Burjeel Holdings signs MoU with Saudi Arabia to invest US$1 billion
Burjeel Holdings has signed a Memorandum of Understanding (MoU) with the Ministry of Investment in Saudi Arabia to collaborate with institutes and healthcare organizations and invest up to US$1 billion by 2030.
Burjeel Holdings, a private healthcare services provider in the UAE and operator of 39 hospitals and medical centers, will seek investment opportunities through joint ventures (JV) and public-private partnership (PPP) models to develop and expand multiple healthcare facilities across Saudi Arabia. Additionally, investing in a healthcare network with specialty medical centers, day surgery capability, digital health ventures, comprehensive super specialty hospitals and clinical research programs.
The company is in dialogue with various private sector providers and public sector hospitals in Saudi Arabia to deliver these services. The collaboration agreements are expected to be finalized over the coming months.
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