Uniting Biotech’s Brightest Minds: Lifera’s Biotech Investor Panel Sets a Global Agenda for Collaboration and Regional Leadership Under Vision 2030

Uniting Biotech’s Brightest Minds: Lifera’s Biotech Investor Panel Sets a Global Agenda for Collaboration and Regional Leadership Under Vision 2030

26

16 January 2025 - 21:35

written : رشاد اسكندراني

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Rashad Iskandrni

Riyadh, Saudi Arabia – In a historic gathering that underscored Saudi Arabia’s ambitious Vision 2030 and its National Biotechnology Strategy, Lifera hosted a groundbreaking panel discussion titled ‘Elevating Saudi Biotech to Global Heights’ on October 28, 2024. The event brought together some of the most prominent names in biotechnology for the first time, including:
I. Dr. Noubar Afeyan (PhD.) – Founder & CEO, Flagship Pioneering
II. Dr. Vik Bajaj (PhD.) – Managing Director, Foresite Capital
III. Bob Nelsen – Co-Founder & Managing Director, ARCH Venture Partners
IV. Andrea Ponti – Founder & Managing Partner, GHO Capital
who shared transformative insights on the role of biotechnology in addressing regional and global challenges.
Moderated by Dr. Sara Althari, Founder & Managing Partner of The Althari Group (TAG.), the panel explored themes critical to advancing Saudi Arabia’s National Biotechnology Strategy. From fostering innovation to investing in cutting-edge technologies, the session highlighted the Kingdom’s potential to lead the regional biotech revolution while contributing to global advancements for humanity. With the global biotechnology market value projected to grow from cUSD$483 billion in 2024 to cUSD$546 billion by year-end 2025, reflecting a robust compound annual growth rate (CAGR) of approximately 13% - this a clear opportunity for The Kingdom of Saudi Arabia with advancements beneficial for the people of the nation.
Biotechnology – A Pillar of Vision 2030
Saudi Arabia’s Vision 2030 and its National Biotechnology Strategy aim to position the Kingdom as a regional hub for innovation, contributing to the global biotech industry while enhancing self-sufficiency in areas like vaccine production, genomics, and precision medicine. The Lifera panel provided a platform to discuss actionable steps toward achieving these goals.
“Saudi Arabia’s commitment to biotechnology aligns with a global mission to solve some of the most pressing challenges in healthcare,” said Dr. Noubar Afeyan, Founder & CEO of Flagship Pioneering and co-founder of Moderna. “This is a unique opportunity for the Kingdom to lead in areas like pandemic preparedness, chronic disease management, and the integration of precision medicine across healthcare systems.”
The session reinforced the message that biotechnology could play a transformative role in tackling chronic diseases prevalent in the region, such as diabetes and cardiovascular diseases, while also addressing global health crises.
Collaboration emerged as a central theme with the panel highlighting how partnerships across government entities, academic institutions, and private sector players could accelerate Saudi Arabia’s growth as a biotechnology leader. “Biotechnology is a deeply collaborative industry that thrives on partnerships,” said Bob Nelsen, Co-Founder & Managing Director of ARCH Venture Partners. “To become a regional leader, the Kingdom must continue fostering an environment where innovators, investors, and scientists can come together to create transformative solutions. Saudi Arabia has the capital, vision, and drive to make this happen.”
The discussion called for greater regional data-sharing, joint ventures, and research collaborations to create a thriving ecosystem that benefits from the collective expertise of the global biotech community.


