Waha Capital enters UAE healthcare sector
United Arab Emirates-based Waha Capital recently announced its acquisition of new healthcare group Anglo Arabian Healthcare. Anglo Arabian Healthcare is a hospital, pharmacy, and clinic acquisitions and operations company with properties spanning the entire United Arab Emirates. Wahu Capital is among the leading investment companies in the UAE.
This acquisition expanded Waha Capital's portfolio. This also marked the company's initial penetration of the healthcare sector - an area that is predicted to have high growth potential. The UAE government verified its priority towards the healthcare sector.
Anglo Arabian Healthcare owns 16 assets, serving more than 400,000 outpatients in the country. The total ownership of the healthcare group employs over 300 workers, 60 of which are doctors. Some of the assets include a day-surgery facility in Sharjah, a multilevel hospital in Ajman, six clinics, three laboratories, and five pharmacies spread across the regions of Ajman, Abu Dhabi, and Sharjah.
The group also plans on adding pathology and radiology focused assets in the future.