FINANCIAL NEWS

UAE- Waha Capital buys stake in Anglo Arabian Healthcare

17 Jun 2013

(MENAFN) Waha Capital, an Abu Dhabi-based investment company, stated that it purchased majority stakes in some hospitals and laboratory assets of UAE’s Anglo Arabian Healthcare (AAH), reported Arabian Business.

According to Waha, the firms which it bought majority stakes in include the Sharjah Corniche Group, Proficiency Central Laboratories, which owns laboratories in Abu Dhabi and Sharjah, and Ibn Sina Group and Hospital.

Waha also said that its investment in the newly established AAH was aimed at supporting the expansion plans of the healthcare firm.

It is worth noting that Anglo Arabian Healthcare owns and operates 16 assets and has over 300 people employed in hospitals, clinics, diagnostic centers and pharmacies all over the country.

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