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UAE: Embrace AI or be replaced, experts warn employees
UAE: Embrace AI or be replaced, experts warn employees

Khaleej Times

time3 days ago

  • Business
  • Khaleej Times

UAE: Embrace AI or be replaced, experts warn employees

Are you worried that your job might become automated one day and you might be asked to leave the company? Employees need to train themselves on technical skills before they become redundant at their companies, industry executives warned on Wednesday. "Junior level employees need to start training themselves in technical skills. Instead of your senior coming and telling you that this process can be automated, if you are not thinking ahead of time, you will be replaced by the year. We need to train and upskill our juniors on technical skills," said Ashok Mehngi, group financial controller, NMC Healthcare. "Mid-level staff need to work not only on technical skills but also on how to collaborate with other departments. Finance can no more be a single department which will work in silos, but work collaboratively with other departments, and middle-level managers need to learn it," he added while speaking during a panel discussion at the New Age Finance and Accounting Summit organized by Khaleej Times on Wednesday. Senior employees need both technical and people management skills With regard to senior level employees, he added that strategic thinking alone is not going to serve the purpose without them also being enabled with AI. "We're increasingly focusing on improvement. The audit closing is no more a monthly thing, it might become a bi-monthly exercise because we don't want wait for month-end to see the results and then take action. The finance team needs to support everybody in such a way that, going forward, this bi-monthly reporting will happen, and people start making the decision at a faster pace," he said. He stressed on learning both technical and people management skills. "We need both of them even at the senior level. They need to learn technical skills, because, when my juniors or mid-level team members provide me with some reports, if I do not understand how these reports are made, I will not be able to make those decisions. So technical skills are required not only at a junior level but also at a senior level. It's high time firms started investing in technology and people, because going forward, nobody will accept it. It's important to have people and technical skills, both,' he said during the panel discussion, which was moderated by Anand Soni, group CFO and strategic finance and business transformation leader and corporate trainer. Sireesha Venkata, Group CFO of BPG Group, and Ramkumar Balasubramaniam, CFO of Barclays, also took part in the panel discussion. Quit worrying about your job, embrace AI Anshu Sharma Raja, banking CIO and global technology leader, said finance professionals should embrace new technologies instead of worrying about artificial intelligence (AI) taking away their jobs. "We are in the new wave of AI revolution. Digital transformation is one thing, but this AI wave is a whole new thing and that is truly happening. I can't imagine anybody not using ChatGPT and so on. People like me have stopped using Google and now go to ChatGPT and other platforms. It has democratized that technology and it is in the hands of every single one of us, from CEOs to the junior-most guy. It is not about how I can save my job, but how I can leverage that technology so that I can do my job in a more efficient, effortless way to minimize errors," said Raja. She noted that be it small or big companies, they are integrating ChatGPT and other AI capabilities into their platform. "None of our jobs will be secure in the current avatar when you have driverless cars and so on. Those things are a reality, not some sci-fi thing that's going to happen in 50 years' time. People are questioning the value of education and degrees," she said during the panel discussion, adding that a lot of times finance teams and the CFOs keep themselves at arm's length from technology and think of themselves as users of a technology platform that a tech team is providing. "I would encourage everybody to change that narrative. Get in the conversation, start driving requirements upfront and start co-creating based on what's available today. Ask your CIOs how to embrace this technology rather than getting worried about the jobs being taken away," she added.

NMC Healthcare opens Dubai Marina's first dedicated Paediatric Clinic
NMC Healthcare opens Dubai Marina's first dedicated Paediatric Clinic

