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Business Wire
16 hours ago
- Business Wire
DIC CORPORATION: New Sustainable Production Facility for Coatings for Direct Food Contact Materials Is Established in Indonesia
TOKYO--(BUSINESS WIRE)-- DIC Corporation (TOKYO:4631) announced today that it has established a new production facility for coatings suitable for direct food contact materials on the site of a plant belonging to PT. DIC Graphics, a wholly owned subsidiary located in Jakarta, Indonesia. This new facility is the first in the world operated by an inks manufacturer to be designed in compliance with the guiding principles of Hazard Analysis Critical Control Point (HACCP), a globally recognized food safety management system*. The new facility has thus achieved a food safety management system comparable to that of the average food product manufacturer. With an annual production target of 1,000 tonnes by fiscal year 2030 for markets in Asian countries, including the People's Republic of China (PRC), and Oceania, the facility will help the DIC Group meet the rising demand for sustainable packaging. *This statement is based on analysis conducted by DIC. The Company has applied for HACCP certification for the new facility. Expand To create a food safety management system that affirms the exceptional safety and quality required for direct food contact materials, the new production facility has been equipped with, among others, air showers, dusters with high-efficiency particulate air (HEPA) filters and antibacterial flooring. The new facility has also earned a certification of compliance with Indonesia's halal regulations and is compliant with the World Health Organization's good manufacturing practices (GMP) for guaranteeing that products such as food and pharmaceuticals meet requirements for quality and safety for their intended use. The geopolitically strategic location of Indonesia ideally positions the new facility to serve as an export base for Asia and Oceania, as a result of which DIC is considering further facility expansion going forward. DIC produces high-performance coatings that can be applied to film, paper and other substrates to impart the necessary performance features, enabling the creation of highly recyclable mono-material packaging. This makes it possible to develop and manufacture packaging that can be readily recycled. The new production facility—the DIC Group's first in Asia, outside of Japan, that is dedicated to producing coatings suitable for direct food contact materials—marks a major step toward strengthening the Group's competitiveness in the global market for sustainable packaging. Advancing efforts to respond to a circular economy is one of the key sustainability strategies set forth in the DIC Vision 2030 long-term management plan. Capital investment in this new facility will make it possible for the Group to offer locally produced high-performance products—for which technologies were originally developed in the United States, Europe, and Japan—in Asian countries, including the PRC, and Oceania, thereby helping to foster sustainable packaging markets. About DIC Corporation DIC Corporation is one of the world's leading fine chemicals companies and the core of the DIC Group, a multinational organization comprising over 170 companies, including Sun Chemical Corporation, in more than 60 countries and territories. The DIC Group is recognized as a global leader in the markets for a variety of products essential to modern lifestyles, notably packaging materials, display materials such as those used in television and computer displays, and high-performance materials for smartphones and other digital devices, as well as for automobiles. Website:
Yahoo
a day ago
- Yahoo
GCC Healthcare Market Projections: Opportunities from 2024 to 2030
Explore the future of GCC healthcare with this comprehensive report, analyzing the sector's growth from 2024 to 2030. Gain insights into national strategies like Vision 2030, policy reforms, AI, digital health, and investment opportunities across Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain. GCC Healthcare Innovation Market Dublin, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The "Healthcare Innovation in the GCC" report has been added to report provides an analysis of the healthcare landscape in the Gulf Cooperation Council (GCC) countries. The report estimates the Total Addressable Market (TAM) for the GCC healthcare sector from 2024 to 2030, offering country-specific projections. This analysis provides critical insights into the commercial potential and investment opportunities in the region's rapidly evolving healthcare ecosystem. The countries included in the analysis are Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Oman, and Bahrain. A key focus of the report is the evaluation of government policies aimed at strengthening the healthcare sector. This includes assessing each country's commitment to enhancing healthcare infrastructure, expanding the healthcare workforce, and increasing public and private healthcare spending. The analysis highlights how national strategies such as Vision 2030 are driving systemic transformation within the sector. The report incorporates the latest available data, including figures on the number of hospitals, hospital beds, and specialized medical staff, with most datasets available up to study further examines the scale and diversity of healthcare infrastructure in the region, covering the number of hospitals, the development of specialized facilities, and the emergence of local biotech and pharmaceutical companies. It also highlights investment-friendly regulations and policy reforms that are fostering a favorable business environment for domestic and foreign emerging trends are explored, including the growing adoption of artificial intelligence (AI), digital health platforms, electronic medical records, telemedicine, and other smart healthcare technologies. These innovations are pivotal in improving service delivery, patient outcomes, and system analysis provides critical insights into the commercial potential and investment opportunities in the region's rapidly evolving healthcare study is intended to serve as a strategic resource for policymakers, investors, healthcare providers, technology firms, and research institutions. It will equip these groups with a detailed framework to understand the sector's growth trajectory, partnership potential, and innovation report includes: An analysis of innovation in healthcare technologies in the GCC (Gulf Cooperation Council) countries Analyses of the GCC market trends, with revenue data for 2024, estimates for 2025, and projected CAGRs through 2030 Estimates of the size and revenue prospects of the GCC healthcare market, and a corresponding share analysis by sector (care settings), application and emerging countries Facts and figures pertaining to the current market dynamics, technological advances, regulations