Quadria Capital Closes Oversubscribed US$1 Billion Fund III to Advance Healthcare Transformation Across Asia
Fund close exceeds initial target despite challenging fundraising environment, with significant participation from Gulf sovereign wealth funds and institutions Leading GCC investors from Saudi Arabia, UAE, Bahrain, and Oman demonstrate strong confidence in Asia’s healthcare growth story Fund to invest in GCC’s rapidly expanding healthcare sector Strategic partnership with Gulf capital positions fund to capitalise […]
Pacific Prime Dubai Honored Twice at Annual Cigna Healthcare Broker Awards Ceremony
Pacific Prime Dubai, a leading health insurance and employee benefits brokerage, has made headlines by winning two prestigious awards at the Annual Cigna Healthcare Broker Awards held on February 6, 2025, at the Rockfish Restaurant, Hotel Jumeirah Al-Naseem, Dubai. The brokerage was recognized as the Broker of the Year 2024 for both the Individual and SME segments, marking a […]
Aster Guardians Global Nursing Award Announces Top 10 Finalists for 2024
Aster Guardians Global Nursing Award has today unveiled the top 10 finalists for 2024, one of whom will go on to win the grand title award of US $ 250,000. These 10 nurses have been shortlisted from a pool of 78,000 nurses from 202 countries across the world, following a stringent review process run independently […]
COMPLEXION to Exhibit at GITEX Global 2024, the Largest IT Show in the Middle East
Digital healthcare startup COMPLEXION Co., Ltd. has been selected as an exhibitor at GITEX Global 2024, one of the largest IT and technology exhibitions in the Middle East held annually in Dubai. This prestigious event brings together global companies to showcase cutting-edge technologies and explore opportunities for entering the burgeoning Middle Eastern market. COMPLEXION will be one […]
Hikma delivers strong H1 performance and upgrades Group guidance
Hikma Pharmaceuticals PLC and its subsidiaries (‘Hikma’ or ‘Group’), the multinational pharmaceutical company, today reports its interim results for the six months ended 30 June 2024. The Group reported revenue growth of 10% (10% in constant currency) to $1.569 billion (compared to $1.427 billion in H1 2023). We have made excellent progress in the first […]
Arabian Ethicals Expands Operations at Dubai Silicon Oasis
Arabian Ethicals, which serves from within Ghobash Group, a progressive and diversified UAE-based business conglomerate, today announced the expansion of its operations in Dubai Silicon Oasis (DSO), the specialised economic zone for innovation and knowledge and member of the Dubai Integrated Economic Zones Authority (DIEZ). As a leading provider of healthcare solutions and pharmaceutical distribution […]
Cigna Healthcare Names Leah Cotterill Middle East and Africa CEO, outside KSA
Cotterill is the first woman to lead an international health insurance company in the UAE. In her new role, she will be responsible for driving strategic growth across the region’s key markets, outside the Kingdom of Saudi Arabia. Cigna Healthcare, the leading global health services company, today announced Leah Cotterill as the new Chief Executive […]
TVM Capital Healthcare Announces USD 35 Million Investment into Boston Oncology Arabia
The Saudi-based pharmaceutical company provides best-in-class specialty drug treatments TVM Capital Healthcare, an international healthcare expansion and growth capital firm, today announced a USD 35 million investment in Boston Oncology Arabia, a bio-generic drugs manufacturing company based in the Kingdom of Saudi Arabia. From its headquarters in Riyadh and production facility in Sudair Industrial City, […]
Plocamium Holdings Launches New Service Targeting Middle Market Companies to Increase Value Creation Through Expertise and Strategic Investment
Plocamium Holdings (“PH”), a newly launched private equity services firm, announced today it has begun working with middle market companies and sponsors to improve growth and drive greater returns and performance for those companies and investors. PH offers a unique suite of expertise that can evaluate a company’s strengths and weaknesses from the C-Suite to […]
Aster DM Healthcare concludes separation of GCC and India businesses, and Fajr Capital-led consortium’s investment in Aster GCC
Aster’s GCC and India businesses officially separate to establish two distinct and standalone healthcare champions Aster GCC will continue to be managed and operated by the Moopen family and the family will maintain a 35% stake in the company Fajr Capital-led consortium, which includes Emirates Investment Authority, Al Dhow Holding Company (the investment arm of […]
