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Saudi Arabia

 

The pace of Saudi reform and outsourcing

Talk of an explosion in private sector opportunities in developing the Saudi health sector abound and are getting active attention from Houston to New Delhi. 

Interview: Shamsheer Vayalil, CEO, VPS Healthcare

VPS Healthcare, the GCC/Indian hospital and generic drugs group, with 2017 sales of about $1bn, plans to IPO within 2-3 years. Meanwhile, it wants to invest $150m in Indian hospitals. VPS founder 40 year-old Dr Shamsheer Vayalil, has also just launched a private equity fund Trovant Capital which has made its first investment buying a hunk of Amanat, a GCC fund which is investing (rather slowly) in healthcare and education. We caught up with him in London.

Laureate sells off private universities in Europe

Laureate Education Inc, the NASDAQ listed private university chain, has agreed to sell for-profit European University Cyprus (EUC), which has a medical school and the only accredited dentistry program in Cyprus. We hear other European assets may follow.

For-profit medical education – a survey

Public sector education is failing to build the nursing and doctor capacity that is needed around the world.  We talk to academic Kevin Kinser at PennState University in the USA who specialises in tracking the for-profit tertiary education sector about the sector in general and about healthcare specifically.  This is part of a series of articles on medical training and the private sector. 

NMC Health goes on spending spree in Saudi Arabia

UAE-based NMC Health is expanding in Saudi Arabia with two hospital acquisitions and two recently-approved greenfield developments. We speak to the company about these acquisitions and future expansion plans.

Can you build a business on educating doctors and nurses?

Can you make a successful business educating doctors and nurses? You can if the growth of the world’s largest higher education network, Laureate, is anything to go by. Healthcare Nova catches up with Dr. Francisco Gutierrez, senior vice president of medicine and health sciences.

NMC H1 results sees share price soar to record level

UAE-based hospital chain and distribution specialists NMC posted strong results for H1 2017, with net profit up 39%, as soaring sales and successful acquisitions sent the share price to an all-time high.

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