Khaleej Times

time20-05-2025

  • Health
  • Khaleej Times

NMC Healthcare opens Dubai Marina's first dedicated Paediatric Clinic

The state-of-the-art clinic is currently the first facility dedicated entirely to paediatric care within NMC Healthcare's expansive network In a significant move to enhance family-focused healthcare in Dubai, NMC Healthcare has officially opened the NMC Marina Paediatric Clinic - the city's first fully dedicated paediatric facility, strategically located along Marina Walk. The launch event, held on May 16 was attended by senior officials and representatives from the Dubai Health Authority (DHA), Emaar, and NMC Healthcare. The ceremony ended in a tour of the facility, showcasing its purpose-built design to meet the unique and diverse medical and emotional needs of children and their families. The state-of-the-art clinic is currently the first facility dedicated entirely to paediatric care within NMC Healthcare's expansive network and is among the first in Dubai exclusively dedicated to paediatric care. It offers a comprehensive range of integrated, multidisciplinary paediatric services under one roof including general paediatrics, endocrinology, allergy and immunology, gastroenterology, cardiology, dermatology, dentistry, physiotherapy, osteopathy and high demand services in speech language therapy. By housing a broad suite of subspecialities in one location, NMC ensures families have access to early diagnosis, intervention and ongoing care tailored to the needs of children of all ages. The NMC Marina Paediatric Clinic stands out for its unique, child-centric design, created specifically with the needs of young patients in mind. Every aspect of the clinic's aesthetics and interiors has been thoughtfully tailored for children, featuring child-sized furniture, playful and engaging décor, and warm, welcoming reception areas. This carefully curated environment aims to create a safe and soothing atmosphere that helps ease anxiety and build trust among children of all ages and their caregivers. 'This new clinic provides a comprehensive range of paediatric services, giving families fast, convenient access to high-quality care for their children,' said David Hadley, CEO of NMC Healthcare. 'We're proud to bring this purpose-built, child-focused facility to life in such a thriving, family-oriented neighbourhood. It's the first of four clinics we plan to open across Dubai and the Northern Emirates this year, reflecting our mission to deliver more personalised care to all communities across the country.' Strategically located in the heart of Marina Walk, the clinic is easily accessible for residents of Dubai Marina, Jumeirah Lake Towers (JLT), The Meadows, The Springs, Dubai Media City, and neighbouring communities. The NMC Marina Paediatric Clinic is open seven days a week, offering convenient access to quality healthcare for modern families and working parents. This makes it a valuable addition to Dubai's ever-evolving healthcare landscape. NMC Marina Paediatric Clinic marks a significant milestone for the group and serves as a beacon of accessible, specialised care in one of Dubai's most dynamic residential hubs. The opening of the NMC Marina Paediatric Clinic reflects the group's broader commitment to transforming healthcare delivery through patient-first innovation, community integration, and clinical excellence. As one of the region's largest and most trusted private healthcare providers, NMC continues to expand its services with a focus on inclusivity, accessibility, and wellbeing across every stage of life.

Tawoos in deal to acquire NMC's Omani healthcare unit
Tawoos in deal to acquire NMC's Omani healthcare unit

Trade Arabia

time19-05-2025

  • Business
  • Trade Arabia

Tawoos in deal to acquire NMC's Omani healthcare unit

Tawoos Group, one of Oman's premier business groups, has announced that it has entered into a legally binding agreement with NMC Healthcare Group, a leading integrated private healthcare provider group in UAE, to acquire NMC Healthcare LLC Oman and Elegant Medical Center Oman (NMC Oman). Founded in 2016, NMC Oman comprises two hospitals, and six clinics and aesthetics centres. The transaction is subject to customary closing conditions and is expected to be completed within the next two months. Following completion, NMC will provide transitional support services over the coming months to ensure a smooth transition and continued excellent patient care. The financial terms of the transaction are not being disclosed. This acquisition is central to Tawoos Group's strategy to strengthen and expand the private healthcare sector in Oman, bolster services offered through premium healthcare facilities and further diversify their investment portfolio. Tawoos Group Chairman Samir J Fancy said the acquisition was much more than just securing assets; it was about ensuring continuity of care, upskilling and creating a strong local healthcare brand that benefits Oman. "This is just the first step of a journey that will become a larger platform for private healthcare that is affordable yet best in class. This has been a classic case of the public sector working with private enterprises for the good of the Omani economy," he stated. Chief Investment Officer Sameer Ul Haque said: "The acquisition of NMC Oman marks a strategic entry into a sector with strong fundamentals and national importance. With deep local insights, a long-term investment horizon and experience in managing regulated businesses, Tawoos is uniquely positioned to create durable value in Oman's healthcare sector." This transaction also aligns with the NMC Group's strategy to streamline its focus on its core multi-specialty healthcare services in the UAE, including the enhancement of existing facilities and strategic growth across Dubai and the Northern Emirates. In March 2025, the NMC Group opened a state-of-the-art paediatric medical centre in the densely populated Marina area of Dubai, with plans to open an additional three new facilities this year, including a new multi-specialty medical centre on the Palm Island in Dubai. NMC Healthcare CEO David Hadley, expressing delight at serving communities in Oman through its network of hospitals and medical facilities, said: "At a time when we are strategically focusing on our core operations and planned investments in the UAE, we welcome the acquisition of NMC Oman by Tawoos, a leading, trusted, and well-established Omani business with a proven track record of fostering innovation and long-term growth - key drivers of quality healthcare delivery." "We look forward to working closely with Tawoos in the coming months to ensure continuity of care for patients and a smooth transition of ownership," stated Hadley. Tawoos is a family office established over 40 years ago and is among the premier business groups in Oman. The Group has a diversified portfolio of operating businesses in agriculture, power and telecommunications, energy, defense, hospitality and training sectors, and is continuously searching for investment opportunities in new sectors, including premium real estate development, global capital markets, and the private healthcare sector.

