Home GCC New Dhs1bn fund targets reshaping UAE health, wellness Announcing the Fund in Dubai at CLP’s new Longevity Hub, the clinic highlighted its GCC growth strategy by Gulf Business November 4, 2024 Professor Stefan Catsicas Swiss wellness giant Clinique La Prairie (CLP) has launched a Dhs1bn Longevity Fund in the UAE as it looks to pioneer innovation in healthspan and lifespan in the region. CLP, which was founded in 1931, invests in transformative health companies that redefine ageing and wellbeing. Its new fund will centre on four pillars: medical care, nutrition, movement, and wellbeing. CEO Simone Gibertoni called this “a new milestone” for CLP’s ecosystem, reinforcing the clinic’s commitment to longevity science. The Fund, he said, is set to become a hub for groundbreaking advancements in ageing, health, and wellness. Professor Stefan Catsicas, a leading biotech expert, will co-chair the investment committee with Gibertoni. Together, they plan to drive investment in practical applications of longevity science, bridging the gap between lab and lifestyle. A scientific advisory board, comprising thought leaders across health, medicine, and venture capital, will support the fund’s management. Catsicas expressed his vision for the initiative: “We aim to drive meaningful change in longevity and enhance human life.” Announcing the Fund in Dubai at CLP’s new Longevity Hub, the clinic highlighted its GCC growth strategy. Located in One&Only One Za’abeel, the Hub offers a unique wellness experience, with personalised health assessments, cutting-edge therapies, and memberships designed for complete wellbeing transformation. Further afield, CLP’s plans include a luxurious health resort on Saudi Arabia’s Red Sea coast, set to open in 2026. Designed as a sustainability-focused sanctuary, the Amaala Health Resort will feature epigenetic stress diagnostics, hyperbaric suites, and cryotherapy facilities, powered by renewable energy. Tags CLP Dubai Investment UAE You might also like How Dubai’s Dhs16bn mega road development plan will ease traffic Insights: Why the UAE is a premier hub for cybersecurity startups UAE’s Julphar divests Zahrat Al Rawdah Pharmacies New Zealand seals trade deal with GCC to boost exports, investment