Latest news with #BupaArabia
Mid East Info
02-06-2025
- Business
- Mid East Info
Bupa Arabia Concludes Season Two of Padel Tournament with Competitive Spirit and Inclusive Community Engagement
Jeddah; Bupa Arabia successfully concluded the second season of its flagship 'Bupa Padel Tournament,' held under the supervision of the Saudi Padel Committee and attended by Vice Chairman Nora Al Sarhan. The three-day tournament took place at Padel In courts, which were selected to ensure an enjoyable and accessible experience for both participants and spectators. This year's tournament witnessed an impressive turnout with 64 male teams and 16 female teams from various companies and sectors competing in an atmosphere filled with energy, camaraderie, and passion for sport. More than just a competition, the event served as a vibrant platform for promoting healthy lifestyles, fostering workplace wellness, and encouraging a stronger, more active community. The Riyadh tournament marked the third and final stop of the season, following successful editions held in Jeddah and the Eastern Province. The tournament journey reflected a growing community interest in padel, reinforcing its rising status as one of the most popular new sports in the Kingdom. It also highlighted padel's positive role in promoting healthy living and creating a more cohesive and energetic society. Professional Organization: The tournament witnessed a highly competitive atmosphere that reflected the spirit of teamwork and positive interaction among the participating teams, amid a remarkable audience turnout from various sectors. At the conclusion of the competition, the top three winning teams in both the men's and women's categories were crowned. Participants expressed their happiness in taking part in the event, praising the professional organization, high-level facilities, and the support provided by Bupa. Winners: Stories of Determination and ExcellenceP: The top three winning teams in both the male and female categories were celebrated in a festive award ceremony. Participants shared their pride and excitement at being part of such a dynamic and inclusive event. The men's champions from the Local Content and Government Procurement Authority impressed with outstanding teamwork and performance, while the women's team from Diriyah Company showcased remarkable determination and sportsmanship—highlighting the growing role of women in Saudi sports. Second and third place winners were also recognized with trophies and prizes, celebrating their athletic spirit and competitive excellence. Social Platform: Amin Shaibi, Director – Segment & Trade Marketing at Bupa Arabia, stated: 'The Bupa Padel Tournament is not just about the game—it's a platform for connection, inclusivity, and wellness. We are proud to provide an equal space for both men and women to compete and thrive. This tournament embodies our commitment to empowering individuals to live healthier, more active lives.' He added: 'One of the standout aspects of this season was the open invitation to all companies to register both men's and women's teams. This greatly expanded the tournament's reach and strengthened the presence of women in sports. We're proud to have delivered a comprehensive experience that combined athletic competition with community entertainment—enhancing workplace relationships and supporting our mission to improve quality of life.' Live Right: The Bupa Padel Tournament is part of the Live Right program launched by Bupa Arabia in 2022, aiming to enhance physical and mental health and raise awareness about the importance of practicing sports, in line with the goals of Saudi Vision 2030. Through this tournament, the program provides a community platform that enables companies and employees to interact and build fruitful relationships within a supportive and competitive environment. Tournaments 2025: In the Jeddah tournament, which marked the historic first inclusion of women's teams in the event, Core Life claimed the men's title, followed by Dallah Al Baraka and Hussein Hesham Al Attas (Laylati) . In the women's category, AlUla Club secured first place, ahead of Jamjoom Pharma and Cruise Saudi . The second stop was held in Al Khobar in the Eastern Province, with participation from 32 men's teams and 16 women's teams. The men's title went to R.E.C.E United Company , while the women's category was won by King Salman Energy City . An Open, Inclusive Tournament for All: One of the tournament's standout features was its open invitation to all companies—encouraging both male and female participation. This inclusive approach added richness and diversity to the experience, reinforcing Bupa Arabia's core belief in wellness for all. The tournament is part of Bupa Arabia's broader 'Live Right' program, which aims to drive public health awareness through sustained wellness and fitness initiatives. With growing participation year after year, Bupa Arabia continues to lead in fostering community-based sports and promoting holistic well-being throughout the Kingdom _ in line with Saudi Vision 2030, which aims to increase the percentage of sports participants to 40% and improve quality of life. About Bupa Arabia; Bupa Arabia was originated in kingdom of Saudi Arabia in 1997 as a partnership between Global Bupa and Nazer group to become a contributive corporation in 2008 with the most successful allotment procedure in the insurance sector, and Bupa is considered a Saudi corporation that is part of the Bupa global network, and it provides healthcare services with international standards for individuals and families and for biggest companies and organizations in the kingdom, and its distinguished for providing the biggest international hospitals network including 1.2 million destination in 190 countries around the world. And Bupa provides more than the regular insurance in which it established Bupa healthcare to provide healthcare services using the latest technological means due to Bupa's digital clinic and to having Saudi doctors in different majors such as family medicine, internal medicine, obstetrics and chronic disease care Bupa is distinguished with an environment that increases productivity and stimulates creativity, which had it qualified to win several prestigious awards in the field and it's considered one of the leading companies in enhancing women status, and having Saudi youth until it succeeded in getting a significant increase in localization percentages
