{"id":634751,"date":"2018-01-23T04:18:13","date_gmt":"2018-01-23T04:18:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/nmc-healthcare-signs-om-contracts-to-manage-dar-al-fouad-as-salam-hospitals\/"},"modified":"2018-01-23T04:18:13","modified_gmt":"2018-01-23T04:18:13","slug":"nmc-healthcare-signs-om-contracts-to-manage-dar-al-fouad-as-salam-hospitals","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/nmc-healthcare-signs-om-contracts-to-manage-dar-al-fouad-as-salam-hospitals\/","title":{"rendered":"NMC Healthcare signs O&#038;M contracts to manage Dar Al Fouad, As-Salam hospitals"},"content":{"rendered":"<p><strong>NMC Healthcare signs O&M contracts to manage Dar Al Fouad, As-Salam hospitals:<\/strong> UAE-based hospital operator NMC Healthcare signed operation and management (O&M) contracts with Emirates Healthcare Group to manage the latter\u2019s two Egyptian hospitals, Dar Al Fouad and As-Salam, according to the <a href=\"http:\/\/wam.ae\/en\/details\/1395302661656\">Emirates News Agency<\/a>. The two hospitals have a combined capacity of 860 beds. NMC should take in revenues of c. USD 2 mn in the first year of the agreement, the site suggests.<\/p>\n<p><strong>NMC also announced yesterday two separate acquisitions worth a combined USD 207 mn<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/us-emirates-nmc-health\/uaes-nmc-health-makes-two-gulf-acquisitions-worth-207-million-idUSKBN1FB115\">Reuters reports<\/a>. NMC acquired a 70% stake in Emirati cosmetic surgery provider CosmeSurge for USD 170 mn, in addition to an 80% stake in Saudi Arabia\u2019s Al Salam Medical Group for USD 37 mn. The two transactions are expected to be complete in 1Q2018 and 1H2018, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NMC Healthcare signs O&#038;M contracts to manage Dar Al Fouad, As-Salam hospitals: UAE-based hospital operator NMC Healthcare signed operation and management (O&#038;M) contracts with Emirates Healthcare Group to manage the latter\u2019s two Egyptian hospitals, Dar Al Fouad and As-Salam, according to the Emirates News Agency. The two hospitals have a combined capacity of 860 beds. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634751","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"99fbd104-4726-4d41-aecb-4edb3ea8910f","order":"0","is_powered_by":true,"section_story_id":"b5384ecd-0888-4840-a09f-716bfd6426b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634740],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NMC Healthcare signs O&amp;M contracts to manage Dar Al Fouad, As-Salam hospitals - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/nmc-healthcare-signs-om-contracts-to-manage-dar-al-fouad-as-salam-hospitals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NMC Healthcare signs O&amp;M contracts to manage Dar Al Fouad, As-Salam hospitals\" \/>\n<meta property=\"og:description\" content=\"NMC Healthcare signs O&amp;M contracts to manage Dar Al Fouad, As-Salam hospitals: UAE-based hospital operator NMC Healthcare signed operation and management (O&amp;M) contracts with Emirates Healthcare Group to manage the latter\u2019s two Egyptian hospitals, Dar Al Fouad and As-Salam, according to the Emirates News Agency. The two hospitals have a combined capacity of 860 beds. 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NMC, which is poised to become the second-biggest non-state healthcare provider in Saudi Arabia, says it needs to study Egypt further before pressing ahead\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636265,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/nmc-in-talks-to-acquire-alameda-health-care\/","url_meta":{"origin":634751,"position":1},"title":"NMC in talks to acquire Alameda Health Care","author":"enterpriseam admin","date":"28 December 2017","format":false,"excerpt":"M&A WATCH- UAE-based hospital group NMC Healthcare is reportedly in talks to acquire Alameda Healthcare, sources told Al Mal. Fahad Khater\u2019s Alameda owns shares in the Dar Al Fouad and As-Salam International Hospitals in Egypt. The transaction could be executed through share-swap through which NMC would take over Alameda and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568329,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/27\/chg-alameda-merger-this-week\/","url_meta":{"origin":634751,"position":2},"title":"CHG + Alameda merger this week?","author":"enterpriseam admin","date":"27 December 2020","format":false,"excerpt":"EGX-listed Cleopatra Hospital Group and Alameda Healthcare Group are on track to reach an agreement on their planned merger before the year is out, Bloomberg reports, citing people familiar with the matter. Alameda could be valued at USD 450-500 mn, including debt, Bloomberg\u2019s sources say. The transaction would see CHG\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568369,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/28\/healthcare-mega-merger\/","url_meta":{"origin":634751,"position":3},"title":"Healthcare mega-merger","author":"enterpriseam admin","date":"28 December 2020","format":false,"excerpt":"Cleopatra Hospitals Group (CHG) has acquired 100% of Alameda Healthcare Group\u2019s Egypt assets in a sale and purchase agreement that would see the two healthcare service providers merge their operations in Egypt, CHG announced (pdf) yesterday morning. The transaction will see CHG control and operate Alameda\u2019s facilities, including Dar El\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/457.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557457,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/","url_meta":{"origin":634751,"position":4},"title":"Alameda to double investments in Egypt over the next 5 years","author":"enterpriseam admin","date":"20 September 2021","format":false,"excerpt":"Alameda to double Egypt investments in the next 5 years: Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5 years to expand its services in Egypt, it announced in a statement (pdf) yesterday. The company will invest the funds into facilities in the new administrative capital,\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572305,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/cleopatra-denies-alameda-merger-happening-this-week\/","url_meta":{"origin":634751,"position":5},"title":"Cleopatra denies Alameda merger happening this week","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"M&A WATCH- Cleopatra denies Alameda merger happening this week: The EGX-listed Cleopatra Hospital Group last week dismissed reportsthat its planned merger with Alameda will take place this week, according to a regulatory disclosure (pdf). The local press reported last week that the Egyptian Competition Authority will not seek to block\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634751"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634751\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634740"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634751"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634751"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}