Aster DM Healthcare has secured AED265million under a new partnership with Emirates Development Bank (EDB) towards the development of two multi-specialty hospitals in Dubai.
The new hospitals will add more than 250 beds and enable treatment for over 560,000 patients annually.
Once operational, the hospitals will collectively station over 675 doctors, nurses and allied health professionals.
Currently, Aster DM Healthcare in the UAE has a network of 10 hospitals with around 920 bed-capacity under the Aster and Medcare brands, 113 clinics and 298 pharmacies, along with a workforce of 2,036 doctors and 4,063 nurses and healthcare professionals.
Construction on the new hospitals are expected to commence in 2026, with phased commissioning thereafter.
“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," said Alisha Moopen, Managing Director and Group CEO, Aster DM Healthcare.
The agreement was signed by Dr. Azad Moopen, Founder Chairman of Aster DM Healthcare and Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank.
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