UAE’s GII to Acquire Stake in Saudi Health Company

uae, saudi, company, gii, stake,
UAE
  • Date: 14-Sep-2021
  • Source: Al Bawaba
  • Sector: Healthcare
  • Country: UAE
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UAE’s GII to Acquire Stake in Saudi Health Company

UAE-based Gulf Islamic Investments, GII, is planning to expand into Saudi Arabia with a deal to buy a stake in a Saudi healthcare company.

GII Ventures into Saudi Arabia

The deal will be sealed for around $600 million, co-founder Mohammed Alhassan told Bloomberg in an interview.

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