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Morocco World
4 days ago
- Business
- Morocco World
Akdital Expands into UAE with $70 Million Dubai Hospital Investment
Doha – Morocco's leading private healthcare provider, Akdital, has officially begun construction on its first international hospital in Dubai with a $70 million investment, extending the group's footprint beyond national borders. The new medical facility, scheduled to open in the fourth quarter of 2026, will offer comprehensive healthcare services covering multiple medical, surgical, and oncological specialties, according to a company statement released Tuesday. With a 200-bed capacity, the hospital will incorporate cutting-edge medical technologies and innovations that meet international standards to address growing demands for specialized care in the region. This Dubai project represents the first step in Akdital's planned international expansion into the Gulf region. The group has already outlined plans to open additional facilities in the United Arab Emirates and Saudi Arabia between 2025 and 2030. In April, Akdital signed a $200 million deal with Saudi real estate developers Wataniyah Business Real Estate and Namaya to establish two hospitals in Riyadh and Jeddah. These Saudi facilities are expected to be completed by 2027, aligning with Saudi Arabia's 2030 health strategy. Currently, Akdital operates 36 healthcare establishments across 21 Moroccan cities, with more than 4,100 beds and a workforce of 7,500 professionals. The group has been rapidly expanding its domestic presence, opening 12 new facilities in Morocco over the past year. By 2027, Akdital aims to have 62 establishments and over 6,000 hospital beds in 32 different Moroccan cities. The group's domestic strategy includes identifying 4-5 small towns within a 100 km radius of each Akdital hospital to open diagnostic centers, with plans to establish 200 such centers by 2030. Listed on the Casablanca Stock Exchange since December 2022 under the symbol AKT, Akdital continues to strengthen its position in Morocco's healthcare sector while beginning its international journey with the Dubai hospital project. Tags: AkditalMoroccan healthcare
Zawya
17-04-2025
- Business
- Zawya
Morocco's Akdital to open two hospitals in Saudi Arabia worth $200mln
Moroccan clinic operator Akdital said on Thursday it has signed a deal to set up two hospitals in Ryadh and Jeddah in Saudi Arabia for a total investment of $200 million. The deal was signed with Saudi real estate develoers Wataniyah Business Real Estate and Namaya, in line with Saudi Arabia's 2030 health strategy, the company said in a statement. The investment in the hospitals, which are due for completion by 2027, marks the first overseas expansion for the Casablanca-listed Akdital, which operates 36 hospitals across Morocco. (Reporting by Ahmed Eljechtimi Editing by Tomasz Janowski)