Harnessing AI and Data for Regional Impact
The transformative role of artificial intelligence and data in advancing biotechnology, particularly in areas like drug discovery, disease prevention, and personalised medicine emerged as a key point of discussion. “Data is the foundation of biotechnology, and Saudi Arabia’s ability to build and leverage a robust data ecosystem will be key to its success,” said Dr. Vik Bajaj, Managing Director of Foresite Capital. “By creating datasets that represent unique regional populations, the Kingdom can not only drive local advancements but also contribute significantly to the global understanding of disease and treatment.”
The strategic vision of Lifera has already noted the potential of AI-driven innovations to personalise healthcare for regional populations, addressing genetic, lifestyle, and environmental factors unique to the Middle East. Through the creation of Lifera Omics in January 2024 and the launch of bioinformatics solutions for genetic testing and drug discovery planned for May 2025, Lifera is establishing capacity to improve the quality of genetic tests offered to patients in Saudi Arabia whilst at the same time developing capabilities to align and curate large datasets for research and development.  Through various partnerships, Lifera Omics has differentiated clinical diagnostic capabilities and access to Saudi patient consented data highly enriched for rare diseases. Globally recognised Saudi human geneticist, Professor Fowzan AlKuraya, joined Lifera Omics as Chief Genomics and Medical Officer and is building a team of clinical geneticists and bioinformaticians to deliver innovative data-driven solutions to patients in Saudi Arabia aligned with global initiatives in research and development. The integration of AI into biotechnology offers opportunities to develop treatments tailored to the specific needs of Saudi Arabia’s citizens as well as the wider region.
The discussion turned to the essential infrastructure and talent development required to support Saudi Arabia’s biotech aspirations. From advanced manufacturing facilities to streamlined regulatory frameworks, the forum stressed that building a robust ecosystem is key to scaling innovation.
“Infrastructure is the backbone of biotechnology,” said Andrea Ponti, Founder & Managing Partner of GHO Capital. “Investments in state-of-the-art facilities and its focus on creating a streamlined, supportive regulatory environment position The Kingdom to be a global leader. The nation is uniquely placed to scale biotech innovations not just for its population but for the entire region.”
Equally important is the development of human capital. A call for greater investment in training programs, academic partnerships, and incentives to attract top global talent to Saudi Arabia. “We need to think about people as much as we think about technology,” added Ponti. “Biotech is a deeply human endeavour, and the Kingdom’s ability to cultivate and retain talent will be a decisive factor in its success.”  To enable the development of Saudi Arabia’s biotechnology sector, Lifera sent its first cohort of trainees to its customer sites in 2024 to be trained in sterile drug product manufacturing and plans include training approximately 200 individuals through to 2029 in biomanufacturing and genomics.
Illuminating Saudi Arabia’s Path to Life Science Leadership
As Saudi Arabia continues its journey toward becoming a leader in biotechnology, the panellists provided targeted advice on how the Kingdom can realise its ambitious Vision 2030 goals. Looking further ahead, the global market is expected to reach in excess of a trillion USD$ by 2033, exhibiting a CAGR of 6.27% during the 2025-2033 period. Central to their insights was the importance of strategic planning, collaboration, and investing in distinct areas that play to Saudi Arabia’s strengths.
“Saudi Arabia has a unique opportunity to lead by example,” said Dr. Noubar Afeyan, Founder & CEO of Flagship Pioneering. “By setting bold, long-term goals—whether that’s addressing specific diseases or pioneering advancements in climate-related health challenges—the Kingdom can demonstrate that it is not only a regional leader but also a global innovator.”
Dr. Afeyan further emphasized the need for ambition and focus: “To make those miracles happen, Saudi Arabia must think big—whether it’s developing a universal vaccine, eradicating a specific disease, or tackling the health impacts of climate change. The Kingdom has the resources and vision to aim high and achieve transformative results.”
The need for unity across sectors was reiterated. Bob Nelsen, Co-Founder & Managing Director of ARCH Venture Partners, emphasized, “Achieving these goals requires deep and sustained collaboration—across borders, disciplines, and industries. Saudi Arabia is perfectly positioned to leverage its resources and geography to become a hub for transformative innovation.” He further advised, “To truly lead, you cannot aim for 70% success in too many areas. Instead, focus on achieving 100% excellence in a select few, becoming a world-class leader in those domains.”
Talent cultivation was another critical factor. “Biotechnology thrives on human capital,” noted Andrea Ponti, Founder & Managing Partner of GHO Capital. “Saudi Arabia must invest in building a skilled workforce, forging academic partnerships, and creating incentives to attract global expertise.”
By embracing these strategies, Saudi Arabia can solidify its position as a pioneer in the life sciences, shaping the future of global healthcare and innovation.

