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
 May 4 2015 - Dubai tourism shows 8.2 percent increase in 2014MENAFN
(MENAFN) The emirate of Dubai welcomed a total of 13.2 million tourists in 2014, marking an 8.2 percent increase when compared to the same period a year earlier, Arabian Business reported.The yearly ...

 May 4 2015 - Saudi- Education Minister signs agreement with UNESCOSaudi Press Agency
(MENAFN - Saudi Press Agency) The Minister of Education and Chairman of the Board of Directors of Regional Centre for Quality and Excellence in Education, Dr. Azzam Al-Dakhil, and Director of ...

 May 4 2015 - Saudi- Custodian of the Two Holy Mosques condoles Gabon's PresidentSaudi Press Agency
(MENAFN - Saudi Press Agency) The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has sent a cable condolences to President Ali Bongo Ondimba of Republic of Gabon on the death of ...

 May 4 2015 - Saudi- Crown Prince condoles Gabon's PresidentSaudi Press Agency
(MENAFN - Saudi Press Agency) Crown Prince Mohammed bin Naif bin Abdulaziz, Deputy Premier and Minister of Interior has sent a cable condolences to President Ali Bongo Ondimba of Republic of Gabon on ...

 May 4 2015 - Saudi- Competition Council participates in Exhibition of Arab Forum for Combating Commercial FraudSaudi Press Agency
(MENAFN - Saudi Press Agency) The Competition Council is participating through a special pavilion in the activities of the exhibition of the fourth Arab Forum to combat commercial fraud and ...

 May 4 2015 - Egypt's Orascom to construct USD1.5b monorail in EgyptMENAFN
(MENAFN) Orascom, the Egyptian Construction firm, and the Canadian Bombardier Inc are set to construct a USD1.5 billion monorail close to Cairo, according to Egypt's housing minister, Reuters ...

 May 4 2015 - Kuwait- Bill Seeks Free Education For All At Government SchoolsArab Times
(MENAFN - Arab Times) MP Faisal Al-Kandari has presented a draft bill to amend Article One of Compulsory Education Law Number 11/1965 to grant free education to everyone residing in Kuwait, not just ...

 May 4 2015 - Kuwait- MOE Facing Problems Related To Ranks For ExpatsArab Times
(MENAFN - Arab Times) The Ministry of Education is currently facing problems related to the occupational ranks for non-Kuwaiti teachers, because the Civil Service Commission (CSC) has refused to ...

 May 4 2015 - Kuwait- 'Citizens, Expats Must Take Measures To Prevent Fires'Arab Times
(MENAFN - Arab Times) Citizens and expatriates must take all the necessary measures to prevent fire incidents which are common during summer, says Colonel Khalel Al-Ameer from the Public Relations ...

 May 4 2015 - Kuwait- Reduce 'Mandoubs', Pay Hike Not More Than KD 50Arab Times
(MENAFN - Arab Times) The Ministry of Interior and its social affairs and labor counterpart have agreed to lay down new regulations to prevent manipulation of work permit and driving license ...

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