Aster DM Healthcare backs International Modern Hospital in Dh1 Billion UAE push
Aster DM Healthcare announced that it has reached an agreement with Al Tawfeeq for Development and Investment (ATDI) to invest in International Modern Hospital (IMH), a multi-specialty hospital located in Al Mankhool, Dubai. The transaction remains subject to regulatory approvals, but represents a significant milestone in Aster’s commitment to supporting Dubai’s expanding healthcare ecosystem.…
Aster DM Healthcare has secured an agreement with Al Tawfeeq for Development and Investment (ATDI) to invest Dh1 billion in International Modern Hospital (IMH), a multi-specialty hospital situated in Al Mankhool, Dubai. This investment, which is subject to regulatory approvals, is part of Aster's broader commitment to support Dubai's healthcare ecosystem over the next five years, totaling Dh1 billion or more.
The transaction will enhance Aster Hospitals' capacity with IMH's 116 beds and 39 outpatient clinics, reinforcing the existing 399-bed capacity of Aster's medical chain in the UAE. This new addition will provide patients with expanded access to clinical expertise, seamless continuity of care, and a broader network of specialists, further underlining Aster DM Healthcare's dedication to delivering high-quality healthcare services throughout Dubai and the UAE.
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