UAE’s PureHealth to buy UK hospital operator Circle Health Group for $1.2bn

PureHealth signing an agreement to buy British hospital operator Circle Health Group in London. (WAM)
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Updated 29 August 2023
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UAE’s PureHealth to buy UK hospital operator Circle Health Group for $1.2bn

  • Acquisition marks company’s first foray into UK market

DUBAI: Abu Dhabi-based PureHealth has signed an agreement to buy British hospital operator Circle Health Group for 4.41 billion UAE dirhams ($1.2 billion), Emirates News Agency reported.

PureHealth is the UAE’s largest healthcare provider and the acquisition marks its first foray into the UK market.

According to the report, Circle Health Group has the UK’s largest network of private hospitals and was the first European healthcare provider to enter the Chinese market.

Under the agreement, PureHealth will acquire 100 percent of the group’s portfolio, which includes orthopedics, oncology, cardiothoracic surgery, ophthalmology, neurosurgery and general surgery, as well as the UK’s first purpose-built rehabilitation hospital.

“This acquisition marks an important milestone in our journey toward creating a global healthcare network which revolutionizes patient care,” PureHealth Group CEO Farhan Malik said.

“Our mission at PureHealth is to drive scientific innovation to unlock longevity and greater quality of life for humankind. Through integrating the expertise of both organizations, we positively impact the lives of patients globally.”
 


Closing Bell: Saudi main index closes in red at 11,183

Updated 16 February 2026
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Closing Bell: Saudi main index closes in red at 11,183

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 44.79 points, or 0.4 percent, to close at 11,183.85.

The total trading turnover of the benchmark index was SR4.05 billion ($1.08 billion), as 69 of the listed stocks advanced, while 191 retreated.

The MSCI Tadawul Index decreased, down 6.63 points or 0.44 percent, to close at 1,504.73.

The Kingdom’s parallel market Nomu lost 328.20 points, or 1.36 percent, to close at 23,764.92. This comes as 22 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Maharah Human Resources Co., with its share price surging by 7.26 percent to SR6.50.

Other top performers included Arabian Cement Co., which saw its share price rise by 6.27 percent to SR22.71, and Saudi Research and Media Group, which saw a 4.3 percent increase to SR104.30.

On the downside, the worst performer of the day was Arabian Internet and Communications Services Co., whose share price fell by 8.01 percent to SR207.80.

Jahez International Co. for Information System Technology and Al-Rajhi Co. for Cooperative Insurance also saw declines, with their shares dropping by 5.61 percent and 4.46 percent to SR12.79 and SR75, respectively.

On the announcement front, Etihad Etisalat Co. announced its financial results for 2025 with a 7.9 percent year-on-year growth in its revenues, to reach SR19.6 billion.

In a Tadawul statement, Mobily said that this growth is attributed to “the expansion of all revenue streams, with a healthy growth in the overall subscriber base.”

Mobily delivered an 11.6 percent increase in net profit, reaching SR3.4 billion in 2025 compared to SR3.1 billion in 2024.

The company’s share price reached SR67.85, marking a 0.37 percent increase on the main market.