United Arab Emirates

 

UK uni hospitals unite to sell abroad

Five of the largest UK university hospitals, with a total revenue of £6.2bn, have come together to compete more effectively in the international market for hospital and medical consulting as the King’s International Consortium (KIC). But will they be able to compete with the big US academic medical centres which dominate international tertiary medicine, or with Korean and Indian players who offer lower cost and more flexible hospital management?

Winning the workforce war: Evercare expands training facilities

Many emerging market hospital groups seem a hot ticket at the moment. They have the stability which comes with hospitals, married to far more growth than you might expect in Europe, but the workforce war is making investors think twice. HBI speaks to two experts to learn more about how in-house training is proving to be a solution to workforce woes.

Amanat to merge Sukoon and CMRC

Dubai-based listed health care and education investment firm Amanat Holdings is merging two of its post acute care providers in the GCC region, Sukoon and Cambridge Medical and Rehabilitation Center (CMRC), in the latest move in its plan to build the region's largest post-acute care platform.

Burjeel sets price for “29x over-subscribed” IPO

Major UAE hospital group Burjeel Holdings has chosen to set its IPO price at just 2 dirhams ($0.54) per share. It plans to sell 11% of its share capital (550.7 million shares) when it goes public on Monday, October 10, which will raise 1.1bn dirhams ($299.51m) at this price.

NMC CEO standing down

Michael B. Davis, the CEO of the UAE's largest private sector healthcare provider, NMC Healthcare, is standing down. His last day with the group will be December 20, and he leaves having steered the group through the most trying years in its history. Once seemingly facing financial ruin, NMC came out of administration at the end of last year.

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