Company Insights Burjeel Holdings Health Burjeel Holdings Overview Burjeel Holdings is one of the leading private healthcare service providers in the UAE, Oman and Saudi Arabia. Founded in 2007 by Indian radiologist and businessman Shamsheer Vayalil Parambath, Burjeel Holdings is traded on the Abu Dhabi Securities Exchange and has a market cap of almost $3 billion. Burjeel’s subsidiaries provides multi-speciality hospitals, medical, surgical and dental services, and sale of pharmaceutical goods and medical equipment. Burjeel Holdings has a network of more than 60 assets, including 16 hospitals and 23 medical centres. Its hospital businesses remain the primary revenue driver – in Q3 2024 they contributed 88% of total revenue. As part of its strategic growth plan, in February 2024 Burjeel Holdings signed a memorandum of understanding with Leejam Sports Company, an operator of fitness centres in Saudi Arabia and the UAE. This joint venture will operate a network of more than 60 physiotherapy, rehabilitation and wellness centres in Leejam clubs across the kingdom. Alongside this and other growth initiatives, Burjeel Holdings has also revealed plans to triple its medical tourism business by the end of the decade. Burjeel Holdings’ subsidiaries include Burjeel, Tajmeel, Medeor Hospital, Lifecare Hospital, Physiotherabia and LLN Hospital. Burjeel Holdings News Health UAE’s Burjeel buys Saudi physiotherapy centre Burjeel Holdings has bolstered its presence in Saudi Arabia by acquiring a physiotherapy centre in Makkah. The Specialist Physiotherapy Center was purchased for SAR6.5 million ($1.7 million) by Burjeel KSA, a subsidiary, broadening the Abu Dhabi-listed hospital operator’s footprint in the kingdom. The centre provides hotel physiotherapy solutions designed to support the needs of Umrah and […] December 31, 2024 Analysis Health Healthy progress made in Saudi Arabia’s wellness drive Private health services in Saudi Arabia are rapidly expanding as its growing population and the focus on improving citizens’ wellbeing under the Vision 2030 programme bring in billions of dollars in new domestic and foreign investments. During the Global Health Exhibition, held in Riyadh at the end of October, Saudi officials announced deals worth $13.3 […] November 11, 2024 Health Burjeel profits drop despite jump in patient footfall Hospital operator Burjeel Holdings said net profits for the first six months of 2024 fell 25 percent year on year to AED169 million ($46 million), despite annual revenue rising 9 percent to AED2.4 billion. Patient footfall increased to three million in the first six months, an increase of 11 percent in the second quarter. Abu […] August 8, 2024 Health Saudi ‘needs to recruit 175,000 medics by 2030’ Saudi Arabia needs to recruit an additional 175,000 medical professionals to care for its growing population by 2030, research has found. The kingdom requires an extra 69,000 doctors, 64,000 nurses and 42,000 allied health professionals such as paramedics and osteopaths, according to a report published on May 30 by consultancy Colliers Middle East. Mansoor Ahmed, […] June 6, 2023 Health Healthcare tourism gives Dubai a shot in the arm Medical tourism brought nearly AED1 billion ($272 million) to Dubai last year, up by more than a quarter, as the emirate aims to build its reputation as a destination for international patients. Dubai welcomed 674,000 medical tourists in 2022, up from 630,000 the previous year, with 39 percent arriving from Asian countries, 22 percent from […] May 17, 2023 Health Burjeel Holdings plans to triple its medical tourism Burjeel Holdings has revealed plans to triple its medical tourism business by the end of the decade. The UAE-based private healthcare services provider has a network of 61 assets, including 16 hospitals and 23 medical centres, as well as pharmacies and other services. CEO John Sunil, who has been with the company for 12 years, […] April 24, 2023 Banking & Finance Assets under management at ADGM rise by over 50% Abu Dhabi Global Market saw its assets under management increase by 56 percent year-on-year in 2022 as the authority became the fastest growing international financial centre in the region. Total licence issues for financial and non-financial firms increased by 30 percent from 4,262 companies in 2021 to 5,546 in 2022, according to figures released on […] March 20, 2023 Burjeel and Leejam joint venture to open over 60 clinics in Saudi Abu Dhabi-listed Burjeel Holdings has signed a memorandum of understanding (MoU) to establish a joint venture with Leejam Sports Company, the owner and operator