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Saudi Arabia’s Jada backs $250m healthcare fund

TVM Capital raises $250m for Saudi Arabia healthcare fund

The Afiyah Fund raised the money from a group of Saudi Arabian, GCC and European investors, led by Jada Fund of Funds

Fakeeh Care Group’s $763.4m IPO oversubscribed 119 times

Fakeeh Care Group’s $763.4m IPO oversubscribed 119 times

The pricing of SAR57.5 per share implies a market valuation of around SAR13.3bn at listing

Sha Emirates Island

Sha Emirates by Imkan: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

Aster DM Healthcare

Aster DM Healthcare separates GCC, India business, sells stake to Fajr Capital

It is a major healthcare services provider in the GCC, comprising 15 hospitals, 117 clinics, and 285 pharmacies across the region and three brands

ADQ launches Arcera

Abu Dhabi’s ADQ launches Arcera to boost life sciences sector

Arcera plans to double its revenue within five years through strategic acquisitions and partnerships

Mubadala to acquire Kelix Bio Image WAM

Mubadala to acquire international biopharma firm KELIX bio

KELIX bio, founded in November 2020, has swiftly emerged as a key player in the pharmaceutical industry, offering more products to markets across the Middle East, Africa and Asia

Amanda Bout HR Lead at Abott EPD METAP and CIS on why STEM education is key for women

Advancing STEM education for women is crucial, says Abbott EPD’s Amanda Bout

The HR head – METAP & CIS region – for the global healthcare company shares why it is key to empower women pursuing a career in healthcare and STEM roles

Running on empty: Are you ready for the burnout crisis?

As organisations confront the existential challenge of burnout amidst the perma-crisis of 2024, it is imperative for businesses to prioritise employee well-being

IHC Announces Stellar Preliminary Financial Results for 2023 Image courtesy IHC X

IHC sees 18% revenue jump in 2023, as diversification pays off

Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn

Sheikh Hamdan attends groundbreaking ceremony of the Hamdan Bin Rashid Cancer Hospital, part of @DubaiHealthae the hospital which is set to open in 2026 image courtesy www.hamdan.ae

Dubai breaks ground on landmark cancer hospital

The cancer hospital slated to open in 2026 marks a significant step toward providing advanced and accessible treatment for the disease in the UAE

Aster DM Healthcare

Abu Dhabi imposes Dhs1m fine, closes 8 health centres

The healthcare regulator closed four home care facilities due to their failure to comply with its standards and regulations

NEURALINK

Chips in human brains now a reality: Elon Musk confirms first Neuralink implant

The US Food and Drug Administration had given the company clearance last year to conduct its first trial to test its implant on humans

RPM Response Plus Medical acquires UK-based Prometheus Medical Image RPM

Response Plus Medical acquires UK-based Prometheus Medical

Following the acquisition, Response Plus Medical is pursuing a robust strategy of integrating all aspects of pre-hospital healthcare services under one umbrella

Dean Pollard, General Manager, Bupa Global Middle East and Asia, on supporting healthcare needs of a multi-generational workforce

Insights: Supporting healthcare needs of a multi-generational workforce

For the first time in history, we are seeing up to five different generations co-existing in the same workplace, each bringing a unique set of experiences, skills and perspectives

Saudi Arabia: Middle East Healthcare to issue SAR-denominated sukuk Image: Getty Images

Saudi Arabia: Middle East Healthcare to issue SAR-denominated sukuk

The company, which is listed on Riyadh’s Tadawul exchange and manages Saudi German Hospitals, will use the proceeds for general corporate purposes

PureHealth completes acquisition of circle

PureHealth completes acquisition of UK’s largest private healthcare group

Valued at circa $1.2bn before debt, this acquisition firmly positions PureHealth in the global healthcare ecosystem.

UAEU Covid-19-coronavirus

Newest Covid-19 variant officially detected in Oman

The latest Covid-19 variant, ‘JN.1’, was officially detected in several cases in Oman, but the cases have been mild

Saudi Arabia’s Avalon Pharma plans to triple export

Saudi Arabia’s Avalon Pharma sets eyes on global expansion

The company’s expansion strategy is to refocus efforts in the strategic focus and emerging markets through partnerships with distributors

PureHealth to list on ADX image ADX

Abu Dhabi-based PureHealth announces intention to list on ADX

Subject to obtaining regulatory approvals and other relevant considerations it is expected that trading on ADX will commence in December

UAE President Sheikh Mohamed issues directive to treat 1000 Palestinian cancer patients in UAE hospitals Issues WAM

UAE President issues directive to offer medical care to 1,000 Palestinian cancer patients

The initiative is part of the UAE’s continuing efforts to alleviate the rising humanitarian crisis in Gaza

Dr Wijdan of King Faisal Specialist Hospital & Research on Space medicine

Interview: How KFSH&RC is supporting Saudi Arabia’s space ambitions

King Faisal Specialist Hospital & Research Centre’s Dr Wijdan Alahmadi shares the centre’s work in advancing astronaut safety and biomedical discovery

UAE sends supplies to build field hospital 6 additional aircraft sent as part of GAZA relief efforts Image WAM

UAE Gaza relief: 16 planes sent with supplies for field hospital so far

The UAE dispatched five planes on November 8 with essential supplies required to set up and operate an Emirati field hospital to treat impacted Palestinians

How PureHealth is advancing healthcare services

PureHealth, Dell partner to advance healthcare services in Abu Dhabi

The partnership with Dell further solidifies the healthcare’s position following the recent milestone acquisitions

DoH announces partnership with M42 to advance Precision Medicine in Abu Dhabi

GITEX GLOBAL 2023: DOH, M42 partner to further precision medicine in Abu Dhabi

The partnership will enable physicians to access pharmacogenomic reports for consenting participants of the Emirati Genome Program through Malaffi

Aster opens 175-bed multispecialty hospital in Muscat

Aster launches 175-bed multispecialty hospital in Muscat

The hospital is equipped with cutting-edge technology to deliver the highest standard of care

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

An investment from Mubadala could help Manipal Hospitals to expand its business

AstraZeneca - New office inauguration Image supplied

AstraZeneca inaugurates new sustainable offices at Dubai Science Park

This development is part of a series of initiatives that align with the pharma giant’s global Ambition Zero Carbon programme

Nipah virus - bat

Nipah virus in Kerala: What we know so far

The zoonotic virus, transmitted between species from animals to humans, has already killed two people in Kerala this year

Health survey

Dubai household health survey to start from September 10

The survey, first conducted in 2009, and subsequently every five years, is the most comprehensive household health study in Dubai

Aviv Clinics

Aviv Clinics Dubai: An investment in your brain health

The Aviv Clinics medical evaluation programme has opened a new frontier in medicine, enhancing brain and physical performance, and boosting the reversal of the biology of ageing