Sharjah-based Gulf Medical Projects Company (GMPC) specialises in running hospitals and clinics as well as setting up factories for medical purposes, producing drugs and trading in medical appliances. The company’s net profit dropped 34 percent year-on-year in the first quarter to AED19.8m as operating costs surged. GMPC’s subsidiaries include Al Zahra Private Hospital Company Ltd and Al Zahra (Pvt) Hospital Dubai.