of fitness centres in Saudi Arabia and the UAE. The equally-owned venture will be operated through a newly formed company established under Saudi regulations, Burjeel said in a statement. The two […] February 6, 2023 Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022 Retail Lulu Group targets Iraq and Africa ahead of Abu Dhabi IPO Lulu Group International is planning a listing on the Abu Dhabi Securities Exchange in 2023 and has hired investment bank Moelis & Co to advise it. The supermarket chain, which has its headquarters in Abu Dhabi, also confirmed to AGBI that it will add new outlets to its network as it consolidates in the Middle […] October 14, 2022 Posts navigation 1 2 Next
Health UAE’s Burjeel buys Saudi physiotherapy centre Burjeel Holdings has bolstered its presence in Saudi Arabia by acquiring a physiotherapy centre in Makkah. The Specialist Physiotherapy Center was purchased for SAR6.5 million ($1.7 million) by Burjeel KSA, a subsidiary, broadening the Abu Dhabi-listed hospital operator’s footprint in the kingdom. The centre provides hotel physiotherapy solutions designed to support the needs of Umrah and […] December 31, 2024
Analysis Health Healthy progress made in Saudi Arabia’s wellness drive Private health services in Saudi Arabia are rapidly expanding as its growing population and the focus on improving citizens’ wellbeing under the Vision 2030 programme bring in billions of dollars in new domestic and foreign investments. During the Global Health Exhibition, held in Riyadh at the end of October, Saudi officials announced deals worth $13.3 […] November 11, 2024
Health Burjeel profits drop despite jump in patient footfall Hospital operator Burjeel Holdings said net profits for the first six months of 2024 fell 25 percent year on year to AED169 million ($46 million), despite annual revenue rising 9 percent to AED2.4 billion. Patient footfall increased to three million in the first six months, an increase of 11 percent in the second quarter. Abu […] August 8, 2024
Health Saudi ‘needs to recruit 175,000 medics by 2030’ Saudi Arabia needs to recruit an additional 175,000 medical professionals to care for its growing population by 2030, research has found. The kingdom requires an extra 69,000 doctors, 64,000 nurses and 42,000 allied health professionals such as paramedics and osteopaths, according to a report published on May 30 by consultancy Colliers Middle East. Mansoor Ahmed, […] June 6, 2023
Health Healthcare tourism gives Dubai a shot in the arm Medical tourism brought nearly AED1 billion ($272 million) to Dubai last year, up by more than a quarter, as the emirate aims to build its reputation as a destination for international patients. Dubai welcomed 674,000 medical tourists in 2022, up from 630,000 the previous year, with 39 percent arriving from Asian countries, 22 percent from […] May 17, 2023
Health Burjeel Holdings plans to triple its medical tourism Burjeel Holdings has revealed plans to triple its medical tourism business by the end of the decade. The UAE-based private healthcare services provider has a network of 61 assets, including 16 hospitals and 23 medical centres, as well as pharmacies and other services. CEO John Sunil, who has been with the company for 12 years, […] April 24, 2023
Banking & Finance Assets under management at ADGM rise by over 50% Abu Dhabi Global Market saw its assets under management increase by 56 percent year-on-year in 2022 as the authority became the fastest growing international financial centre in the region. Total licence issues for financial and non-financial firms increased by 30 percent from 4,262 companies in 2021 to 5,546 in 2022, according to figures released on […] March 20, 2023
Burjeel and Leejam joint venture to open over 60 clinics in Saudi Abu Dhabi-listed Burjeel Holdings has signed a memorandum of understanding (MoU) to establish a joint venture with Leejam Sports Company, the owner and operator of fitness centres in Saudi Arabia and the UAE. The equally-owned venture will be operated through a newly formed company established under Saudi regulations, Burjeel said in a statement. The two […] February 6, 2023
Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022
Retail Lulu Group targets Iraq and Africa ahead of Abu Dhabi IPO Lulu Group International is planning a listing on the Abu Dhabi Securities Exchange in 2023 and has hired investment bank Moelis & Co to advise it. The supermarket chain, which has its headquarters in Abu Dhabi, also confirmed to AGBI that it will add new outlets to its network as it consolidates in the Middle […] October 14, 2022
