Alternative asset manager Gulf Capital has completed an investment in Abu Dhabi-based Amana Healthcare, which provides medical care and post-acute rehabilitation to UAE nationals.
The investment allows Amana to expand its services in the healthcare sector of the Gulf region.
Gulf Capital CEO Dr Karim El Solh said: "This investment by Gulf Capital will assist Amana Healthcare in realising its tremendous growth potential in this critical sector of specialised healthcare.
"Its strong management and proven track record of delivering best-in-class services are the precise qualities that Gulf Capital seeks in a business partner."
Established in 2013 with an 80-bed hospital, Amana Healthcare provides long-term acute care, post-acute rehabilitation, and home transition and respite care services in the UAE.
Amana Healthcare received a license from Health Authority of Abu Dhabi to offer medical and rehabilitation services for complex patients that require intensive rehabilitation or round-the-clock medical supervision.
Amana Healthcare co-founder Ali Hashemi said: "This investment from Gulf Capital will expedite Amana Healthcare’s plans to deliver best-in-class, long-term medical care and post-acute rehabilitation to citizens of the UAE.
The services provided by Amana include intensive medical and nursing care, medication and symptom management, mobility support, physiotherapy, occupational therapy, speech therapy and respiratory therapy.
Amana intends to open its second facility in Abu Dhabi by the end of 2014.
Image: Gulf Capital has completed an investment in Amana Healthcare. Photo: courtesy of Gulf Capital.