{"id":87964,"date":"2024-01-15T00:00:00","date_gmt":"2024-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/abu-dhabi-is-getting-a-new-medical-city-adia-invests-in-indonesias-infrastructure\/"},"modified":"2024-01-15T00:00:00","modified_gmt":"2024-01-15T00:00:00","slug":"abu-dhabi-is-getting-a-new-medical-city-adia-invests-in-indonesias-infrastructure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/01\/15\/abu-dhabi-is-getting-a-new-medical-city-adia-invests-in-indonesias-infrastructure\/","title":{"rendered":"Abu Dhabi is getting a new medical city + ADIA invests in Indonesia\u2019s infrastructure"},"content":{"rendered":"<p class=\"tag-border-left\">HEALTHCARE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi will build a medical city dedicated to women and children\u2019s health<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/health\/khaled-bin-mohamed-bin-zayed-approves-establishment-of-medical-city-in-abu-dhabi-dedicated-to-women-and-childrens-health\/\" style=\"\" rel=\"noopener\">statement<\/a> from the Abu Dhabi Media Office. The facility will launch in 2027 and will include a new center of excellence \u2014 dubbed the Sheikh Khalifa Medical City (SKMC) center \u2014 for pediatric care, \u201cthe Corniche Hospital dedicated to women and newborns\u2019 health, a rehabilitation facility, and a mental health center for women and children,\u201d the statement read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about the medical city:<\/strong> The facility will be established by the Abu Dhabi Department of Health (DoH) in partnership with ADX-listed PureHealth, according to the <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/DoHSocial\/posts\/pfbid0aLdp3QaT3fo4DmtaGLY5Bb7QAsZwv6Kh8UJ8RPfLgqtdCUeQn7SodVY3YpwvsUX5l?__cft__[0]=AZWevQky2pg0TzjFkXRFbobA9oflSCg7qRPOsSrS2O43Shk3f0_Dfuimr9ZYOU1c7-EXwLvgixjxIk8ltW2DovT0SZ54_xcWNzF1a3J1IG0TJAkBFu4yRjoIJJ09ogSR-m7AaUGlXF8P1FjHbDfRDT415fgzk9VWE_q67UR-D6nEgNiI67j699WC7hNe1d1fxQisxSb67NpKnqjwxgQ8PZ46&__tn__=%2CO%2CP-R\" style=\"\" rel=\"noopener\">health department<\/a>. The Corniche Hospital will include 205 beds, while the center of excellence will have a capacity of 259 beds with a team of 200 doctors. <\/p>\n<p class=\"tag-border-left\">INFRASTRUCTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- ADIA invests in Indonesia\u2019s toll road investment platform:<\/strong> The Abu Dhabi Investment Authority (ADIA), the Dutch pension investor APG Asset Management (APG) and Indonesia's sovereign wealth fund (INA) have invested in Indonesia\u2019s Trans Java toll road platform, according to an ADIA <a target=\"_blank\" href=\"https:\/\/www.adia.ae\/media\/azure\/adia\/media\/2023\/01\/press-release-adia-and-apg-to-invest-in-trans-java-toll-roads.pdf\" style=\"\" rel=\"noopener\">press release<\/a>, which did not specify the exact amount of investments ADIA made. INA has already acquired for the platform seed assets that it thinks will unlock some USD 2.75 bn worth of investment in Indonesia\u2019s toll road networks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Back in 2021, a consortium that includes ADIA, the INA, Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ), and APG inked an MoU to establish Indonesia\u2019s first infrastructure investment platform some USD 3.75 bn in investment capacity, according to <a target=\"_blank\" href=\"https:\/\/www.cdpq.com\/en\/news\/pressreleases\/ina-cdpq-apg-and-adia-sign-memorandum-of-understanding-to-establish-indonesias\" style=\"\" rel=\"noopener\">CDPQ\u2019s press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Data analytics firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.presight.ai\/\" style=\"\" rel=\"noopener\">Presight<\/a><\/strong><strong> and Japan\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/hitachids.com\/?utm_source=google&utm_medium=paid-search&utm_campaign=MCloud.DS-HARC-twog-sem-harc-17d-All_Seg-APAC-OAPS-Q2-FY23&utm_keyword=hitachi%20digital%20services&gclid=CjwKCAiAqY6tBhAtEiwAHeRopXZMzfgxTBOjFhW4G6XDmBQY6Mlrs2vEewHkv1H2CfmWPhAdWXtqThoCA9kQAvD_BwE&gad_source=1\" style=\"\" rel=\"noopener\">Hitachi