Investcorp Capital today announced that it has reached an agreement to sell Reem Hospital, a leading Abu Dhabi-based multi-specialty and post-acute rehabilitation healthcare provider, to Arada, the UAE-based master developer, in a notable private healthcare investment.
Arada has acquired a significant controlling stake in Reem Hospital, the Abu Dhabi-based healthcare provider, in a move that marks the master developer's entry into the healthcare sector and accelerates its ambition to build one of the region's most comprehensive integrated wellness ecosystems.