Aster DM Healthcare secures AED265m in financing from Emirates Development Bank to accelerate expansion in Dubai
We are proud to announce our partnership with Emirates Development Bank (EDB), securing AED 265 million to accelerate our expansion in Dubai. The financing will support the launch of two new multi-specialty hospitals, adding 250+ beds to our current network and enabling treatment for over 560,000 patients annually in the UAE, in addition to the 20 million patients served across GCC.
Key Highlights:
- Two new multi-specialty hospitals to be launched in Dubai
- 250+ additional beds to meet growing demand for quality healthcare
- 560,000+ additional patients expected to be treated annually in UAE
- 675+ new jobs for doctors, nurses, and healthcare professionals
The agreement was signed by Dr. Azad Moopen, Founder Chairman of Aster DM Healthcare and H.E Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank, in the presence of @Alisha Moopen, @Iqbal Khan and senior officials from both organisations.
Ms. Alisha Moopen, Managing Director & Group CEO, Aster DM Healthcare shared, “Aster DM Healthcare’s ongoing growth strategy for UAE is in alignment with the Dubai Economic Agenda D33 which aims to establish Dubai and UAE as a global leader in healthcare. The partnership with Emirates Development Bank represents a significant milestone in Aster’s Dubai journey which will enable us to accelerate the expansion of high-quality, multi-specialty care in the UAE – bringing world-class healthcare closer to the communities we serve.”
