Latest news with #Daman
Zawya
4 days ago
- Business
- Zawya
UAE-based PUREHEALTH combines innovation, investment and impact
PUREHEALTH, the UAE's largest integrated healthcare platform, has rapidly emerged as a regional and global leader in the sector following a successful IPO in December 2023. A portfolio company of ADQ (Abu Dhabi's sovereign investment firm), PUREHEALTH manages over 25 hospitals in the UAE under brands such as SEHA and Sheikh Shakhbout Medical City, alongside more than 100 clinics, diagnostic centres and a national health insurance arm through Daman. Its integrated model provides end-to-end healthcare services, from prevention and diagnosis to treatment and rehabilitation, making it a key player in the UAE healthcare ecosystem. The company's global footprint now includes the United States (U.S.), United Kingdom (U.K.) and, as of 2025, Greece and Cyprus through a 60% stake in Hellenic Healthcare Group in a deal that valued the company at US$2.3 billion. This adds to its 2023 investment in the U.K.'s Circle Health Group, and a 2024 stake in Ardent Health Services in the U.S. that gains exposure to more than 30 hospitals across six states. Overall, the company's global healthcare platform features 100-plus hospitals, more than 300 clinics, over 143 laboratories, 65 pharmacies and 56,000 employees. Click here to download infographic A successful IPO PUREHEALTH listed on the Abu Dhabi Securities Exchange (ADX) in December 2023, raising AED 3.62 billion ($986 million) in one of the region's most anticipated healthcare IPOs. The retail tranche was oversubscribed by 483 times and the institutional offering attracted Dh186 billion, indicating an oversubscription level of 54 times and signalling strong confidence in the company's future. STRATEGIC GROWTH DRIVERS Healthcare remains resilient across cycles, with tailwinds from demographic shifts and chronic disease prevalence in the UAE and around the world. As such, healthcare stocks are often considered defensive sectors with secular growth. PUREHEALTH's strong domestic base in the UAE, coupled with its diversified international footprint, reduces geopolitical risk and enhances cash flow resilience. In addition, investment in precision medicine, data analytics, artificial intelligence and telehealth differentiates PUREHEALTH from traditional hospital operators. INVESTMENT OUTLOOK PUREHEALTH is a key player in the UAE's healthcare transformation, demonstrating strong financial performance while driving innovation across the sector. With AED6.6 billion in revenue in Q1 2025 and net profit growing 3% year-on-year to AED 505 million in Q1 2025, the company continues to focus on global expansion and value creation for shareholders. Strategic growth through targeted acquisitions PUREHEALTH's M&A strategy extends beyond traditional healthcare providers, encompassing dispensing and retail pharmacy platforms, digital pharmacy solutions, diagnostics, healthcare technologies, health insurance and supply chains. The company strategically targets growth-oriented firms with strong market positions that offer globalisation potential, operational efficiencies and synergistic opportunities within its existing portfolio. Innovation-driven healthcare transformation By leveraging AI and digitisation across all verticals, the company is seeking to enhance operational efficiency while reimagining healthcare delivery. ESG leadership and community impact PUREHEALTH's sustainability achievements in 2024 indicate a commitment to responsible corporate citizenship. These include an MSCI AAA rating, positioning the company as an ESG leader within the healthcare sector, and inclusion in the LSEG Top 50 Global ESG-rated companies. In addition, the company has demonstrated a strong commitment to supporting the UAE's industrial ecosystem and advancing the Make it in the Emirates initiative. The group recently announced that its investment in locally sourced goods and services reached AED 2.25 billion. HEALTHCARE MARKET OUTLOOK PUREHEALTH operates within a rapidly evolving regional healthcare landscape. The UAE's healthcare spending is expected to reach US$30.7 billion by 2027. The health-tech sector has witnessed substantial investment growth, particularly in telemedicine, AI-driven diagnostics and digital health solutions. The UAE has emerged as a key innovation hub, hosting over 250 health-tech start-ups within its ecosystem. Looking ahead As the MENA region continues its technological revolution in healthcare, vertically integrated providers like PUREHEALTH are well-positioned for continued growth. The integration of telemedicine, AI and other advanced technologies across broad consumer segments, coupled with population growth, promises both revenue expansion and accelerated development of healthcare services. To find out more, visit the company's page on To invest, contact one of the ADX brokers now.