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Abdullatif Jameel Electronics Celebrates 45 Years of Excellence with New Store Opening in Riyadh

Rashad Iskandrni

 

 

The newly inaugurated store is designed to provide Riyadh consumers with a state-of-the-art shopping experience

 

 

Riyadh, Saudi Arabia – Feb. 4, 2025 – Abdullatif Jameel Electronics (ALJE) proudly commemorates its 45th anniversary by unveiling its biggest store in the heart of Riyadh city. The grand opening ceremony drew significant attendance, including the company’s CEO Mr. Hisham Hamza, Managing Director Sandeep Saihgal, members of the management team, and employees, as well as partners, media representatives, influencers, and journalists.

 

The newly inaugurated store is designed to provide Riyadh consumers with a state-of-the-art shopping experience, offering an easy and convenient selection of products tailored to meet the evolving needs of today’s customers. The store features dedicated built-in commercial areas that simplify the decision-making process for customers, showcasing a diverse range electronic product categories that start from TVs, Home appliances, Air conditions, smart phones, Monitors, and small digital appliances.

 

The launch event was enhanced by the participation of leading tech influencer Faisal Al Saif, who guided guests through the various sections of the store, highlighting the innovative layout and user-friendly features designed for an exceptional shopping experience.

 

Sandeep Saihgal stated, “We are excited to introduce a new enhanced shopping experience that differentiates the customer journey. Our focus is on making it simple for customers to navigate through easy categories that cater to different segments and preferences.”

 

As Abdullatif Jameel Electronics marks this significant milestone, the company reaffirms its commitment to providing high-quality products and outstanding service to its customers in Riyadh and beyond.

 

The new store is now open to the public, inviting everyone to explore its innovative offerings and experience firsthand the future of electronics retail.

منذ 11 ساعة . News

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Microsoft AI Tour Riyadh highlights how widespread adoption of AI is unlocking economic growth in Kingdom of Saudi Arabia

Rashad Iskandrni

 

Highly anticipated event showcases the next generation of AI advancements and their transformative potential across every industry and sector in the Kingdom.

4 February 2025; Riyadh, Saudi Arabia – Microsoft’s highly anticipated AI Tour took place today in Riyadh, spotlighting the remarkable progress that the Kingdom has made in leveraging the latest cloud and AI technologies to drive economic growth and transformation. The global event arrives at a pivotal moment, as Saudi organizations continue to accelerate AI adoption across industries, delivering tangible results that align with the ambitious goals of Vision 2030.

The event brought together developers, innovators, and business leaders from key organizations in both the public and private sectors, as well as Microsoft executives including Charles Lamanna, Corporate Vice President, Business & Industry Copilot at Microsoft, Jessica Hawk, Corporate Vice President, Data, AI and Digital Applications, Microsoft Product Marketing and Vasu Jakkal, Corporate Vice President, Microsoft Security.

 

During his engagements with leaders from businesses and government entities, Lamanna observed the speed at which institutions across the Kingdom have advanced their AI transformation journeys in recent months, leveraging Microsoft’s cutting-edge cloud and AI solutions to build advanced applications that streamline operations, enhance decision-making, and drive sustainable growth. From helping automate workflows in manufacturing to optimizing supply chains in retail and enhancing customer experiences in banking, the tangible benefits of AI are already transforming industries across the Kingdom.

“Public and private sector enterprises in Saudi Arabia have demonstrated extraordinary progress in harnessing the power of AI and cloud technologies to transform industries, enhance productivity, and create new economic opportunities,” Charles Lamanna, Corporate Vice President, Business & Industry Copilot at Microsoft said on the sidelines of the event. “The nation’s commitment to cloud adoption as the foundation for its AI transformation is paving the way for remarkable achievements. I am thrilled to see the incredible progress being made across Saudi Arabia.”

One of the key enablers of this rapid progress is Microsoft’s upcoming datacenter region in Saudi Arabia, which represents a major milestone in the Kingdom’s digital transformation journey. This state-of-the-art datacenter region will offer enterprise-grade reliability and performance while adhering to the highest standards of data residency, privacy, and security. With the construction of all three Azure availability zones now complete and availability anticipated in 2026, the datacenter region underscores Microsoft’s commitment to fostering innovation, resilience, and growth in the Kingdom.

