The UAE's largest healthcare network has been created following an agreement between state holding company ADQ and Alpha Dhabi Holding.
In a statement Alpha Dhabi said part of the deal will see Abu Dhabi Health Services Company (SEHA) and the National Health Insurance Company PJSC (Daman) merge in to Pure Health.
Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Centre will also become part of the group, offering a diversified portfolio of hospital management, laboratory services, medical supplies and healthcare.
Mohamed Hassan Alsuwaidi, Chief Executive Officer of ADQ, said, "Pure Health will be instrumental in transforming the provision of healthcare as we consolidate several companies into the platform."
Mohamed Thani Murshed Al Rumaithi, Chairman of Alpha Dhabi Holding, added that the "unique eco-system, with a keen focus on combining technology with healthcare, creates a scalable platform for international growth, driving recognition and value for the nation and our investors".
ADQ will become the largest shareholder in Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.
The transaction is subject to customary closing conditions, including regulatory approvals.
We plan to create the UAE’s largest healthcare platform by consolidating several companies - including our portfolio companies @SEHAHealth and @DamanInsurance - within @PureHealthae. pic.twitter.com/bShUf6BjfE— ADQ (@Adq_Official) January 5, 2022