Wesam Medical and McLaren Health Care to bring new hematology & oncology hospital to Riyadh

Wesam Medical and McLaren Health Care to bring new hematology & oncology hospital to Riyadh
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Updated 03 November 2025
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Wesam Medical and McLaren Health Care to bring new hematology & oncology hospital to Riyadh

Wesam Medical and McLaren Health Care to bring new hematology & oncology hospital to Riyadh

Wesam Medical Holding, a Saudi healthcare investment company, has announced the signing of a strategic MoU with McLaren Health Care, one of the largest healthcare systems in the state of Michigan, US, and operator of the Karmanos Cancer Institute, to establish a specialized hematology and oncology hospital in Riyadh.

Under the terms of the MoU, Wesam Medical Holding will oversee all legal, regulatory, and local market operations, while McLaren Health Care will be responsible for clinical, operational, and technical components, including hospital design and construction.

This partnership marks a significant milestone in Saudi Arabia’s healthcare sector, representing McLaren’s entry into the Kingdom to provide comprehensive, integrated services for hematology and oncology patients. The collaboration will extend the reach of the system’s renowned Karmanos Cancer Institute, designated by the US National Cancer Institute as a Comprehensive Cancer Center.

The MoU was signed by Fahad Ibrahim Al-Khalaf, chairman of Wesam Medical Holding Company, and Dr. Barton Buxton, president and chief executive of McLaren Health Management Group, a subsidiary of McLaren Health Care. The partnership aims to transform oncology services in the Kingdom, aligning with the objectives of the Healthcare Sector Transformation Program.

The hospital represents the first standalone private comprehensive cancer center in the Kingdom, delivering fully integrated services across hematology and oncology disciplines. It provides high-quality care through Saudi consultants and a multidisciplinary team of highly qualified professionals.

The partnership with McLaren Health Care reflects a shared vision to advance clinical excellence, adopt state-of-the-art technologies, and apply internationally recognized best practices in cancer care and precision medicine.

Al-Khalaf said: “This partnership represents an important milestone in realizing our investment vision, which focuses on long-term strategic ventures that add sustainable value to the Kingdom’s healthcare sector. Following the completion of the feasibility study for the hematology and oncology hospital, we are pleased to launch this ambitious project in collaboration with McLaren Health Care, a system recognized globally for its excellence in oncology. Together, we will integrate our local expertise with McLaren’s clinical and technical capabilities to deliver specialized healthcare services of the highest international standards.”

Dr. Buxton said: “Our collaboration with Wesam Medical Holding marks a significant step in McLaren Health Care’s global strategy. Through this partnership, we aim to extend our mission of delivering value-based healthcare through clinical excellence and cost efficiency beyond the US. Wesam Medical’s deep understanding of the Saudi healthcare landscape makes it an ideal partner. Together, we will integrate Karmanos Cancer Institute’s world-class oncology standards into the Kingdom’s healthcare system, beginning with Riyadh.”

Prior to signing this memorandum, Wesam Medical conducted a detailed feasibility study for the establishment of the hospital in collaboration with a specialized healthcare consulting firm.

The hospital’s key strategic objectives and pillars include:

  1. Meeting the rising demand for specialized oncology services: Addressing the growing need for high-quality hematology and oncology care through the private sector, reducing the burden on government-run referral hospitals, and ensuring access to world-class care within the Kingdom.
  2. Leveraging McLaren’s expertise: Bringing the clinical and operational excellence of McLaren Health Care and its subsidiary, the Karmanos Cancer Institute, one of the leading oncology and research institutions in the US, to strengthen clinical research and national disease registries in Saudi Arabia.
  3. Enhancing national workforce efficiency: Providing advanced training and professional development for Saudi physicians, nurses, and administrative personnel through knowledge transfer from McLaren and Karmanos experts, thereby improving the overall quality of healthcare services in the Kingdom.
  4. Transferring American knowledge and technology: Ensuring the delivery of diagnostic and therapeutic services that meet the highest international standards and align with the Kingdom’s vision for medical innovation and sustainability.

 


Refad Real Estate Investment & Development launches Miraf District in Alkhobar

Refad Real Estate Investment & Development launches Miraf District in Alkhobar
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Refad Real Estate Investment & Development launches Miraf District in Alkhobar

Refad Real Estate Investment & Development launches Miraf District in Alkhobar

Refad Real Estate Investment and Development, a subsidiary of Al-Qahtani Holding Group, has announced the official launch of “Miraf District” in Alkhobar. The project introduces a first-of-its-kind mixed-use destination in the Eastern Province, combining residential, commercial, hospitality, and leisure experiences within a single integrated environment. It forms part of Refad’s ongoing development program aligned with Saudi Vision 2030, reflecting the company’s commitment to innovation, sustainability, and quality of life.

Developed on a 42,000-square-meter site and a construction area of approximately 200,000 square meters, along King Faisal Road overlooking downtown Alkhobar, Miraf District consists of four main components: MirafResidences, two residential towers offering 152 units and lifestyle facilities with direct access to the plaza; the Business Tower, an 18-story office building with panoramic views and over 20,000 square meters of leasable space; The Plaza, a vibrant retail and entertainment hub featuring restaurants, cafés, clinics, and recreational spaces; and Hotel Indigo, managed by IHG Hotels and Resorts, providing 240 hotel units that blend local character with international standards.

The project is being develped in partnership with several leading global firms. Gensler is responsible for the master design, bringing its expertise in creating urban destinations that combine creativity with functionality. JLL, with over 200 years of experience in real estate and advisory services, oversees leasing strategies to ensure optimal tenant mix and market value. Colliers provides financial and analytical consultancy through feasibility studies that support the project’s long-term sustainability.

Abdulhadi Al-Qahtani, managing director of Refad, said: “Miraf District reflects our commitment to Vision 2030 and our belief that true urban development begins and ends with people. Through this project, we aim to create a vibrant community that enhances quality of life and supports economic growth.”

Khalid Al-Mubarak, chief development officer, added: “We have worked with global partners to ensure the project meets the highest standards in design, planning, and execution, reinforcing Alkhobar’s position as a leading destination for living, investment, and tourism.”

Reflecting Refad’s vision of human-centered urban development, Miraf District places people at the core of its design, offering an integrated environment that meets daily needs, fosters community, and supports a balanced lifestyle. The project adds a distinctive and inspiring dimension to the Eastern Province’s urban landscape, aligning with the Kingdom’s vision for sustainable growth and quality of life.