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Aster DM Healthcare

Aster DM Healthcare News

The UAE's density of healthcare staff is higher than the rest of the GCC but still below global benchmarks

Training and tech to tackle healthcare staff shortage

Technology and training combined can aid the impending recruitment crisis in UAE healthcare, experts say. Globally there will be an estimated shortfall of 10 million workers in the industry by 2030, primarily in low and middle income countries, according to the World Economic Forum. The UAE has not been spared. Research from Colliers showed there […]

A doctor consults medical records. Aster employs 1,651 doctors and 3,679 nurses

Dubai mulling ratings for hospital performance, says Aster founder

Dubai is considering the introduction of performance ratings for healthcare providers, Dr Azad Moopen, the founder and chairman of Aster DM Healthcare, has told AGBI. The system would allow operators to adjust their insurance tariffs – the prices that insurers agree to pay for medical services or procedures – based on their classification, providing an […]

Aster expects the sale of its GCC business to be completed in the fourth quarter of 2024

Aster DM plans dividend payout from Gulf unit sale

India’s Aster DM Healthcare intends to distribute between 70 percent and 80 percent of the $903 million proceeds it will receive from selling its Gulf business. The company agreed in November 2023 to sell a majority stake in its Gulf business to Alpha GCC Holdings for $1 billion as part of a plan to separate […]

Aster expects the sale of its GCC business to be completed in the fourth quarter of 2024

Aster DM to sell majority stake in Gulf business for $1bn

UAE-based hospital chain Aster DM Healthcare will sell a majority stake in its Gulf business to a regional consortium for $1 billion as part of a plan to separate the unit from its Indian operations. A consortium led by state-backed Fajr Capital will own 65 percent of the Gulf business, while Azad Moopen, the founder […]

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UAE companies join ranking of elite brands

UAE businesses including Adnoc, Dubai Duty Free and RAK Hospital have been recognised by the organisation that ranks elite brands around the world. Superbrands UAE welcomed its latest cohort of 29 brands, which also included Al Rostamani Group, Aster DM Healthcare, Hamriyah Free Zone Authority, Nando’s and Tabasco. The chosen few were selected from thousands […]