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Dubai Investments buys stake in fertility company

By Pramod Kumar
Global Fertility Partners will use the Dubai Investments funding to expand its network of fertility and women’s health centres Unsplash/Luma Pimental
Global Fertility Partners will use the Dubai Investments funding to expand its network of fertility and women’s health centres

Dubai Investments has acquired an equity stake of 34.3 percent in Global Fertility Partners, a network of fertility and reproductive genetics centres in the Middle East.

GFP will get $60 million in equity financing to expand its network of fertility and women’s health centres across the Middle East and North Africa.

Investors and family offices from Saudi Arabia and the UAE participated with equity financing alongside Dubai Investments.

“Investment in GFP marks our fourth strategic investment in the healthcare sector,” Dubai Investments’ vice chairman and CEO, Khalid bin Kalban, said in a press statement.

With the funding, GFP plans to build several fertility and women’s health centres and a network of satellite clinics across Saudi Arabia and the UAE, with construction starting in the coming months.

GFP’s flagship facility in Riyadh is under construction and will commence operations later this year.

It says the purpose-built facility will raise fertility care and reproductive genetics standards, setting a new regional benchmark.

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