Digital Services<\/a><\/strong><strong> are working together <\/strong><strong>on <\/strong><strong>smart and cognitive city technologies<\/strong>, according to an ADX <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/848.pdf\" style=\"\" rel=\"noopener\">filing (pdf)<\/a>. Both parties will also explore solutions for urban planning, infrastructure, environmental and energy efficiency, along with the digitization and the integration of AI, the statement reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Vice President Sheikh Mohammed bin Rashid <\/strong><strong>Al Maktoum has approved a number of social housing projects for 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13pqdqu-mohammed-bin-rashid-approves-series-welfare\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The projects include distributing 3.5k land plots in an area dubbed Latifa City and another called Al Yalayis 5 to Dubai citizens in February, and some AED 5.5 bn, 2.3k ready-to-move-in houses, in various locations across the emirate, including Al Khawaneej 2, Al Aweer, Wadi Al Amardi, and Hatta to citizens. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Dubai establishes a center to address road flooding issues: <\/strong>Dubai's Road and Transport Authority (RTA) opened a joint flood management room to manage road flooding caused by heavy rain, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b15btqo-rta-launches-joint-flood-management-room-address\" style=\"\" rel=\"noopener\">Wam<\/a> reports. A designated team will use advanced technology to monitor traffic and response plans and deploy teams to mitigate and minimize the impact of flooding. <\/p>\n<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Borouge inks AED 160 mn two-year agreement with Naffco:<\/strong> Petrochemicals firm and Adnoc-Borealis JV <a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/Pages\/home.aspx\" style=\"\" rel=\"noopener\">Borouge<\/a> is set to provide fire protection systems manufacturer and supplier <a target=\"_blank\" href=\"https:\/\/www.naffco.com\/eg\/en\/\" style=\"\" rel=\"noopener\">Naffco<\/a> with sustainable polyethylene materials for its local and regional infrastructure projects under an AED 160 mn two-year agreement, a <a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/media\/Pages\/News\/Naffco.aspx\" style=\"\" rel=\"noopener\">press release<\/a> reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The projects:<\/strong> Supplies will go to Naffco\u2019s projects in <a target=\"_blank\" href=\"https:\/\/abudhabiculture.ae\/en\/experience\/museums\/guggenheim-abu-dhabi\" style=\"\" rel=\"noopener\">Guggenheim Museum<\/a>, Riyadh City, <a target=\"_blank\" href=\"https:\/\/www.bayut.com\/area-guides\/mbz-city\/\" style=\"\" rel=\"noopener\">Mohammad Bin Zayed City<\/a>, <a target=\"_blank\" href=\"https:\/\/www.yasisland.com\/\" style=\"\" rel=\"noopener\">Yas Island<\/a>, Dubai Hills, <a target=\"_blank\" href=\"https:\/\/thoe.com\/\" style=\"\" rel=\"noopener\">Heart of Europe Island<\/a>, and Etihad Water and Electricity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- ADX-listed RAK Properties sold out the inaugural phase of its latest residential <\/strong><strong>waterfront project, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.rak.realestate\/quattro-del-mar\/?gclid=CjwKCAiAqY6tBhAtEiwAHeRopYkq0PLYkSrK82ZI5MsuFPIGw2ckuUEhQxZ0g_MNDhGLXqRAZlnwtRoC3iIQAvD_BwE\" style=\"\" rel=\"noopener\">Quattro Del Mar<\/a><\/strong> in Ras Al Khaimah, according to a <a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=3029619\" style=\"\" rel=\"noopener\">press release<\/a> posted on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- e& + Adres to boost Abu Dhabi\u2019s digital real estate landscape:<\/strong> Telecom