Mid East Info
19-05-2025
- Business
- Mid East Info
PureHealth's Local Procurement Spend Reaches AED 2.25 Billion, Advancing UAE National In-Country Value Program
Group's local procurement spend reached AED 1 billion in 2024, up 38% year-on-year SEHA, holds the highest ICV score in the UAE healthcare sector, at 81.13% Daman, the UAE's leading health insurer, ranks second in the UAE insurance sector, at 71.86% Abu Dhabi, UAE –May 2025: As the 2025 edition of Make it in the Emirates gets underway today, PureHealth, the largest healthcare group in the Middle East, announced that its total investment in locally sourced goods and services has now reached AED 2.25 billion. In 2024 alone, the group directed AED 1 billion into the national economy – a 38% increase compared to 2023 – directly supporting the UAE's goals to localise supply chains, promote national businesses and accelerate economic diversification. A committed member of the Ministry of Industry and Advanced Technology (MoIAT) led National In-Country Value (ICV) Program since 2022, PureHealth is on track to meet its target of AED 13 billion in ICV-qualified spend by 2032. Through expanded local sourcing, investment in advanced manufacturing and strategic partnerships with Emirati enterprises, the group is actively contributing to the Make it in the Emirates initiative – a key pillar of the UAE's national industrial strategy, which aims to increase the sector's gross domestic product (GDP) contribution to AED 300 billion by 2031. Shaista Asif, Group Chief Executive Officer of PureHealth, said: 'Our investment in the UAE's industrial ecosystem is rooted in a long-term vision for healthcare resilience. By advancing our In-Country Value goals, we are localising critical supply chains, supporting homegrown innovation and enabling the development of advanced healthcare manufacturing capabilities. This is not just about meeting today's needs, but building a sustainable, self-sufficient healthcare system that serves UAE communities for generations to come while supporting the nation's economic and industrial ambitions.' PureHealth's commitment to local industrial growth and innovation is reflected in strong ICV performance across its brands: SEHA, holds the highest ICV score in the UAE healthcare sector, at 81.13%. Daman, the UAE's leading health insurer, ranks second in the UAE insurance sector, at 71.86%. PureLab and The Medical Office (TMO) have already secured their ICV certification, while Sheikh Shakhbout Medical City (SSMC) is on track to receive its certification later this year, marking a significant step toward full group-wide compliance across PureHealth. These achievements reflect robust performance across procurement, Emiratisation, investment and sustainability, with all activities reported to MoIAT to ensure transparency and alignment with national priorities. Leya Al Damani, Chief Sustainability Officer at PureHealth, added: 'Sustainability and localisation go hand-in-hand. Through partnerships with UAE-based suppliers that share our environmental and quality standards, we are creating long-term value that benefits both our healthcare system and the national economy. The National In-Country Value Program gives us a powerful framework to scale this impact measurably and responsibly, while also fostering a supportive environment for the growth of small and medium-sized enterprises across the country.' PureHealth's procurement strategy spans medical supplies, pharmaceuticals, technology and infrastructure services, with a strong focus on UAE-based suppliers that meet international standards and foster homegrown innovation. Through strategic offtake agreements and ongoing supplier development, the group is continuing to identify new opportunities to partner with more local manufacturers – driving industrial capacity, enhancing supply chain resilience and advancing the UAE's vision for a future-ready healthcare sector. About PureHealth: PureHealth is the largest healthcare group in the Middle East with an ecosystem that challenges lifespans and reimagines health spans. With 110+ hospitals, 316+ clinics, multiple diagnostic centres, health insurance solutions, pharmacies, health tech, procurement, investments and more, its groundbreaking innovations are at the forefront of healthcare as the company is on a mission to unlock time for humankind. By advancing the Science of Longevity, PureHealth is introducing the healthcare of the future from the United Arab Emirates to the rest of the world. PureHealth's network comprises: SEHA – One of the largest healthcare networks of hospitals and clinics in the UAE SEHA CLINICS – Delivering comprehensive community-based healthcare services Daman (The National Health Insurance Company) – The UAE's leading health insurer The Medical Office – Overseeing Sheikh Khalifa Hospitals and healthcare facilities established under the initiatives of H.H. The President of the UAE Rafed – The UAE's largest healthcare Group Purchasing Organisation PureLab – Managing and operating the largest network of laboratories in the region One Health – A network that provides end-to-end medical solutions to a base of over 300 healthcare service providers provides end-to-end medical solutions to a base of over 300 healthcare service providers The Life Corner – Abu Dhabi's first holistic pharmacy, serving the health and wellness establishment Ardent Health Services – The fourth largest privately held acute care hospital operator in the US Circle Health Group – The largest independent operators of hospitals in the UK Hellenic Healthcare Group (HHG) – the largest private healthcare provider in Greece and Cyprus PureCS – A leading cloud and technology services provider, specialising in IT management and consulting solutions, cybersecurity, cloud services and AI information systems Sheikh Shakhbout Medical City (SSMC) – The UAE's largest healthcare complex, delivering integrated complex care
Zawya
12-05-2025
- Health
- Zawya
Daman to host educational webinar on preventing lung disorders
Abu Dhabi, UAE – The National Health Insurance Company-Daman, a subsidiary of PureHealth, the largest healthcare group in the Middle East, is set to host a community webinar on lung health and the prevention of lung disorders. This initiative reflects Daman's ongoing commitment to fostering healthier communities by empowering individuals with knowledge and practical strategies to make informed choices about their health and wellbeing. The webinar will be held on Thursday, May 15th, from 11:00 AM to 12:00 PM UAE time, in collaboration with Manzil Health Services. It will take a closer look at the prevalence and risk factors of common lung conditions. The webinar will cover the impact of smoking, vaping, and environmental hazards, as well as the importance of early detection and lifestyle choices in preventing respiratory diseases. Attendees will Engage in a 45-minute presentation followed by a 15-minute live Q&A session, providing a unique opportunity for direct interaction with the expert. From long-standing programmes such as chronic disease management to recent awareness initiatives like breast cancer webinars, Daman remains committed to addressing some of the UAE's most pressing health challenges. As part of this ongoing commitment, Daman will continue to host webinars throughout the year to support better health outcomes. Registration is available through Daman's website or via the link in its social media bio. About National Health Insurance Company – Daman The National Health Insurance Company – Daman is the UAE's leading health insurer providing comprehensive health insurance solutions to over 3 million members in the UAE. Daman is a subsidiary of PureHealth, the largest healthcare group in the Middle East with an ecosystem that challenges lifespans and reimagines health spans. With 110+ hospitals, 316+ clinics, multiple diagnostic centres, health insurance solutions, pharmacies, health tech, procurement, investments and more. Daman, a pioneer in health care insurance, drives innovation through a combination of state-of-the-art technology and healthcare-related expertise offered by a highly skilled and knowledgeable workforce. Members benefit from added value through unique offerings such as the disease management programmes. Daman provides a 24/7 customer call centre and medical services authorisation team who are in direct contact with Daman's network of over 3,000 medical facilities. The company also provides a diverse range of digital services that are unmatched in the UAE. Daman has set high standards in the health insurance industry and has been awarded a number of internationally recognised awards and quality-focused certifications. About PureHealth: PureHealth is the largest healthcare group in the Middle East with an ecosystem that challenges lifespans and reimagines health spans. With 110+ hospitals, 316+ clinics, multiple diagnostic centres, health insurance solutions, pharmacies, health tech, procurement, investments and more, its groundbreaking innovations are at the forefront of healthcare as the company