logo
GlobeMed Saudi and Orient Insurance Saudi branch announce collaboration to offer differentiated services to insured members

GlobeMed Saudi and Orient Insurance Saudi branch announce collaboration to offer differentiated services to insured members

Zawya4 days ago

GlobeMed Saudi, the leading healthcare benefits management company in the Kingdom of Saudi Arabia, announces a collaboration with Orient Insurance – Saudi Branch, part of Orient Group, a top-tier insurance provider in the UAE with strong regional expertise. This collaboration, effective from May 2025, will enable Orient Insurance's insured members to access quality healthcare services, ensuring an exceptional customer experience.
GlobeMed Saudi offers Orient's insured members access to a wide Network of over 3,800 healthcare providers, including a broad selection of hospitals, medical complexes, pharmacies, diagnostic centers, dental clinics, physiotherapy centers, and optical centers across the Kingdom. To further enhance the member journey, GlobeMed operates 13 field offices at key hospitals, providing seamless support and on-site assistance at provider locations.
This is further supported by the 'GlobeMed FIT' mobile app, which allows members to manage their insurance coverage easily, reflecting GlobeMed's commitment to enhancing the customer experience.
On this occasion, Jad Moawad, General Manager of GlobeMed Saudi, said 'We welcome Orient Insurance and proud to have them onboard among our trusted portfolio of clients. This partnership reflects our common mission to support insured members we proudly serve in the Kingdom.' He added, 'Our collaboration with Orient Insurance holds a great promise for driving success and delivering value to insured members. Together, we are committed to enhancing their satisfaction through seamless service.'
Orient Insurance is one of the leading insurance companies in the UAE and several regional markets, backed by over 40 years of experience. As the company enters the Saudi market, it leverages this expertise to provide comprehensive insurance services designed to meet local market needs.
With over 20 years of experience in the ever-evolving Saudi healthcare market, GlobeMed Saudi puts its vast healthcare benefits management expertise and state-of-the-art digital solutions at the service of its clients and their insured members for the smooth delivery of health insurance services.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fintech revolution: Borderless finance driving inclusion with GTN
Fintech revolution: Borderless finance driving inclusion with GTN

Khaleej Times

time28 minutes ago

  • Khaleej Times

Fintech revolution: Borderless finance driving inclusion with GTN

The future of fintech is undeniably here, defined by accessibility, personalisation, and seamless integration of financial services into everyday life. As the financial landscape evolves, investing and money management are becoming embedded in our daily transactions, with GTN leading this revolution by helping institutions adapt while driving financial inclusion across the Middle East and North Africa (Mena) region. Financial technology has democratised money management. Investment opportunities once reserved for the wealthy are now available to everyday consumers through intuitive, automated solutions like round-ups, auto-sweeps, dollar-a-day investing, and micro-portfolios. These innovations foster financial habits previously inaccessible to most people, transforming how we build wealth. The brilliance of modern fintech isn't just about access, it's about integration. API-driven architectures allow users to interact with finances naturally and effortlessly. Whether it's automatic micro-portfolio contributions or smart savings tools within banking apps, these services blend seamlessly into existing digital experiences, requiring minimal conscious effort from users. Remarkable shift in Mena In Mena, this transformation is accelerating rapidly. The Mena region has seen a remarkable shift in recent years, moving swiftly to embrace fintech innovation and positioning itself as a serious contender on the global stage, thanks to forward-thinking regulation and a surge in digital engagement. The UAE, Saudi Arabia, and Bahrain have implemented progressive initiatives including regulatory sandboxes and national strategies like Saudi Vision 2030, creating fertile ground for fintech growth and digital banking. As a result, investment opportunities once limited to high-net-worth individuals are becoming widely accessible. This revolution is reshaping the competitive landscape, with financial institutions facing mounting pressure to meet elevated customer expectations. Today's consumers demand experiences characterised by speed, convenience, transparency, and personalisation. Standards set by other digital industries. Banks and brokers throughout Mena are racing to modernise their offerings with platforms that deliver fast, secure, and intuitive financial tools. GTN excels GTN excels in this environment as a fintech leader providing cutting-edge solutions that help both established institutions and emerging startups scale efficiently. Their API-driven platforms and customisable solutions enable seamless integration of advanced trading and investing capabilities without the limitations of legacy systems. This empowers institutions to remain competitive amid rapid market changes. Organisations like ADIB Securities have embraced GTN's technology to create user-friendly trading platforms appealing to millennial and Gen Z investors. These platforms offer personalised experiences and unified access to diverse financial products, from stocks to bonds to commodities all within a cohesive environment. In today's digital transformation era, success comes through collaboration rather than competition between fintechs and traditional institutions. Together, they're building an inclusive, efficient financial ecosystem accessible to all. GTN stands at the forefront of this movement, helping Mena financial institutions unlock new opportunities while ensuring broader financial inclusion. The journey towards borderless finance is underway, with fintech leaders like GTN driving innovation. As technology evolves, the vision remains clear: to make financial services accessible, personalised, and integrated into everyday life, ensuring everyone can build the financial future they deserve.

