
Abu Dhabi Fund for Development Participates in the Inauguration of Jordan Digital Health Center – a Virtual Hospital Project
This initiative is part of the UAE's broader grant, managed by ADFD, to enhance development projects aligned with Jordan's Economic Modernization Vision 2023-2025, with a total funding of AED 1.5 billion. These projects further contribute to Jordan's National Council for Future Technology agenda and reinforce the UAE's ongoing commitment to driving strategic development partnerships in the region.
The Jordan Digital Health Center aims to connect healthcare centres and create an integrated electronic medical records management system through a unified digital platform, to enhance Jordan's healthcare sector in delivering remote care services aligned with international standards. Executed through the support of UAE-based company 'Presight', a leader in advanced technology and AI-driven digital solutions, in collaboration with Jordan's Ministry of Digital Economy and Entrepreneurship, this centre marks a strategic milestone in enhancing Jordan's digital health infrastructure.
During the ceremony, His Royal Highness Prince Al Hussein extended his appreciation to the UAE's leadership, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. He emphasized that this initiative underscores the enduring strategic ties between the two nations and their commitment to advancing sustainable development and economic integration across key sectors.
He also praised ADFD's key role in supporting transformative development initiatives, as the Jordan Digital Health Center serves as a model of cross-border institutional collaboration. The project directly aligns with Jordan's vision to build a digital healthcare ecosystem capable of meeting the evolving needs of citizens efficiently and aligned with global health standards.
H.E. Mohammed Saif Al Suwaidi, Director General of ADFD, reaffirmed that this project reflects the vision of the UAE's wise leadership to support sustainable development across key sectors in partner nations and emphasizes the Fund's strategic partnership with Jordan, which dates back to 1974.
Al Suwaidi added: 'The establishment of the Jordan Digital Health Center marks a significant step forward in healthcare modernization. Through the implementation of advanced digital solutions and AI-powered platforms, the center enhances the accessibility, responsiveness, and efficiency of healthcare services, while reinforcing the foundations of a resilient, patient-centric healthcare model.'
Over the past five decades, ADFD has supported strategic development projects in Jordan with a total value exceeding AED 6.5 billion. These projects span key sectors including energy, transportation, water, food security, healthcare, and education, significantly contributing to Jordan's social and economic advancement and long-term development agenda.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily News Egypt
8 hours ago
- Daily News Egypt
EGX launches new index tracking low-volatility stocks
The Egyptian Exchange (EGX) has announced the launch of a new index, the EGX35-LV, set to go live on 1 August. The index will track 35 of the most liquid stocks with the lowest price volatility, covering 13 different sectors to ensure balanced sectoral representation among its constituents. This initiative is part of EGX's broader development strategy, particularly its fifth pillar, which focuses on modernising the market and boosting its attractiveness to both local and foreign investors. It also supports ongoing efforts to enhance market efficiency, diversity, and accessibility, including the creation of performance indices that can underpin new investment products. EGX Chairperson Ahmed El-Sheikh said the new index reflects the exchange's commitment to offering a diverse range of tools to meet varied investment strategies and help investors make more informed decisions. He described the EGX35-LV as an important addition for institutional investors and funds that prioritise low-risk approaches. El-Sheikh added that the index is expected to appeal to both retail and institutional investors seeking more stable investment options with limited price fluctuations. By providing a mechanism to target lower volatility stocks, the index will help investors diversify their portfolios and further deepen Egypt's capital market.


Daily News Egypt
8 hours ago
- Daily News Egypt
Modon Holding posts AED 2.1bn net profit in H1 2025
Modon Holding PSC announced robust results for the first half of 2025, reporting a net profit of AED 2.1bn—an increase of more than fourfold compared to AED 502m in H1 2024 (excluding the AED 9bn one-off gain from last year's merger and other non-core adjustments). The Group's strong performance was underpinned by solid results across its core segments, recent acquisitions, and ongoing strategic investments. Group revenue tripled year-on-year to AED 6.5bn, supported by record real estate sales and the recognition of a deepening development backlog from both new launches and existing inventory. Recurring revenues from the Asset Management, Hospitality, and Events, Catering & Tourism segments also recorded notable improvement, boosted by near-full occupancy rates, operational expansions, and integration synergies from strategic acquisitions. Group EBITDA grew more than fourfold to AED 2.9bn, with margins expanding to 44%, reflecting a stronger portfolio mix and operational efficiencies. Real estate sales reached AED 10bn in H1 2025, driven by the rapid sell-out of two flagship masterplan launches, which sold out within a day—highlighting continued strong market demand. The company's revenue backlog rose to AED 33bn, spanning all business lines. Building on this momentum, Modon secured an AED 5.5bn sell-out of residential plots at its Wadeem community in July, pushing cumulative sales beyond the full-year 2024 total and ensuring a strong start to the second half of 2025. This success further strengthens Modon's development pipeline and reinforces its long-term value creation strategy. Internationally, Modon advanced its strategic expansion with key investments in the United Kingdom and North America, expanding its operational footprint to 13 countries. Domestically, the company launched Gridora, a new infrastructure platform created in partnership with ADQ and IHC. In May, Gridora signed an MoU with Abu Dhabi Projects and Infrastructure Centre (ADPIC) to support delivery of ADPIC's AED 35bn transport infrastructure programme in Abu Dhabi. The Group's performance reflects Modon's balanced approach: combining record-breaking real estate sales and growing recurring income streams with strategic investments to drive sustained growth and create long-term shareholder value.

