October 13, 2021

UAE’s Yas Holding to manage, operate Al-Azhar University Hospital


ArabFinance: Global Medical Solutions International (GMSI), the healthcare management company of the UAE-based Yas Holding, signed a strategic partnership to manage and operate Egypt’s Al-Azhar University Specialized Hospital, marking its foray into the Egyptian healthcare industry, Zawya reported.

The deal is considered first of its kind in Egypt’s healthcare sector. However, Yas Holding did not provide more details about the contract, including its value.

Suresh Vaidhyanathan, Group CFO at Yas Holding, said that the public-private partnership (PPP) between Yas Holding’s Global Medical Solutions International (GMSI) and Al-Azhar Al Sharif in Egypt will boost the company’s healthcare portfolio.

Yas Holding’s healthcare portfolio includes biopharma, medical supply chain provision, hospital and clinic management, manufacturing and healthcare technology.

arabfinance


Categories : healthcare

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