{"id":92691,"date":"2024-06-04T00:00:00","date_gmt":"2024-06-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/burjeel-sets-up-healthcare-jv-in-ksa-with-plans-to-expand-to-mena\/"},"modified":"2024-06-04T00:00:00","modified_gmt":"2024-06-04T00:00:00","slug":"burjeel-sets-up-healthcare-jv-in-ksa-with-plans-to-expand-to-mena","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/04\/burjeel-sets-up-healthcare-jv-in-ksa-with-plans-to-expand-to-mena\/","title":{"rendered":"Burjeel sets up healthcare JV in KSA, with plans to expand to MENA"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE\u2019s Burjeel Holdings and Colombia\u2019s Keralty set up <\/strong><strong>JV:<\/strong> Healthcare provider Burjeel Holdings and Colombia\u2019s <a target=\"_blank\" href=\"https:\/\/www.keralty.com\/en\/home\" style=\"\" rel=\"noopener\">Keralty<\/a> set up a joint venture, dubbed Al Kalma, to develop and operate an integrated healthcare system for cost-efficient healthcare in the MENA region, according to a <a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=3167965\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The project will first begin operations in Saudi Arabia, with plans to expand to the UAE and North Africa later down the line. It will also evaluate options for countries beyond the region, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ownership breakdown: <\/strong>Burjeel Holdings and Keralty will each hold an equal 50% shareholding in the JV. The investments associated with the JV were not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The JV will operate specialized primary care centers and offer health risk management services and integrated mental health services, with a target to reach nearly 30 mn patients over the next decade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Burjeel Holdings is the first Emirati company to form a joint venture with a Colombian healthcare institution<\/strong>, which comes after the two countries <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7fe33ad7-2474-409b-b42e-6f605d19bdfa\/uae-and%253cmark%253e-colombia%253c%2Fmark%253e-ink-trade-and-economic-agreement.-plus:-new-eu-gcc-climate-platform-and-bin-zayed-phones-iranian-fm\" style=\"\" rel=\"noopener\">inked<\/a> a comprehensive economic partnership agreement <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Keralty: <\/strong>Keralty is a multinational health organization based in Colombia, with operations in nine countries, including the US, Brazil and Peru. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The JV is set to expand to the UAE and beyond later<\/p>\n","protected":false},"author":1,"featured_media":92692,"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":[1609],"tags":[1688,7,131,1342,118],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare","tag-burjeel","tag-enterpriseam-uae","tag-healthcare","tag-investment","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"72414a6a-d75a-4376-9499-e06a0e5a164d","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/268.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Burjeel sets up healthcare JV with Colombian health organization","related_issue":[92677],"teaser":"The JV is set to expand to the UAE and beyond later","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f6ec1482-8650-49a8-846e-2812dc0843b6.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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