is on a mission to unlock time for humankind. By advancing the Science of Longevity, PureHealth is introducing the healthcare of the future from the United Arab Emirates to the rest of the world. PureHealth's network comprises: SEHA – One of the largest healthcare networks of hospitals and clinics in the UAE SEHA CLINICS - Delivering comprehensive community-based healthcare services Daman (The National Health Insurance Company) – The UAE's leading health insurer The Medical Office – Overseeing Sheikh Khalifa Hospitals and healthcare facilities established under the initiatives of H.H. The President of the UAE Rafed – The UAE's largest healthcare Group Purchasing Organisation PureLab – Managing and operating the largest network of laboratories in the region One Health – A network that provides end-to-end medical solutions to a base of over 300 healthcare service providers The Life Corner – Abu Dhabi's first holistic pharmacy, serving the health and wellness establishment Ardent Health Services – The fourth largest privately held acute care hospital operator in the US Circle Health Group – The largest independent operators of hospitals in the UK Hellenic Healthcare Group (HHG) - the largest private healthcare provider in Greece and Cyprus PureCS - A leading cloud and technology services provider, specialising in IT management and consulting solutions, cybersecurity, cloud services and AI information systems Sheikh Shakhbout Medical City (SSMC) – The UAE's largest healthcare complex, delivering integrated complex care To learn more, please visit
Al Etihad
05-05-2025
- Health
- Al Etihad
ADSC, ADCC sign partnership agreements with Daman to promote healthy lifestyles
5 May 2025 16:59 ABU DHABI (ALETIHAD)The Abu Dhabi Sports Council (ADSC) and Abu Dhabi Cycling Club (ADCC) have signed two partnership agreements with the National Health Insurance Company – Daman, a subsidiary of PureHealth Group and one of the region's leading health insurance providers. The agreements aim to support and promote community and sports initiatives across the emirate of Abu the agreements, Daman will continue its role as a key supporting partner for various community events organised by both ADSC and ADCC throughout the year, reinforcing its longstanding commitment to health and Hamad Al Awani, Secretary-General of the Abu Dhabi Sports Council, said, 'We take pride in our ongoing partnership with Daman, which reflects our shared commitment to fostering a culture of sports and healthy living across all segments of society. Their consistent and effective support plays a vital role in our community initiatives.'Al Awani noted that the agreements would contribute to preventing lifestyle-related diseases, improving physical fitness, and enhancing quality of life, all while aligning with Abu Dhabi's broader public health also emphasised the role of such partnerships in strengthening social bonds, and promoting mental health through inclusive community engagement.'These agreements between the Abu Dhabi Sports Council, Abu Dhabi Cycling Club, and Daman represent a pioneering model for activating the Year of Community initiative through impactful events that directly benefit individuals and uphold national values,' he Ateeq Aldhaheri, CEO of the National Health Insurance Company – Daman, commented, 'This collaboration reflects Daman's firm commitment to launching sustainable community initiatives, and highlights our pivotal role in promoting a healthy lifestyle and enhancing public wellbeing. It also reflects our commitment to corporate social responsibility by supporting events that combine health awareness with active community participation.'He added, 'Daman's vision is to build a healthier and more prosperous society through investment in innovative solutions that support the UAE's priorities in integrated healthcare and community wellbeing. Through this partnership, we look forward to achieving meaningful outcomes that positively impact lives and reinforce Abu Dhabi's global standing in public health and quality of life.'The agreements support the ongoing efforts of ADSC and ADCC to create a comprehensive sports environment that encourages healthy living through inclusive and engaging events aimed at increasing community participation. The signing ceremony took place at the Abu Dhabi Sports Council headquarters in the presence of Aref Hamad Al Awani, Secretary-General of ADSC; Khaled bin Shaiban Almehairi, Chairman of Daman; Khaled Ateeq Aldhaheri, CEO of Daman; and Al Nekhaira Al Khaili, Executive Director of ADCC.
