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UAE's GII to Acquire Stake in Saudi Health Company
September 14th, 2021 - 11:00 GMT

UAE's GII to Acquire Stake in Saudi Health Company

UAE-based Gulf Islamic Investments, GII, is planning to expand into Saudi Arabia with a deal to buy a stake in a Saudi healthcare company. GII Ventures into Saudi Arabia The deal will be sealed for around $600 million, co-founder Mohammed Alhassan told Bloomberg in an interview. Medical care seems to be very profitable these days due to the pandemic, Alhassan commented: “We go where the money is and where the ...
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