Mubadala signs MoU with Nirvana to support Medical Tourism
Mubadala Investment Company, through its healthcare arm, has signed a memorandum of understanding (MOU) with Nirvana Travel and Tourism.
The MoU formalises Mubadala’s intention to collaborate with Nirvana on projects that will support a key objective of the Abu Dhabi Vision 2030 — to establish the emirate as a leading destination of choice for patients from the GCC, MENA region, China, Russia and India.
The collaboration will focus on efforts supporting the vision, such as “creating attractive and all-inclusive medical tourism packages, as well as exploring joint marketing and business opportunities,” they said in a statement.
“By working together, Mubadala and Nirvana can ensure that patients will experience only the highest standards across the full spectrum of treatment and travel, thus helping cement Abu Dhabi’s reputation as the destination of choice for healthcare.”Abdulla Abdul Aziz Al Shamsi, Head of Mubadala Healthcare
The MoU between Mobadala and Nirvana follows the example set by Abu Dhabi’s Department of Health and Department of Culture and Tourism. Together, they have set up a platform where potential patients can find useful information regarding healthcare providers and medical tourism packages, as well as visa applications and accommodation.
Abu Dhabi has already seen huge investments into the medical tourism sector. The wider HealthTech ecosystem is also gaining ground with Altibbi, Okadoc, Health At Hand and others setting up and gaining investor attention.
Alaa Al Ali, Nirvana CEO, said that “Many factors qualify Abu Dhabi to become one of the most sophisticated and sustainable therapeutic tourism destinations in the world. These include the emirate’s strategic location, the existing world-class healthcare providers and expertise, a strong legislation and regulation framework, in addition to the flourishing local economic and tourism sectors.”
According to a recent media report, Abu Dhabi attracts patients from more than 80 countries. There are many initiatives that have and will be taken to strengthen Abu Dhabi’s position as a leading medical tourism destination.
This is the first of many partnerships we intend to establish to promote sustainable growth in medical tourism, in line with Abu Dhabi Economic Vision 2030 and efforts to diversify our economy.Abdulla Abdul Aziz Al Shamsi, Head of Mubadala Healthcare
Mubadala has an extensive integrated healthcare network that includes Cleveland Clinic Abu Dhabi, Healthpoint, Imperial College London Diabetes Centre, National Reference Laboratory, Abu Dhabi Telemedicine Centre, Capital Health Screening Centre and Amana Healthcare. Mubadala Healthcare has plans for continued expansion to better serve an increasing number of domestic and international patients.
Investor support is crucial to strengthen the medical ecosystem within the UAE. There has been a distrustful environment that has gained ground in the country over the years, which often sees people from the UAE go abroad for medical treatments. We are happy to see investors such as Kareem Elsirafy and Mubadala are looking to change that.
