News article in McDonald’s website confirms that after more than 30 years of operations in the country, McDonald’s Corporation...

Economy

McDonald’s To Exit from Russia after 30 Years of Service in the Country

The dollar slipped against other major currencies for a third straight day on Tuesday, tempering a long rally as investors cashed out and trimmed bets on U.S...

Stock Markets

Dollar Slipped against other Major Currencies as Focus turns to Growth

Asian shares rise on Tuesday, boosted by technology majors, as hopes expectation grow for an easing of China's regulatory crackdown on...

Stock Markets

Asian Shares Rise on High Expectation of Easing China Tech Crackdown

On Friday, Elon Musk revealed that his $44 billion takeover deal for Twitter Inc. has been put “temporarily on hold”, triggering a share plunge...

Stock Markets

Musk’s $44 Billion Twitter Acquisition Deal ‘on Hold’ Causing Shares to Plunge

His Highness Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates and Ruler of Abu Dhabi, has passed away on Friday, May 13, aged 73...

World

RIP: UAE’s Sheikh Khalifa Bin Zayed Al Nahyan Passes Away

Economy

5 Jan 2022

Abu Dhabi’s ADQ Set to Create UAE’s Largest Healthcare Firm

Abu Dhabi’s ADQ Set to Create UAE’s Largest Healthcare Firm

The Index Today

ADQ, one of Abu Dhabi’s premier wealth fund companies, is gearing up to form the largest healthcare facility in the United Arab Emirates known as Pure Health, to meet the mounting need for health services in the country.

According to ADQ’s CEO, Mohamed Hassan Alsuwaidi, “Pure Health will be instrumental in transforming the provision of healthcare as we consolidate several companies into the platform.” Pure Health will comprise Abu Dhabi Health Services Co. (SEHA), National Insurance Co. (Daman), Yas Clinic Group, Tamouh Healthcare, and Abu Dhabi Stem Cell Center, with ADQ owning the majority of shares.

In a statement released on Wednesday, Mohamed Thani Murshed Al Rumaithi, the Chairman of Abu Dhabi Holding, said, “Going forward, Pure Health will actively seek expansion opportunities globally to further diversify its portfolio and leverage its success in the UAE.”

©Photo: khaleejtimes