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Healthcare

Staff Reporter

, Middle East

Published:

6 months ago

Photo from Keralty via PR Newswire

Burjeel Holdings and Keralty partner for cost-efficient healthcare in MENA

The joint venture is set to debut in Saudi Arabia.

Burjeel Holdings in the United Arab Emirates (UAE) is set to collaborate with Colombia’s Keralty to establish a healthcare model for cost-efficient solutions in the Middle East and North Africa (MENA) region.

The joint venture, AL KALMA, will develop and operate an integrated healthcare ecosystem including specialised primary care centres, health risk management, and unified mental health services.

AL KALMA is set to debut in Saudi Arabia and aims to expand to the UAE and other Middle East countries.

"This partnership marks a significant milestone for us as we strive to provide better health for a diverse range of populations,” Burjeel Holdings Founder and Chairman, Shamsheer Vayalil, said.

“Our unique model envisions comprehensive well-being, from prevention to control and care of disease to enhance services and patient outcomes on a local, personalised level,” Vayalil added.

The joint venture partnership will be operated through a newly formed holding company in the Abu Dhabi Global Market jurisdiction with both companies holding an equal 50% shareholding.

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