UAE firm eyes investments into Saudi healthcare sector: report

10/12/2018 Argaam

 

UAE-based Foundation Holdings is planning to invest in Saudi Arabia's healthcare sector, Arab News reported, citing CEO Abhishek Sharma.

 

“We are eyeing two interesting investments in KSA at the moment. Saudi Arabia accounts for between 40 percent and 50 percent of the GCC’s GDP (gross domestic product), so it cannot be overlooked,” he noted.

 

The company intends to invest $550 million in GCC and Indian companies by 2021, the report said.

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