5 Jan 2022
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.”