NMC Health set for Saudi expansion

NMC Health said it has signed an agreement with Hassana Investment Co., the investment arm of the General Organisation for Social Insurance (GoSI) of Saudi Arabia, to develop a pan-Saudi network of health care facilities.

The MoU targets a total investment of 6 billion riyals (Dh5.88 billion) and the employment of up to 10,000 staff over the next five years, NMC said. Other UAE based health care providers are also trying to make inroads into the kingdom’s health care sector. (Reuters)