Investment of EUR125m to boost ‘smart clinics’ in the UAE, wider region

The global investment platform, Investopia announced the launch of ‘Smart Clinics’ in the UAE and the wider Middle East region, following a partnership agreement with the Italian GKSD Investment Holding Group and Gruppo San Donato, a private hospital group in Italy, state news agency WAM reported.

The MoU was signed during the recent Investopia 2023 Conference, with the Italian companies announcing that they were investing over EUR125m in new projects in the UAE and the region, including university infrastructure and smart clinics.

The new concept is focused on improving life quality and establishing wellness pathways, with technology and precision healthcare being key components of the initiative.

Main area of focus

According to WAM, Abdulla Al Saleh, Undersecretary at the Ministry of Economy, commented: “The main objective of Investopia platform is to create a global system for investment in new economies, like the healthcare technology sector. We are pleased to witness the launch of smart clinics in the UAE during the Investopia 2023 conference in collaboration with GKSD Investment Holding and Gruppo San Donato.”

Kamel Ghribi, president of GKSD Investment Holding, said: “The contribution of the UAE in promoting economic development, through the Investopia platform, is commendable. Investopia aims to drive global investments in new economic sectors, including healthcare.

“We are very proud of our strong capabilities in healthcare management and services including acute care treatment, medical education, scientific research in the field of gene and cellular therapies worldwide, as well as the recent strides made in the development of precision medicine, aided by artificial intelligence. We remain focused on expanding cooperation in the MENA region, sharing our GKSD expertise.”

Paolo Rotelli, president – Vita-Salute San Raffaele University and Vice President of Gruppo San Donato, said: “The development of precision Medicine is supported by the advancement in gene therapy and editing as well as innovation in technology. Development in these area’s will certainly improve the quality of life. At GKSD and Gruppo San Donato, our focus is to provide for a healthcare infrastructure and expertise that aims to improve life quality by focusing on ‘wellness pathways’.

“We are proud of our scientists and research team that has a number of ongoing research programs underway at our labs in Italy including regeneration of the brain. We are also working on artificial intelligence supported diagnostic programs that lead to a number of benefits.”

Highlights of the Abu Dhabi conference in March

Technology in the healthcare is one of the main targeted sectors by the platform. Its annual conference in March hosted a session about innovations in precision healthcare in which entrepreneurs, academics and executives discussed the next frontier of innovation in life sciences.

The session also highlighted the role of the bioeconomy, considered one of the most prominent sectors in the new economies.

Bioeconomy includes all economic fields based on research and scientific activities aimed at understanding the mechanism and processes of genes and molecules.

The conference included 35 sessions and roundtables, bringing together more than 2,000 participants such as investors, government officials, thought leaders and entrepreneurs, from more than 40 countries.

Investopia conference in Europe

In other news, Investopia, will hold its next event titled ‘Investopia Europe’ on May 19, in Milan.

The event will bring together prominent companies from Italy and across Europe to explore investment opportunities in the sectors of the new economy.

The event, which is among the key outcomes of the conference in March, is being organised in partnership with Milan-based EFG Consulting, a company specialised in strategic and operational marketing and internationalisation strategies.

? Announcing Investopia Europe: Milan, Italy ??

Following the successful annual conference in Abu Dhabi, Investopia’s first global event in 2023 takes place in Italy’s financial and business capital, Milan. pic.twitter.com/pceTxBy21b

— Investopia (@investopia_ae) March 21, 2023

The partnership was signed during Investopia 2023 conference.

In other news, the investment platform announced a new partnership by signing a Memorandum of Understanding (MoU) with the Emirates Development Bank.

The partnership will see both entities leverage their core capabilities to drive economic growth, diversification and industrial transformation in the new economies, in their capacities, as a leading financial institution and as a global thought leadership and investment platform connecting opportunity with capital, respectively.

Read: UAE’s Investopia signs partnership with Emirates Development Bank