Medcare Orthopaedics & Spine Hospital performs UAE’s first artificial ligament surgery with LARS on an Italian patient
Dr. Massimo Piracci, Specialist Orthopaedic Surgeon at Medcare Orthopaedics & Spine Hospital introduces LARS with artificial ligament to help the 44-year-old patient, who met with a severe knee injury during a football match in Dubai a few years ago. Studies say that knee injuries are notably five times more frequent in the UAE than in […]
Roha Medical Campus, a World-Class Hospital in Ethiopia, Gets $42 Million First Injection
Initial equity is part of $130 million first-phase investment in Roha Medical Campus Ethiopia on $5 billion African medical tourism map with one of most significant healthcare developments Africa’s second-largest nation has acute need for hospital capacity, with only 6% of beds required: WHO In a milestone for one of Africa’s biggest healthcare developments, Roha […]
BDMS 1st in 2023 DJSI World Index under the Health Care Providers and Services Sector and consecutively listed in 2023 DJSI Emerging Markets for the 3rd year in a row
Bangkok Dusit Medical Services PLC (BDMS), the largest private healthcare network in Thailand is committed to lead the revolution of healthcare by providing innovative care integrated with Thai hospitality to enhance health and wellness and has been ranked 1st in the Dow Jones Sustainability World Index and the Dow Jones Sustainability Emerging Markets Index for […]
LG wraps up a successful presence at Arab Health 2024
LG Electronics (LG), a pioneer in consumer solutions and technology, recently showcased its latest in healthcare innovation during Arab Health. Held in Dubai from 29th January to 1st February, Arab Health 2024 was the regions premier healthcare event which hosted regional and international policy drivers, thought leaders and healthcare professionals. The event focused primarily on […]
Qritive Secures Multi-Year Contracts with Metropolis Healthcare, CŌRE Diagnostics and Rajiv Gandhi Cancer Institute to Drive AI Adoption in Pathology Across India
QritiveTM, a leading provider of AI solutions for pathology labs worldwide, announces partnership with esteemed diagnostic centres and hospitals in India: Metropolis Healthcare, Rajiv Gandhi Cancer Institute and CŌRE Diagnostics. These institutions have embraced PantheonTM image management system (IMS) and Qritive’s AI products, marking them as trailblazers in adoption of artificial intelligence in pathology workflows. […]
Innovaccer Launches InScribe, the Revolutionary Healthcare AI Assistant, at Arab Health 2024
The conversational AI that was designed to reduce workload and enhance care delivery makes generating complex analytic insights as easy as texting. Innovaccer, the leading health data platform accelerating healthcare innovation, is launching InScribe at Arab Health 2024 at the Dubai World Trade Centre. The AI technology transcribes, analyzes, and summarizes conversations between healthcare providers […]
LG sets new bar in digitalizing healthcare
New solutions empower LG’s drive towards the future of healthcare Dubai, United Arab Emirates LG Electronics (LG), a pioneer in technology and consumer-focused solutions, will be showcasing its range of dedicated healthcare and hospitality products during Arab Health 2024. The most significant event for the healthcare industry, Arab Health 2024, will be held at Dubai […]
Dubai’s first liver transplantation performed at King’s College Hospital signals new era in healthcare
In a groundbreaking medical achievement, King’s College Hospital London marked a historic milestone by performing the first successful liver transplantation in Dubai on a 38-year-old woman grappling with liver failure. As the first facility to provide liver transplantation services in Dubai, the hospital has raised the standard for advanced medical care in the region. This […]
Merck Foundation CEO and African First Ladies discussed Healthcare Capacity Building and Breaking Infertility Stigma at Africa Asia Luminary 2023
DUBAI, United Arab Emirates — Merck Foundation, the philanthropic arm of Merck group of Germany, conducted the 10th Edition of their annual conference “Merck Foundation Africa Asia Luminary”, in India. The conference was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation BOT; Senator, Dr. Rasha Kelej, CEO of Merck Foundation and Chairperson of […]
Intel Capital and Khosla Ventures Lead $27M Investment in SiPhox® Health to Transform Health Testing
BURLINGTON, Mass. — SiPhox Health, the leader in building the next generation of lab-grade home health testing with silicon photonics, raised $27 million in funding including a $10M Seed financing and a $17M Series A round. The Series A round was led by Intel Capital with participation from Khosla Ventures, Kortex Ventures, Alumni Ventures, Metaplanet, […]
