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Health
Company Insights

PureHealth

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Health

PureHealth Overview

Founded in 2006 by Farhan Malik, PureHealth provides health insurance cover and care through its network of 114 hospitals and 316 clinics across five countries.

With more than three million members and 63,000 employees it is the largest integrated healthcare provider in the UAE.

In 2024 its revenue was AED25.8 billion, a 58 percent increase on the previous year.

PureHealth, backed by Abu Dhabi sovereign wealth fund ADQ, has been on an aggressive acquisition spree, recently buying the UK’s Circle Health Group, the UK’s largest private hospital network, Sheikh Shakhbout Medical City, the UAE’s largest tertiary care hospital, and a majority stake in Greece’s Hellenic Healthcare Group.

PureHealth went public on the Abu Dhabi Securities Exchange in December 2023, with an IPO that raised $986 million and was oversubscribed by 483 times.

PureHealth News

Pure Health is offering 1.11 billion ordinary shares through the IPO, or 10 percent of its total issued share capital

High demand puts Pure Health IPO order book at $72bn  

Pure Health, the largest healthcare group in the Middle East, set the final price for its initial public offering (IPO) at AED3.26 ($0.89), raising AED3.62 billion following strong demand from investors. The company is offering 1.11 billion ordinary shares, or 10 percent of its total issued share capital, on the Abu Dhabi Securities Exchange (ADX). The […]