Nonprofit organization in Riyadh funnels billions into extending healthy human lifespan

Dr. Mehmood Khan, Hevolution Foundation CEO
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Dr. Mehmood Khan, Hevolution Foundation CEO
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Updated 25 June 2024
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Nonprofit organization in Riyadh funnels billions into extending healthy human lifespan

Dr. Mehmood Khan, Hevolution Foundation CEO
  • Foundation works to address the underlying causes of aging

RIYADH: Hevolution Foundation is funding research and early-stage investments to catalyze advances in extending healthy human lifespan while understanding the processes of aging.

Boasting over SR1.5 billion ($400 million) in research grants and early-stage biotech investments, the Riyadh-based global nonprofit organization is a philanthropic funder of geroscience, an area of research dedicated to advancing global human healthspan.

Hevolution Foundation is working to address the underlying causes of aging to help prevent the onset of age-related diseases.

The organization says that while the average lifespan in Saudi Arabia is about 74 years, the average healthspan is 64 — indicating a decade-long gap between life expectancy and healthy life expectancy — and many are living the final years of their lives in poor health.

Geroscience and healthspan science are critically underfunded, which is why Hevolution is stepping up to bridge this gap.

Dr. Mehmood Khan, Hevolution Foundation CEO

CEO Dr. Mehmood Khan said: “Geroscience and healthspan science are critically underfunded, which is why Hevolution is stepping up to bridge this gap.

“Hevolution is proud to be the world’s largest philanthropic funder of geroscience and, following the success of our first Global Health Summit in 2023 and the next summit planned for February 2025, we look forward to continuing the shift from lifespan to healthspan.”

Grant recipients include King Faisal Specialist Hospital and Research Centre, King Abdullah International Medical Research Center, and King Abdullah University of Science and Technology, as well as global institutions including Buck Institute, Northwestern University, Albert Einstein College of Medicine, Harvard University, and Massachusetts Institute of Technology.

Dr. Haya bint Khaled, the vice president of research at Hevolution Foundation, said: “With the Kingdom’s National Biotechnology Strategy — which Hevolution made vital inputs into — Saudi Arabia is innovating in health.

“Saudi Arabia is at a perfect moment in time to outpace future demographic challenges by investing in healthy longevity now, and to lead the world in addressing age-related diseases for the benefit of all humanity.”

Hevolution aims to increase the number of safe and effective treatments entering the market; compress the timeline of drug development using the latest tools and technologies; and increase accessibility to healthspan therapeutics for all.

Leveraging its annual budget of up to SR4 billion, Hevolution is committed to increasing the number of geroscience researchers globally, expanding the number of companies working in the field and attracting funding to this vital area of science.

This includes commitment to a SR10.1 million two-year grant program to create the first cohort of researchers from King Faisal Specialist Hospital and Research Centre, King Abdullah International Medical Research Center, King Abdullah University of Science and Technology, and other prestigious institutions, to explore areas such as the microbiome, aging biomarkers and senescence.

A SR18 million fund will support up to 15 postdoctoral fellowships to advance the careers of early-stage scientists in Saudi Arabia and the GCC (Gulf Cooperation Council) region.

A grant of SR75.7 million over five years will support Albert Einstein College of Medicine in New York, focused on senescence and aging, led by Dr. Ana Maria Cuervo, a leader in the aging field and member of the National Academy of Sciences.

The organization’s other commitments include SR121 million provided over five years to Northwestern University in Illinois, led by Dr. Richard Morimoto, with research focused on defining healthy proteostasis and maintaining proteostasis in a robust, resilient state.

Established in 2018 by royal order, Hevolution is headquartered in Riyadh with a North American hub in Boston, and plans to expand to other global locations.

