Emirates Hospital, a member of the Abu Dhabi-based KBBO Group, has acquired 60 percent of Mobile Doctors 24-7, a round-the-clock health management provider.
The acquisition makes KBBO Group the majority shareholder in MD 24-7, it said in a statement.Mobile Doctors 24-7 is contracted with both public and private sectors and has over 230 multinational corporate clients including employers, insurance carriers, brokerage firms, as well as telecom carriers such as Etisalat.It offers 24-hour medical and wellness concierge services to its 145,000 plus registered members.Yazen Abu Gulal, KBBO Group CEO, said: “Mobile Doctors 24-7 is a valuable asset that is a natural fit for KBBO’s numerous healthcare assets such as Emirates Hospitals and CosmeSurge. We look forward to strengthening our relationship with MD 24-7’s Management team and moving forward with its worldwide growth.”Raouf Khalil, founder and CEO of Mobile Doctors 24-7, added: “This is a critically important step forward in scaling our true healthcare solution that aligns both consumers and payers. The combination of our one of a kind delivery system with the support of KBBO Group and its strong presence in the healthcare sector assures MD 24-7 future is in good hands.”Established in Abu Dhabi in 2004, KBBO Group is an investment group with a diverse portfolio of interests, operating in the UAE and across the Middle East.
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