Al Madina Investment announces RO72 million healthcare complex

Al Madina Investment SAOG – one of the leading investment companies in Oman announced today a RO72 Million integrated healthcare complex to be constructed in Hail Al Seeb. In a press conference to announce the project, officials from Al Madina Investment unveiled plans to open launch a 225-bed tertiary care hospital, 120 keys three-star hotel apartments, 300 residential apartments, a fitness centre and a dedicated retail space within the premises. The multi-use healthcare complex will be known as Al Madina International Hospital with an anticipated opening in 2018.

Presiding over the announcement which was held at the Millennium Executive Apartments in Muscat were Eng. Khamis Al Kiyumi, Vice-Chairman and Managing Director – Al Madina Investment SAOG, Abdul Rahman Barham, CEO of Al Madina Real Estate SAOC, Abdul Samad Al Maskari, CEO of Al Madina Investment SAOG, and Dr. Waleed Al Zadjali, CEO of Al Bashayer Specialized Medical Centre – technical partner and co-promoter for the hospital.

In addition, present at the launch event were Mohsin Shaik – Director and Head of Islamic Finance, Al Madina Investment, Ammar Abdullah Al Ali, Director of Business Development, Harith Al Brashdi – COO Al Madina Real Estate, who form the working team behind materialization of this project. They were supported by their teams and other executives from Al Madina Group.

Commenting on the project Eng. Khamis Al Kiyumi, Vice-Chairman and Managing Director of Al Madina Investment SAOG, said, “We have been always a market mover when it comes to groundbreaking and innovative investment opportunities here in Oman. Throughout our journey we have successfully launched investment opportunities in various sector such as Takaful, lease finance, logistics, real estate, education, and Islamic finance. Today, we are proud to announce a new concept in Oman– Al Madina International Hospital, an integrated multi-use healthcare complex that will benefit the Oman economy immensely.”

With the launch of their premiere project in the healthcare domain, it is the Company’s objective to raise the standard of healthcare facilities available in the Sultanate, to promote transparency in quality, pricing and patient safety and in general enhance the quality of care so that Omanis do not have to leave the country to receive the best medical opinions and treatment. This initiative became an area of focus following Oman’s Health Vision 2050, which aims to integrate the health sector with other areas of the economy, includes the establishment of 10,000 health centres to meet increasing demands arising from increased population and expanded geographical dimensions of Oman.


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