Turki Badhris, President of Microsoft Arabia, in his address, reinforced Microsoft’s commitment to accelerating AI adoption across Saudi Arabia. “As organizations across the Kingdom embrace AI to unlock new efficiencies and drive innovation, Microsoft remains dedicated to providing the cutting-edge technologies, expertise, and global best practices needed to support their transformation journeys. By fostering a vibrant AI ecosystem, we are empowering businesses, government entities, and developers to harness the full potential of AI and contribute to the Kingdom’s ambitious Vision 2030 goals.”

During a conversation on stage with Lamanna, His Excellency Haytham Alohali, Vice Minister of Communications and Information Technology (MCIT), praised Microsoft's efforts to support AI transformation in Saudi Arabia.  "Microsoft has become a cornerstone in Saudi Arabia as we build a global hub for technology and innovation during the AI revolution. Their work in the Kingdom showcases the power of partnerships in fostering sustainable growth and societal progress.”

Lamanna also met with leaders from leading organizations across key industries in Saudi Arabia that have harnessed AI technologies to drive tangible business impact:

 

  • Obeikan Investment Group, a pioneer in digital transformation, harnessed Azure OpenAI and IoT technologies to transform manufacturing operations. By implementing a smart factory platform in 22 of its manufacturing facilities, Obeikan achieved a 30% increase in overall equipment effectiveness (OEE), a 1.5-fold increase in labor productivity and a 30% reduction in costs, as well as significant reductions in waste and energy consumption. The company was also able to reduce downtime across its facilities. These advancements are a testament to the power of AI in driving sustainability and operational excellence.
  • stc Group, the kingdom’s leading digital enabler, collaborated with Microsoft to develop a family of AI applications called the “stc AI Marketplace“ using Azure Open AI. The AI-powered applications are designed to significantly improve customer experience, drive operational efficiencies, and reduce costs. The stc AI Marketplace has streamlined operations across the company’s sales team to improve customer interactions by providing them with all the relevant information, thereby increasing sales and reducing seller call time.
  • Gameit, an innovative Saudi startup, leveraged Azure OpenAI to develop AI-powered games for children that enhance cognitive skills such as attention, memory, logical reasoning, auditory and visual perception and social skills.  The games are scientifically designed to help all school students, including those facing learning challenges. Gameit also used Microsoft Azure services to develop AI-powered intelligent platforms to provide personalized learning experiences, with adaptive tutors that generate games which evolve at each child’s own pace and according to their unique needs, helping to build essential skillsets in a way that’s both effective and enjoyable. Gameit is the first startup from Saudi Arabia published on Azure Market place.
  • Saudi Arabian Mining Company (Ma’aden), the largest mining company in the Middle East, adopted Microsoft 365 Copilot to help employees spend less time on administrative tasks and instead focus on more strategic tasks out in the field. Over a period of six months, employees were able to significantly enhance their productivity, saving around 27 minutes per day that were previously spent on unnecessary meetings, 14 minutes on searching for and summarizing documents, and 18 minutes on creating high-quality content. Collectively, employees were able to save over 2,000 hours per month by utilizing the solution.
  • Diriyah, the historic birthplace of the first Saudi state and home to the UNESCO World Heritage Site of At-Turaif, has partnered with Microsoft to drive innovation and support Saudi Arabia’s Vision 2030. Through adopting advanced tools like the “CXQA AI Agent” built with Copilot Studio, Diriyah is empowering its teams to enhance customer experiences, analyze data to uncover key trends, develop tailored solutions, and efficiently manage complex on-site operations. Embracing a digital-first approach, Diriyah Company is redefining operational excellence and solidifying its position as a leading developer in the Kingdom.


