Prince Faisal reviews new health projects in Madinah

Madinah Gov. Prince Faisal bin Salman
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Updated 30 October 2020

Prince Faisal reviews new health projects in Madinah

Madinah Gov. Prince Faisal bin Salman spoke of the support and attention attached by the Saudi government to the health sector of the holy city, during a video conference on Thursday.
This was to provide the best ambulatory, preventive and curative services for worshippers at the Prophet’s Mosque and residents of Madinah — and during Hajj and Umrah seasons — according to the highest international health standards, he said.
This came during a video conference, organized with the participation of Health Minister Dr. Tawfiq Al-Rabiah, during which Prince Faisal reviewed new health projects carried out by the Health Ministry in the central area of Madinah. The projects cover the development of the new Al-Ansar Hospital, Al-Salam Hospital, as well as health care centers.
Prince Faisal reviewed the details of the Al-Ansar Hospital project, considered the primary center for urgent care and emergencies serving worshippers at the Prophet’s Mosque. It is the first of its kind to be implemented by the Ministry of Health under a new system with the participation of the private sector.
The hospital will occupy a space of 35,013 sq m and have a capacity of 244 beds. The project includes emergency, surgical and medical departments, an intensive care unit and a sunstroke and heatstroke unit. The project is expected to be ready in 36 months.
Prince Faisal also reviewed the project of the Al-Salam Hospital, overlooking the Prophet’s Mosque, with an operational capacity of 61 beds. The hospital will provide all urgent medical services that were provided at Al-Ansar Hospital as well as urgent care services through pre-screening clinics. The project is expected to be ready in six months.
Al-Rabiah said that the projects would promote medical care for patients, including Hajj and Umrah pilgrims as well as residents of the city, and would improve the performance of health facilities.


Yazeed Al-Humied, head of Local Holdings Investments at the Saudi Public Investment Fund

Yazeed Al-Humied
Updated 15 January 2021

Yazeed Al-Humied, head of Local Holdings Investments at the Saudi Public Investment Fund

Yazeed Al-Humied is the newly appointed head of Local Holdings Investments at the Saudi Public Investment Fund (PIF).

From October 2016 until December 2020, he was the PIF’s chief of staff, managing the fund’s relationships and creating strategic partnerships locally and internationally.

He also managed internal institutional and investment projects to ensure they were completed on time and met quality standards and developed a governance model for PIF portfolio companies while monitoring their performance.

On top of his new role, Al-Humied will contribute to the PIF as a member of various permanent committees including those responsible for management, and portfolio company nomination.

In addition, he sits as chairman of the National Security Services Co., vice chairman of both the Samba Financial Group and the Saudi Stock Exchange (Tadawul), and is a board member of Saudia airline, the Saudi Civil Aviation Holding Co., and Saudi low-cost carrier flyadeal.

Al-Humied joined PIF as an adviser to the fund’s governor in 2015. In his one-year advisory role, he was responsible for the restructuring, strategy crafting, and posting of PIF’s reallocation to the Saudi Council of Economic and Development Affairs.

He started his career in 2004 with multinational professional services company PricewaterhouseCoopers and four years later joined the Capital Market Authority (CMA) where he headed mergers and acquisitions.

Al-Humied gained a bachelor’s degree in accounting from Riyadh’s King Saud University in 2004 and he is also an alumnus of the London Business School’s corporate finance modular program.