Tawoos Group announces its intention to acquire NMC Oman
Tawoos Group announces its intention to acquire NMC Oman

Zawya

time19-05-2025

  • Business
  • Zawya

Tawoos Group announces its intention to acquire NMC Oman

Muscat, Oman – Tawoos Group ('Tawoos'), one of Oman's premier business groups, and NMC Healthcare Group ('NMC Group'), a leading integrated private healthcare provider group in the United Arab Emirates ('UAE'), announce that Tawoos has entered into a legally binding agreement to acquire NMC Healthcare LLC Oman and Elegant Medical Center Oman ('NMC Oman'). Founded in 2016, NMC Oman comprises two hospitals, and six clinics and aesthetics centres. The transaction is subject to customary closing conditions and is expected to be completed within the next two months. Following completion, NMC will provide transitional support services over the coming months to ensure a smooth transition and continued excellent patient care. The financial terms of the transaction are not being disclosed. This acquisition is central to Tawoos Group's strategy to strengthen and expand the private healthcare sector in Oman, bolster services offered through premium healthcare facilities and further diversify their investment portfolio. Samir J Fancy, Chairman, Tawoos Group, commented, 'The acquisition is much more than just securing assets; it is about ensuring continuity of care, upskilling and creating a strong local healthcare brand that benefits Oman. This is just the first step of a journey that will become a larger platform for private healthcare that is affordable yet best in class. This has been a classic case of the public sector working with private enterprises for the good of the Omani economy.' Sameer Ul Haque, Chief Investment Officer, Tawoos, added, 'The acquisition of NMC Oman marks a strategic entry into a sector with strong fundamentals and national importance. With deep local insights, a long-term investment horizon and experience in managing regulated businesses, Tawoos is uniquely positioned to create durable value in Oman's healthcare sector.' This transaction also aligns with the NMC Group's strategy to streamline its focus on its core multi-specialty healthcare services in the UAE, including the enhancement of existing facilities and strategic growth across Dubai and the Northern Emirates. In March 2025, the NMC Group opened a state-of-the-art paediatric medical centre in the densely populated Marina area of Dubai, with plans to open an additional three new facilities this year, including a new multi-specialty medical centre on the Palm Island in Dubai. David Hadley, CEO of NMC Healthcare, stated: 'NMC has been proud to serve communities in Oman through our network of hospitals and medical facilities. At a time when we are strategically focusing on our core operations and planned investments in the UAE, we welcome the acquisition of NMC Oman by Tawoos, a leading, trusted, and well-established Omani business with a proven track record of fostering innovation and long-term growth—key drivers of high-quality healthcare delivery. We look forward to working closely with Tawoos in the coming months to ensure continuity of care for patients and a smooth transition of ownership.' Tawoos is a family office established over 40 years ago and is among the premier business groups in Oman. The Group has a diversified portfolio of operating businesses in agriculture, power and telecommunications, energy, defense, hospitality and training sectors, and is continuously searching for investment opportunities in new sectors, including premium real estate development, global capital markets, and the private healthcare sector. The seller engaged Deloitte & Touche (M.E) & Co. LLC as financial advisor and Dentons & Co Oman Branch as legal counsel with respect to the transaction. About NMC Healthcare The NMC Healthcare Group is one of the largest private healthcare networks in the United Arab Emirates. NMC's network is made up of 78 medical facilities, including JCI-accredited, multi-specialty hospitals, medical centres, community clinics, day surgery centres, home health services, and long-term care facilities. Its national network makes it the only healthcare group uniquely positioned to serve the three most populous Emirates of Abu Dhabi, Dubai and Sharjah, as well as the Northern Emirates of Ras Al Khaimah and Ajman. The NMC Healthcare Group includes the NMC, ProVita International Medical Centre, and CosmeSurge brands. It employs approximately 11,000 people and serves over 5.5 million patients every year. In April 2020, NMC Health PLC entered administration in the UK. NMC Healthcare LTD (formerly NMC Healthcare LLC), the group's UAE former parent company, and 34 of its operating companies subsequently entered into administration, ordered by the Abu Dhabi Global Market ('ADGM') court in September 2020. In March 2022, the 34 operating companies left administration following a formal restructuring process consented to by the ADGM courts. The restructured NMC Healthcare Group is owned by its admitted creditors (or third parties that have acquired admitted creditors' ownership rights) under new clean ADGM holding company known as NMC Holdco SPV LTD ('NMC Holdco") and a wholly owned subsidiary of NMC Holdco, NMC Opco LTD ('NMC Opco'). NMC Opco owns and operates 78 hospitals, specialty medical centres, clinics and long-term care facilities. NMC Healthcare LTD, the healthcare group's legacy parent company, remains in administration and does not operate, nor is affiliated with, any of the NMC Opco healthcare providers.