Microsoft’s AI Tour Riyadh, supported by stc as the Premium Sponsor, underscores the company’s long-standing commitment to Saudi Arabia, where it has been present for over 25 years. In addition to highlighting the incredible potential of AI to transform industries, empower individuals, and contribute to the Kingdom’s ambitious Vision 2030 objectives, the event also celebrates a new era of innovation and collaboration in Saudi Arabia.

-ENDS-

منذ 11 ساعة . News

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intimissimi Unveils its First Store in Saudi Arabia at Panorama Mall in Riyadh

Rashad Iskandrni


intimissimi, the iconic Italian brand synonymous with elegance and romance, announces the grand inauguration of its first store in Saudi Arabia at Panorama Mall in Riyadh. This highly anticipated premiere marks a milestone for the brand, introducing its world-renowned sophistication, classic Italian flair, and unsurpassed workmanship to the Kingdom for the first time.

The flagship store, located in the bustling Panorama Mall, is more than just a shopping destination—it is a celebration of femininity and style. Designed with intimissimi's standard attention to detail, the store aims to provide an immersive shopping experience in which consumers can browse luxurious products in a welcoming, easy-to-navigate setting. The store exudes the essence of Italian charm, giving women across the Kingdom a taste of the Italian elegance that has captured hearts all over the world.
"Our entry into Saudi Arabia marks an exciting milestone for intimissimi as we continue to expand our presence in the Middle East. This step reflects the Kingdom's increasing demand for luxury apparel and its dynamic, style-conscious community. We are thrilled to bring our elegant tradition to Saudi Arabia and look forward to becoming a cherished part of Riyadh's vibrant fashion scene," said Tamara Jaber, Brand Manager at intimissimi.

To celebrate the grand opening, intimissimi at Panorama Mall hosted an exclusive event, which drew a distinguished crowd, including some of Saudi Arabia’s top influencers and fashion enthusiasts. Guests were invited to explore the stunning new store and its captivating collections, enjoying an evening filled with glamour and sophistication. The event featured special promotions, and exclusive surprises, creating a truly unforgettable experience that marked the brand’s remarkable debut in the Kingdom.

intimissimi's exquisite collections, which include luxurious intimates, elevated knitwear, and comfy nightwear, will now be available for shoppers in Riyadh. Each piece exemplifies the brand's commitment to quality, innovation, and a thorough grasp of women's needs.

intimissimi's wardrobe combines Italian heritage with current designs to empower women with comfort and beauty, allowing them to feel confident and gorgeous at all times.

منذ 3 أيام . News

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Balad Beast 2025 Wraps Up with an Epic Finale, Attracting 30,000 Enthusiasts and 70+ Unforgettable Performances in Historic Jeddah

Rashad Iskandrni

 

Balad Beast festival wrapped up on Friday, January 31, with a spectacular celebration, immersing festivalgoers in a diverse musical and cultural experience. Set against the stunning backdrop of Al Balad, Jeddah's historical district and a UNESCO World Heritage Site, the festival delivered a mesmerizing fusion of sound, culture, and breathtaking light displays, creating an unparalleled artistic atmosphere. 
The two-day festival sold out early, attracting 30,000 music and culture enthusiasts. Balad Beast showcased an exceptional lineup of 70 international, regional, and local music artists, creating an unforgettable experience for attendees.
Ramadan Alharatani, CEO at MDLBEAST, reflected on the festival’s amazing success, stating, "Balad Beast has once again delivered an extraordinary blend of immersive experiences, captivating audiences with incredible performances. It’s a journey through time, where the history of Balad meets the sounds of today, with surprises awaiting at every corner. This seamless fusion of heritage and contemporary music makes Balad Beast truly one of a kind."
On the final day, the "Bab" stage came alive with ethereal performances, including the charming voice and dreamy pop melodies of Canadian artist Ghostly Kisses, and the boundary-pushing beats of hip-hop producer Metro Boomin. Hip-hop icon Wiz Khalifa ignited the crowd with his signature energy, while the dynamic Tiwa Savage and the electrifying Lost Frequencies kept the momentum soaring. Adding a powerful local presence, Saudi Arabia’s all-female rock band Seera made a memorable mark on the stage.

