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National Investor to spend $70m in regional health services
- United Arab Emirates: Thursday, May 14 - 2009 at 10:46
Yahya Jalil, Director of Private Equity Division at The National Investor has told Khaleej Times that the firm plans to invest around Dhs257.6m ($70m) on various regional healthcare service sector initiatives, including setting up a medical simulation and training centre, recertification services, disease management centre and health records management. "The capital for each business is between $10m and $15m each. We plan to expand it as time goes on," Jalil said, adding that the investments will largely be in the UAE, starting with Abu Dhabi.
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StaffThursday, May 14 - 2009 at 10:46 UAE local time (GMT+4)
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