United Arab Emirates

 

Aster DM GCC sale nearly complete

The sale of the GCC division of Dubai-based listed hospital and pharmacy chain Aster DM, for just over $1bn, is nearly complete.

Burjeel Holdings to triple PhysioTherabia network in Saudi Arabia

UAE-based specialty private healthcare services provider Burjeel Holdings is tripling the number of PhysioTherabia centres it operates in Saudi Arabia, as part of the company’s commitment to providing advanced physiotherapy services in the country.

PureHealth continues investment streak

UAE-based healthcare group PureHealth has acquired a 25% stake in Sheik Shakhbout Medical City (SSMC), continuing its streak of recent expansions.

PureHealth completes on Circle

UAE-based healthcare conglomerate PureHealth has completed its takeover of UK hospital group Circle Health. It acquired the asset in August for $1.2bn.

Interview: Kelly Hudson, Chief Strategy Officer, Lilli

The opportunities afforded by advances in technology to assist with caring for the elderly are huge, but much of the focus remains on reactive tools. HBI speaks to Kelly Hudson, chief strategy officer of UK remote technology company Lilli to hear why the focus needs to be more on proactive solutions.

What’s next for Aster DM?

A GCC expert tells HBI the next step for Aster DM’s GCC division is to expand in Saudi Arabia – but not how you might expect!

Aster DM sells majority stake in Gulf business for $1bn

Dubai-based listed hospital and pharmacy chain Aster DM is selling a majority 65% stake in its Gulf business for a shade over $1bn to a consortium led by PE investor Fajr Capital. HBI investigates the thinking behind the deal, what this means for the group's expansion plans, and looks at the future of the GCC market generally with the help of expert commentary. 

PureHealth set to IPO

UAE-based healthcare provider PureHealth looks set to IPO in the coming months, with multiple sources suggesting it will list on the Abu Dhabi Securities Exchange.

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