#Healthcare

Saudi Fund for Development signs loan agreement for hospital project Image SFD

Saudi Fund for Development signs $75m loan agreement for hospital project in Saint Lucia

This agreement is part of SFD’s efforts to support sustainable development in developing countries and small island developing states

Burjeel Holdings’ half-year profit up 47% to Dhs225m

Burjeel Holdings’ half-year profit up 47% to Dhs225m

The healthcare services provider’s H1 revenues surged by 13.9 per cent year-on-year to Dhs2.2bn, driven by an increase in patient footfall

PureHealth aims for net-zero emissions by 2040

PureHealth pledges to reach net-zero emissions by 2040

The healthcare firm’s climate pledge is a decade before the deadline by when the world must reach net zero if it is to achieve the Paris Agreement goal

Medcare Royal Hospital

Dubai: Medcare Royal Hospital to be launched in Al Qusais

Constructed by Dubai Developments, the 126 – bed premium hospital will offer individualised care in a range of specialties

Niven Al-Khoury on diabetes management strategies to be effective

Insights: How Saudi Arabia is making strides in diabetes control and prevention

There are an estimated 4.2 million patients suffering from diabetes in Saudi Arabia, out of which 1.8 million are undiagnosed

M42 and the Butterfly to empower people of determination

Abu Dhabi’s M42, The Butterfly partner to empower people of determination

The collaboration aims to foster a more inclusive ecosystem for people of determination in Abu Dhabi

al khayyat investments _ interview with Managing director Zaid Al Khayyat Image Supplied

Zaid S Al Khayyat of Al Khayyat Investments shares the company’s expansion plans

The holding company’s managing director highlights how the company has been charting its growth path as it supports Dubai’s grand economic vision

PIF sets up Lifera to boost biopharma industry growth

Saudi Arabia’s PIF sets up Lifera to boost biopharma industry growth

The biopharma investment firm seeks to advance formulation development, medicine development and manufacturing

G42 Healthcare M42 Proteomics site Image credit G42 Healthcare

G42 Healthcare offers first certified proteomics site in EMEA region

The certification equips G42 Healthcare to support and drive clinical decisions as well as future development of tests using genomic, proteomic and clinical characteristics

Novartis

Novartis agrees to buy Chinook for up to $3.5bn

The Swiss drug company will pay $40 a share in cash for California-based Chinook

Burjeel to launch neurological institute with Northwell Health Image credit Burjeel Holdings

UAE’s Burjeel, US-based Northwell Health to launch neuroscience institute in UAE

The neuroscience institute will be located at Burjeel Medical City in Abu Dhabi

Abu Dhabi’s life sciences hub ambitions

Hayat Biotech bolsters Abu Dhabi’s life sciences hub ambitions

The city serves as a secure and efficient gateway for global distribution, particularly in the healthcare industry

healthcare systems

Preserving health and planet: The imperative of sustainable healthcare systems

The interconnection between sustainability and climate change in the healthcare sector is crucial for safeguarding the future of both our planet and the human race

Little-known lung Infection grabs limelight from Covid, RSV Image Getty Images

Little-known lung Infection grabs limelight from Covid, RSV

The virus, a relatively obscure cousin of respiratory syncytial virus, can cause infections like bronchitis or pneumonia that can be severe in children and older adults

New cancer drug-from-Astrazeneca-launched-in-the-UAE-Image-credit WAM

New drug to treat liver, lung cancer now available in UAE

The UAE is one of the first countries in the Middle East to receive the medication

Zest Pharmacy retail outlet

Aster Pharmacy, Spinneys launch Zest Pharmacy in Abu Dhabi

The pharmaceutical concept will provide a wide range of products including skincare, nutrition, cosmetics and mother and childcare

Dubai Healthcare Authority

Number of Dubai healthcare facilities jump 11.5% in Q1 2023: DHA

The healthcare facilities provide care across a range of medical specialities and sub-specialities

drone delivery

Dubai hospital delivers medicines to patient’s house via drone: Watch here

The delivery took place within a 10-kilometre radius, transporting medication from the hospital to a patient’s home in Cedre Villas project

Healthcare facilities

Abu Dhabi temporarily closes two healthcare facilities over several violations

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal

Virtual reality may help cure healthcare

Virtual reality therapy has been used to reduce pain and anxiety without costly or potentially addictive medications

IHC photo twitter IHC official

Abu Dhabi-based IHC posts 20.5% rise in Q1 net profit to Dhs4.3bn

The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023

Burjeel Holdings

Burjeel Holdings’ Q1 2023 profit surges 43.4% to Dhs121.3m

The healthcare services provider said its revenues surged by 11.6 per cent year-on-year to Dhs1.1bn in the first quarter of 2023

PureHealth, Ardent deal

PureHealth closes acquisition of Dhs1.8bn stake in Ardent Health

The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare

Digital healthcare is booming following COVID-19

The future of digital healthcare

Are deals and valuations resilient for the healthtech sector in 2023?

courtesy CMRC twitter Amanat Holdings merger

UAE-based Amanat Holdings acquires majority stake in Sukoon via merger with CMRC

The merger, which creates the largest post-acute care provider in the GCC, places Amanat Holdings in a strong position to benefit from the significant post-acute care bed gap across Saudi Arabia and UAE

Mubadala co-leads funding round.

Abu Dhabi’s Mubadala co-leads Hasten Biopharma’s $315m funding round

The firm plans to use the proceeds to fund acquisitions and business development of innovative assets in the pipeline

M42 acquires Diaverum

M42 acquires Bridgepoint’s dialysis firm Diaverum

The acquisition will significantly expand its global footprint, enabling the company to deliver relevant healthcare services and healthtech solutions

Mubadala and G42 launch of M42

Abu Dhabi’s Mubadala, G42 launch tech-enabled healthcare firm

The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive

Abu-Dhabi_investopia_govt_investment platform partners with Italian healthcare firms to build smart clinics GettyImages-1316754718

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

Investopia has partnered with Italian GKSD Investment Holding Group and Gruppo San Donato, a private hospital group in Italy, to drive the initiative

Olayan Saudi Holding Company hospital with Vamed Hospital render

Olayan Saudi Holding Company, Vamed to open hospital in Riyadh

It’s the first of many hospitals planned in Saudi Arabia and regionally, as part of OSHCO’s aim to grow its healthcare investment portfolio