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Emaar to build hospitals in Mideast

Emaar Properties' healthcare unit said on Sunday it would build hospitals in the Middle East and North Africa with a subsidiary of American hospital brand, The Methodist Hospital.

Emaar Healthcare Group and Methodist International would develop and manage hospitals in the UAE, Algeria, Egypt, Saudi Arabia and Turkey in the next five years, Emaar said in a statement.

Some of these hospitals will serve residential developments of Emaar Properties, the largest Arab developer by market value, it said.

Emaar did not say how much it planned to invest in building healthcare facilities. (Reuters)

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