Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Alchemist picks stake in gynecology centre  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Alchemist Healthcare, has expanded its presence in the UAE by acquiring a majority stake in the Conceive Gynecology & Fertility Centre in Sharjah.

Alchemist, a UAE based investment company is a wholly owned subsidiary of Healthcare Mena and is managed by Al Masah Capital. It was established in 2010 and is operated by an experienced team of professionals with more than eight years of presence in the Mena healthcare sector.

Its objective is to establish a regional healthcare platform of primary care and diagnostic assets offering a wide spectrum of services and having a footprint stretching from the GCC to North Africa.

Shailesh Dash, CEO of Al Masah Capital and board member of Alchemist, stated: "The inclusion of Conceive Gynecology & Fertility Centre in our health care group is a significant step for our expansion plan. Having invested in six polyclinics and two pharmacies last year, 2013 marks the start of specialised centre network building for Alchemist. After the acquisition of the Specialist Orthopedic Surgery & Physical Rehabilitation Clinic, a specialised orthopedic and physiotherapy centre in Jumeira in March, Alchemist is currently offering its patients fertility treatment services through Conceive Gynecology & Fertility Centre."


Established in 2004, Conceive Gynecology & Fertility Centre was the first centre to offer in-vitro fertilization treatments in Sharjah and is currently one of the most well-known centres in the UAE. Conceive performs more than 3,500 cycles per year for patients from the Mena region as well as Sub-Saharan Africa. The centre is managed by Dr. Pankaj Srivastav, one of in-vitro fertilization's pioneers in the UAE and offers a wide range of infertility treatments including ovulation induction and artificial insemination.

Amitava Ghosal, partner at Al Masah Capital and board member of Alchemist, added: "We are very enthusiastic to work hand in hand with Dr. Pankaj in order to achieve superior growth for Conceive Gynecology & Fertility Centre. We have established an ambitious and detailed expansion plan to strengthen Conceive's capacities and meet increasing population needs in Sharjah as well as Dubai, Abu Dhabi and Al Ain. We are also looking at Oman and Kuwait for further regional expansion."

 


Khaleej Times




  MENA News Headlines
 Feb 12 2016 - Egypt logs 16.5pct drop in non-oil exports over 2015MENAFN
(MENAFN) Egypt's non-petroleum exports saw a 16.5 percent decline in value throughout the previous year as opposed to 2014, based on recent reports.Based on Egypt's General Authority for Export and ...

 Feb 12 2016 - UAE's new theme park's expenditure hits USD1.5bMENAFN
(MENAFN) Set to open its doors this Oct. the all new Dubai Parks and Resorts along with its land has had its overall project expenditure hit USD1.5 billion at the end of last year as opposed to much ...

 Feb 12 2016 - ACWA Power to collect USD8b debt in H1MENAFN
(MENAFN) ACWA Power, the Saudi-based power generation and desalinated water production plants' operator, intends to raise USD8 billion of debt over the first six month of the current year, according ...

 Feb 12 2016 - Spain dismantles falcon trafficking ring destined for UAE racesThe Peninsula
(MENAFN - The Peninsula) (file photo / Reuters ) Madrid: Spanish police said Thursday they had dismantled an international ring that smuggled falcons to the United Arab Emirates where ...

 Feb 12 2016 - Russia raises spectre of world war if nations fail to negotiate over SyriaThe Peninsula
(MENAFN - The Peninsula) Russian Prime Minister DmitryMedvedevchairs a meeting with ministers and top officials on social and economic policy in Moscow on February 10 2016. REUTERS ...

 Feb 12 2016 - Germany offers 500 mln euros in credits to IraqThe Peninsula
(MENAFN - The Peninsula) German Chancellor AngelaMerkel(L) and Iraqi Prime Minister Haider al-Abadi shake hands at a joint press conference after meeting at the Chancellery in Berlin on February 11 ...

 Feb 12 2016 - Russia claims US planes bombed Syria's AleppoThe Peninsula
(MENAFN - The Peninsula) Stalls are seen on a street beside damaged buildings in the rebel held al-Shaar neighborhood of Aleppo Syria February 10 2016. REUTERS Moscow:Russia's defence ...

 Feb 12 2016 - Erdogan threatens to send refugees to EU as NATO steps inThe Peninsula
(MENAFN - The Peninsula) Syrian people wait in front of the Oncupinar crossing gate to go back to Syria near the town of Kilis in south-central Turkey on February 11 2016. AFP Ankara:Turkish ...

 Feb 12 2016 - Qatar- LNG deal 'key to Pakistan's prosperity'The Peninsula
(MENAFN - The Peninsula) Pakistan Prime Minister Nawaz Sharif addressing members of the Pakistani community at the Four Seasons hotel yesterday. Pic: Abdul Basit / The Peninsula DOHA: ...

 Feb 12 2016 - Qatar- Emir visits Al Qassar Metro Station projectThe Peninsula
(MENAFN - The Peninsula) Emir H H Sheikh Tamim bin Hamad Al Thani is briefed on the project by Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti. Doha: Emir H H Sheikh Tamim ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help