Dubai Investments Expands Healthcare Portfolio with Strategic Stake in Global Fertility Partners
Dubai Investments PJSC, the multi-asset investment group, has announced a strategic investment in the healthcare sector, acquiring a 34.3% equity stake in Global Fertility Partners (GFP). This move marks an expansion of the company's portfolio in the healthcare sector and opens up new growth opportunities.
Summary
Dubai Investments has acquired a significant stake in GFP, a leading fertility and reproductive genetics center network in the Middle East. The move marks the company's fourth strategic investment in the healthcare sector and is expected to drive growth and diversification.
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Summary
Dubai Investments has acquired a 34.3% equity stake in Global Fertility Partners (GFP), a leading network of fertility and reproductive genetics centers in the Middle East. This marks Dubai Investments' fourth strategic investment in the healthcare sector. GFP has secured around $60 million in equity financing, which will be used to expand its network of fertility and women's health centers across the Middle East and North Africa (MENA) region. The company's initial focus will be on the Kingdom of Saudi Arabia. GFP also aims to be the largest fertility network in the Middle East and one of the top 10 globally. The funding will also be used to build a number of fertility and women's health centers and a network of satellite clinics across Saudi Arabia and the UAE.