Qatar

 

FREE BLOG Assaults and false promises – the reality of life in Qatar

Gulf states are rapidly trying to improve their healthcare infrastructure to cope with the rise in population, wealth, age, and non-communicable diseases. Saudi Arabia, Dubai, Abu Dhabi and Qatar have all introduced mandatory health insurance and are opening up to foreign investment in healthcare. But, to what avail? On a recent flight from Doha to […]

NMC pays nearly $1.8m per bed for ProVita

NMC Health, the UAE’s second largest hospital and outpatient group, has acquired ventilator-dependent, long-term care group ProVita for an enterprise value (EV) of $160.6m in cash. With ProVita currently only having 90 beds, this deal values each bed at close to $1.8m, emphasising the shortage and demand for long-term care in the region.

Report: Europe’s booming spa business stays out of hot water

The spa industry is changing. Once exclusively for the wealthy, spas are becoming more accessible and more in demand. Remote luxury locations where people can escape to relax and take in the healing powers of massage and natural baths is still the favoured model. But, there is a push throughout Europe to bring the spa experience closer to home. A new trend of urban spas or locations within 20- 40 mile of cities is just one of the trends. Payors across Europe are starting to gain interest, but to what extent? Healthcare Europa’s Lee Murray takes a look at this expanding $29.8bn (€27.1bn) market, according to figures from research group SRI International.

Report: UAE survey: Statutory insurance sees market rocket

Healthcare consumption is rocketing in the United Arab Emirates thanks in part to the phased introduction of Mandatory Health Insurance (MHI) and underpinned by its rising population and income levels. Healthcare Business International journalist Lee Murray investigates.

Qatar gives greenlight to two new private hospitals

A Memorandum of Understanding (MoU) has been signed between Delhi-based Medanta Medicity and Qatari company Humanis Group to open a 500-bed multispecialty hospital, at an estimated $250m. Dr. Naresh Trehan, managing director of Medanta Medicity, says India has a lot to offer the Gulf state.

Report: The investor landscape in the Emerging Markets

Here we name and categorise the major investors in private healthcare services in the Developing World and get their view on the opportunities and problems they face. Developing World healthcare services have suddenly become wildly popular. New listed investment vehicles, such as GCC-based Amanat and Asian Healthcare Group in Malaysia have raised hundreds of millions of dollars with the promise of investing in healthcare services. Meanwhile, established private equity houses are launching funds worth up to $1bn and large healthcare services operators from Indonesia to Egypt are carrying out heavily oversubscribed IPOs on very high multiples.

Qatar’s Al Ahli plans expansion

Listed-Qatari hospital group Medicare Group’s subsidiary Al Ahli Hospitals has announced plans to open a polyclinic in Al Wakra, south-east Qatar. This is its first expansion outside of the main Doha hospital.

UAE’s NMC raises $825m for international expansion and debt

UAE private operator NMC Health is raising $825m with over half going to fund its international expansion. The London-listed group has reportedly been given commitments from banks for the war chest, including a $475m fund that will go towards acquisitions. The remaining $350m will be spent on refinancing NMC’s debt.

SENAD buys Acquired Brain Injuries specialists Next Generation Healthcare

Secretive SENAD, a British operator specialising in providing support for children with learning difficulties and challenging behavior is to buy Next Generation Healthcare (NGH), which provides rehabilitation support for people with acquired brain injuries and learning disabilities, for an undisclosed amount.

Find Us