#Healthcare

PureHealth sales entire stake in stem cell business

PureHealth divests stem cell business to streamline operations

The sale will advance the healthcare firm’s focus on specialised services previously offered at Abu Dhabi Stem Cells Centre and Yas Clinic at Sheikh Shakbout Medical City

Abu Dhabi’s DoH partners with ADIO and Etihad Airways to boost pharma capabilities

Abu Dhabi’s DoH partners with ADIO, Etihad Airways to boost pharma capabilities

The government-backed entities seek to leverage the emirate’s strategic location, lucrative investment opportunities and advanced logistics capabilities

Mumtalakat, M42 to launch Amana Healthcare in Bahrain

Located in Al Jasra, the facility will offer long-term care for patients with complex medical needs

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

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

Abu Dhabi

Abu Dhabi’s non-oil GDP expands over 9% in 2023

The emirate’s GDP in 2023, reached Dhs1.14tn, marking its best performance in ten years

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

business

What is the average salary increase in the UAE in 2024?

More than one-third of companies have plans to raise wages by up to 5 per cent

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

jobs in UAE, Saudi Arabia

Trends shaping the 2024 jobs landscape in UAE, Saudi Arabia

Better salaries and a better work-life balance, are the top reasons for seeking a job change, as 62 per cent employees consider a job move this year

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

GII acquires SAR600m stake in Saudi hospital chain

Dubai’s GII invests SAR600m in Saudi hospital chain

Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region

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.

PureHealth’s IPO attracts Dhs265bn in orders

PureHealth’s IPO attracts Dhs265bn in orders

The offering drew Dhs186bn in orders from professional investors within the UAE and the region

PureHealth seeks to raise Dhs3.62bn from IPO

UAE’s Purehealth seeks to raise Dhs3.62bn from IPO

The healthcare firm is offering about 1.11 billion shares, equivalent to 10 per cent of the total issued share capital

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

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

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

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

Pharma

Insights: Embracing digitalisation in pharma sector

Digital tools and technologies are fast making inroads into pharma marketing plans as the space has opened itself to the new ‘hybrid’ normal

PureHealth to acquire UK’s Circle Health Group for Dhs4.4bn

PureHealth to acquire UK’s Circle Health Group for Dhs4.4bn

The acquisition marks the healthcare group’s foray into the UK , as part of its global expansion programme

Julphar posts Dhs859.4m in H1 revenues, up 2.5%

Julphar half-year revenues surge to Dhs859.4m on solid growth

The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

Proximie

SoftBank-backed Proximie launches virtual robotic-assisted surgery training course

The first observership programme will begin on October 16

UAE enacts new laws for healthcare professionals

UAE enacts new laws for healthcare professionals

Practising without a healthcare licence attracts a fine of not less than Dhs50,000 and not exceeding Dhs100,000