 


Saudi women lead conversation on leadership, investment and cultural power at Fortune summit

Saudi women lead conversation on leadership, investment and cultural power at Fortune summit
Updated 21 May 2025
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Saudi women lead conversation on leadership, investment and cultural power at Fortune summit

Saudi women lead conversation on leadership, investment and cultural power at Fortune summit
  • Speaking exclusively to Arab News at the event, Princess Noura bint Faisal talks of her role in nation’s cultural development: ‘I saw an opportunity to build something meaningful’
  • The concluding day of the summit featured a strong focus on entrepreneurship, economic diversification and sectoral transformation

RIYADH: The influence Saudi women increasingly are having on global culture, policies, investment and innovation was in the spotlight on Wednesday during the second and final day of the Fortune Most Powerful Women International Summit in Riyadh.

In an exclusive interview with Arab News, Princess Noura bint Faisal reflected on her own unexpected path to cultural leadership, the strategic value of soft power, and the expanding economic role of the creative sector in the Kingdom.

“I never thought I would be in the creative world,” she said. “But when I moved back to Saudi after Vision 2030 launched, I saw an opportunity to build something meaningful.”

Her journey since then has included the launch of Saudi Fashion Week in 2018 and helping to establish the Fashion Commission at the Ministry of Culture.

“We created infrastructure that didn’t exist: new jobs, policies and real career paths for people with creative talent,” Princess Noura said.

Princess Noura emphasized the important need to integrate culture across all industries, from retail and the food and beverage sector to sports and corporate strategy: “Culture isn’t a fixed definition. It’s how you express your identity and it can absolutely be monetized if it’s supported by the right business model.”

The concluding day of the summit featured a strong focus on entrepreneurship, economic diversification and sectoral transformation.

Noor Sweid, founder and managing partner of Global Ventures, offered insights into her company’s regional approach to tech investment. Rather than sticking to fixed sectors, she said it backs sectors that have long been “underbuilt,” including financial technology in 2018, healthcare in 2020 and, more recently, manufacturing.

One standout example of this approach, she said, is a company that digitizes spare-part inventories for oil and gas businesses using 3D printing, thereby resolving supply-chain gaps and sustainability challenges in real time.

Her comments were complemented by insights from Aidan Madigan-Curtis, general partner at Eclipse Ventures, who discussed the ways in which geopolitical shocks and climate pressures are forcing venture capitalists to refocus on industrial technology.

“VCs like to say they’re long-term but they’re also deeply cyclical,” she noted, arguing that the future lies in reinventing the ways in which the world makes, moves and powers things, taking into account developments such as automation and advanced manufacturing.

Cultural transformation through sport was a major theme during a panel moderated by Lama Alhamawi of Arab News, titled “New Heights.” Adwa Al-Arifi, the Saudi assistant minister for sports affairs, said that since the launch of Vision 2030 in 2016, physical activity among Saudis has increased from just 13 percent to more than 50 percent.

The Kingdom’s National Sports Strategy focuses on mass participation, youth development and elite performance, three pillars that have already led to the achievement of some historic milestones in women’s sports, such as the qualification of taekwondo athlete Dunya Abutaleb for the 2024 Olympic Games in Paris.

Several women shared their personal journeys in sports. Zamzam Al-Hammadi, who competes in the mixed martial arts Professional Fighters League, credited her mother for inspiring her career. Boxing expert Rasha Al-Khamis told how early support from her father gave her the confidence to pursue combat sports.

Mashael Al-Obaidan said Saudi Arabia’s desert culture sparked her love of motorsports. Aalia Al-Rasheed, head of women’s football at the Saudi Arabian Football Federation, spoke about the explosive growth in grassroots programs for the sport and revealed that more than 70,000 girls now play in school leagues.

Other sessions explored the economic and creative value of the fashion industry. During one on-stage discussion, Princess Noura reflected on what she considered one of the most notable outcomes of recent reforms in the country, the formal recognition of creative professionals.

“Before Vision 2030, designers weren’t even able to register their own commercial licenses,” she said. “There was no such thing as a fashion business. Today, designers can register as fashion professionals, operate legally and access support structures that didn’t exist before.”

This shift is emblematic of Saudi Arabia’s broader cultural transformation, in which creativity is no longer only a passion but also a viable and valued career path, she added.

The day’s sessions together highlighted the expanding leadership roles of Saudi women across diverse sectors and the determination of authorities in the Kingdom to turn strategic pillars such as culture, investment, sport and technology into economic engines.