operator <a target=\"_blank\" href=\"https:\/\/www.etisalat.ae\/en\/index.html\" style=\"\" rel=\"noopener\">Etisalat by e&<\/a> signed a partnership MoU with proptech solutions firm <a target=\"_blank\" href=\"https:\/\/www.adres.ae\/\" style=\"\" rel=\"noopener\">Advanced Real Estate Services (Adres)<\/a> to enhance its real estate platform and its other digital products, <a target=\"_blank\" href=\"https:\/\/www.adres.ae\/dari\/\" style=\"\" rel=\"noopener\">Dari<\/a>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b144ye0-etisalat-partners-with-adres-support-uae%E2%80%99s-real\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p class=\"tag-border-left\">INS.- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.naboodainsurance.com\/\" style=\"\" rel=\"noopener\">Al Nabooda Ins. Brokers (ANIB)<\/a><\/strong><strong> is set to expand its medical ins. portfolio <\/strong>to include more comprehensive coverage, customizable plans, digital health solutions and a wider network of healthcare providers, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/anib-expands-customized-services-portfolio-enhances-individual-medical-insurance-offering-to-dubai-residents-x0004n4q\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">JUSTICE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Ruler Sheikh Maktoum bin Mohammed Al Maktoum approved the <\/strong><strong>appointment of 10 new Emirati judges <\/strong>during a Dubai Judicial Council meeting, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/January\/11-01\/Maktoum-bin-Mohammed-meeting\" style=\"\" rel=\"noopener\">statement<\/a>. Sheikh Maktoum, who serves as the council\u2019s chairman, also greenlit the enrolment of 20 Emirati citizens in a training session organized by the Dubai Judicial Institute. The 20 are on track to be named assistant prosecutors in Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/www.dxbpp.gov.ae\/default.aspx?lang=en\" style=\"\" rel=\"noopener\">Public Prosecutor\u2019s office<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HEALTHCARE- Abu Dhabi will build a medical city dedicated to women and children\u2019s health, according to a statement from the Abu Dhabi Media Office. The facility will launch in 2027 and will include a new center of excellence \u2014 dubbed the Sheikh Khalifa Medical City (SKMC) center \u2014 for pediatric care, \u201cthe Corniche Hospital dedicated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":87965,"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":[1360,47,29,143,7,131,161,132,25,98,438],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-dhabi","tag-also-on-our-radar","tag-capital-markets","tag-energy","tag-enterpriseam-uae","tag-healthcare","tag-infrastructure","tag-insurance","tag-investment-watch","tag-real-estate","tag-telecoms","wpautop","entry"],"acf":{"mongo_id":"6300e4fa-a658-46af-8590-3a1e11be1ccc","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/861.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Abu Dhabi is getting a new medical city + ADIA invests in Indonesia\u2019s infrastructure. PLUS: More energy, insurance, real estate and capital markets news","related_issue":[87940],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9cea3464-e790-46d6-b6ad-89cb76b5c161.mp3"},"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>Abu Dhabi is getting a new medical city + ADIA invests in Indonesia\u2019s infrastructure - UAE<\/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\/uae\/2024\/01\/15\/abu-dhabi-is-getting-a-new-medical-city-adia-invests-in-indonesias-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Dhabi is getting a new medical city + ADIA invests in Indonesia\u2019s infrastructure\" \/>\n<meta property=\"og:description\" content=\"HEALTHCARE- Abu Dhabi will build a medical city dedicated to women and children\u2019s health, according to a statement from the Abu Dhabi Media Office. 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