Latest news with #KhalidAl-Ghamdi
Arab News
16-04-2025
- Business
- Arab News
Aroya to host first Saudi floating franchise expo
The National Franchise Committee, in partnership with Aroya Cruises, has finalized preparations for the first-of-its-kind floating exhibition dedicated to franchising. The initiative, led by the Federation of Saudi Chambers, was formalized through an agreement signed by Dr. Khalid Al-Ghamdi, chairman of the National Franchise Committee, and Alaa Tashkandi, general sales manager at Aroya Cruises. The International Floating Franchise Exhibition will take place aboard the luxurious Aroya cruise ship from May 5-8. The announcement came during a press conference held onboard the Aroya cruise in Jeddah, attended by various media representatives. The organizing committee unveiled details of the ship's facilities that will host the expo, including halls, theaters, meeting rooms, and other logistical preparations. Dr. Al-Ghamdi said that hosting the exhibition at sea symbolizes the global potential of Saudi brands, adding that the committee is working on a strategic initiative to accelerate the international expansion of Saudi franchises. Tashkandi said that Aroya Cruises is fully equipped to host major exhibitions and commercial events, offering world-class amenities that promise an exceptional and unique experience for global attendees. The Federation of Saudi Chambers, represented by the National Franchise Committee, had previously announced plans to organize the inaugural International Floating Franchise Exhibition from May 5–8, aboard the Aroya cruise ship in Jeddah.
Argaam
16-02-2025
- Business
- Argaam
NUPCO procurement exceeds SAR 25B annually: CCO
The size of National Unified Procurement Co.'s (NUPCO) purchases exceeds SAR 25 billion annually, said Chief Commercial Officer Khalid Al-Ghamdi, adding that the company is ready to keep pace with the expected expansion in the healthcare sector, which includes boosting hospital capacity and increasing the number of beds to 43,000 by 2030. In an interview with Argaam at the PIF Private Sector Forum, Al-Ghamdi indicated that the agreements signed by the company during the forum included three financial agreements with a total value of SAR 2.5 billion, including a deal worth SAR 500 million with Banque Saudi Fransi (BSF), FAB Bank KSA (SAR 1 billion) and Taameed Co. (SAR 1 billion). He further stated that these agreements aim to facilitate obtaining the necessary financing by suppliers, especially SMEs, to enhance their investments in the sector, and achieve greater flexibility in cash flows. NUPCO has an advanced infrastructure that includes seven main logistics centers with a storage capacity of up to 430,000 square meters. It seeks to develop its warehouses and introduce automated storage systems to improve the efficiency of distribution operations and ensure the availability of medicines and medical supplies by 100%, while reducing the time required for delivery and increasing accuracy in inventory management, according to the CCO. Al-Ghamdi also stated that the "Wasfaty" platform, managed by NUPCO, has contributed to facilitating patients' access to their medicines, as it currently serves more than 15 million patients and includes more than 5,500 pharmacies. NUPCO also signed an agreement with the "Foras" platform to support suppliers' access to investment opportunities, in addition to five agreements with logistics companies, including DHL, Aramex, Samsa and UPS, to improve distribution efficiency and ensure the delivery of medicines and medical supplies to all regions of the Kingdom, said the executive, noting that these partnerships help boost the company's ability to cover 97% of the regions of the Kingdom, while ensuring the speed and efficiency of delivery to hospitals and pharmacies. He added that NUPCO is studying opportunities for expansion outside Saudi Arabia in the future, especially in light of the Kingdom's preparations to host major events such as Expo 2030 and the 2034 World Cup.
Argaam
31-01-2025
- Business
- Argaam
Saudi franchise market valued at SAR 54B: Official
Khalid Al-Ghamdi, Chairman of the National Franchise Committee, said the franchise market in Saudi Arabia is valued at approximately SAR 54 billion, representing 50% of the Middle East market, the state-run SPA reported. There are more than 1,200 brands and 15 outlets in the local franchise sector, Al-Ghamdi said on the sidelines of the Saudi Franchise Expo held in Riyadh. He added that the Federation of Saudi Chambers has become the strategic partner of the Saudi Franchise Expo, noting that 437 deals worth over SAR 400 million were signed. The signed franchise agreements cover 10 regions in the Kingdom, Riyadh, Jeddah, Madinah, Eastern Province, Jazan, Najran, Taif, Qassim, Hail, and Hafar Al-Batin. Internationally, they extend to the UAE, Qatar, Bahrain, and Iraq. Al-Ghamdi highlighted the committee's efforts to support Saudi brands through enabling financing and addressing sector challenges. He also noted that the committee is currently working on a plan to introduce 100 Saudi brands to international markets, leveraging the high quality and strong reputation of national products.
