{"id":101112,"date":"2025-02-26T00:00:00","date_gmt":"2025-02-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/burjeel-secures-aed-225-mn-contracts-for-uae-sudan-and-chad-healthcare-facilities\/"},"modified":"2025-02-26T00:00:00","modified_gmt":"2025-02-26T00:00:00","slug":"burjeel-secures-aed-225-mn-contracts-for-uae-sudan-and-chad-healthcare-facilities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/02\/26\/burjeel-secures-aed-225-mn-contracts-for-uae-sudan-and-chad-healthcare-facilities\/","title":{"rendered":"Burjeel secures AED 225 mn contracts for UAE, Sudan and Chad healthcare facilities"},"content":{"rendered":"

HEALTHCARE-
Burjeel <\/strong>Holdings secured AED 225 mn in operati<\/strong>ons and management healthcare <\/strong>contracts<\/strong>, according to an ADX<\/a>disclosure (pdf)<\/a>. The agreements cover Abu Dhabi Judicial Department (ADJD) Clinics, Khalifa Bin Zayed Al Nahyan Foundation Hospitals, and Adnoc Das Hospital.<\/p>\n

The details: <\/strong>Burjeel will operate five ADJD clinics in Abu Dhabi and Al Ain, including the construction of a new Al Wathba Clinic. It will also oversee field hospitals in South Sudan (100 beds) and Chad (50 beds) under the Khalifa Foundation, as well as 20 beds at Adnoc Das Hospital on Das Island, providing comprehensive medical services for Adnoc\u2019s workforce.<\/p>\n

REAL ESTATE-<\/p>\n

#1- <\/strong>Palma<\/a><\/strong>Development<\/a><\/strong> launched Se<\/strong>renia District in Jumeirah Islands<\/strong>, a AED 5 bn residential community spanning 600k sq ft with a built-up area of 3.5 mn sq ft, according to a press release<\/a>. The project comprises six integrated towers and lifestyle zones, including the Serenia Signature Clubhouse. The first phase, West Residence, introduces a 46-story tower featuring 419 upscale homes with scenic views.<\/p>\n

#2- <\/strong>Richmind enters U<\/strong>AE market: <\/strong>Property developer Richmind, a business vertical of RichMind Holdings<\/a>, is entering the Emirati market with 1k units set to be delivered this year, it said in a press release<\/a>. The first project is set to be at the Al Marjan Island in Ras Al Khaimah, and developed in collaboration with Zaha Hadid Architects<\/a>.<\/p>\n

CRYPTO-
#1- <\/strong>AFS <\/strong>partners with Ternoa to enable stablecoin payments in GCC: <\/strong>Bahraini digital payment solutions provider Arab Financial Services (AFS) partnered with PayFi network Ternoa Blockchain<\/a> to introduce stablecoin payments for merchants across the UAE and the wider Gulf Cooperation Council (GCC) region, according to a company statement<\/a>.<\/p>\n

The details: <\/strong>The partnership will leverage Ternoa\u2019s Athar, a decentralized consumer finance protocol, to facilitate secure and cost-efficient cryptocurrency transactions at point-of-sale (POS) terminals. <\/p>\n

#2- <\/strong>Circle\u2019s<\/strong> USDC and EURC gain regulatory approval in DIFC:<\/strong> Payment technology company Circle Internet Financial<\/a> secured approval from the Dubai Financial Services Authority (DFSA) to have its USDC and EURC stablecoins recognized as crypto tokens in the Dubai International Financial Centre (DIFC), according to a press release<\/a>.<\/p>\n

Why it matters: <\/strong>This is the first time stablecoins have been approved under the DIFC\u2019s crypto token regime, opening the door for banks and fintechs to integrate them into payments, treasury management, and more.<\/p>\n

SOUND SMART- <\/strong>Stablecoins are cryptocurrencies designed to maintain a steady value by pegging to assets, like a fiat currency (like the USD) or a commodity (such as gold). Their stability makes them ideal for payments, remittances, and finance\u2014without the volatility of traditional crypto.<\/p>\n

#3- <\/strong>Tokinvest <\/strong>+ DSG<\/strong> group partner on tokenized investmen<\/strong>ts: <\/strong>Dubai-based real-world asset tokenization marketplace Tokinvest<\/a> partnered with New Zealand\u2019s DSG Group<\/a> to develop blockchain-powered fractional ownership opportunities, starting with racehorses, stables, and siring rights, the company announced in a press release<\/a>.<\/p>\n

Why it matters: <\/strong>Traditionally, investments in racehouses have been limited to high-net-worth individuals or small investment syndicates. Tokenization aims to make the market more accessible.<\/p>\n

PAYMENTS-<\/p>\n

Network <\/strong>International partners with South Africa\u2019s MTN Fintech: <\/strong>Dubai-based Network International has been appointed as a payment processor and issuing partner for MTN Group Fintech, a South African mobile financial services provider, according to a company statement<\/a>.<\/p>\n

Why it matters: <\/strong>The partnership will drive financial inclusion by rolling out card issuance products across key African markets, starting with Rwanda, followed by Uganda, Ivory Coast, and Nigeria. Network International will provide transaction processing, card management, and online fraud prevention.<\/p>\n

