Dubai – Mubasher: The UAE-based MBF Group Holdings and Establishments will implement two medical cities at a combined value of AED 3.65 billion in Saudi Arabia and Egypt.
The two cities will feature the state-of-the-art techniques and equipment, MBF Group added.
The group aims to inaugurate the Jumeirah Beach Residence (JBR) hospital next September, in addition to completing the largest hospital project in Dubai, according to Albayan newspaper.
The healthcare provider started to build seven hospitals and 12 healthcare centres in Abu Dhabi and Dubai with a total cost of AED 2.5 billion, the group’s chairman Mohammed bin Faisal Al Qasimi said.
MBF also plans to establish the largest hospital in the private health sector in Dubai that will include 450 beds, Al Qasimi added.
The company's investment in Saudi Arabia included building the medical city in Medina in collaboration regulatory authorities with a cost of AED 3 billion.
While MBF’s medical city in Egypt will be set up in Madinaty project with more than AED 650 million in investments.
Egypt’s project will be completed within three years, and establishments will start by the second half of 2018, the chairman noted.
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Al Qasimi indicated that the group aims to add between 1,800 and 2,000 beds in the UAE in the coming four or five years.
MBF will open the first specialised cancer treatment hospital in the GCC nation in January 2018 with a cost of AED 190 million that includes 60 beds.
The company will establish a hospital in Al Reem Island at a value of AED 320 which will focus on gynaecology, childbirth, rehabilitation, and heart diseases.