Over at "Omda" stage, high-energy sets from Manda Moor, DJ Hannah, Jamie Jones, Maceo Plex, and Moontalk had the crowd dancing non-stop. The "Roshan" stage delivered a mix of performances by Tamer, Hats & Klaps, and Tarab Electro, further enriching the festival’s diverse sonic landscape. Meanwhile, the "Souq" stage kept the excitement alive with unforgettable performances by Sugary, Baloo, Vinyl Mode, DUL, Varoo, and Omar Fayyad.
As the festival ends this unforgettable edition, Balad Beast once again solidified its place as a trailblazer in the region’s cultural and music scene. With each passing year, it continues to grow in scale and creativity, uniting people from around the world in celebration of music, heritage, and innovation.

منذ 3 أيام . News

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Manal Saleh: A Saudi Model Participating in Asset, Facilities and Maintenance Management

Rashad Iskandrni

Manal Saleh, Operational Systems Manager in one of the government sectors, was honored to attend the 22nd of International Conference on Asset, Facilities and Maintenance Management OMAINTEC FM 2025: and took an in-depth look at sustainable operational excellence.
The OMAINTEC FM 2025 conference, held at the Ritz-Carlton Hotel in Jeddah from January 26-28, was an enriching experience focused on "Sustainable Operational Excellence for Digitalization of Assets, Facility, and Maintenance". The conference brought together professionals, experts, researchers, and practitioners from various fields, including asset management, facility maintenance, and engineering. As an attendee, I was impressed by the comprehensive exploration of cutting-edge advancements and pressing challenges in the industry.


Technical Advisor Manal Saleh stressed that the conference is one of the important events, as it represents an ideal platform to showcase the latest technologies and innovative solutions that enhance, develop and enable digital transformation in the Kingdom and the region. It also contributes to achieving sustainable operational excellence through digitizing assets, facilities and maintenance, which drives the digital transformation towards a more advanced and efficient future.



During the conference, the industry focused on sustainable operational excellence for digitizing assets, facilities and maintenance. The event witnessed the attendance of an elite group of professionals, experts, researchers and practitioners from various fields, including asset management, facilities maintenance and engineering.

As an attendee, I was impressed by the comprehensive exploration of the latest developments and pressing challenges in the industry. My experience was rich and enjoyable, as the conference provided me with a unique opportunity to learn and communicate with industry leaders.


Engaging with Key Industry Professionals
The conference was designed to foster collaboration and knowledge-sharing. I had the opportunity to network with facility managers, asset managers, maintenance managers, engineers, technology providers, academics, researchers, government officials, and consultants. It was a fantastic chance to connect with peers, industry experts, and representatives through networking sessions and social events, fostering valuable connections.


A Diverse and Enriching Program
The conference agenda was diverse and enriching, featuring scientific sessions, interactive workshops, specialized panel discussions, and an innovation exhibition.
* Interactive Workshops: I participated in practical workshops led by industry experts, exploring real-world applications of asset management, facility management, and maintenance strategies. These workshops offered case studies, best practices, and emerging technologies.
* Dynamic Panel Discussions: Thought-provoking panel discussions featured top experts and researchers, covering topics from the latest trends in asset improvement to sustainable facility management practices. I gained valuable insights by interacting with the speakers.
* Scientific Sessions & Presentations: I attended scientific sessions and presentations covering a range of topics, including asset lifecycle management, predictive maintenance techniques, energy efficiency, and facility management. Researchers and practitioners shared their experiences and innovative solutions.
* Innovation Exhibition (AFM EXPO): The AFM EXPO showcased the latest products, services, and technologies in asset and facility management. I gained direct insights into advanced solutions and industrial progress through interactive displays and product demonstrations.
* Poster Presentations: I explored poster presentations that highlighted research findings, case studies, and innovative projects.
* ThinkTank Sessions: Collaborative sessions led by industry experts explored innovative solutions and addressed challenges through discussions and problem-solving activities.
Focus on Key Topics
Her focus, research and exposure were on the following important topics: providing a comprehensive view of the industry's key areas:
* Electrical Systems: Discussions included net-zero carbon emission initiatives, the role of digitalization in decarbonization, and the applications of artificial intelligence in electrical grid system transformations.
* Roads and Transportation Systems: I learned about smart transportation infrastructure maintenance, autonomous transportation, sustainable roadway maintenance practices, and cybersecurity for digital road maintenance data.
* Maintenance Systems and Management: The conference highlighted key performance indicators, predictive maintenance, digital facility and maintenance management systems, data-driven decision-making, and the integration of the Internet of Things.
* Water Systems: Sessions focused on smart water management, asset integrity, water quality monitoring, and resilience planning for water supply systems.
* Buildings and Facilities Management: I gained insights into sustainable building maintenance, digitizing facility management, and integrating IoT devices for real-time monitoring.
* Communications Systems, Smart Maintenance, and Cybersecurity: Discussions included the integration of the Internet of Things, cybersecurity measures for smart infrastructure, and predictive maintenance strategies.
* Education and Training: The conference also covered interactive education systems, professional apprenticeship, and employee training programs to adapt to digital transformation.
​On the sidelines of the conference, and in order to train national cadres, I was also pleased and honored to participate in the Professional Facilities Management Program, presented by His Excellency Dr. Eng. Omar Kamal Younis. The Excellence in Asset Management Program was held with Eng. Hazem Mansour, Operations Manager at Al-Mokhtas Engineering Consulting Company, and Eng. Basem Sayel, Secretary General of the Arab Council for Asset, Facility and Maintenance Management.


