Health COVID-19 restrictions in UAE to loosen from Wednesday The situation is stable in the UAE as infections decline, says the National Emergency Crisis and Disasters Management Authority September 27, 2022
Health Burjeel eyes local investors for IPO after IHC buys stake Abu Dhabi-based hospital operator Burjeel Holdings is seeking local investors for its planned initial public offering, two sources said, scrapping plans to seek foreign investors after Abu Dhabi’s International Holding Company (IHC) took a 15 percent stake this week. Egypt-listed EFG-Hermes and JP Morgan are no longer on the deal, said the sources, declining to […] September 23, 2022
Exclusive Health Altibbi plans healthcare expansion in North Africa and Pakistan Altibbi, the largest AI-based digital health provider in the Arab world, is looking to expand into North Africa and Pakistan after “turbocharging” growth in Saudi Arabia and Egypt, its CEO has told AGBI. Jalill Allabadi said the proceeds from Altibbi’s latest funding round of $44 million – the largest ever single financing round for a […] September 19, 2022
Health 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 […] September 19, 2022
Analysis Injection of interest in beauty industry as men turn to ‘Brotox’ Botox injections are becoming increasingly commonplace among men in the business world, but could they really prove the difference in securing that big, career-defining deal? It may sound far fetched but businessmen in the Middle East are turning to botulinum toxin type A, as the pressure to look good in the “Zoom Boom” era continues […] September 18, 2022
Health Pure Health to invest $500m in US hospitals giant Ardent Alpha Dhabi Holding's healthcare subsidiary will acquire a minority stake in Ardent, an acute care specialist that employs 26,000 people September 5, 2022
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 […] August 25, 2022
Health Britain to recruit health workers from Nepal to offset shortage Britain will recruit health professionals from Nepal under its first labour agreement with the Himalayan country, officials said on Monday, helping Britain offset a labour gap while Nepal bids to boost remittances from migrant workers. A joint statement by Nepal government and the British Embassy in Kathmandu said they had signed a preliminary agreement to […] August 23, 2022
Enhance Fitness muscles in on Saudi health push Enhance Fitness, a Dubai-based personal training platform, has expanded into Saudi Arabia as the kingdom embraces a major health and fitness push, creating new business opportunities. Saudi Arabia’s General Authority for Statistics recently revealed that 48 percent of people across the country now practice physical and sporting activities for at least 30 minutes a week. […] August 21, 2022
Food & Drink Healthy fast food startups aim to tackle growing GCC obesity Following its success in Dubai and Saudi Arabia, health food eat-in and home delivery company Under500 is set to expand to Qatar. The firm’s low-calorie meals – served in franchised venues across the UAE and Saudi Arabia and via online delivery services such as Talabat and Deliveroo – are to be ordered by customers in Doha through delivery […] August 15, 2022
Health Johnson & Johnson to end global sales of talc-based baby powder Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said, more than two years after it ended US sales of a product that drew thousands of consumer safety lawsuits. “As part of a worldwide portfolio assessment, we have made the commercial decision to transition to an all cornstarch-based baby powder […] August 15, 2022
Opinion Mark your diaries: the human longevity revolution is coming Ageing populations can be a challenge, but they're a huge opportunity too. By 2030, spending by senior citizens will make up 10 percent of global GDP July 25, 2022
Opinion Digital drugs delivery – the next frontier in healthcare Tech innovations in pharmaceuticals delivery are part of the wider trend towards digitising medical services July 21, 2022
Health Macau turns more casino hotels into Covid medical centres Macau authorities have added two hotels in popular casino resorts to be used as Covid-19 medical facilities from Friday as they try to ramp up capacity to handle a surge of infections in the world’s biggest gambling hub. The east wing of Grand Lisboa Palace owned by SJM Holdings and the Grand Hyatt hotel owned […] July 8, 2022
Exclusive Mental health as important as salary in the Gulf Companies offering robust mental health support programmes will secure the best talent in the Gulf, according to the founder of a workplace wellbeing platform. Asim Amin, founder and CEO of Plumm, said that while businesses in the region have started to realise the importance of their employees’ mental wellbeing, there is “still a long way […] June 29, 2022
Health Saudi Arabia to invest $3.4bn in vaccine, biomedical drugs sector Saudi Arabia’s industry and Mineral Resources minister said on Friday the country would invest $3.4 billion in the vaccine and biomedical drugs sector, according to state news agency SPA. The Minister Bandar Alkhorayef, who heads the newly-established vaccines and biopharmaceutical industry committee, said the move is part of the kingdom’s push towards achieving pharmaceutical security […] June 25, 2022
Tourism Airlines upbeat on recovery but labour shortages may hurt growth Global airlines battered by COVID-19 seem confident of narrowing their losses but still face challenges such as labour shortages at airports which could restrict post-crisis growth, industry executives at a summit in Doha said. Recent flight delays and cancellations have been widely blamed on a lack of staff as an increasing number of people desert […] June 21, 2022
UAE pledges mask clampdown as Saudi lifts all Covid restrictions Masks are no longer required indoors in Saudi Arabia, but the UAE has warned it will be 'strictly monitoring' its rules on face coverings June 13, 2022
Health ADQ injects new life into healthcare portfolio ADQ, an Abu Dhabi-based investment company, today announced it has agreed to acquire one of Turkey’s leading producers of sterile injectable products as part of plans to build an integrated healthcare and life sciences platform in the UAE. The company said it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), a […] June 13, 2022
Tourism UK should have done better on Covid-19: IATA director general A top airline industry official on Tuesday said the UK should have responded “a hell of a lot better” to Covid-19 and argued aviation should have been more forceful in challenging government-mandated border closures during the pandemic. Willie Walsh, director general of the International Air Transport Association (IATA), also defended airlines’ handling of a rebound […] June 8, 2022
From Austria to the UAE: Monkeypox cases around the world Over 20 countries where monkeypox is not endemic have reported outbreaks of the viral disease, with more than 300 confirmed or suspected infections mostly in Europe. The outbreaks are raising alarm because monkeypox, which spreads through close contact and was first found in monkeys, mostly occurs in west and central Africa, and only very occasionally […] June 2, 2022
Business of Sport Formula One appoints Shaila-Ann Rao as new interim head Shaila-Ann Rao, who was previously a special advisor to Mercedes team boss Toto Wolff, took over as interim head of Formula One at the governing FIA on Wednesday in place of departed Peter Bayer. The Paris-based FIA, which voted in Emirati Mohammed Ben Sulayem as president last December to succeed departing Frenchman Jean Todt, thanked […] June 2, 2022
