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How tech is reinventing regional healthcare AGBI
WebThis transformation has encompassed everything from telemedicine to electronic health records, paving the way for more accessible, efficient and data-driven healthcare services. Saudis advised to go back to masks in crowded spaces. Kuwait’s pharmaceutical plan may need a shot in the arm. PureHealth acquires UK’s Circle …
Actived: 3 days ago
Pure Health to invest $500m in US hospitals giant Ardent
WebPure Health is buying a minority stake in US healthcare giant Ardent for a total investment of $500 million. Pure, a subsidiary of Alpha Dhabi Holding that runs 28 hospitals and more than 100 clinics in the UAE, said it had entered into a definitive purchase agreement, subject to US regulatory approvals. Ardent is the fourth-largest privately
Egypt misses healthcare targets as population ails AGBI
WebEgypt is failing to meet its healthcare spending targets, exacerbating deteriorating living standards that are leading to a rising number of illnesses and health problems. Egypt’s parliament approved legislation in 2018 to achieve universal health coverage by 2030, pledging to expand provision to include the 50 percent of Egyptians …
Gulf could have drone healthcare delivery by 2026 AGBI
WebPure Health buys Abu Dhabi hospital stake for $150m; The drones are battery powered and have a 75km range. They are connected to Siemens Healthineers’ laboratory diagnostics facilities, allowing for a two-way delivery of samples, medicine and other medical products to remote areas of the population.
Category: Mens health, Medical, Medicine Go Health
Dubai hospitals are ailing in saturated healthcare market AGBI
WebTurkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings. The country has 40 […]
Gulf embraces a personalised approach to healthcare AGBI
WebThe Gulf is shifting towards a more personalised approach to healthcare, but the growth of the sector faces challenges in terms of talent and data management according to experts. Traditional medicine tends to address only the initial health issues without tailoring solutions to the unique requirements of each patient, says Vadim Fedotov, CEO
PureHealth acquires UK’s Circle Health for $1.2bn AGBI
WebTurkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings. The country has 40 […]
Digital drugs delivery – the next frontier in healthcare AGBI
WebAbu Dhabi Department of Health has a drone delivery system for medical supplies There is a revolution taking place in healthcare, fuelled by digitalisation and a departure from physical forms and in-person processes. When the revolution is realised, you will look back and wonder how everything changed so quickly.
Pure Health buys UK private hospital group for $1.2bn AGBI
WebThe deal, valued at AED4.4 billion ($1.2 billion), is Pure Health’s first entry into the UK. Based in Abu Dhabi, Pure Health has a network of more than 25 hospitals, 160 laboratories, 100 clinics and a workforce of more than 24,000. A new age as Abu Dhabi accelerates its longevity push; Pure Health to invest $500m in US hospitals giant Ardent
Training and tech to tackle healthcare staff shortage
WebResearch from Colliers showed there will be a gap of 15,000 nurses and allied health professionals in Abu Dhabi by the end of this decade, and a shortage of 6,000 physicians and 11,000 nurses in Dubai. The physician and nurse density in the UAE is at 2.9 and 6.4 per 1,000 population respectively, which is higher than the GCC average.
Altibbi plans healthcare expansion in North Africa and Pakistan
WebAs many 400m people in the Arab world lack basic health services. Altibbi, the largest AI-based digital health provider in the Arab world, is looking to expand into North Africa and Pakistan after “turbocharging” growth in Saudi Arabia and Egypt, its CEO has told AGBI. Jalill Allabadi said the proceeds from Altibbi’s latest funding round
UAE president’s tropical diseases fund targets $500m AGBI
WebThe health-related costs associated with climate change will rise to between $2 billion and $4 billion annually by 2030, added Cop28 director-general Majid Al Suwaidi. This article, originally published on December 4, was updated on December 7 to reflect the fact that $500 million is the new target set for the Reaching the Last Mile Fund, with
High demand puts Pure Health IPO order book at $72bn AGBI
WebThe total gross demand reached more than AED265 billion ($72.16 billion) in all tranches, the company said in a statement. Pure Health buys UK private hospital group for $1.2bn. Pure Health to invest $500m in US hospitals giant Ardent. Pharma giants move in on UAE as demand stretches local firms.
Pure Health buys Abu Dhabi hospital stake for $150m AGBI
WebJanuary 30, 2024. Sheikh Shakhbout Medical City. Shakhbout Medical City reported a net profit of AED14.7 million in 2023. A subsidiary of Abu Dhabi’s Pure Health Holding has agreed to acquire Mayo Clinic’s shares in Sheikh Shakhbout Medical City for $150 million. Under the agreement, Abu Dhabi Health Services Company (Seha) will acquire
PureHealth plans to launch IPO on Abu Dhabi exchange AGBI
WebHealthcare provider PureHealth Holding has announced plans to launch an initial public offering (IPO) on the Abu Dhabi Securities Exchange to fuel its global expansion efforts. The listing, likely to be in December, is subject to regulatory approvals, the UAE state-run Wam news agency reported. Existing shareholders are Alpha Dhabi Holding …
Saudi university developing AI for early diabetes detection
WebTurkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings. The country has 40 […]
More GCC healthcare mergers likely as competition hots up
WebAccording to Alpen Capital, the UAE is likely to witness the highest growth rate in healthcare spending of 7.4 percent. The UAE and Saudi Arabia are the two biggest markets in the GCC, set to make up nearly 80 percent of its spending in 2027. Between 2020 and 2022, the GCC is estimated to have added 1,846 hospital beds but is likely to …
Saudi awards first PPP project in healthcare sector AGBI
WebTurkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings. The country has 40 […]
For those who want ‘IVF and a holiday’ … Dubai’s next hotel
WebThe Dubai clinic-cum-resort, called IVF International, is a partnership with the hospitality group Millennium Hotels and Resorts aimed at the fast-growing “fertility tourism” market. The industry was valued at $400 million worldwide in 2021, according to consultancy Grand View Research. By 2030, Grand View forecasts the global market will
NMC Health censured by UK financial authority AGBI
WebNMC Health was the UAE’s biggest privately-owned healthcare operator, boasting a vast number of clinics and hospitals, as well as specialised maternity and fertility clinics and long-term care homes in 19 countries. In July it was revealed that administrators had filed a $4 billion lawsuit against Shetty, former chief executive Prasanth
Turkey’s health tourism sector worth $2bn in 2023 AGBI
Web1.4m health tourists last year. Turkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings.
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