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Under the Patronage of Saudi Minister of Health: GE Healthcare Signs MoU with Tatweer Medical Co Develop Advanced Diagnostics Center in Medical Village Project in Riyadh

GE Health care has announced a partnership arrangement with Tatweer Medical Co., a financial investment arm of Tatweer Holding, to create an innovative diagnostic center in just what is anticipated to become among the largest customized personal medical schools in the Kingdom, located near Riyadh's Diplomatic Quarter. The Medical Village project, readied to open in 2020, will hold 7 specialized hospital structures with greater than 900 beds and 33 stand-alone medical centers providing excellent quality care across all areas of specialization.

Through an innovative business version led by personal investment, GE Health care and Medical Town will certainly create a centralized Diagnostic Radiology Center that will offer the entire advancement, supplying sustainable top notch diagnostics to support Medical Town in achieving clinical excellence. The facility will also offer support to other analysis clinics in Riyadh, throughout the Kingdom and Gulf region, through advanced tele-radiology services.

The agreement was signed by Sheikh Huzam Salama Bin Saidan, CEO of Tatweer Medical, and Jalil Juha, President & CEO, GE Healthcare Saudi Arabia, in the presence of His Excellency Dr. Tawfiq Bin Fawzan Al Rabiah, Saudi Minister of Health, and Dr. Rafat Taher, Managing Director of Healthcare & Life Sciences at Saudi Arabian General Investment Authority (SAGIA); Adnan Abdullah Al-Olayan, CEO of Medical Village; Kieran Murphy, President & CEO, GE Healthcare; and Maher Abouzeid, President & CEO, GE Healthcare- Eastern Growth Markets, at Arab Health Exhibition & Congress 2018 in Dubai.

Dr. Rafat Taher, Managing Director of Healthcare & Life Science at SAGIA, said: "The contract between Tatweer Medical and GE Medical care underscores the favorable investment environment of Saudi Arabia. Health care is just one of the core economic sectors that uses appealing chances for public exclusive collaborations, and Medical Town establishes a model in this regard, bringing not only internal financial investment however additionally the sophisticated innovations and knowledge that will certainly improve the standards of healthcare delivery.

Adnan Abdullah Al-Olayan, Chief Executive Officer of Medical Town, said: "The Medical Village project is a visionary growth that enhances the goals of the Saudi Vision 2030 and the National Transformation Program 2020. As an innovative medical care center, Medical Town will unite skilled clinicians and professionals to provide premium quality care for the community. With our partnership with GE Healthcare, we are producing a diagnostics hub for the entire region that will make sure far better and prompt diagnosis, which is of essential importance in delivering effective healthcare."

alil Juha, President & CEO, GE Healthcare Saudi Arabia, said: "GE's partnership with Tatweer Medical is testimony to the power of partnerships in allowing boosted functional performance, precision and access to clinics and health centers across Saudi Arabia in accordance with the Ministry of Health's National Transformation Plan. We are pleased to see our technology and options aid build outcome-based treatment systems that are effective, cost-effective and still supply the most effective top quality of person care possible."

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