Qatari Firm Wins Another Hospital Mgt Contract In Iraq


(MENAFN- Iraq Business News) By John Lee.

Qatar's Elegancia Healthcare , a subsidiary of Estithmar Holding , has entered into a second strategic agreement with the Iraqi Ministry of Health to manage and operate the 492-bed Al Hasan Al Mujtaba Teaching Hospital in Karbala Governorate.

The hospital is one of six for which the Iraqi Ministry of Health invited interested parties to pre-qualify in August 2023.

This agreement is the second of its kind for Elegancia Healthcare in Iraq, with an agreement signed to operate Al Nasiriya Teaching Hospital in Dhi Qar Governorate earlier this month.

The latest agreement was signed by Dr. Sabah Noor Al-Musawi, Director General of Karbala Health and Eng. Mohammed bin Bader Al-Sadah, in his capacity as Group CEO of Estithmar Holding.

On this occasion, Eng. Mohammed bin Bader Al-Sadah, Group CEO of Estithmar Holding, commented on Elegancia Healthcare's expansion in Iraq, stating:

"This initiative is in line with Estithmar Holding's efforts to expand its business and projects in Iraq and is an addition to the recent signed agreement with Dhi Qaar Governorate. We are particularly pleased to move forward with this strategic partnership, which aims to develop and upgrade the health sector in the Republic of Iraq, as we take pride in our numerous collaborations with the Iraqi Ministry of Health.

"Elegancia Healthcare ... is committed to enhancing and expanding its business portfolio. This initiative aims to foster growth opportunities and enhance shareholder value."

From his side Mr. Joseph Hazel, CEO of Elegancia Healthcare, said:

"These agreements seek to enhance and elevate the quality of healthcare services offered by both Al Hasan Al Mujtaba Teaching Hospital and Al-Nasiriyah Teaching Hospital. This includes improving operational efficiency, expanding medical specialties, and implementing the latest administrative and operational strategies, while leveraging Elegancia Healthcare's extensive expertise in managing and operating healthcare facilities."

This project includes comprehensive surgical treatment facilities for in-patient hospitalization, as well as a significant number of outpatient clinics offering various specialties. These clinics cater to consultations and treatments such as dialysis, physiotherapy, among others. Al Nasiriyah Teaching Hospital project also includes nineteen medical departments.

(Source: Estithmar Holding)

The post Qatari Firm Wins another Hospital Mgt Contract in Iraq first appeared on Iraq Business News .

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