Qatar's Aamal inks German JV on healthcare

Conglomerate teams up with Vivantes Int'l to build new medical centre in Doha

Qatar conglomerate Aamal Company has signed an agreement to create a joint venture with Vivantes International Medicine, the biggest hospital group in Germany.

The new entity will build an outpatient medical centre in Doha, the company said in a statement.

The outpatient centre, which will be managed by Vivantes, will offer a clinic and a diagnosis centre with visiting professors from Germany to consult with patients in Qatar.

In addition, through Al Faisal without Borders Foundation, Aamal will work with Vivantes to open a nursing school in several under-developed countries, the company added.

Vivantes is Germany's largest state-owned healthcare group. It offers international healthcare consulting and management services and is involved in numerous large-scale projects all over the world.

In Germany, it has nine hospitals including nursing schools, education centres and the biggest academy for health care management.

Sheikh Faisal bin Qassim Al Thani, chairman of Aamal Company said: "This is a very significant joint venture for us and I am delighted to partner with Vivantes, one of the best medical care providers across Germany and around the world.

"This centre will contribute to Qatar's policy of providing high quality, strong health services in our country. This contract is another successful agreement between the Government of Berlin and Aamal Company , building on the already strong mutual business foundations that are in place. I look forward to us working together in the future."

Dr Nizar Maarouf, vice director of Vivantes International Medicine added: "With this investment, the Government of Berlin is looking forward to further cooperation between both countries."

Maarouf visited Qatar last February and met with the Emir of Qatar. At the meeting, Vivantes expressed great interest in contributing to the development of Qatar's health care sector, he added.

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Posted by: Qatari

Aamal is well diversified listed company. Many thanks to Sheikh Faisal Bin Qassim Al Thani.

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