Audacia Capital to invest AED 180m in Dubai

Dubai – Mubasher: Audacia Capital Investment Bank on Tuesday announced that it is leading a consortium of investors from Saudi Arabia and Qatar to pump AED 180 million ($49 million) into a new health facility in Dubai.

The bank partnered with Abdul Karim Msaddi, the founder of Neuro Spinal Hospital, to establish a specialised centre in neurosurgery, spinal surgery, and a developed tumor treatment centre in Dubai, and provide the most developed radiotherapy treatments locally and internationally, according to a statement.

The project will be inaugurated by the end of 2018 with a capacity of 120 beds, the statement added.

Mubasher Contribution Time: 16-May-2017 13:50 (GMT)
Mubasher Last Update Time: 16-May-2017 15:22 (GMT)