Hospital operators Archives

Saudi healthcare provider Almoosa announces plans to float 30% on Tadawul

Thu 28 Nov 2024Thu 28 Nov 2024

This follows September’s regulatory approval from the Capital Market Authority and comes amid a busy year for Saudi healthcare IPOs

Almoosa Health

Saudi hospital operator Almoosa Health to launch IPO before year-end

Written by Staff Writer

Thu 21 Nov 2024Thu 21 Nov 2024

The issue, when launched, could be one of the largest listings in the country this year

This vote marks a new dawn for NMC Healthcare and for our 11,500 employees, Davis said. Image: Bloomberg

BR Shetty

Companies of UAE’s troubled NMC secure deal to exit administration

Written by Staff writer

Wed 1 Sep 2021Wed 6 Oct 2021

NMC Healthcare Ltd, the largest private healthcare company in the UAE, will remain in administration in order to pursue certain potential litigation claims on behalf of itself and the other companies

Abu Dhabi-based NMC Healthcare Ltd has administered 98,919 vaccinations and 1.7 million PCR tests during the first half of the year.

healthcare provider

UAE’s troubled NMC unveils plan to exit administration after debt crisis

Written by Staff writer

Wed 11 Aug 2021Wed 6 Oct 2021

Creditors are set to vote on a plan that could help 34 subsidiaries exit administration on September 1

Fakeeh University Hospital in Dubai Silicon Oasis

Fakeeh Care

Saudi healthcare major invests $500m in new Dubai hospital

Written by Staff writer

Fri 1 Jan 2021Wed 6 Oct 2021

Fakeeh Care announces opening of the 350-bed Fakeeh University Hospital in Dubai Silicon Oasis

Cleopatra, which has a market value of about $481m, has grown through acquisitions since it was set up in 2014.

Alameda Healthcare

Cleopatra Hospital to acquire Alameda Health’s Egypt assets

Written by Bloomberg

Sun 27 Dec 2020Wed 6 Oct 2021

Investor appetite for health-care assets in the Middle East and Africa has grown in recent years due to the region’s increasing population and a shortage of public services