Saudi Arabia ‘strongly condemns’ Israel shooting toward diplomatic delegation

Saudi Arabia ‘strongly condemns’ Israel shooting toward diplomatic delegation
Updated 22 May 2025
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Saudi Arabia ‘strongly condemns’ Israel shooting toward diplomatic delegation

Saudi Arabia ‘strongly condemns’ Israel shooting toward diplomatic delegation
  • Officials from Europe, Turkiye and Egypt scurry for cover as shots are fired toward them in the West Bank; no one is injured
  • Kingdom’s Foreign Ministry urges international community to act to halt Israeli violations in occupied Palestinian territories

RIYADH: Saudi authorities condemned “in the strongest terms” an incident on Wednesday in which Israeli soldiers fired toward a diplomatic delegation visiting the occupied West Bank.

The Kingdom called on the international community, in particular the permanent members of the UN Security Council (the US, the UK, Russia, France and China), to “immediately stop Israeli violations against civilians, diplomatic missions and relief organizations operating in the occupied Palestinian territories.”

Saudi Arabia demands Israel be held accountable under international law for its ongoing crimes during the occupation, the ministry added.

The delegation visiting the West Bank, which included diplomats from Europe, Turkiye and Egypt, was near Jenin when shots were fired by nearby Israeli soldiers, sending the officials scurrying for cover. There were no injuries.

The Palestinian Foreign Ministry said Israel “deliberately targeted, by live fire, an accredited diplomatic delegation.”

The incident sparked an angry response in Europe, where a number of governments condemned the shooting. Italy, France and Sweden were among those who summoned Israeli ambassadors.

The Israeli military said the visitors had “deviated from the approved route” and the soldiers fired warning shots to keep the delegation away from an unauthorized area.

Israel has been conducting a major military operation in Jenin and surrounding areas since January.


Polish pianist brings Europe’s musical soul to Saudi Arabia’s capital

Polish pianist brings Europe’s musical soul to Saudi Arabia’s capital
Updated 21 May 2025
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Polish pianist brings Europe’s musical soul to Saudi Arabia’s capital

Polish pianist brings Europe’s musical soul to Saudi Arabia’s capital

RIYADH: As part of the cultural dialogue between the EU and Saudi Arabia, the embassy of the EU in the Kingdom organized a musical evening at the Saudi Music Hub in Riyadh.

Speaking at “The European Piano Recital,” the EU ambassador said: “Saudi Arabia is a close ally with whom we enjoy close relations. My only wish is that music will serve to build bridges and bring our artists and our peoples closer together.”

During the recital, Polist vituoso pianist Wojciech Waleczek took the audience on a journey through the 27 countries of the EU, performing classical works that highlight the continent’s cultural diversity.

The pianist is renowned internationally for his artistic excellence and his commitment to spreading classical music throughout the world. He is also professor of musical arts at the University of Silesia in Katowice.

Waleczek told Arab News: “These were works by composers from all the countries of the European Union. We asked composers from each EU country to write a piece, which we presented this evening.

“I think this is a very important event, because we can exchange our cultures. For example, in Europe we can listen to music from other continents. Just as in Europe, we can listen to music from other continents. So we can bring European culture to other countries. That’s why I do it. I’ve discovered Polish culture and now I’d like to share it with Saudi audiences.”

Waleczek has a very active international career. He performs solo recitals, chamber music and as a soloist with orchestras in more than 40 countries, notably in Europe, the Middle East, America and Asia, and collaborates with many prestigious orchestras.

He closed his recital with a performance of Schiller’s poem “Ode to Joy,” which expresses an idealistic vision of human brotherhood, a vision shared by Beethoven. In 1972, the Council of Europe adopted the theme of Beethoven’s “Ode to Joy” as its anthem, and in 1985 the leaders of the EU adopted it as their official anthem.

Waleczek said: “I played the ‘Ode to Joy,’ which is the anthem of the European Union, and this piece is very special. I think that, in today’s world, we must always remember that we are the guardians of peace.”

