Wednesday 19 October 2011

UAE's Alchemist eyes GCC healthcare investments - ArabianBusiness.com

Alchemist Healthcare, a UAE based investment company, has acquired 75 percent equity stake in Dubai's Mussalla Medical Centre as it looks to expand its interests across the GCC.

Having earlier invested in two healthcare assets in Abu Dhabi, Alchemist Healthcare said it is looking to become a regional leader in the healthcare sector and was planning to spend AED150m by the end of the year.

Mussalla Medical Centre has more than 20 doctors in 14 specialties treating about 300 patients a day, in addition to providing laboratory and diagnostic services.

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