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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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MBRSG launches online campaign to identify innovative ideas

Dubai / Emirates Business The Board of Trustees of the Mohammed bin Rashid School of Government (MBRSG), a research and educational institution specialized in public policy in the Arab world, reviewed the results of an online brainstorming campaign launched by the School, to identify innovative ideas and suggestions to further develop programs and curricula in preparing future government leaders. Mohamed ...

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