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Medical tourism defies economic odds

Emirates Business Every year, the UAE healthcare authorities send several thousand locals abroad to hospitals in Germany, the UK, the US and elsewhere. For patients it means they receive the treatment they need in areas such as oncology, neurosurgery and cardiology that are unavailable locally. But this comes at a price. Dubai Health Authority (DHA) says it spent an average ...

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Healthcare majors warned to prepare for challenges as acquisitions rise in GCC

Abu Dhabi / Emirates Business With acquisitions in the GCC healthcare sector expected to accelerate this year, the region’s larger hospital groups have been told to prepare for serious challenges which could undermine profits from mergers with physician practices. PA Consulting Group warns that while consolidation in healthcare can bring high returns, the bigger hospital groups must guard against the ...

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GFH announces net profit for 2015

Bahrain / Emirates Business GFH Financial Group (GFH) on Saturday announced its full year financial results for 2015 with a consolidated profit of US$ 29 million before provisions of US$17 million, and a net profit of US$ 12.0 million, signaling sustained profitability for the Group. The consolidated net profit for 2015 was US$ 12 million compared to net profit of ...

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