This initiative is set to create a new benchmark for the development and promotion of healthcare services in the Middle East.
Under the terms of the 15-year agreement, Cleveland Clinic will establish, develop and operate a world class specialty hospital and clinic in Abu Dhabi, United Arab Emirates (UAE), using the Cleveland Clinic systems, procedures, guidelines and standards. The hospital will incorporate Cleveland Clinic's medical group model, providing a spectrum of specialty services that will be planned and developed based on the results of a comprehensive health economic impact study. The result of the agreement will therefore be an extension of Cleveland Clinic's model of medicine and clinical capabilities in Abu Dhabi.
The agreement between the two parties was signed at the Emirates Palace in Abu Dhabi, in the presence of His Highness General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. The two signatories were H.E. Khaldoon Khalifa Al Mubarak, CEO and Managing Director of Mubadala Development and Dr. Delos M. 'Toby' Cosgrove, M.D., Chief Executive Officer of Cleveland Clinic. The signing took place after a briefing on the new agreement and the initiative to senior government officials.
The site of the new hospital will be on Al Suwwa Island, located close to the Mina Zayed Port, and across from Abu Dhabi Mall. It is scheduled to be operational in three years.
Speaking following the briefing, His Highness Sheikh Mohammed said: 'Attracting the world's best healthcare institutions and professionals to Abu Dhabi is a key component of the government's health policy. This agreement represents another step in the realization of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE's vision to provide the people of the UAE with the best healthcare facilities in the world.'
Present at the briefing were representatives of the board of Cleveland Clinic together with senior representatives of the hospital's medical staff and administration. The briefing was attended by Federal Ministers, members of Abu Dhabi's Executive Council, senior representatives of the General Authority for Health Services and senior representatives of the Abu Dhabi private healthcare sector.
'We are thrilled to be partnering with Mubadala Development and Abu Dhabi to advance the delivery of health care to the citizens in the region,' said Dr. Cosgrove. The Cleveland Clinic has a longstanding history of excellence in clinical care, research, and education. We are truly proud to be a part of this unique and exciting opportunity and to continue our longstanding relationship in the Middle East'
H.E. Khaldoon Al Mubarak stated that 'this is the first deal of its kind, and as such it creates a sustainable benchmark, that not only fast tracks healthcare for the people of Abu Dhabi and the UAE, but also for the region as a whole. Cleveland Clinic's involvement in this venture ensures the ongoing provision of quality healthcare services, cutting edge technology and continuous medical education.'
An extensive health economic impact study is currently under way, that will determine the exact national and regional requirements for the Cleveland Clinic Abu Dhabi. Government representatives were informed that when complete (Early 2007) the study will identify the specialties, associated facilities and capacities that the hospital will include.
Cleveland Clinic and Mubadala Development to create Cleveland Clinic Abu Dhabi
Cleveland Clinic (USA) and Mubadala Development (Abu Dhabi) today signed an agreement to establish a preeminent world-class hospital in Abu Dhabi to be known as Cleveland Clinic Abu Dhabi.
- United Arab Emirates: Wednesday, September 13 - 2006 at 15:55
- PRESS RELEASE
See Also
Notes and media contacts
About Cleveland ClinicCleveland Clinic, located in Cleveland, Ohio, is a not-for-profit multispecialty academic medical center that integrates clinical and hospital care with research and education. Cleveland Clinic was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. U.S. News & World Report consistently names Cleveland Clinic as one of the nation's best hospitals in its annual 'America's Best Hospitals' survey. Approximately 1,800 full-time salaried physicians at Cleveland Clinic and Cleveland Clinic Florida represent more than 100 medical specialties and subspecialties. In 2005, there were 2.9 million outpatient visits to Cleveland Clinic. Patients came for treatment from every state and from more than 80 countries. There were nearly 54,000 hospital admissions to Cleveland Clinic in 2005.
About Mubadala Development
Mubadala Development is a Public Joint Stock company, established and wholly owned by the Government of the Emirate Abu Dhabi. Its mission is to invest in commercially-viable, strategic, industrial and commercial partnerships.
The company manages a diversified portfolio of local, regional, and international investments. International investments include the Dutch fleet management giant LeasePlan Corporation (25% stake), and a stake in nine oil exploration blocks in Libya. Stakes are also held in the Italian luxury car manufacturer Ferrari (5%) and Piaggio Aero Industries (35%).
In the United Arab Emirates and wider Gulf region, Mubadala Development has invested in, and developed, a number of leading projects including the first GCC cross-border natural gas project, Dolphin Energy (51% majority stake), Aldar Properties, National Central Cooling Company, Abu Dhabi Ship Building, Imperial College London Diabetes Center in Abu Dhabi, Injazat Data Systems, and the Mukhaizna Oil Field developments in Oman.
Mubadala Development signed a joint development agreement with Dubai Aluminum Company (DUBAL) to develop, construct, own and operate a USD6-billion world class green-field aluminium smelter complex with 1.2-million tone capacity a year at the Khalifa Port and Industrial Zone in Abu Dhabi.
Mubadala Development is also leading the development of the UAE University's new campus in Al Ain City through a public-private partnership initiative.
Mubadala Development also prides itself on the creation of numerous strategic alliances and associated projects. Current alliance partners include Dubai Aluminum Company (DUBAL), Rolls-Royce, and Shell.
Public & Media Relations
9500 Euclid Ave. /W-14
Cleveland, OH 44195
216/444-0141
Fax: 216/445-3040
Mubadala
Abdulla Khouri
Tel: +971 2 616 0100
Fax: +971 2 616 0098
Posted by Lara Lynn Golden, News EditorWednesday, September 13 - 2006 at 15:55 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Browse related articles







Web Feeds