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Argaam organizes Third Edition of "Argaam Connect"
Argaam organizes Third Edition of "Argaam Connect"

Argaam

time19-05-2025

  • Business
  • Argaam

Argaam organizes Third Edition of "Argaam Connect"

Argaam team organized the third edition of Argaam Connect as part of the "Argaam 25" Summit. The move builds on the company's continued success. The event brings together investors and financial institutions to explore promising investment opportunities in the Kingdom—particularly those offered by Nomu-listed companies, which represent one of the most dynamic and fast-growing sectors. In addition, the event aims to connect institutional investors with listed companies, enabling them to assess investment opportunities and stay informed about the latest business developments of participating firms. This edition witnessed notable engagement from investors with participating companies, where the operational and financial performance of these firms was presented to the attendees. The event facilitated rich dialogue and constructive discussions between both parties.

CMCER Chairman says clinic contracts exceed SAR 50M
CMCER Chairman says clinic contracts exceed SAR 50M

Argaam

time30-01-2025

  • Business
  • Argaam

CMCER Chairman says clinic contracts exceed SAR 50M

Khalid Al-Ammar, Chairman of Canadian Medical Center (CMCER), said that the size of clinic projects ranged nearly between SAR 50 million and SAR 54 million in the first half of 2024. In an interview with Argaam on the sidelines of the Argaam Connect event, Al-Ammar explained that the healthcare sector is witnessing significant development, driven by the reforms and enhanced regulations implemented by the Ministry of Health. The ministry is providing numerous opportunities, modernizing outdated systems, and giving more room to the private sector. For instance, home healthcare has become one of the promising ideas and services that the market is keenly anticipating. He noted that sectors such as telemedicine, healthcare, physiotherapy, and occupational therapy are expected to hold a significant market share in the coming period. On the impact of transformation at CMCER, Al-Ammar said the main goal is to shift from reliance on a single sector—oil and gas—to new sectors. He noted that the company has experienced wide acceptance for this transformation, particularly after winning some major projects. CMCER also ventured into the petrochemical sector, for which it was well-positioned. Currently, several projects are under study. Al-Ammar explained that these transformations align with the company's strategy to diversify income sources and enhance its growth trajectory.

Argaam organizes Argaam Connect
Argaam organizes Argaam Connect

Argaam

time30-01-2025

  • Business
  • Argaam

Argaam organizes Argaam Connect

Argaam team recently organized the " Argaam Connect" event, bringing together investors and companies listed on the Nomu -Parallel Market. The event aimed to enable institutional investors to explore investment opportunities in this market and strengthen relationships between listed companies and investors, allowing for a deeper understanding of their visions and future strategies. It also sought to pave the way for fruitful cooperation among stakeholders. This is besides creating a platform that provides local and international investors with an opportunity to explore available investment prospects in Saudi Arabia. Nomu-listed companies represent a first step toward achieving this goal. The event also focused on strengthening relationships between institutional investors and corporates, contributing to a diversified investment landscape in the Kingdom. Argaam team plans to organize future events that will cover various investment opportunities, whether with publicly-listed companies or others. Additionally, Argaam team seeks to enhance cooperation with regulatory authorities. Argaam Connect offers participants the chance to meet officials and gain insights into current regulations and policies, while also promoting transparency and sustainability.

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