Leading London Teaching Hospital, King’s College Hospital, to Launch New Clinics and Hospital in Dubai
King’s College Hospital London and Ashmore Group Plc have today announced that they will launch a multi-disciplinary hospital and several day care clinics in Dubai. Al Tayer Group, a diversified regional business, and Dubai Investments PJSC, the leading investment conglomerate listed on the Dubai Financial Market, are local equity partners in the project.
After the successful launch of King’s College Hospital’s flagship Abu Dhabi clinic, which recently celebrated its first anniversary, Dubai is set to become home to an 80-100 bed world-class hospital facility and several clinics which will all be fully integrated with King’s College Hospital’s facilities in London. King’s College Hospital Dubai will be located in the premium community of ‘Dubai Hills’ (being developed by Emaar and Meraas) with a total project cost estimated at c. USD200 million. UK-based Ashmore Group plc, a specialist emerging markets investment manager listed on London Stock Exchange will act as the investment manager for the project.
The first of the facilities to open their doors will be a number of clinics towards the end of 2016 and in 2017, in prime locations across Dubai. This will be followed by the 80-100-bed multi-specialty King’s College Hospital Dubai scheduled to open in 2018. The hospital will offer four main specialties - Paediatrics, Endocrinology, Orthopaedics and Obstetrics and Gynaecology - as well as other acute and general medical services. In line with the existing operating model of the Abu Dhabi clinic, all staff and services will be fully integrated with King’s College Hospital London to ensure provision of quality, evidence-based healthcare to UAE and regional consumers, with a significant proportion of experienced clinicians joining Kings College Hospital Dubai from the UK.
Commenting on the announcement HE Humaid Al Qutami, Chairman of the Board and Director-General of the Dubai Health Authority said: “The UAE offers extraordinary healthcare services in many fields and is committed to maintaining and developing clinical excellence for its residents, as well as medical tourists expected to travel here for treatment. The UAE's relationship with King’s College Hospital London has been strong for more than 30 years and we welcome the addition of this world class brand to our ever-expanding offering of healthcare providers in line with the UAE’s 2021 vision of achieving a world-class healthcare system.”
In line with this, the Rt Hon Alistair Burt, Minister of State for Health (UK) added: “The UK public and private healthcare system is considered among the top in the world. We are extremely excited to expand British healthcare internationally, particularly within the UAE. Our long-standing ties with the UAE will continue to strengthen with the presence of King's College Hospital and Clinics in Dubai, combined with the specialist emerging markets investment management experience of Ashmore Group plc.”
The drive to write the next chapter in the King’s College Hospital’s 170-year legacy by expanding into the UAE is a natural continuation of links between the UK and the Emirates. Ties between the hospital and the UAE originate from 1979, when a donation from His Highness Sheikh Zayed bin Sultan Al Nahyan, former President of the UAE, helped establish King’s liver research centre, now amongst the top three liver specialist centres in the world. Over the years, thousands of patients from the UAE have received treatment at the London hospital. The decision to bring its world-class quality to the UAE minimises the necessity for outbound medical travel for Emirati patients.
Sharing his remarks on the expansion, Sir Bob Kerslake, Chairman of King’s College Hospital London said: “We are extremely proud to announce our plans to establish a hospital and several clinics in Dubai, in partnership with Ashmore Group, Al Tayer Group and Dubai Investments. This follows on from the successful launch of our clinic in Abu Dhabi last year. All our operations in the UAE will be fully integrated with King’s College Hospital London. Dubai is a very important market and healthcare destination so, for us, bringing together the cosmopolitan city of Dubai with the best of British healthcare has been a long awaited and exciting collaboration.”