Al Bawaba
02-06-2025
- Health
- Al Bawaba
Bupa Arabia Concludes Season Two of Padel Tournament with Competitive Spirit and Inclusive Community Engagement
Bupa Arabia successfully concluded the second season of its flagship 'Bupa Padel Tournament,' held under the supervision of the Saudi Padel Committee and attended by Vice Chairman Nora Al Sarhan. The three-day tournament took place at Padel In courts, which were selected to ensure an enjoyable and accessible experience for both participants and year's tournament witnessed an impressive turnout with 64 male teams and 16 female teams from various companies and sectors competing in an atmosphere filled with energy, camaraderie, and passion for sport. More than just a competition, the event served as a vibrant platform for promoting healthy lifestyles, fostering workplace wellness, and encouraging a stronger, more active Riyadh tournament marked the third and final stop of the season, following successful editions held in Jeddah and the Eastern Province. The tournament journey reflected a growing community interest in padel, reinforcing its rising status as one of the most popular new sports in the Kingdom. It also highlighted padel's positive role in promoting healthy living and creating a more cohesive and energetic OrganizationThe tournament witnessed a highly competitive atmosphere that reflected the spirit of teamwork and positive interaction among the participating teams, amid a remarkable audience turnout from various sectors. At the conclusion of the competition, the top three winning teams in both the men's and women's categories were crowned. Participants expressed their happiness in taking part in the event, praising the professional organization, high-level facilities, and the support provided by Stories of Determination and ExcellenceThe top three winning teams in both the male and female categories were celebrated in a festive award ceremony. Participants shared their pride and excitement at being part of such a dynamic and inclusive men's champions from the Local Content and Government Procurement Authority impressed with outstanding teamwork and performance, while the women's team from Diriyah Company showcased remarkable determination and sportsmanship—highlighting the growing role of women in Saudi and third place winners were also recognized with trophies and prizes, celebrating their athletic spirit and competitive PlatformAmin Shaibi, Director – Segment & Trade Marketing at Bupa Arabia, stated: 'The Bupa Padel Tournament is not just about the game—it's a platform for connection, inclusivity, and wellness. We are proud to provide an equal space for both men and women to compete and thrive. This tournament embodies our commitment to empowering individuals to live healthier, more active lives.'He added: 'One of the standout aspects of this season was the open invitation to all companies to register both men's and women's teams. This greatly expanded the tournament's reach and strengthened the presence of women in sports. We're proud to have delivered a comprehensive experience that combined athletic competition with community entertainment—enhancing workplace relationships and supporting our mission to improve quality of life.'Live RightThe Bupa Padel Tournament is part of the Live Right program launched by Bupa Arabia in 2022, aiming to enhance physical and mental health and raise awareness about the importance of practicing sports, in line with the goals of Saudi Vision 2030. Through this tournament, the program provides a community platform that enables companies and employees to interact and build fruitful relationships within a supportive and competitive 2025In the Jeddah tournament, which marked the historic first inclusion of women's teams in the event, Core Life claimed the men's title, followed by Dallah Al Baraka and Hussein Hesham Al Attas (Laylati). In the women's category, AlUla Club secured first place, ahead of Jamjoom Pharma and Cruise second stop was held in Al Khobar in the Eastern Province, with participation from 32 men's teams and 16 women's teams. The men's title went to R.E.C.E United Company, while the women's category was won by King Salman Energy Open, Inclusive Tournament for AllOne of the tournament's standout features was its open invitation to all companies—encouraging both male and female participation. This inclusive approach added richness and diversity to the experience, reinforcing Bupa Arabia's core belief in wellness for all. The tournament is part of Bupa Arabia's broader 'Live Right' program, which aims to drive public health awareness through sustained wellness and fitness initiatives. With growing participation year after year, Bupa Arabia continues to lead in fostering community-based sports and promoting holistic well-being throughout the Kingdom _ in line with Saudi Vision 2030, which aims to increase the percentage of sports participants to 40% and improve quality of life.
