Saudi Health Fund’s 34 Agreements, Partnerships Shape 2023 Operations

From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
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Saudi Health Fund’s 34 Agreements, Partnerships Shape 2023 Operations

From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)

The Saudi Health Sector Fund has shown how healthcare is changing during Ramadan, breaking previous records. More than 4 million individual donations were made, with 47 charitable initiatives and 34 partnerships contributing to this generosity.

Aligned with Saudi Vision 2030, the healthcare sector is working to improve people’s health and create vibrant communities. One key program is the Healthcare Sector Transformation Program, which is driving various initiatives to achieve these goals.

A standout initiative is the Health Endowment Fund, the Kingdom’s first independent healthcare fund. It supports access to healthcare for the most vulnerable and involves the community in helping those in need through partnerships.

To ensure transparency and effectiveness, the fund is working with specialized auditing firms. It’s also partnering with financial experts to manage investments for financial sustainability.

Another important effort is the development of primary healthcare centers. This involves improving infrastructure, upgrading equipment, and using technology to enhance healthcare services and patient experiences.

These initiatives reflect the Fund’s commitment to improving healthcare across the sector and providing swift assistance to those in need. Overall, the fund aims to build a model healthcare endowment that can address health challenges effectively with the help of the community.



Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
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Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)

The Saudi Energy Ministry announced Saturday that the Kingdom has officially joined the International Partnership for the Hydrogen and Fuel Cells in the Economy (IPHE), as part of its ongoing efforts to foster international collaboration in developing this vital sector.
This accession marks a major step for the Kingdom, reinforcing its pioneering role in global sustainability efforts and in innovating advanced solutions for clean energy, the Ministry said in a statement.
It aligns with Saudi Arabia’s ambition to become a key producer and exporter of clean hydrogen, and to achieve greenhouse gases (GHGs) net-zero through the circular carbon economy approach by 2060, or before depending on technology maturity and availability, the statement added.
Saudi Arabia’s involvement in IPHE underscores its commitment to international cooperation as a cornerstone for attaining a more sustainable energy future.
The move also supports the objectives of the “Saudi Green Initiative” and “Middle East Green Initiative,” which focus on reducing carbon emissions and stimulating global demand for clean hydrogen, according to the statement.
"It also aims to contribute to the development and harmonization of regulations and standards that bolster the clean hydrogen economy,” it added.
IPHE serves as a crucial platform for fostering collaboration among member states to expedite the advancement and deployment of hydrogen and fuel cell technologies.
The partnership is dedicated to exchanging knowledge, supporting relevant research and technologies, and raising awareness about the importance of clean hydrogen in achieving sustainable development.
In this spirit, Saudi Arabia actively participates in numerous international organizations and initiatives linked to the production of clean and low-emission fuels, including the Innovation Mission Initiative, the Clean Energy Ministerial Meeting, the Zero Neutrality Forum for Producers, the Global Methane Initiative, and other related efforts.