#Healthcare

Insights: How Omics can revolutionise GCC healthcare

Insights: How ‘omics’ can revolutionise GCC healthcare

Through strategic actions, Saudi Arabia and UAE could capture over 60 per cent of MENA’s $1.2bn genomics market by 2027

Mubadala, CBC buy UCB neurology, allergy units

Abu Dhabi’s Mubadala co-invests in UCB’s neurology, allergy business

The deal, which is expected to close in Q4 2024, includes UCB’s neurology portfolio (Keppra, Vimpat, Neupro) and allergy medicines (Zyrtec, Xyzal)

top indians

Most influential Indians in the region 2024

We profile some of the most iconic Indian business titans based in the Gulf, highlighting their journeys and achievements

Gulf Business Awards

Cast your vote now for the Gulf Business Awards 2024 nominees

Vote for the most deserving individuals and businesses for the upcoming awards

Saudi heallthcare company Dallah acquires Ayyan Investment company's stake in 2 companies GettyImages/ Image for illustrative purposes

Saudi’s Dallah Health to acquire stakes in Al Ahsa, Al Salam Medical Services

Dallah will issue 3.89 million shares to Ayyan as part of the capital increase, valued at SAR660m

DWTCA sees strong growth in H1

Dubai welcomed almost 700,000 medical tourists in 2023

Dubai’s health tourism sector generated indirect revenues of Dhs2.3bn in 2023, providing a significant boost to the emirate’s GDP

Fine Hygienic Holding director of wellness Elia G Nuqul is focused on wellness innovation

Fine Hygienic Holding’s Elia G Nuqul is focused on wellness innovation

Elia G Nuqul, director of Wellness at FHH, delves into the vision for its future, the role of technology in wellness and the key trends shaping the industry

Burjeel Medical City

Burjeel Holdings’ H1 net profit rises 5.9% to Dhs238m

Burjeel Holdings remains focused on expanding its oncology services, which are expected to play a key role in boosting future revenue streams

Response Plus Medical’s CEO on meeting today’s evolving healthcare needs

RPM CEO Dr Rohil Raghavan shares how the medical services provider continues to enhance the quality of healthcare services in the UAE, Saudi Arabia and beyond

UAE to build 10 hospitals to offer critical care, aligns with global initiative

UAE to build 10 hospitals to offer critical care, aligns with global initiative

Part of the Zayed Humanitarian Legacy Initiative, the ambitious project will see a financial investment of nearly $150m (Dhs550m) over the next decade

GB Awards

Call for nominations: Gulf Business Awards 2024

We are now accepting nominations for the 12th edition of the Gulf Business Awards 2024

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