‎UAE’s Burjeel working on Saudi investment plans, explore possible opportunities: Chairman

‎UAE’s Burjeel working on Saudi investment plans, explore possible opportunities: Chairman

UAE-based Burjeel Holdings is mapping out the latest plans to launch projects and initiatives for investment in Saudi Arabia, CEO Shamsheer Vayalil told Argaam.

He added that despite the challenges of coronavirus and the current global economic climate, the group continues to achieve strong growth in its business.

The group recorded revenues of AED 3.351 billion in 2021, which represents a compound annual growth rate (CAGR) of 18% from 2019-2021.

Vayalil added that Burjeel targeted the Kingdom's healthcare market for several years, hence recent entry is a target and a logical step for the company, noting that Vision 2030 allows the firm to contribute to making the Kingdom and the region as a global destination for medical tourism and home to the world’s best specialized hospitals.

Further, the CEO said demand for high-quality complex care will continue to increase, whether from patients directly or with government assistance in line with Vision 2030, with a strong focus on ensuring positive health outcomes for citizens and residents in the Kingdom.

Burjeel has direct operations through diagnosis and treatment, and aspires to provide wide-scale healthcare services across the Kingdom, Vayalil said, adding that there is a demand for oncology and diagnostics in the near term to bring the