4 km family run, with routes highlighting Riyadh's landmarks. Last year's event attracted over 20,000 runners from 125 countries, with Saudis making up a record 58%. The 2025 edition aims to attract 40,000 participants. Both events are supported by key sponsors. Saudi Awwal Bank (SAB) returns as the presenting partner for the Riyadh Marathon. Strategic partners for both events include ASICS and Tawuniya. HRH Prince Khaled bin Alwaleed bin Talal Al Saud, President of SFA, said: 'The launch of the Saudi Sports for All Federation's events, combining SFA Expo and the 2025 Riyadh Marathon, represents a significant step forward in our mission to make physical activity a cornerstone of daily life in the Kingdom. We will not only celebrate athletic excellence but also provide a platform for our community to explore new sports and embrace healthier lifestyles.' Ms. Shaima Saleh Al-Husseini, Managing Director of the SFA, said: 'Bringing our events together under one umbrella will create a dynamic, engaging experience for all attendees. Whether you are an elite athlete, a fitness enthusiast, or simply someone looking to lead a healthier lifestyle, this initiative will offer something for everyone.' Aligned with Saudi Vision 2030, these events promote fitness as a key aspect of Saudi Arabia's social fabric. The Riyadh Marathon holds the prestigious 'World Athletics Elite Label Road Race' classification. More details regarding the venues, marathon route, and sponsors will be announced in the coming days. About (SFA) The Saudi Sports for All Federation (SFA) is a proactive community sport and wellness organization founded to promote a healthy lifestyle in the Kingdom of Saudi Arabia. It provides access to opportunities for members of society to practice physical activity. Partnering with government organizations, sports delivery bodies, and the public and private sectors, the SFA focuses on increasing physical activity and health metrics across the country. The SFA advances four strategic priorities: education; community and volunteering; fitness and wellbeing; and campaigns and promotion, designing recreational sports programs tailored for women, men, youth, and persons with disabilities. Copyright Business Wire 2025. PUB: 01/26/2025 12:12 PM/DISC: 01/26/2025 12:12 PM