NMC Specialty Hospital Abu Dhabi offers hope to Achalasia patients with advanced POEM procedure
NMC Specialty Hospital Abu Dhabi offers hope to Achalasia patients with advanced POEM procedure

Khaleej Times

time16-05-2025

  • Health
  • Khaleej Times

NMC Specialty Hospital Abu Dhabi offers hope to Achalasia patients with advanced POEM procedure

The successful case underscores NMC Healthcare's commitment to excellence in clinical care and innovation In a major advancement for gastrointestinal care in the region, NMC Specialty Hospital, Abu Dhabi, has successfully performed a cutting-edge procedure to treat achalasia, a rare and progressive swallowing disorder using a minimally invasive endoscopic procedure known as POEM (Peroral Endoscopic Myotomy). The patient, a 23-year-old nurse, had been battling severe achalasia symptoms for several years. By the time she was referred to Dr Yogesh Shastri, consultant and head of the department of gastroenterology at NMC Specialty Hospital, her condition had significantly deteriorated. She was unable to eat or drink without extreme discomfort, had become severely malnourished and was relying on intravenous fluids. She also suffered from recurrent chest infections and experienced drastic weight loss, which had forced her to take indefinite leave from work. Achalasia, which affects approximately 1 in 100,000 people, occurs when the lower esophageal sphincter (LES) fails to relax, preventing food and liquids from entering the stomach. Over time, this leads to food accumulation in the esophagus resulting in regurgitation, malnutrition, chest pain and recurrent respiratory infections. If left untreated, the disorder can severely impact overall health and quality of life. Given the severity and complexity of her case, Dr. Shastri and his team opted for POEM - a scarless, natural orifice procedure performed entirely through the mouth without any skin incisions. The technique involves creating a narrow and long tunnel within the esophageal wall to precisely cut the tight or malfunctioning muscle to relieve the obstruction at the junction of food pipe and stomach. The procedure, known for its high success rate and faster recovery time, is considered a significant advancement compared to traditional and conventional surgical approaches. "POEM is especially beneficial and is standard of care in cases like this one, where other treatments such as balloon dilation or Botox injections are no longer viable," said Dr Shastri. "It allows for a tailored and precise muscle incision depending on the severity of the disease and provides long-lasting relief with minimal risk". The outcome of the endoscopic surgery was highly successful, and the patient's transformation was immediate. Within days of the procedure, she was able to eat and drink normally for the first time in months. Her strength and energy levels improved, she began regaining weight, and has since resumed her professional duties with renewed energy and optimism. "After everything I've been through, being able to drink water without fear and discomfort felt like being reborn," said the patient. "As a nurse, I understood the risks, but I also knew this was my only chance to reclaim my life. I'm beyond grateful to Dr. Shastri and the team at NMC." Reflecting on her journey, she added: "When I was at my lowest, even a sip of water felt impossible. Today, I can enjoy meals, socialise again, and return to doing what I love - caring for others - with a deeper compassion having experienced firsthand what it means to suffer. It feels like I've been given my life back." POEM remains a highly specialised procedure available only in select centers globally, requiring specialised training and advanced equipment. By offering the procedure locally, NMC Specialty Hospital is bridging a critical gap in care for achalasia patients across the UAE and the wider region and for patients who previously had to travel to countries like the US, Germany, India or South Korea. "At NMC Specialty Hospital, Abu Dhabi our focus is not just on treating disease, but restoring dignity and quality of life," added Dr. Shastri. "Innovations like POEM are at the heart of our mission to deliver world-class, patient centered care using the latest medical advancements". This successful case underscores NMC Healthcare's commitment to excellence in clinical care and innovation. As the hospital continues to invest in advanced procedures and multidisciplinary expertise, it offers renewed hope to patients facing rare and challenging conditions here in the UAE. For more information on NMC Healthcare, visit

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