JobXDubai

In a significant development for job seekers in Dubai and the UAE, Aster DM Healthcare has announced a transformative deal with Fajr Capital, valuing its GCC business at a staggering $1.7 billion. The repercussions of this deal are substantial, with expectations of creating at least 2,000 jobs in the coming years. Alisha Moopen, the managing director and group CEO of Aster GCC business, shared this exciting news with Khaleej Times on Tuesday.

Expanding into New Horizons

Aster DM Healthcare is poised for expansion into Saudi Arabia, where they plan to establish close to 250 pharmacies across the kingdom. Dr. Azad Moopen, the founder and chairman of Aster, expressed their readiness to open the Medcare Royal Hospital in Al Qusais. Most of the anticipated recruitment will revolve around these two spheres, according to Alisha Moopen. This expansion signals an exciting era of growth in the healthcare sector, promising numerous job opportunities for job seekers.

Unlocking Value through the Deal

Alisha Moopen emphasized that the deal with Fajr Capital would take Aster’s GCC business into private hands, while the Indian arm remains listed. This strategic move will enable the company to focus separately on these two vital geographies, unlocking value for shareholders. Dr. Azad Moopen, founder and chairman of Aster Group, noted the positive impact this deal would have on expanding Aster’s bouquet of offerings.

Enhanced Capacity and Specializations

The deal’s positive impact extends to enhancing Aster’s capacity in tertiary and quaternary fields, with a specific focus on expanding oncology offerings, as noted by Dr. Moopen. This expansion will not only bring job opportunities but also contribute to the advancement of healthcare services in the region.

The Future of Medical Tourism in Dubai

Dubai has long been a hub for medical tourism due to its exceptional connectivity and infrastructure. Dr. Moopen sees potential growth in advanced medical facilities, including women’s health, orthopedics, and robotic surgery. These developments are expected to open up new avenues for job seekers in the healthcare sector.

As Aster DM Healthcare embarks on this transformative journey, the job market in Dubai and the UAE is set to witness a surge in employment opportunities. The deal with Fajr Capital marks a significant milestone, not only for the healthcare industry but also for job seekers looking to be part of an ambitious and expanding organization.

Stay tuned for more updates on this groundbreaking development.