Anglo Arabian Healthcare Announce Important Strategic Partnerships at Arab Health 2015
With a robust strategic plan to rapidly expand healthcare operations across the Emirates, this partnership positions AAH as a major group in the UAE Healthcare industry.
Anglo Arabian Healthcare’s majority shareholder is Waha Capital PJSC (ADX: WAHA), a leading Abu Dhabi-based investment company, and now owns and operates a total of 25 healthcare assets, employs over 665 personnel with 120 Doctors across their medical facilities. In addition to an 85 bed hospital in Ajman due to open in early 2015 together with a day care surgery hospital in Sharjah, the group's asset mix now totals 10 clinics, 5 pharmacies and a network of accredited laboratories all across the UAE.
WAHA Capital purchased Anglo Arabian Healthcare in 2013 and has committed investments of over AED250m into the growth of this platform so far. With four clinical brands being developed under the AAH holding company, further expansion across the UAE is likely.
“I am delighted with our latest partnerships and in joining hands with Dr. Kamal Akkach and his impressive team of nearly 200 doctors, nurses and auxiliary staff. Health Bay is now our VIP brand that we will aggressively expand across the UAE. With Dr. Oras Sherif, we are also partnering with one of the UAE’s most respected Doctors, who for over 27 years, has been providing expert advice and treatment to thousands of Emirati women and families. We will be launching our first ‘specialty clinics’ with two Dr. Oras IVF Centres later in 2015.
These latest additions to the AAH family are further evidence of our ambition to build the leading integrated healthcare group in the UAE,” said Mark Adams, Founder and Chief Executive Officer of Anglo Arabian Healthcare.
Mark Adams has over 30 years of experience in healthcare management, including as advisor to the UK government on the National Health Service. He has also served in the capacity of CEO for Denplan, AXA PPP Healthcare, Netcare UK, and UAE-based Gulf Healthcare International.
Health Bay is working towards opening 7 new medical centres during the first half of 2015 and these will include a new polyclinic in Motor City as well as a complex of 6 additional villas on Al Wasl Rd, Dubai that will house a dedicated Woman’s Centre with specialty services for breast cancer screening and treatment, a major centre of excellence for gynaecology and obstetrics together with our Dubai based Dr. Oras IVF centre. This campus will also host a reference laboratory and radiology centre of excellence.
“Partnering with Anglo Arabian Healthcare has been an exciting milestone for us. With our combined clinical and management expertise we aim to become one of the strongest healthcare providers in the region and have a range of expansion plans that will be rolled out in 2015, opening world class facilities and introducing cutting edge medical services,” added Dr Kamal Akkach, CEO and Founder of the Health Bay Group.
There are plans to launch the very first Health Bay Hospital in 2016.
Dr. Oras Sharif is a leading Specialist Gynaecologist in the UAE and has been successfully practicing in Sharjah for over 27 years. Her reputation is such that Dr. Oras sees and treats over 100 female patients each day and is excited that the partnership with AAH allows the practice to expand in Sharjah and launch in Dubai.
With fertility rates dropping globally, Anglo Arabian Healthcare plan to establish a state of the art IVF Centre in Dubai in partnership with Dr. Oras to offer assistance for couples wishing to start a family. Fertility rates in the UAE have drastically reduced from 5.23 children per female in 1980-1985 to 1.97 children per female in 2005-2010. [source]
The Arab Health Exhibition opens on the 26th- 29th of January 2015 and this year celebrates its 40th Anniversary, welcoming more than 4,000 exhibitors from 70 countries across the globe along with over 93,500 local and international visitors.
The Anglo Arabian Healthcare exhibition stand is located on concourse 1, CB-123.
About Anglo Arabian Healthcare
Anglo Arabian Healthcare is the fastest growing integrated healthcare provider in the UAE. With an ambitious and innovative growth strategy for quality assured clinics, hospitals and tertiary care centers underpinned by world class diagnostics, the intention is to become one of the largest, most clinically respected healthcare provider in the UAE.
Established in early 2012 and based in Dubai Healthcare City, the AAH portfolio currently consists of 25 healthcare assets located across the UAE that currently include two hospitals, 10 medical centres, diagnostics, laboratories and a network of pharmacies. The group employs over 660 people together with 120 Doctors.The Anglo Arabian Healthcare group is majority owned by Abu Dhabi-listed investment company, Waha Capital and is led by AAH’s Founder and CEO, Mark Adams. For more information, please visit www.angloarabian-
About Waha Capital
Waha Capital is a publically listed leading Abu Dhabi-based investment company, whose aim is to build sustainable and attractive returns for its shareholders by managing and deploying capital in areas where the company sees opportunity and can add value. The investment company’s activity is spread across various sectors, which currently include aircraft leasing, financial services, healthcare, offshore services for oil and gas and real estate development. Waha Capital operates at the centre of a strong business network in the United Arab Emirates and the wider Middle East region, enjoying a close affiliation with some of Abu Dhabi's key investment and financial institutions. Waha Capital's institutional shareholders include Mubadala Development Company. For more information, please visit www.wahacapital.ae
Anglo Arabian Healthcare