$ 1.6 billion partnership between NMC and Immunity

26 10 2018

The company has signed. Mr. Has signed a Memorandum of Understanding with Hasana Investment Company, the investment arm of the General Social Insurance Organization in Saudi Arabia, as part of the Future Investment Forum in Riyadh, where both parties wish to develop a network of high quality of hospitals and health facilities and provide more than 3,000 beds over a period not exceeding three years.

As part of this partnership, more than 6 billion riyals will be invested over the next five years and more than 10,000 jobs will be created.

The memorandum of understanding was signed by Khalifa Bin Butti Al Muhairi, vice president of health care of the CNC, and by Hasana Sulaiman Bin Abdulrahman Al Qweiz, governor of the General Organization for Insurance in the kingdom.

Investment Opportunities

Khalifa Al Muhairi emphasized the importance of signing the Memorandum of Understanding with Hasana Investment Company, which will help improve the medical sector of the Kingdom of Saudi Arabia and strengthen strong fraternal relations between the Kingdom of Saudi Arabia and the United Arab Emirates.

"Our participation in the forum on future investment initiatives in Riyadh has attracted a lot of attention by examining the investment opportunities available in the Kingdom's medical sector and the role Ann can play." If Health Care will contribute to the development of this vital and important sector through a network of hospitals and medical care facilities that will provide the best medical care services to citizens and residents of Canada. 39, Saudi Arabia.

Complete Renaissance

He added: Saudi Arabia is witnessing a complete renaissance in various sectors and fields, including health and medical, thanks to the vision of Saudi Arabia by 2030, which will play an important role in achieving Kingdom-led leadership and sustainable growth.

MSC Healthcare has announced a strategic plan for the operation and management of hospitals and health facilities in Saudi Arabia over the next five years, in accordance with a specific mechanism and schedule that correspond to to the real needs of the health sector and align with the 2030 vision of Saudi Arabia, which includes a partnership with the private sector Development Service Programs.

© Declaration 2018