Lubna Olayan Co-Chairs Saudi-US CEO Forum; Presents New Select Medical JV
Lubna Olayan, a director of The Olayan Group and CEO of Olayan Financing Company, served as co-chair of the inaugural Saudi-US CEO Forum.
Coinciding with US President Donald Trump’s first official visit to Saudi Arabia, the forum featured the signing of dozens of agreements between US companies and the Kingdom. The organizers hope to make the forum an annual event, to boost bilateral trade and investment between Saudi Arabia and the United States.
Ms. Olayan also took part in a signing ceremony for a joint venture with Select Medical, a new American partner for The Olayan Group. Select Medical is a NYSE-listed company that operates hospitals for long-term acute care and outpatient centers for rehabilitation across the US.
The partnership with the Group will develop three hospitals in the Kingdom and operate other hospitals in the wider Middle East.
The venture will expand The Olayan Group’s long involvement in the Saudi health care sector, which includes these other American partners: Baxter, BD, Halyard, Edwards LifeSciences, Johnson & Johnson, Orthofix, ScriptPro, Talyst, and Wright.
For more information on the forum, please click here.