Saudi Arabia

 

Aster DM GCC sale completed

The sale of the GCC division of healthcare conglomerate Aster DM has been completed for approximately $1bn.
April 5, 2024

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.
March 21, 2024

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.
March 8, 2024

Dallah Health eyeing strategic expansion in Saudi Arabia

Listed Saudi hospital group Dallah Health is eyeing strategic expansion in Saudi Arabia as part of its dual aims of becoming the leading healthcare provider in the Kingdom and helping to position the country as a leading medical tourism destination. Its strategic expansion is part of its efforts to support the national Vision 2030.
March 1, 2024

Pakistani workers targeted by Saudi hospital groups

Recent reports have suggested that Saudi Arabian healthcare groups are increasingly uninterested in hiring foreign workers due to the policy of Saudization, but HBI hears this is not always the case, with two major hospital groups looking to increase their Pakistani workforces.
January 5, 2024

Interview: Misbah Uddin, how to take advantage of Saudi’s PPP push

A 200-strong pipeline of public-private partnership projects is a mouth-watering prospect, especially in a Saudi market undergoing an unprecedented healthcare revolution. How can investors make the most of this? Misbah Uddin, managing director at Ankura Consulting Group, tells all.
December 14, 2023

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!
December 8, 2023

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. 
December 1, 2023
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