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Saudi draft PPP law released

The Saudi Arabian government has released its draft PPP law. We look through the 50-page document which covers foreign ownership, labour laws and real estate, and speak to Colliers International's head of healthcare in MENA who tells us as far as the last of these is concerned, there is a pleasant surprise.

Interview: Erik Koornneef, head of AI at Cognit

Healthcare Nova speaks to Erik Koornneef, UAE-Based head of Watson Health at Cognit Technology Solutions, an AI solutions provider established as JV between Mubadala and IBM Watson with the aim to enable the adoption of artificial intelligence in the MENA region.

Saudi PPP law could be delayed by ARAMCO IPO

Healthcare Nova hears that the much-discussed legal framework around private-public-partnerships in Saudi Arabia could be delayed until after state oil giant ARAMCO has gone public.

NMC signs JV with Saudi state-owned investor

London-listed GCC operator NMC Healthcare has signed a joint venture with the investment arm of Saudi Arabia's private sector pension fund in an all-equity deal. We talk to local contacts and NMC about what both sides are looking to get out of this.

Diaverum and Davita may lose massive Saudi contracts

The Saudi government is looking for cheap alternatives to current providers or a renegotiation of terms on its massive outsourced dialysis contracts worth half a billion dollars when they come up for renewal in 2019, Healthcare Nova has learnt. Other operators claim it could be done 20-25% cheaper than current costs.

The problems with investing in MENA

The biggest problem with investing in healthcare in MENA isn’t returning capital – it’s raising it in the first place. But it's not the only problem. Dr Helmut Scheuhsler, chairman and managing partner for TVM Capital in Dubai and Munich, shared his thoughts about at HBI 2018.

NMC growth makes it a FTSE 100 one to watch

London-listed Middle Eastern healthcare group NMC Health saw impressive 31% revenue growth – half organic - and 43% EBITDA growth in 2017. Net profit, margin and EPS are also up, and the healthcare segment has outperformed distribution significantly.

Interview: Abhishek Sharma, CEO, Foundation Holdings

The man who helped turn Al Noor into a US$1bn company is building what he claims is the first major value healthcare platform in the UAE focused on serving the working class. Healthcare Nova chats to Abhishek Sharma, CEO of Foundation Holdings which has just launched Right Health with a view to IPO by 2021.