Earlier this year, the pharmaceutical arm of Fosun International, a Chinese company with a market cap of over 13 billion USD, announced a1.3 billion USD buyout of India based Gland Pharma. Chinese companies are increasingly making healthcare deals abroad in order to become relevant and active players in the global healthcare market. The domestic market…
The Abu Dhabi Investment Authority, which has been the primary investment vehicle of the UAE government for the past 40 years, has seen a drop in its long-term gains. The fund’s assets are expected to drop to 475 billion USD at the end of 2016, down from an estimated 502 billion USD at the end…
The US healthcare sector is making rapid strides in recovering from the level of risk present in the sector in 2015. According to Michael Palumbo, founder of Third Millenium trading, the US healthcare sector “is now at a level where investors can begin to accumulate long positions without nearly the risk there was a year…
The investment arm of the Kingdom of Bahrain, Mumtalakat Holding Company, has announced the recent successful acquisition of an equity stake in KOS Group, a European healthcare group that provides long-term care and rehabilitation services, as well as hospital equipment management, cancer care services and diagnostics. Based in Italy, KOS Group operates over 76 dedicated…
Healthcare spending is on the rise throughout the GCC (Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman and Bahrain). In the UAE, more and more private players are being encouraged to enter the healthcare sector. Healthcare spending in the country is expected to rise from last year’s 10.7 billion to USD to 19.5 billion…
Middle Eastern investors have a well-known fondness for investing in Europe. This is perhaps highlighted most visibly in the purchase of iconic hotels in London and Paris, and the acquisition or sponsorship of high-profile football teams. These types of investment are popular for good reason: prime property in major cities provides a reliable stream of…
Investors based in the Middle East are increasingly recognising the wealth of opportunity available in India’s healthcare market, which is developing rapidly. Its development is rising on an incoming tide of foreign capital, provided mainly by institutional investors from liquid markets like the Gulf Cooperation Council (GCC) – a region comprising the oil-rich nations of…
With US government healthcare spending on a steady rise, foreign investors are turning to US healthcare in pursuit of a reliable stream of revenue. These include Russian billionaire Mikhail Fridman, who – like many investors in the Middle East – is now looking beyond oil for viable investment opportunities. Along with three fellow Alfa Group…
VPS Healthcare, an integrated healthcare provider based in the United Arab Emirates, has recently acquired majority stakes in several hospitals in India. These include the Manesar, Qutub and Dwarake (NCR) hospitals owned by hospital chain Rockland, and Lakeshore hospital in Kochi. The investment was worth a total of 222 million USD, according to Times of…
The Middle Eastern healthcare sector is booming, prompting investors to look beyond their own region for technology and innovation that could help with the development and expansion of medical services within the Middle East. With major healthcare projects like the Middle East Healthcare Company (MEAHCO) raising 3.2 billion USD from an initial public offering, with…