and the impact of macroeconomic factors Analysis of the industry structure, including companies' product offerings, strategic alliances, venture fundings and investment outlook Key Attributes: Report Attribute Details No. of Pages 56 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $121.9 Billion Forecasted Market Value (USD) by 2030 $170.5 Billion Compound Annual Growth Rate 5.9% Regions Covered Middle East Key Topics Covered: Chapter 1 Executive Summary Market Outlook Scope of Report Reasons for Doing this Study Market Summary Chapter 2 GCC Healthcare Industry Outlook SWOT Analysis of the GCC Healthcare Industry Pestle Analysis of GCC Healthcare Industry Chapter 3 Market Dynamics Market Drivers High Prevalence of Non-Communicable Diseases Growing Investments and Funding in the GCC Region Economic Growth in the GCC Region Market Restrains Higher Dependence on Imports of Healthcare Products Shortage of Healthcare Professionals Market Opportunities Increasing Focus on Medical Tourism in the GCC Expansion of AI and Digital Healthcare Solutions Chapter 4 Saudi Arabia Healthcare Industry Outlook Market Size Analysis Healthcare Expenditure Overview Country Healthcare Infrastructure Overview Healthcare Innovation Overview Chapter 5 United Arab Emirates (UAE) Healthcare Industry Outlook Chapter 6 Kuwait Healthcare Industry Outlook Chapter 7 Oman Healthcare Industry Outlook Chapter 8 Qatar Healthcare Industry Outlook Chapter 9 Bahrain Healthcare Industry Outlook Chapter 10 Concluding Remarks and Recommendations Recommendations for Strengthening Healthcare Innovation and Collaboration in the GCC For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment GCC Healthcare Innovation Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
2 days ago
- Yahoo
TVM Capital Healthcare Appoints Former Vice Minister of Health in the Kingdom of Saudi Arabia, H.E. Hamad M. AlDhewalia, as Operating Partner
New Appointment Underscores Firm's Decade-Long Legacy of Addressing Saudi Arabia's Healthcare Gaps through Innovative Business Models RIYADH, Saudi Arabia and DUBAI, UAE, Aug. 18, 2025 /PRNewswire/ -- TVM Capital Healthcare ("TVM"), a healthcare-focused private equity firm specialized in emerging markets and high-impact investments across the Middle East and Southeast Asia, is proud to announce H.E. Hamad M. AlDhewalia's appointment as Operating Partner. Having served as a Senior Partner with the firm for the past three years, this new role represents a more significant leadership position. With a distinguished career that includes serving as Saudi Arabia's Vice Minister of Health Affairs and General Manager of Medical Services at Saudi Aramco, he brings invaluable insight, connectivity, and leadership to further strengthen the firm as an investor and operator in the Kingdom. H.E. Hamad M. AlDhewalia's appointment comes at a pivotal moment in the firm's journey, as TVM Capital Healthcare continues to expand its investment and company building activity across Saudi Arabia, supporting Vision 2030's transformative healthcare agenda. His unmatched understanding of the Kingdom's health system and policy landscape — combined with a legacy of leadership in both public and private healthcare — will be instrumental in advancing the firm's investments and operations in specialty care, digital health, and local pharmaceutical manufacturing. Over a career spanning more than four decades, H.E. AlDhewalia has held key leadership roles including Vice Minister of Health for Health Affairs (2015–2019), Advisor to the Minister of Health, and CEO of major hospital networks such as King Abdullah Medical Complex and Al-Ahsa Hospital. Earlier in his career, he served as General Manager of Medical Services at Saudi Aramco, where he championed innovation and excellence in employee healthcare. "I am honored to join TVM Capital Healthcare at a time when its level of investment and impact in the Kingdom is expanding rapidly," said H.E. Hamad M. AlDhewalia. "The firm's long-term commitment to the region — not just as an investor, but as a true builder of healthcare solutions — strongly aligns with my own passion for improving the quality of patient care, expanding access, and driving innovation. I look forward to contributing to its next phase of growth." TVM Capital Healthcare is a pioneer in private equity healthcare investment in Saudi Arabia, with a track record of identifying unmet medical needs and building innovative companies with global relevance. The firm is the only international healthcare investor to have consistently operated in the Kingdom over the past ten years, conceptualizing business models, funding quality care delivery, and delivering strong returns alongside measurable impact. Dr. Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare, commented, "As the Kingdom accelerates its healthcare transformation under Vision 2030, the addition of H.E. AlDhewalia marks a significant step forward for the firm in delivering its mission: to create meaningful impact, deliver strong returns, and contribute to system-wide improvement in healthcare access, quality, and resilience. We are deeply honored to announce him as an Operating Partner. His lifelong commitment to public service, healthcare advancement, and community well-being in Saudi Arabia is a perfect match for our mission." TVM Capital Healthcare's latest Afiyah Fund — the only dedicated healthcare fund in Saudi Arabia — closed at $254 million in 2024 and has already backed high-potential platforms such as Baraya Extended Care, which is addressing the significant continuum of care gap in the Kingdom; neurocare, a global innovator in mental health treatment; and Boston Oncology Arabia, which is reshaping local pharmaceutical manufacturing with high-quality, affordable medicines. Other examples of TVM Capital Healthcare's track record of transforming healthcare systems in the Saudi market include the founding of Cambridge Medical and Rehabilitation Center (CMRC) — now the leading post-acute care provider in the region — and the expansion of ProVita International Medical Center, bringing long-term care for ventilated patients to Saudi Arabia for the first time. Through partnerships with global institutions such as US-based Spaulding Rehabilitation Network (Harvard-affiliated) and Netherlands-based Spectator Healthcare Technology, TVM has facilitated the transfer of knowledge, training, and innovation to the Kingdom, while creating local jobs and strengthening the healthcare workforce. With offices in Riyadh, Dubai, and Singapore, TVM Capital Healthcare manages and advises nearly $500 million in committed capital and maintains a deep bench of Operating Partners and Senior Advisors globally. Its strategy blends growth capital with operational support to deliver scalable, sustainable healthcare platforms in underserved markets. Media Contact:Holly Radelradel@ Capital Logo - View original content: SOURCE TVM Capital Healthcare Sign in to access your portfolio