Latest news with #BurjeelHolding


Zawya
24-06-2025
- Business
- Zawya
Burjeel Holdings supports regional growth via $46.3mln acquisition deal
Burjeel Holding has acquired the Medeor 24x7 Hospital building in Dubai for AED 170 million, according to a press release. The acquisition aligns with the group's long-term strategy to enhance operational control, reduce fixed lease liabilities, and strengthen its asset base in strategic locations. Located near BurJuman, the medical facility was operated under a long-term lease with a remaining rental commitment of approximately AED 343 million over the next 15 years. The acquisition eliminates that lease liability and grants Burjeel full ownership of the high-performing facility. Meanwhile, Burjeel Holdings will be able to ensure uninterrupted operations, preserve brand equity, and avoid relocation costs. It also enhances operational flexibility for future service expansion and infrastructure upgrades. The hospital's strong patient volumes and central location support Burjeel Holdings' regional growth objectives, particularly in Dubai and the Northern Emirates. The CEO of Burjeel Holdings, John Sunil, said: 'By transitioning from leasehold to ownership in a key market, we reinforce our operational resilience and strengthen our platform for growth.' Medeor 24x7 Hospital, founded in 2015, is a JCI-accredited multi-speciality facility offering care in areas such as maternity, congenital surgery, cardiology, pulmonology, urology, dialysis, critical care, gastroenterology, and advanced laparoscopic and gynecological procedures. Burjeel Holdings recently launched four specialized mental health centers under its Alkalma mental health and wellbeing platform by integrating Aspris Healthcare facilities. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (


Al Etihad
16-06-2025
- Health
- Al Etihad
Burjeel chief announces Dh2.5m to support families of doctors and medical students killed in Air India crash
16 June 2025 15:59 ABU DHABI (ALETIHAD)Abu Dhabi-based doctor and Burjeel Holding chairman Dr. Shamsheer Vayalil has announced Dh2.5 million (60 million rupees) in financial aid for the families of medical students and doctors affected by the Air India Flight 171 crash in Ahmedabad, a statement from his office said. The tragic incident occurred on June 12, when a Boeing 787 aircraft crashed into the hostel and mess blocks of BJ Medical College. The impact killed four young MBBS students and at least five family members of doctors living on campus, while dozens more were injured. Moved by the magnitude of the tragedy—and drawing from his own years living in medical hostels during his education in Mangalore and Chennai—Dr. Shamsheer said the images of the devastation resonated deeply.'I saw the footage from the mess and the hostel, and it truly shook me,' he said. 'Those students started the day thinking about lectures, assignments, and patients. Their lives ended in a way none of us could ever imagine. It hit close. Too close.'The relief package includes ₹10 million for each of the four students' families, ₹2 million each for five seriously injured students, and ₹2 million each for the families of doctors who lost loved ones. The aid will be disbursed in coordination with the Junior Doctors' Association at BJ Medical those killed were four medical students — Jaiprakash Choudhary, Manav Bhadu, Aaryan Rajput and Rakesh Diyora. Among the injured is third-year student Ritesh Kumar Sharma, who was trapped under debris for hours with severe leg injuries. Many students lost not only friends but a sense of security and normalcy.'This support is not just financial; it is symbolic,' Dr. Shamsheer said. 'These students were preparing to serve others. Their memories must not fade into headlines. We must carry forward the dreams they didn't get to fulfil.' Dr. Shamsheer, who also stepped in to support victims of the 2010 Mangalore air crash, said this tragedy felt personal in a different way. 'These young men were part of the same fraternity I once belonged to. To have that life stolen, so violently, so suddenly, is heartbreaking.'