Thumbay Institute/College of Artificial Intelligence & Technology in Healthcare launched at GMU
Ajman, United Arab Emirates — The newly launched Thumbay Institute/college at Gulf Medical University marks a revolutionary milestone as it becomes the first-of-its kind in the Middle East to specialize adoption of artificial intelligence to transform the medical education landscape, thus opening new avenues for research, education, healthcare delivery, innovation, and technological advancements in the […]
Burjeel Medical City Launches Advanced Gynecology Institute to Offer Complex Care Solutions for Women
Abu Dhabi, United Arab Emirates — Burjeel Medical City, the flagship facility of Burjeel Holdings, has launched an Advanced Gynecology Institute (AGI) designed to offer multidisciplinary healthcare solutions to women of all ages. The launch comes just months after the hospital joined hands with the globally renowned Franco-European Multidisciplinary Institute of Endometriosis Academy (IFEM Endo). […]
Dr. Moopen’s Family increases 4% stake in Aster DM Healthcare buying shares for Dh 207 million
Dubai, United Arab Emirates — The promoters of Aster DM Healthcare have increased their shareholding in the India listed company by 4% from 37.88% to 41.88%, after acquiring additional stake from one of the large private equity investors at an additional investment of Dh. 207 million. Speaking on the increase in stake, Dr. Azad Moopen, […]
Newly Established “Access to Healthcare Board” Will Transform Access to Healthcare in the Middle East and Africa
DUBAI, United Arab Emirates — Ambitious and passionate healthcare experts from the Middle East and Africa region have formed an advocacy board that will transform access to healthcare through innovative, consistent, sustainable, and customized solutions. The “Access to Healthcare Board” comprises key government, regulatory, private, and societal stakeholders seeking to establish and benchmark monitoring access solutions […]
LG TO DEMONSTRATE ITS LATEST HEALTHCARE INNOVATIONS AT ARAB HEALTH 2023
DUBAI, United Arab Emirates — As part of its ongoing commitment to pioneering innovation, LG Electronics (LG) will showcase its advanced portfolio of medical imaging technologies at Arab Health 2023, the largest healthcare exhibition in the Middle East. The company will unveil its new medical monitors and upgraded digital X-ray detectors that will be launched […]
Hikma and Celltrion Healthcare sign exclusive licensing agreement for ustekinumab for the Middle East and North Africa region
London, England — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces a new exclusive licensing agreements with Celltrion Healthcare Co., Ltd. for CT-P43 (ustekinumab). CT-P43 is a monoclonal antibody that is a proposed biosimilar to Janssen’s Stelara®. Under the terms of the agreement, Hikma will have exclusive rights to commercialise CT-P43 in all of its […]
Innovaccer Expands Into UAE with Abu Dhabi Investment Office Partnership
ABU DHABI, United Arab Emirates — Today Innovaccer Inc., the Health Cloud company, announced the launch of Innovaccer Health Limited, based in Abu Dhabi Global Market, United Arab Emirates. This marks the company’s latest international market expansion outside of the U.S. and supports the company’s long-term growth strategy and commitment to making healthcare more accessible, more […]
Healthcare Sector Leads the Way for Fix Rate of Software Security Flaws
BURLINGTON, Mass. — Veracode, a leading global provider of application security testing solutions, today revealed that the healthcare sector takes first place for the proportion of software security flaws that are fixed, at 27 percent. The sector overtook financial services as the top-performing industry, demonstrating healthcare providers have made good headway toward the goal of […]
STARS OF SCIENCE ADOPTS AN INTERDISCIPLINARY APPROACH TO HEALTHCARE INNOVATION
Doha, Qatar — When Qatar Foundation’s Stars of Science returned for season 14 on September 2, its panel of judges featured two prominent voices from two distinct fields, engineering and medicine – underlining a pressing need across the Arab world and beyond. Professor Fouad Mrad, a jury member since it first aired in 2009, has […]
SPARK: Newly Qualified Nurses Fill Gaps During Lebanon’s Healthcare Crisis
AMSTERDAM – In Lebanon, private hospitals account for 80% of healthcare services, according to the Ministry of Health. Due to the unprecedented economic crisis, an estimated 40% of medical professionals, including around 2,000 nurses, have left the country and many hospital departments are being forced to close. “We come close to a great collapse,” said […]