Zawya
29-04-2025
- Health
- Zawya
Community wellbeing boosted by Daman and Pura collaboration
Abu Dhabi, UAE: The National Health Insurance Company – Daman, a subsidiary of PureHealth, the largest healthcare group in the Middle East, has honoured the winners and participants of the thirdseason of #RamadanWithDaman. This year's edition, powered by PureHealth's AI-enabled app Pura, set a new benchmark for community engagement, attracting a record number of participants. With over 877 million steps logged in Pura, the 2025 edition saw close to 10,000 participants from across the UAE join the movement to prioritise physical wellbeing during Ramadan. The initiative continued to champion inclusivity and gender balance, with over half of the participants being female, indicating the widespread appeal and reach of the campaign. The strong participation and steady engagement throughout the challenge highlighted a growing commitment to wellness and a health-conscious lifestyle across the UAE. At an awards ceremony at Daman's headquarters in Abu Dhabi, Daman honoured the top achievers of this year's #RamadanWithDaman challenge with a range of prizes, including iPhones, iPads, and Apple Watches. Commenting on the success of the campaign, Khaled Ateeq Aldhaheri, Chief Executive Officer of Daman, said: 'We are proud to witness the widespread participation throughout the third season of #RamadanWithDaman. Encouraging nearly 10,000 individuals to get moving during a time of faith and reflection is a remarkable achievement. This year's success, driven by the innovative capabilities of Pura, reaffirms our commitment to fostering a healthier, more active community, supporting the UAE's national health agenda and the spirit of the UAE's Year of Community, which celebrates unity, wellbeing, and collective action. We are grateful to everyone who participated and contributed to this shared goal.' Since 2022, #RamadanWithDaman has stood as a testament to Daman's commitment to corporate social responsibility (CSR) and its aim to cultivate a healthier community. The campaign will return next year, continuing its mission to encourage healthy living and strengthen community bonds. About National Health Insurance Company – Daman The National Health Insurance Company – Daman is the UAE's leading health insurer providing comprehensive health insurance solutions to over 3 million members in the UAE. Daman is a subsidiary of PureHealth, the largest healthcare group in the Middle East with an ecosystem that challenges lifespans and reimagines health spans. With 100+ hospitals, 300+ clinics, multiple diagnostic centres, health insurance solutions, pharmacies, health tech, procurement, investments and more. Daman, a pioneer in health care insurance, drives innovation through a combination of state-of-the-art technology and healthcare-related expertise offered by a highly skilled and knowledgeable workforce. Members benefit from added value through unique offerings such as the disease management programmes. Daman provides a 24/7 customer call centre and medical services authorisation team who are in direct contact with Daman's network of over 3,000 medical facilities. The company also provides a diverse range of digital services that are unmatched in the UAE. Daman has set high standards in the health insurance industry and has been awarded a number of internationally recognised awards and quality-focused certifications. About PureHealth: PureHealth is the largest healthcare group in the Middle East with an ecosystem that challenges lifespans and reimagines health spans. With 110+ hospitals, 316+ clinics, multiple diagnostic centres, health insurance solutions, pharmacies, health tech, procurement, investments and more, its groundbreaking innovations are at the forefront of healthcare as the company is on a mission to unlock time for humankind. By advancing the Science of Longevity, PureHealth is introducing the healthcare of the future from the United Arab Emirates to the rest of the world. PureHealth's network comprises: SEHA – One of the largest healthcare networks of hospitals and clinics in the UAE SEHA CLINICS - Delivering comprehensive community-based healthcare services Daman (The National Health Insurance Company) – The UAE's leading health insurer The Medical Office – Overseeing Sheikh Khalifa Hospitals and healthcare facilities established under the initiatives of H.H. The President of the UAE Rafed – The UAE's largest healthcare Group Purchasing Organisation PureLab – Managing and operating the largest network of laboratories in the region One Health – A network that provides end-to-end medical solutions to a base of over 300 healthcare service providers The Life Corner – Abu Dhabi's first holistic pharmacy, serving the health and wellness establishment Ardent Health Services – The fourth largest privately held acute care hospital operator in the US Circle Health Group – The largest independent operators of hospitals in the UK Hellenic Healthcare Group (HHG) - the largest private healthcare provider in Greece and Cyprus PureCS - A leading cloud and technology services provider, specialising in IT management and consulting solutions, cybersecurity, cloud services and AI information systems Sheikh Shakhbout Medical City (SSMC) – The UAE's largest healthcare complex, delivering integrated complex care To learn more, please visit