Global Perspective and Industry Recognition
OMAINTEC offered a global platform to connect and collaborate with professionals, broadening my understanding of international industry standards. The conference also featured the Arab Award for Asset, Facilities, and Maintenance Management, recognizing outstanding achievements in the field.
Overall, my experience at the OMAINTEC FM 2025 conference was extremely valuable. The focus on sustainability, digitization, and operational excellence provided me with new perspectives and practical knowledge in asset, facility, and maintenance management. The conference not only offered a platform for professional development but also inspired innovation and collaboration, setting the stage for future advancements in the industry.
Acknowledgements
In order to achieve the goals of Saudi Vision 2030 and to achieve the vision headed by the Crown Prince Mohammed bin Salman - may God protect him - which focuses on economic diversification and developing all non-oil sectors.



Technical Advisor Manal Alamri extends her sincere thanks and appreciation for this great work that contributes to achieving Vision 2030, and represents an important step in the development of asset, facility and maintenance management. She also expresses her deep gratitude for hosting her at this distinguished conference, which includes an elite group of the best national cadres from various sectors.
She extends her thanks and appreciation to His Excellency Dr. Zuhair Mohammed Al-Sarraj, Secretary-General of the International Conference on Asset, Facility and Maintenance Management, for his valuable efforts in organizing this pioneering event, and Dr. Mohammed Abdul Aziz Al-Fawzan, Chairman of the Board of Directors of the Arab Council for Asset, Facility and Maintenance Management, for his continuous support and outstanding contributions in this field.

 



Eng. Manal Alamri's experience at the OMAINTEC FM 2025 conference was extremely valuable. The focus on sustainability, digitization and operational excellence provided her with new perspectives and practical knowledge in asset, facility and maintenance management. The conference was not only a platform for professional development, but also a source of inspiration for innovation and collaboration, paving the way for future progress and development in the industry, in addition to enabling digital transformation in the Kingdom and the region.
The conference also showcased the latest sustainability, digitization and operational excellence solutions designed to support various sectors on their journey towards digital transformation, within the framework of Saudi Arabia’s Vision 2030, which aims to enhance its position as a global leader in the digital economy.

منذ 3 أيام . News

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The Groundbreaking Lucid Gravity to Leverage Panasonic Energy's Latest-Generation High-Performance EV Batteries

Rashad Iskandrni

 

January 30, 2025, Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy’s lithium-ion EV battery cells. With a projected range surpassing 720 kilometers from a battery pack that is up to 40 percent smaller than competitors’, the collaborative efforts between Panasonic and Lucid have helped deliver an SUV with a previously impossible combination of outstanding range, performance and interior space. 

