Skip to content Skip to Search
Skip navigation

Dubai Investments buys stake in fertility company

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.

Latest articles

Sainsbury's has the second-largest share of the UK grocery market, at 15 percent, behind Tesco at 28 percent

Qatar to reduce stake in UK supermarket Sainsbury’s

Qatar’s sovereign wealth fund is selling part of its 15 percent stake in the British supermarket Sainsbury’s as the fund pushes ahead with expansion in the United States and Asia, particularly China and India. Qatar Investment Authority (QIA), the biggest shareholder in Sainsbury’s, is selling £306 million ($399 million) worth of shares in the retailer, […]

Shoppers in Kuwait's Avenues Mall – the IMF says the country needs to encourage private sector employment

Kuwait needs to push reforms for economic growth, says IMF

Kuwait must accelerate the introduction of fiscal and structural reforms that are needed to increase private sector-led growth and diversify its economy away from hydrocarbons, the International Monetary Fund said on Friday. Kuwait’s economy will contract by 3.2 percent this year because of an Opec+ oil production cut, but will grow by 2.8 percent in 2025 […]

Thani Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates, (UAE) speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 15, 2021. REUTERS/Brendan McDermid Dr Thani bin Ahmed Al Zeyoudi, the UAE’s minister of state for foreign trade, said 'Malaysia offers substantial opportunity for our exporters, industrialists and business leaders' UAE Malaysia Cepa

UAE and Malaysia sign Cepa to increase bilateral trade

The UAE and Malaysia have signed a free trade deal, bringing the number of deals the Gulf state has agreed with foreign governments to 12. The comprehensive economic partnership agreement (Cepa) will seek to eliminate or reduce tariffs, lower trade barriers, increase private sector collaboration and create new investment opportunities, the two countries said in a […]

Modern buildings in the city center of Riyadh, Saudi Arabia

Riyadh leads Saudi Arabia’s hot property market

Strong population and employment growth in Riyadh is driving a surge in real estate transactions as new properties cannot come on the market fast enough. A dramatic rise in the number of deals in the 12 months to the end of June was also visible in Jeddah and Dammam, according to a report this week […]