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Expansion Plan by GHI Initiated in UAE

Abu DhabiSix new facilities will be added costing Dh100 million following two funds made strategic investments in Gulf Healthcare International (), a major healthcare services provider. Two private equity funds managed by JP Morgan Asset Management, including JP Morgan Private Equity Limited were announced to earned stake in the company as part of recapitalization plan to fund growth, replacing the Varkey Group as a shareholder. Dr Joseph’s Clinics includes three existing medical practices are part of GHI expansion plan; which offer a variety of primary healthcare services and have a substantial local following of over 300,000 patients.

Mark Adams, CEO of Gulf Healthcare International said “It is a great testament to the strategy and performance of all of our brands that an investor of JP Morgan‘s pedigree would choose to back our team; we look forward to rewarding their confidence with continued strong performance in this sector”. Deira witnessed today the launching of a new 22,000 sqft clinic coasting Dh25 million, staffed with 15 medical specialists and supported by 50 nurses. Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Culture & Arts Authority initiated the clinic.

Linda Marshall, COO for GHI commented “We are delighted to see our first Amber Clinic in the open on the 15th of September. We have been developing the concept of large polyclinics with minor surgery, endoscopic suites, and physiotherapy rehabilitation and up to 20 doctors practicing under one roof, for some time. The set-up in Rigga Road is the first of six clinics opening over the next six months in the UAE and will join our established Amber Clinic center in Kuwait, in raising standards in primary care”.

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