A specialist in the repertoire of Franz Liszt, his recordings include “Grandes etudes de Paganini” (2017), “Harmonies poetiques et religieuses” in 2019, and “Weihnachtsbaum” in 2024. He also performs works by Franz Schubert, such as “Rarities and Short Piano Works” in 2021.

Alongside his artistic career, he teaches at the Institute of Musical Arts at the University of Silesia. He is also vice president of the SIGNUM association, which promotes classical music in Poland and abroad.

The recital concert is part of efforts to strengthen cultural links between Europe and Saudi Arabia and accompanies the Kingdom’s artistic and cultural transformation under Vision 2030.


Festival of fun: Riyadh expo highlights best in entertainment technology

Festival of fun: Riyadh expo highlights best in entertainment technology
Updated 21 May 2025
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Festival of fun: Riyadh expo highlights best in entertainment technology

Festival of fun: Riyadh expo highlights best in entertainment technology
  • Saudi Entertainment and Amusement Expo set to welcome 12,000 visitors over 3 days
  • Hologram zoo, inflatable monsters among attractions on show

Some of the weirdest and most wonderful innovations are on show at this year’s Saudi Entertainment and Amusement Expo in Riyadh.

With 350 exhibitors plus talks and discussions with industry leaders from around the world, the three-day event opened on Tuesday and is expected to attract about 12,000 visitors.

Among the products on show is a hologram zoo designed by Australian company Axiom Holographics, which was featured in Time magazine’s list of technologies of the year for 2023.

Brendan Hodgkins, global sales manager, said: “We package a full suite of hologram equipment that can be integrated into family entertainment centers, theme parks or shopping malls.

“During our trials, we attracted 25,000 people in just 42 days, generating over $550,000 in revenue.”

He said that the company had already sold more than 40 of its “zoos” around the world and was keen to expand into the Saudi market.

“We’re eager to bring this innovation to Saudi Arabia to help shape the future of entertainment in the Kingdom.”

Another of the exhibits on show, and possibly the largest, is a 20-meter tall inflatable ogre, designed and built by Anka Inflatable Co. from Guangzhou in southern China.

A representative of the company, who gave his name only as John, said the product was ideal for larger venues, like amusement parks.

While the purple monster attracted plenty of visitors at the show, the technology can be adapted to suit the end-user’s needs, John said.

“(It) can be customized in many shapes and the skin can be changed after one, two, or three years. It’s also collapsible and easy to transport,” he said.

Anka was also keen to increase its profile in the region, he said.

“Many of my friends have built successful companies here. The relationship between China and Saudi Arabia is strong and this is a very good market for us.”

Besides the products on show, the expo is also being used to attract new people into the industry, with the Saudi Entertainment Academy promoting a series of training programs with links to future career opportunities.

“Our vision is to focus on professional training through diploma programs,” Sultan bin Jumaiah, a sales specialist with the academy, said.

“We aim to provide professional candidates for companies looking to hire. After completing our diploma, students will have the opportunity to join various companies in this sector.”

The initiative aligns with Saudi Vision 2030, which seeks to diversify the economy and create new job opportunities for Saudi citizens.


New program backs 20 AI startups in Saudi Arabia

New program backs 20 AI startups in Saudi Arabia
Updated 21 May 2025
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New program backs 20 AI startups in Saudi Arabia

New program backs 20 AI startups in Saudi Arabia

RIYADH: The Ministry of Communications and Information Technology has launched a specialized incubator to support the growth of artificial intelligence startups, the Saudi Press Agency reported on Wednesday.

This initiative by the ministry’s Center of Digital Entrepreneurship strengthens the Kingdom’s position as a regional innovation hub and reinforces AI’s role as a key driver of digital economic growth.

The program includes 20 AI startups, empowering innovators to turn ideas into viable tech solutions, according to SPA.

The four-month program targets tech enthusiasts, experts, and industry leaders.

It offers training, financial support from the National Technology Development Program, mentorship, digital incentives, networking opportunities, and office space.

In collaboration with the Saudi Data and AI Authority, the Saudi Company for Artificial Intelligence, SambaNova, and BIM Ventures, the program fosters a supportive environment for innovation and entrepreneurship.