Mid East Info
16 hours ago
- Mid East Info
Four Seasons and ALAIN Announce New Standalone Beachfront Private Residences in Abu Dhabi - Middle East Business News and Information
Dubai, UAE July 2025: Four Seasons, the world's leading luxury hospitality and branded residential company, and ALAIN, a leading Abu Dhabi-based asset management company, announce a new standalone beachfront residential offering in the UAE, Four Seasons Private Residences Abu Dhabi at Saadiyat Beach, set to welcome homeowners in 2029. Designed as an exclusive, gated beachfront community, Four Seasons Private Residences Abu Dhabi at Saadiyat Beach will offer a collection of ultra-luxury villas, beach mansions, a variety of suites, and penthouses. As one of the limited opportunities to own a home on Saadiyat Island's pristine shores, the development will cater to a discerning few seeking privacy, elegance, and timeless living. 'Building on the excitement and demand for Four Seasons residences in the region, this exceptional project presents a distinct coastal living experience, while perfectly complementing our urban offerings in the UAE,' says Bart Carnahan, Global Business Development, Portfolio Management and Residential, Four Seasons. 'We are pleased to partner with ALAIN to introduce Four Seasons living in such a coveted beachfront community, while expanding our exclusive collection of standalone residences.' Known for its white sand beaches, cultural district, and luxury offerings, Saadiyat Island is ideally located a short drive from the centre of Abu Dhabi, combining the best of beachfront living with convenient access to art, music, entertainment, and more. 'Our partnership with Four Seasons reflects our commitment to creating world-class developments that enrich Abu Dhabi's position as a leading destination for exceptional residential experiences. As a city that proudly stands on the global stage, we seek partners who share our drive for excellence and our ambition to enrich every aspect of life here. Four Seasons Private Residences Abu Dhabi at Saadiyat Beach blends the island's pristine shores, cultural richness, and natural beauty to offer an exclusive, service-rich lifestyle designed for those who value privacy, elegance, and timeless living. At ALAIN, we are proud to support developments that elevate Abu Dhabi's premier residential landscape and reinforce its global appeal,' said Khaled Haji Al-Khoori, Managing Director of ALAIN. The launch of Four Seasons Private Residences Abu Dhabi at Saadiyat Beach will introduce a dynamic mix of living options, each providing a unique blend of luxury and lifestyle comprising of 56 luxury villas including limited beach mansions and 60 suites including penthouse and royal residences. The design for each has been inspired by beauty of the surrounding environment – seamlessly blending the architecture, interiors and landscapes. Residents will exclusively and privately enjoy access to amenities including direct beach access, resident's lounge, pools, tennis and padel courts, spa and fitness facilities including a yoga and meditation studio, children's play areas, cinema, golf simulator and more. Outside of the residences, local attractions are a short drive away, including the Saadiyat Beach Golf Course, Zayed National Museum, Guggenheim and Louvre Abu Dhabi, international airports, and more. In addition to the thoughtfully designed amenities, residents will enjoy a service-rich lifestyle marked by Four Seasons legendary care. Led by a Residences General Manager, a Four Seasons residential team will be dedicated to caring for residents and their most important assets, their home. From concierge, housekeeping, culinary and wellness services to ongoing property management, Four Seasons teams become an extension of the home to deliver a seamless lifestyle experience. Al Ain Asset Management (ALAIN) is a diversified investment group that operates in a variety of key growth sectors, including capital investments, real estate, hospitality and education. The company was established in 1996 with the mandate of contributing to the social and economic development and prosperity of the communities in which it operates. Today, Al Ain Asset Management has grown into a group of leading companies headquartered in Abu Dhabi with a diversified local and international investment portfolio. ALAIN builds and manages exceptional residential, commercial, and mixed-use developments that enhance the lives of communities across the region. By fostering trusted partnerships and investing with care and cultural awareness, ALAIN delivers long-term value while contributing to economic and social prosperity. Guided by a commitment to integrity, innovation, and operational excellence, ALAIN creates sustainable financial returns for its people, partners, shareholders, and the communities it serves. About Four Seasons Private Residences As a long-time leader in branded residences, Four Seasons currently operates 57 branded Private Residence properties around the world, with three-quarters of future Four Seasons projects including a residential component. All Four Seasons residential offerings combine Four Seasons legendary people and service with bespoke hotel amenities such as spa services, in-residence dining services, housekeeping, concierge services and many more, creating a seamless experience for residence owners.