Elegancia Healthcare inks deal to manage & operate hospital in Iraq

By Shilpa Annie Joseph, Official Reporter
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Elegancia Healthcare signs deal with Iraq Ministry of Health
Officials during the signing ceremony.

Elegancia Healthcare, a subsidiary of Estithmar Holding, has entered into a strategic agreement with the Ministry of Health to manage and operate the 492-bed Al Nasiriya Teaching Hospital in Dhi Qaar Governorate, Republic of Iraq.

The agreement aims to elevate the current healthcare standards at Al Nasiriya Teaching Hospital, in addition to enhancing operational efficiency, improving service levels, and expanding its medical specialties.

It also seeks to achieve these goals by adopting the latest administrative and operational methodologies, leveraging Elegancia Healthcare’s extensive expertise and excellence in managing and operating healthcare facilities.

The scope of the agreement includes providing tailored medical services to meet the needs of residents in the governorate and neighboring areas. It involves providing Al Nasiriya Teaching Hospital with a diverse team of international and local medical experts.

Further, the scope of work covers comprehensive healthcare services, including medical procedures and the operational and maintenance aspects of the hospital, as well as managing human resources, and supply chain and offering technical support.

Eng. Mohamed Bin Badr Al-Sadah, CEO of Estithmar Holding, commented on this collaboration, saying, “This strategic move further enriches and adds to the number of projects and healthcare initiatives spearheaded by Estithmar Holding in Iraq. Through this agreement Elegancia Healthcare will undertake the management and operation of Al Nasiriya Teaching Hospital, ensuring the delivery of top-tier healthcare services.”

Al-Sadah further added that, “This agreement underscores our dedication to our business strategy which seeks to expand our presence in the healthcare sector. Our goal is to work towards enhancing and expanding our business portfolio to foster growth opportunities and add value for our shareholders.”

Last year, Elegancia Healthcare signed an MoU with the Ministry of Health in the Republic of Uzbekistan to establish a multi-specialty healthcare facility and undertake other healthcare initiatives across various countries.

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