NewsEstithmar Holding reinforces its expansion in the healthcare sector in Iraq

Estithmar Holding reinforces its expansion in the healthcare sector in Iraq

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Baghdad- April 2024- Elegancia Healthcare W.L.L, a subsidiary of Estithmar Holding has entered into a second strategic agreement with the Iraqi Ministry of Health to manage and operate Al Hasan Al Mujtaba Teaching Hospital, with the capacity of 492-bed in Karbala Governorate in Iraq.

Elegancia Healthcare, signs its second agreement in Iraq. Recently, it managed and operated Al Nasiriya Teaching Hospital, bringing the total beds managed to nearly 1000 between the two hospitals.

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Dr. Sabah Noor Al-Musawi, Director General of Karbala Health, and Eng. Mohammed bin Bader Al-Sadah, Group CEO of Estithmar Holding, signed the agreement.

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.’’

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.”

Also Read: Estithmar Holding signs an agreement to manage and operate 492-bed hospital in Iraq

It is worth mentioning that these agreements are notable for their significant scope, specifically that Al Hasan Al Mujtaba Teaching Hospital encompasses three buildings and a wide array of healthcare services. 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.

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