Mubadala Health and Mumtalakat jointly explore establishing a long-term care facility in Bahrain

Mubadala Health and Mumtalakat jointly explore establishing a long-term care facility in Bahrain

- Facility looks to address the underserved market of long-term care in the Kingdom of Bahrain

- The collaboration introduces a new model of care that will support the Kingdom of Bahrain in providing a full continuum of high-quality healthcare to its patients

Abu Dhabi, UAE: Mubadala Health, the integrated health network of Mubadala Investment Company (“Mubadala”), the Abu Dhabi-based sovereign investor, and Bahrain Mumtalakat Holding Company (“Mumtalakat”), the sovereign wealth fund of the Kingdom of Bahrain, are exploring a potential joint venture to set up a long-term care and post-acute rehabilitation facility in Bahrain that will be operated by Amana Healthcare, a Mubadala Health Partner.

The proposed facility will bring Mubadala Health’s renowned expertise in the field of post-acute health services to the Kingdom of Bahrain to provide the highest quality of treatment to the currently underserved patients requiring long-term care. Patients with complex medical needs will now be able to receive long-term care and post-acute rehabilitation. The offering of these services within a specialized facility will also alleviate the pressure on the healthcare system by freeing up bed capacity in acute hospitals across the Kingdom.

Commenting on the announcement, H.E. Khalid Al Rumaihi, Chief Executive Officer of Mumtalakat, said: "Our strategic collaboration