Lucid Gravity is a groundbreaking new class of SUV, conceived from the ground up without compromise. Enabled by Lucid’s revolutionary technology, Lucid Gravity provides the interior space and practicality of a full-size SUV with up to 120 cubic feet of total usable cargo space1, all contained inside the exterior footprint of a mid-size SUV. As a result, it provides a sophisticated space for up to seven adults, game-changing versatility, and an unparalleled driving experience. The Lucid Gravity Grand Touring offers 828 horsepower, is capable of 0-60 in under 3.5 seconds, and has a projected range surpassing 720 kilometers. 

These impressive features are enabled in part by Panasonic Energy's latest-generation high performing 2170 cylindrical lithium-ion battery cells, which offer an energy density of above 800Wh/L (watt-hours per liter), an industry-leading achievement. These high-capacity cells were realized through a closer working relationship with Lucid and are designed to specifically meet Lucid’s exceptional standards for fast-charging, safety, longevity and performance. Lucid Gravity will be one of the first vehicles to leverage this next-generation cell at scale.

Panasonic Energy, a global leader in lithium-ion batteries, is renowned for its high-quality and high-reliability battery cells. By December 2023, the company had supplied approximately 15 billion lithium-ion EV batteries globally, equivalent to powering 3 million EVs, without any vehicle recalls due to battery-attributed issues. This record further emphasizes Panasonic Energy's unwavering commitment to quality and safety. Panasonic and Lucid’s collaboration on the Lucid Gravity have further strengthened Lucid’s industry-leading powertrain system.

The partnership between Panasonic Energy and Lucid was established through several multi-year agreements in 2022. Panasonic Energy's batteries have also been successfully integrated into the award-winning Lucid Air Pure. This success has prompted the adoption of Panasonic’s advanced cylindrical lithium-ion batteries in the Lucid Gravity models as well. The Lucid Gravity Touring will also use Panasonic Energy’s 2170 batteries. Panasonic Energy’s 2170 battery cells, key to both models, are produced in Japan, with expected future production at Panasonic’s new production facility in Kansas.

“Lucid Gravity is truly the first SUV that does not force customers to compromise,” said Peter Rawlinson, CEO at Lucid. “It brings together a previously impossible combination of attributes with the interior space of a full-size SUV, the performance of a sports car with supreme comfort, and a projected range surpassing 720 Km. Through our advanced technology and collaboration with Panasonic, we have achieved this with an impressively small battery pack compared to competitors. This is critical to preserving earth’s precious resources and I look forward to our continued work with Panasonic as we further sustainable mobility for the benefit of all.” 

"We are extremely proud of our collaboration with Lucid. By combining our high-performance, high-energy density cells with Lucid's technology, we have been able to utilize the unique characteristics of our cylindrical cells, resulting in an SUV with unparalleled performance and range. This underscores our continued efforts in aiming to set new standards in the EV industry and contributing to a sustainable society,” said Kazuo Tadanobu, CEO of Panasonic Energy.

 

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About Panasonic Energy 

Panasonic Energy Co., Ltd., established in April 2022 as part of the Panasonic Group’s switch to an operating company system, provides innovative battery technology-based products and solutions globally. Through its automotive lithium-ion batteries, storage battery systems and dry batteries, the company brings safe, reliable, and convenient power to a broad range of business areas, from mobility and social infrastructure to medical and consumer products. Panasonic Energy is committed to contributing to a society that realizes happiness and environmental sustainability, and through its business activities the Company aims to address societal issues while taking the lead on environmental initiatives. For more details, please visit https://www.panasonic.com/global/energy/ 

 

About Lucid Group 

Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and new Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.

 

Media Contacts
media@lucidmotors.com 

 

1. When configured as a 2-row, 5-seat vehicle.

Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding plans and expectations with respect to Lucid Gravity, including the timing for future trim and its starting price, the promise of Lucid’s partnership with Panasonic, plans and expectations with respect to Panasonic’s battery cell production plans, and the promise of Lucid’s technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the heading "Risk Factors" in Part II, Item 1A of Lucid's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, as well as other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

 

 

 

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