GE Healthcare strengthens Saudi presence with new El Seif joint venture

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About El Seif Development Group:
The health care sector in the Kingdom of Saudi Arabia has taken huge strides over the last few decades. We, at El Seif, are proud to have made a significant contribution to this development. El Seif Development was set-up in 1975 as an establishment, marking the entry of El Seif in health care. In 1983, the establishment was converted into as a limited liability company. It was about this time that the Company consolidated its position and laid the basis of a strong structure, in anticipation of what was to come.

Offering a whole range of products that cater to every specialty in a hospital, El Seif Development Group focuses on consultancy services and execution of turnkey health care projects. It represents major hospital equipment, systems manufacturers and pharmaceutical companies. It has a number of joint ventures with European and U.S. companies in the medical field in Saudi Arabia. It has shareholdings in private hospitals, and its investments extend to the field of environment protection amongst others. The El Seif Development Group is a part of the larger El Seif Group that includes engineering and contracting divisions and companies specializing in the management and operation of hospitals. The El Seif Group ranks among the topmost companies of Saudi Arabia.

About GE Healthcare: GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform, treat and monitor disease, so patients can live their lives to the fullest. GE Healthcare's broad range of products and services enable healthcare providers to better diagnose and treat cancer, heart disease, neurological diseases and other conditions earlier. Our vision for the future is to enable a new "early health" model of care focused on earlier diagnosis, pre-symptomatic disease detection and disease prevention. Headquartered in the United Kingdom, GE Healthcare is a $17bn unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employs more than 46,000 people committed to serving healthcare professionals and their patients in more than 100 countries.

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