KSA Business: Top healthcare group Burjeel unveils big Saudi plans – Gulf Digital News

KSA Business: Top healthcare group Burjeel unveils big Saudi plans – Gulf Digital News

Burjeel Holdings has signed a MoU with the Saudi Arabia’s Ministry of Investment which will see the UAE-founded private healthcare Group partner and collaborate with KSA institutes and healthcare organizations, and invest up to $1 billion in the kingdom by 2030.

A leading healthcare services provider in Mena, Burjeel is operator of 39 hospitals and medical centers. It had recently reported solid revenue in FY 2021 hitting AED3.35 billion, representing a 18% compound annual growth rate over the three-year period 2019-2021

Announcing its big Saudi plans, Burjeel said it will seek investment opportunities through joint ventures and PPP models to establish and expand various healthcare offerings across KSA, including an industry-leading healthcare network that will include specialty medical centers, day surgery capability, digital health ventures, comprehensive super specialty hospitals and clinical research programs.

Its research commitments include exploring innovation in areas of cancer prevention, screening and therapy.

In addition to healthcare services delivery, Burjeel will also work through MISA in areas of humanitarian aid and international healthcare volunteering.

The Group is in discussions with various private sector providers and leading public sector hospitals in KSA to deliver these services and expects to begin formalizing collaboration agreements over the coming months.

Founded in 2007, Burjeel Holdings is