TRANSPORT-<\/p>\n

Dubai <\/strong>partners with Amadeus to drive travel tech innovation: <\/strong>The Dubai Department of Economy and Tourism signed an MoU with global travel tech firm Amadeus<\/a> to create a city-wide ecosystem for rapid prototyping of travel technology solutions, according to a Dubai Media Office statement<\/a>. The collaboration aims to enhance Dubai\u2019s status as a hub for travel innovation and build on the record 18.72 mn international visitors the city welcomed in 2024.<\/p>\n

The details: <\/strong>As part of the agreement, Amadeus will establish a Center of Excellence in Dubai, focusing on biometric technologies, airport experience optimization, touchless payments, and air capacity development. It will also support startups and travel intelligence reporting for the hospitality sector.<\/p>\n

AVIATION-<\/p>\n

F<\/strong>lydubai <\/strong>adds Antalya to its summer network: <\/strong>Flydubai will launch daily flights to Antalya, Turkey, starting June 5, 2025, as part of its seasonal summer operations, Khaleej Times<\/a> reports. The Dubai-based airline will also resume flights to Bodrum and Trabzon between June and September, expanding its Turkish network to six destinations.<\/p>\n

The summer schedule:<\/strong> Antalya joins Flydubai\u2019s 2025 summer schedule, which includes 11 seasonal routes, such as Al Alamein, Batumi, Corfu, Dubrovnik, Mykonos, and Santorini.<\/p>\n

F&B-<\/p>\n

Pakistan\u2019s Bisconni lands in Kezad<\/strong>: <\/strong>Khalifa Economic Zone Abu Dhabi (Kezad) inked a 50-year land lease agreement with Pakistan\u2019s Ismail Industries snack subsidiary Bisconni<\/a> to develop an AED 110 mn (c. USD 30 mn) manufacturing facility in Kezad Al Ma\u2019mourah, according to a statement<\/a>. The 37k sqm hub \u2014 which aims to manufacture biscuits and confectionery goods \u2014 is part of the Pakistani firm's plans in bolstering its global footprints in international markets. <\/p>\n

INFRASTRUCTURE-<\/p>\n

Data <\/strong>analytics company Presight partnered with Albania\u2019s Interior Ministry to <\/strong>develop a nationwide AI-driven smart city project <\/strong>in the European country, according to a press release<\/a>. The project will introduce an AI-driven traffic management platform for urban monitoring and an advanced command center to centralize public services and emergency response operations. Covering 20 cities, the initiative aims to modernize infrastructure, enhance public services, improve healthcare access, and accelerate Albania\u2019s digital transformation.<\/p>\n

DEBT-<\/p>\n

A<\/strong> pote<\/strong>ntial credit rating upgrade for Masdar: <\/strong>Credit rating agency Moody\u2019s said it is reviewing Masdar<\/a> \u2019s A2 long-term issuer and senior unsecured credit ratings for an upgrade, Al Etihad<\/a> reports, citing an article<\/a> by Moody\u2019s. Its medium-term note program may also be upgraded depending on the review. Its current outlook is stable.<\/p>\n

The rationale:<\/strong> Commitment and funding from both Masdar\u2019s shareholders and the Abu Dhabi government have put Masdar in a strong position, Moody\u2019s said. The clean energy player\u2019s aim of reaching 100 GW<\/a> of renewable energy capacity by 2030 makes further funding and investment likely, as it continues to benefit from its credit linkages to the government, the agency said, adding that the rating will go up if Masdar\u2019s support base is revised upwards.<\/p>\n

INVESTMENT-<\/p>\n

Daman <\/strong>Investments is partnering with Soci\u00e9t\u00e9 G\u00e9n\u00e9rale to develop <\/strong>sustainable investment opportunities<\/strong>, according to a press release<\/a>. This initiative incorporates strict sustainability criteria, aligning with global ESG frameworks. Further details weren\u2019t disclosed. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: New crypto payment options and a credit rating review for Masdar<\/p>\n","protected":false},"author":1,"featured_media":101113,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[1552],"tags":[47,306,159,847,107,127,1110,1391,87,7,935,1423,678,131,161,1342,171,386,98,1367],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-101112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-banking","tag-burjeel-holdings","tag-crypto","tag-cryptocurrency","tag-daman","tag-debt","tag-dubai","tag-enterpriseam-uae","tag-flydubai","tag-food","tag-food-and-beverage","tag-healthcare","tag-infrastructure","tag-investment","tag-masdar","tag-moodys","tag-real-estate","tag-transport","wpautop","entry"],"acf":{"mongo_id":"20ce997d-cec7-4965-8f12-9a1ac287d64e","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/2484.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Burjeel secures AED 225 mn contracts for UAE, Sudan and Chad healthcare facilities","related_issue":[101091],"teaser":"PLUS: New crypto payment options and a credit rating review for Masdar","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.12d01feb-903b-4b32-a532-130763b6ec1f.mp3"},"yoast_head":"\nBurjeel secures AED 225 mn contracts for UAE, Sudan and Chad healthcare facilities - 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