Mid East Info
27-05-2025
- Health
- Mid East Info
To support innovation in digital healthcare in Saudi Arabia Bupa CareConnect signs 4 global strategic partnerships
Under the patronage of the Ministry of Health and Seha Virtual Hospital, and in the presence of prominent leaders and experts in healthcare, innovation, and technology from around the world, Bupa CareConnect, the Kingdom's leading cooperative health insurance provider, announced the signing of four strategic partnership agreements with global health tech companies: GOQii, Comarch, Nuralogix, and We Healthify. These partnerships aim to expand the scope of digital services and enhance the quality of healthcare for members within the Kingdom. The announcement came during its participation as a Gold Sponsor at the (6th MENA Telehealth & Virtual Care Expo 2025), which was recently held in Riyadh. These partnerships and sponsorship of the conference come following Bupa CareConnect's recent receipt of two prestigious awards from the Council of Health Insurance: 'Digital Innovation for Private Sector Providers' and 'Innovative Sustainability for Private Sector Providers.' Bupa CareConnect was recognized as the first private sector provider to receive these honors, reflecting its position as a key driver of innovation and digital transformation in Saudi Arabia's healthcare sector. Digital Health: Bupa Arabia showcased a range of its innovative digital solutions during the conference through its healthcare delivery arm, Bupa CareConnect, most notably the Digital Clinic Pod, AI-powered intelligent care services, in addition to its integrated digital application. On the second day of the conference, Dr. Abdullah Khafagy, Executive Medical Director at Bupa CareConnect, participated as a keynote speaker in a session titled 'Managing Virtual Care for Chronic Conditions,' during which he reviewed Bupa Arabia's experience in improving patients' lives using advanced digital technologies. He highlighted the 'Bupa Pro' program, which eliminated the need for prior medical approvals, contributing to faster access to care and enhancing the patient experience. Khafagy emphasized that its participation in the Virtual Healthcare Conference affirms its commitment to supporting digital transformation in the healthcare sector, aligned with Saudi Vision 2030. He expressed pride in offering an integrated care model focused on easy access to healthcare services and delivering the highest quality treatment, while harnessing modern technologies such as artificial intelligence to predict medical conditions and provide proactive responses that ensure prevention and improve health outcomes. Human Care: Tal Nazer, CEO of Bupa Arabia said:'At Bupa Arabia, our vision is to redefine the future of healthcare through continuous innovation, global partnerships, and a patient-first approach. These international collaborations are a key step in fulfilling our promise to deliver world-class healthcare solutions to the Kingdom.' Nazer added: 'Our international partnerships with leading health technology pioneers reflect our commitment to delivering world-class healthcare solutions within the Kingdom, as we believe the optimal healthcare experience is one that balances technological advancement with a human touch.' Strategic Partner: This conference is considered a leading regional platform to drive digital transformation in the healthcare sector and to promote the adoption of value-based virtual care models. It also represents an important opportunity to expand frameworks for international cooperation, exchange expertise, and explore innovative health solutions. This is supported by prestigious international organizations such as the World Health Organization, the World Bank, the World Trade Organization, and the American Telemedicine Association. Bupa CareConnect's participation in the conference reflects its role as a strategic partner in the digital transformation journey of the national healthcare sector, striving to provide more sustainable and integrated care that contributes to improving quality of life and advancing digital transformation in the sector.
Argaam
25-05-2025
- Business
- Argaam
Bupa Arabia plans share repurchase for employees' stock incentive program
Bupa Arabia for Cooperative Insurance Co. 's board of directors recommended, on April 23, the repurchase of no more than 1.4 million shares to be allocated for the employees' long-term stock incentive plan from 2025 to 2029. The share repurchase will be funded through the company internal resources, said Bupa Arabia in a Tadawul filing today, May 25, adding that the current ratio of treasury shares out of the total class of shares purchased is 0.43%. The company also noted that the repurchased shares will not have voting rights in the general assembly's meetings. The decision is yet to be voted on in the coming extraordinary general meeting (EGM), which will be announced later according to the requirements of the fourth paragraph of Article Seventeen of the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. Bupa Arabia should also satisfy solvency requirements as stipulated in the third paragraph of Article 17 of the Executive Regulation of the Companies Law for Listed Joint Stock Companies.
Zawya
14-05-2025
- Business
- Zawya
Bupa Arabia records higher net profits at SAR 380m in Q1-25
Riyadh: Bupa Arabia for Cooperative Insurance Company achieved net profits after Zakat attributable to the shareholders valued at SAR 380.23 million in the first quarter (Q1) of 2025. The January-March 2025 results reflected a 5.78% increase from SAR 359.42 million in Q1-24, according to the financial results. The revenues amounted to SAR 4.40 billion in Q1-25, up 0.81% from SAR 4.37 billion in the same period a year earlier. The earnings per share (EPS) hit SAR 2.55 as of 31 March 2025, versus SAR 2.40 in Q1-24. Quarter-on-quarter (Q-o-Q), the Q1-25 net profits soared by 732.14% from SAR 45.69 million in Q4-24, while the revenues decreased by 4.40% from SAR 4.61 billion. As of 31 December 2024, Bupa Arabia generated SAR 1.16 billion net profits after Zakat attributable to the shareholders compared to SAR 940.16 million in 2023.
