INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Many firms to join Pure Health

FOR REPRESENTATION PURPOSE ONLY
  • Under the pact, Abu Dhabi Health Services Company (SEHA) and The National Health Insurance Company PJSC (Daman) will merge into Pure Health.
  • Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Centre will also join Pure Health, which already has a diversified services portfolio.

ADQ has signed a pact to combine several companies within Pure Health to form the largest healthcare provider in the UAE.

Under the pact, Abu Dhabi Health Services Company (SEHA) and The National Health Insurance Company PJSC (Daman) will merge into Pure Health, ADQ said in a statement.

Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Centre will also join Pure Health, which already has a diversified services portfolio of hospital management, laboratory services, medical supplies and healthcare informatics, the statement added.

ADQ will be the largest shareholder in Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.

Pure Health’s integrated healthcare ecosystem will contribute to the UAE’s healthcare system and deliver on the country’s aim to elevate the health and wellbeing of citizens and residents.

After the merger, Patients will benefit from access to greater clinical expertise and healthcare services across the spectrum of care.

Chief Executive Officer of ADQ Mohamed Hassan Alsuwaidi said, “We are further driving efficiencies to establish the UAE’s largest healthcare network, underpinned by clinical excellence, through elevated services, optimized healthcare spend and improved efficiencies across the value chain.”