Dubai bank joins robo-advisory investment trend with new app

Dubai bank joins robo-advisory investment trend with new app
Dubai bank joins robo-advisory investment trend with new app

Thank you for reading the news about bank joins robo-advisory investment trend with new app and now with the details

Jeddah - Yasmine El Tohamy - DUBAI: International Holding Company (IHC), an Abu Dhabi-based conglomerate, has acquired a 40 percent stake in emergency health care provider Response Plus Medical Services (RPM).
RPM offers on-site health care management and medical emergency transfers from remote work sites – usually for the oil and gas sector, chemical industries, as well as construction sites.
“IHC has a mission to transform health care and this acquisition expands our reach, scale and expertise to pursue our commitment on a truly regional and international level,” IHC chief Syed Basar Shueb said in a statement.
The acquisition will allow UAE-based RPM to further expand to other Gulf countries, as well as in the African continent where on-site health care management is crucial, he added.
RPM already has a presence in Saudi Arabia and Oman since 2019. It currently has more than 200 site clinics, and operates the largest fleet of ambulances in the UAE.
IHC has been investing in the health care industry over the last six months including in UK-based DNA sequencing firm Oxford Nanopore Technologies, Quantlase Lab, and Tamouh Healthcare.

 

These were the details of the news Dubai bank joins robo-advisory investment trend with new app for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Barclays and BNP Paribas report bumper Q1 profits