UAE imposes Dh3.5-million fine against exchange house
UAE imposes Dh3.5-million fine against exchange house

Khaleej Times

time29 minutes ago

  • Khaleej Times

UAE imposes Dh3.5-million fine against exchange house

The UAE has imposed a penalty of Dh3.5 million on an exchange house, the Central Bank of the UAE (CBUAE) announced on Monday. The financial sanction was imposed pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations and its amendments. The sanction comes after an investigation revealed that the exchange house failed to comply with AML/CFT policies and procedures. The CBUAE, through its supervisory and regulatory mandates, aims to ensure that all exchange houses, their owners, and staff abide by the UAE laws, regulations and standards established by the CBUAE to maintain transparency of the financial transactions.

AB Majlis podcast: Hala Taxi app holds 37% of Dubai's e-hailing market despite new competition
AB Majlis podcast: Hala Taxi app holds 37% of Dubai's e-hailing market despite new competition

Arabian Business

time37 minutes ago

  • Arabian Business

AB Majlis podcast: Hala Taxi app holds 37% of Dubai's e-hailing market despite new competition

Ride-hailing service Hala, a joint venture between Dubai's Roads and Transport Authority (RTA) and Careem, now commands 37 per cent of Dubai's e-hailing market as it expands its green vehicle fleet amid rising competition, its CEO said. In an interview on the Arabian Business podcast AB Majlis, Hala CEO Khaled Nuseibeh revealed the company grew its customer base by 21 per cent year-on-year while increasing trips by 17 per cent, despite new market entrants like Yango and Bolt. 'Competition is always healthy for every industry. It forces players to compete. It forces players to come up with different ways to raise the bar and innovate,' Nuseibeh told the podcast. Launched in 2019, Hala was created to digitise Dubai's taxi service, transforming how residents and tourists book and use taxis in the emirate. Prior to Hala, customers had to either hail taxis on the street or call a booking service. The company has also improved its reliability by 11 percentage points while experiencing growth, a metric Nuseibeh highlighted as crucial to the service's success. 'It's beautiful when you're growing, and your customers are happy, and you're also improving on your reliability,' he said. 'Reliability… means people can depend on us. It means they can use us, and it means they can continuously count on Hala for their journeys.' Nuseibeh, who previously worked at Careem before and during its acquisition by Uber, attributed Hala's continued success to its deep understanding of the local market and close partnership with the RTA. 'We have a very deep understanding of the city. We've been in Dubai for a long time. We really understand our customer base, our captains, and we understand what it takes to actually solve for reliability and convenience,' he said. The company has recently diversified its offerings by introducing electric vehicles in high-demand areas like Dubai Marina and Palm Jumeirah at no additional cost to customers. Nuseibeh said the initiative has saved nearly 97 million grams of CO2 emissions since launch, equivalent to a car driving approximately 293,000 kilometres. 'We've seen that customers are quite generally happy,' Nuseibeh said regarding the EV rollout. 'As this technology matures, as you see more and more cars come into play, you will see more of these vehicles shift into becoming green vehicles.' He added that Hala will support the RTA's pledge to make 100 per cent of its vehicles eco-friendly by 2027. The company has also introduced new technologies to enhance customer experience, including WhatsApp booking capabilities aimed primarily at tourists who may not have the Careem app installed. 'We saw tourists actually want an easier way to book if they don't have the Careem map, which is like a stepping stone, you can just book a Hala immediately from your WhatsApp service,' he explained. When asked about potential future developments like flying or autonomous taxis, Nuseibeh said Hala would 'follow the lead of the RTA in any new technology that is regulated.' 'The most important thing for us is in adopting any new technology. We would always make sure that this technology has to be safe and efficient and caters to customer needs,' he added, suggesting autonomous vehicles would eventually work alongside human drivers during a transition period. Regarding brand recognition, Nuseibeh highlighted how 'Hala' has become synonymous with taxi booking in Dubai's vernacular, with residents commonly saying they will 'book a Hala' rather than a taxi. 'It seems we've done our work correctly. We've managed to really create that engagement with our customers,' he said. The company recently launched a marketing campaign called 'Real Icons of Dubai' celebrating the everyday users of the service, including working families, busy professionals, and tourists. To listen to the full episode and gain a comprehensive understanding of doing business in the Gulf region, visit our RSS feed or check out AB Majlis on Spotify, Apple Podcasts, and other platforms. Episodes are also available on: Tune in every Monday for weekly episodes that will help you stay ahead of the curve and enrich your understanding of the Gulf region.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store