Three Canadian healthcare firms to open regional offices in Kingdom

user icon
NOHA.GAD
calender icon
Oct 21, 2024
article image

Riyadh - Sharikat Mubasher: The Federation of Saudi Chambers (FSC) organized the Canadian Healthcare Companies Forum, with the participation of 26 Canadian healthcare companies, to discuss investment opportunities and potential partnerships in the Saudi healthcare sector.

During the forum, three Canadian companies announced their plans to obtain the license to open regional headquarters in the Kingdom soon, capitalizing on the promising investment opportunities in the Saudi healthcare sector.

The forum was attended by Hassan Alhwaizy, Chairman of FSC, Mohammed ALDulaim, Chairman of the Saudi Arabia-Canada Business Council, and Jean-Philippe Linteau, the Canadian Ambassador to Saudi Arabia.

Alhwaizy stated that opening the new offices is a testament to the business council’s efforts to help Saudi and Canadian businessmen forge partnerships and promote their activities.

On the sidelines of the forum, Alhwaizy and Linteau held a meeting to discuss the development of Saudi-Canadian economic relations and investment opportunities.

Meanwhile, ALDulaim noted that the value of investment opportunities in the Saudi healthcare sector is expected to reach SAR 330 billion by 2030, triggered by the Kingdom’s ambitious Vision 2030 which aims to transform the sector.

On his part, Abdullah Al-Yami​, Deputy Chairman of the Saudi Arabia-Canada Business Council, affirmed that the forum attracted more than 15 Canadian healthcare companies to open their regional headquarters in the Saudi Capital. 

It is worth noting that the Canadian Healthcare Companies Forum was held in line with the Global Health Exhibition that takes place in Riyadh from 21 to 23 October. 


Share

Related News

Ruya provides $15mn private credit facility to Whiteshield
News
Calendar Icon
July 1, 2026
Ruya provides $15mn private credit facility to Whiteshield
Read More
SQUATWOLF pacts with AstroLabs to expand into Saudi fitness community
News
Calendar Icon
June 30, 2026
SQUATWOLF pacts with AstroLabs to expand into Saudi fitness community
Read More
State Street obtains Local Fund Administration License in Saudi Arabia
News
Calendar Icon
June 29, 2026
State Street obtains Local Fund Administration License in Saudi Arabia
Read More
Qatar Development Bank leads $3.6mn funding round in Wellbees
News
Calendar Icon
June 23, 2026
Qatar Development Bank leads $3.6mn funding round in Wellbees
Read More
Foodics strengthens AI ambitions with full acquisition of Norma
News
Calendar Icon
June 22, 2026
Foodics strengthens AI ambitions with full acquisition of Norma
Read More
ECC to open its first $13.3mn factory in Saudi Arabia in August
News
Calendar Icon
June 21, 2026
ECC to open its first $13.3mn factory in Saudi Arabia in August
Read More
Unifonic acquires Segmentify to advance AI-powered marketing Across MENA
News
Calendar Icon
June 10, 2026
Unifonic acquires Segmentify to advance AI-powered marketing Across MENA
Read More
LimeVest plans $70mn pharmaceutical factory in Saudi Arabia
News
Calendar Icon
June 10, 2026
LimeVest plans $70mn pharmaceutical factory in Saudi Arabia
Read More
Saudi unicorn Ninja explores acquisition of HungerStation
News
Calendar Icon
June 9, 2026
Saudi unicorn Ninja explores acquisition of HungerStation
Read More
HASIF secures Snoonu’s backing through Startup Factory Initiative
News
Calendar Icon
May 12, 2026
HASIF secures Snoonu’s backing through Startup Factory Initiative
Read More