Bupa Arabia launches new health insurance programs

The new Bupa Family program provides a range of healthcare services, including access to top doctors, telemedicine, home vaccination and others.
Short Url
Updated 03 May 2021
Follow

Bupa Arabia launches new health insurance programs

Bupa Arabia for Cooperative Insurance has launched two new innovative health insurance solutions — Bupa Family and Bupa Helpers — designed specifically in accordance with the needs of Saudi families and their domestic workers.

The new products are in line with the announcement of Saudi Health Minister Dr. Tawfiq Al-Rabiah in 2018 regarding the creation of a “specialized national insurance center” to provide integrated insurance coverage based on preventive health services for all citizens in the coming years. The announcement brought national attention to health insurance, placing it at the heart of the well-being of all individuals, families and society at large.

Moreover, Bupa Family and Bupa Helpers also match the goals of Saudi Vision 2030, which aims to raise peoples’ average lifespan from 74 years to 80 years, and the Healthcare Transformation Strategy led by the Ministry of Health. 

Atef Mufti, chief sales officer at Bupa Arabia, said the launch of Bupa Family and Bupa Helpers for Saudi families and domestic workers in the Kingdom comes as part of the company’s efforts to meet the growing needs and expectations of its customers and offer them the best quality of health insurance services provided by more than 1,200 healthcare providers across the Kingdom.

“The new products have been designed to provide a wide range of healthcare insurance options that transcend regular medical coverage for our customers, their family members as well as their domestic workers,” Mufti added. “The new products had the utmost support of the Saudi Central Bank during all stages of product development up to their launch, which helped us reach this satisfactory outcome.” 

He said that ensuring the care and comfort of Bupa Arabia’s customers and improving their experience has always been the company’s No. 1 priority, and the new insurance products are an extension of the same strategy.

Bupa Family is composed of two main programs that offer a range of benefits and network options — “Family Shield” and “Executive.” Customers will be able to select from five different categories of the best hospitals and clinics in the Kingdom. Additionally, they will also have access to the Tebtom program, providing them with a variety of healthcare services, including home vaccination for children, “Bupa Doctor,” telemedicine, among others, along with the Rahatkom program, which is designed to make their hospital experience easier and less stressful. 

Bupa Helpers enhances the well-being of Saudi families by protecting the health of their domestic helpers at affordable prices, providing peace of mind for all family members and meeting the needs of the entire household.


SVC invests $1.2bn and contributes to Kingdom’s pole position in VC funding

Updated 12 March 2026
Follow

SVC invests $1.2bn and contributes to Kingdom’s pole position in VC funding

Saudi Venture Capital Company (SVC) released its annual “Impact Report,” which highlighted SVC’s role in the record growth rates achieved by the Saudi private capital ecosystem in 2025. 

The report emphasized SVC’s impact on the Kingdom's private capital ecosystem (Venture Capital, Private Equity, Venture Debt, and Private Debt) since the company’s establishment in 2018.

The report showed that SVC's total committed investments since its inception have reached $1.2 billion, while its investments have stimulated partner commitments totaling $5.9 billion, or 4.9 times SVC’s commitment. This highlights SVC’s role as a key catalyst and market maker in the private capital ecosystem.

The report indicated that the number of funds backed by SVC increased to 65, while the number of startups and SMEs supported exceeded 1,000 across several vital sectors, including e-commerce, fintech, healthcare, education technologies, transport, and logistics.

Commenting on the report, Nora Alsarhan, Deputy CEO and Chief Investment Officer at SVC, said: “The report highlights the transformative progress happening across Saudi Arabia’s private capital ecosystem as a direct result of the initiatives and goals of the Saudi Vision 2030.” 

She added: “We remain committed to developing investment programs, products, and developmental initiatives based on market needs analysis and aligned with leading global models, which enhance the competitiveness of the Saudi private capital ecosystem, support diversification of the national economy, and help achieve the goals of the Saudi Vision 2030.”

The report showed that SVC’s strategy contributed to the Kingdom’s maintaining its first rank in the MENA region for the third straight year in VC funding in 2025, reaching a historic total of $1.7 billion. This reflects the growth seen across various economic and financial sectors under Saudi Vision 2030, which aims to strengthen the national economy.

The report indicated that the number of venture capital investors has increased sixfold since SVC was founded in 2018, when the number did not exceed 34, reaching 200 in 2025. This reflects the depth of the market and the expansion of the institutional investor base in Saudi Arabia.

The report also highlighted the launch of the inaugural Private Capital Forum, a regional platform to advance dialogue on private capital. The forum brought together 1,070 participants and 59 speakers across 20 sessions, reaching 7.2 million people digitally and generating over 10.5 million media impressions.