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2026-07-17T09:30:15.000Z

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Dubai Investments Seeks Majority Stake in Clemenzo Medical Center

Dubai Investments Seeks Majority Stake in Clemenzo Medical Center

Dubai Investments announced its acquisition of an 80% majority stake in Clemenso Medical Center in Dubai through Dubai Industrial Investments, in a non-cash deal involving the sale of shares by existing shareholders. The financial impact of this transaction is expected to be reflected in the third quarter of the year, with a potential contribution to an increase in the company's assets ranging between 2% and 3%, without significantly affecting its current results. The move aims to diversify and expand the company's investments in the healthcare sector. The deal is scheduled to be finalized by July 31, 2026, after completing all legal and regulatory procedures. Previously, Dubai Investments held a 20% stake in the center since November 2018.

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