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Burjeel Holdings

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Person, Human, Tie

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 […]

A Burjeel hospital

UAE health firm Burjeel to offer 11% stake in October IPO

Abu Dhabi-based hospital operator Burjeel Holdings plans to offer an 11 percent stake in an initial public offering on the Abu Dhabi Securities Exchange, the company said in a statement on Monday. Burjeel will be the first private company to be listed on the Abu Dhabi exchange since 2011. The company intends to offer about […]

A Burjeel hospital

Abu Dhabi’s IHC acquires 15% stake in Burjeel Holdings

Abu Dhabi-based International Holding Company (IHC) has purchased a 15 percent stake in healthcare provider Burjeel Holdings. The acquisition aims to diversify IHC’s investment in the healthcare sector locally and regionally, WAM, the UAE state news agency, reported. Founded in 2007, UAE-based Burjeel Holdings is a private healthcare services provider, with a growing presence in […]

A Burjeel hospital

UAE health firm Burjeel plans Saudi expansion as IPO nears

UAE healthcare provider Burjeel Holdings, established under VPS Healthcare, on Wednesday announced plans to expand into Saudi Arabia ahead of its initial public offering (IPO) later this year. The company, which owns and operates hospitals and other healthcare facilities, will invest up to $1 billion in the Kingdom by 2030 as part of a memorandum […]