Digital innovation driving KSA healthcare transformation

The research revealed that healthcare leaders are nurturing strategic partnerships with health technology companies for access to various kinds of expertise.
Short Url
Updated 28 November 2022
Follow

Digital innovation driving KSA healthcare transformation

Royal Philips, a global health technology company, has announced the publication of its Future Health Index 2022 report: “Healthcare hits reset: Priorities shift as healthcare leaders navigate a changed world.” Now in its seventh year, the FHI 2022 report, based on proprietary research from almost 3,000 respondents conducted across 15 countries, explores how healthcare leaders are harnessing the power of data and digital technology as they look to address their key challenges coming out of the pandemic.

The report provides a clear indication of strong momentum in innovation within Saudi Arabia’s healthcare system. Expanding patient care, unlocking the power of digital health, and leveraging strategic partnerships have emerged as top priorities for Saudi Arabia in its journey toward Vision 2030. 

“Over the past two years, pressure on the healthcare industry has been unrelenting. Today, as we emerge from the pandemic, we see healthcare leaders embarking on a reset — refocusing on several new and existing priorities, from addressing staff shortages to extending care delivery, to leveraging big data and predictive analytics, as they navigate new realities in medical management. Telehealth and digital health records have emerged at the forefront of driving technology-led transformation in healthcare in Saudi Arabia,” said Mohamed Sindi, CEO of Philips Healthcare Saudi Arabia. 

The FHI 2022 Saudi Arabia report highlighted three priorities for healthcare leaders as they strive to further expand access to care and deliver better patient outcomes:

Expanding care through digital health technologies

In the post-COVID-19 world, people continue to demand care beyond the hospital walls, making it necessary for healthcare leaders to continue to invest in technology and focus on enabling their workforce to support this. With many digital health tools already implemented, broader innovation is at the top of leaders’ priority list. One-fifth (22 percent) of Saudi leaders cite extending care delivery beyond the hospital walls as a top priority today and 26 percent expect to prioritize it in three years’ time. Digital and telehealth investments by healthcare leaders will also reduce staff workloads, thus improving staff retention and satisfaction, which is an important priority for 23 percent of leaders with 29 percent expecting it to remain a priority for the next three years.

Driving efficiency through innovation and partnership

With digital health now firmly embedded in healthcare delivery, it is imperative for healthcare leaders to unlock the next level of data utilization that will improve the efficiency of care delivery. The FHI Saudi Arabia 2022 research revealed that healthcare leaders are nurturing strategic partnerships with health technology companies for access to various kinds of expertise. Thirty-three percent of leaders seek partnerships that provide support in healthcare management services, as well as data analysis, 32 percent want partnerships that support technology integration, while 29 percent seek support in shaping a strategic vision.

Investments in AI for improved care delivery 

Advanced technologies such as artificial intelligence and predictive analytics help to identify trends, optimize processes, and reduce costs. Saudi Arabia is on par with the European average when it comes to the use of predictive analytics, with 48 percent of healthcare leaders currently utilizing or in the process of adopting such technologies. More than three quarters of respondents believe that predictive analytics can improve staff experiences as well as patient outcomes. One in four (26 percent) of Saudi Arabia’s healthcare leaders say that improving tech infrastructure in their facilities is the most important priority if they are to fully unlock the power of data. 

Saudi Arabian healthcare leaders are also committed to AI-based technologies, with 46 percent investing in these technologies this year and 66 percent planning to invest in 2023.


Saudi Arabia world’s safest and most attractive investment destination, says chairman of Sumou Holding

Updated 09 March 2026
Follow

Saudi Arabia world’s safest and most attractive investment destination, says chairman of Sumou Holding

Saudi Arabia has emerged as one of the world’s safest and most attractive destinations for investment, supported by the strength and resilience of its economy, according to Ayed bin Farhan Al-Qahtani, chairman of Sumou Holding.

Al-Qahtani said the Kingdom’s economy has consistently demonstrated its ability to navigate global and regional crises. He noted that Saudi Arabia has historically adapted to challenging conditions and emerged stronger, thanks to prudent economic policies and effective governance, both of which have reinforced the market’s financial strength. Al-Qahtani added that Saudi Vision 2030 has reshaped the structure of the national economy by diversifying income sources and leveraging the country’s core strengths, creating a more flexible and sustainable economic environment capable of withstanding global volatility.

According to Al-Qahtani, business activity across Saudi Arabia continues to operate normally despite current global uncertainties, highlighting the adaptability and experience of Saudi companies across multiple sectors.

Sumou Holding currently manages an investment portfolio valued at about $10 billion. Al-Qahtani said that the group plans to expand its investments in the Kingdom while seeking to attract additional foreign capital through international partnerships and joint ventures.

The company is evaluating a range of new opportunities across key sectors and particularly in real estate, which Al-Qahtani described as one of the most secure and attractive investment sectors in the Saudi market amid rising demand for residential, commercial, and development projects.

Saudi Arabia’s property market has also undergone significant regulatory reforms aimed at boosting its appeal to international investors. A new foreign property ownership law, which came into effect in early 2026, allows non-Saudis — individuals and companies, residents and non-residents — to own residential, commercial, and agricultural properties across designated areas of the Kingdom.

The framework will increase capital inflows into the real estate sector while introducing specific ownership rules for the holy cities of Makkah and Madinah, two markets Al-Qahtani said remain among the most secure and globally attractive for long-term investment.

Sumou Holding owns two companies listed on the Saudi Exchange: Sumou Real Estate Co. and Ader Real Estate Co.

Al-Qahtani added that the group’s international arm, Ader Global, is building partnerships with global investors and directing capital toward promising opportunities in the Saudi market, reinforcing the Kingdom’s role as a regional hub for investment and multinational companies.

With its strong regulatory framework, investment security, and continued government support for the private sector, Saudi Arabia is well positioned to attract further foreign capital in the coming years, Al-Qahtani said, cementing the country’s status as a leading global investment destination both today and in the future.