The Finance World Magazine| Edition: March 2023
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.
Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
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Healthcare News<br />
Burjeel Holdings Records $96.73M in Net Profit<br />
Burjeel Holdings, a healthcare<br />
provider based in the United<br />
Arab Emirates, has reported a<br />
net profit of $96.73M for the<br />
year 2022. <strong>The</strong> company’s revenue for<br />
the year was $545.32M, an increase of<br />
14.6% from the previous year. Burjeel<br />
Holdings attributes its strong financial<br />
performance to its strategic investments<br />
in infrastructure, technology, and human<br />
capital, as well as its commitment to<br />
delivering high-quality healthcare<br />
services to patients. <strong>The</strong> company<br />
operates a network of hospitals and<br />
clinics across the UAE, offering a wide<br />
range of medical services to both local<br />
and international patients. Burjeel<br />
Holdings’ strong financial results<br />
reflect the growing demand for quality<br />
healthcare services in the region.<br />
Khalifa University opens<br />
Body Museum at College<br />
of Medicine and Health<br />
Sciences<br />
Khalifa University has recently<br />
opened a new Body Museum<br />
at its College of Medicine<br />
and Health Sciences in Abu<br />
Dhabi, United Arab Emirates. <strong>The</strong><br />
museum, which is the first of its kind<br />
in the region, aims to provide a unique<br />
learning experience for students and<br />
visitors by showcasing the anatomy<br />
and physiology of the human body<br />
through preserved specimens and<br />
interactive exhibits. <strong>The</strong> collection<br />
includes over 150 specimens, ranging<br />
from full-body displays to individual<br />
organs and tissues, that have been<br />
meticulously prepared and preserved<br />
using a technique known as plastination.<br />
<strong>The</strong> museum is expected to become a<br />
valuable resource for medical students,<br />
researchers, and the wider community,<br />
promoting a better understanding of<br />
the human body and its functions.<br />
Sukoon and Aster DM Healthcare Join Forces to<br />
Revolutionize health Insurance Coverage<br />
Sukoon, a leading insurance provider,<br />
has recently announced<br />
the launch of their new health<br />
insurance plans in partnership<br />
with Aster DM Healthcare. <strong>The</strong> plans<br />
offer extensive coverage for medical<br />
expenses and healthcare services, including<br />
hospitalization, diagnostic tests,<br />
and outpatient care. <strong>The</strong> partnership<br />
with Aster DM Healthcare, a prominent<br />
healthcare provider in the Middle East,<br />
will ensure that policyholders have<br />
Alpha Dhabi Holding<br />
Doubles Its FY 2022<br />
Net Profit to $2.8B<br />
Alpha Dhabi Holding, a<br />
subsidiary of the International<br />
Holding Company (IHC), has<br />
reported a significant increase<br />
in its net profit for the fiscal year 2022.<br />
<strong>The</strong> company’s net profit doubled to<br />
$2.8B, up from $1.4B in the previous<br />
year, driven by a strong performance<br />
across its various business segments,<br />
including construction, real estate, and<br />
healthcare. Alpha Dhabi Holding has<br />
been actively expanding its portfolio,<br />
with recent acquisitions including<br />
the healthcare provider UEMedical<br />
and a stake in Abu Dhabi-based real<br />
estate firm Aldar Properties. <strong>The</strong><br />
company’s solid financial performance<br />
underscores its strategic vision and its<br />
position as a key player in the region’s<br />
rapidly growing economy.<br />
access to a wide network of top-quality<br />
healthcare facilities and medical<br />
professionals. <strong>The</strong> plans also include<br />
additional benefits such as teleconsultations,<br />
wellness programs, and<br />
discounts on prescription medication.<br />
Sukoon’s new health insurance plans<br />
are designed to provide peace of mind<br />
and financial security to individuals<br />
and families, especially during these<br />
uncertain times.<br />
52 www.thefinanceworld.com <strong>March</strong> <strong>2023</strong>