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United Development Company Signs Shareholder Agreement with Ruzgar Healthcare to Establish and Operate ‘The Pearl International Hospital

December 15, 2021 / News

Al-Othman: “The Pearl International Hospital represents a new milestone in making The Pearl Island an all-inclusive development”


United Development Company (UDC), a leading Qatari public shareholding company and master developer of The Pearl and Gewan Islands, has announced the signing of a shareholder agreement with Ruzgar Healthcare Holding LLC to establish and operate The Pearl International Hospital at The Pearl Island.


The agreement was signed by Mr. Ibrahim Jassim Al-Othman, UDC President, CEO and Member of The Board and Mr. Oktay Ercan, Chairman of Ruzgar Healthcare Holding at UDC Tower.


Commenting on the agreement, Mr. Ibrahim Jassim Al-Othman stated: “The Pearl International Hospital represents a new milestone in the added-value services and facilities that UDC is introducing for residents of The Pearl Island. The partnership with Ruzgar Healthcare will specifically set new standards for state-of-the-art medical services and will offer an unrivalled patient experience in Qatar. In addition to the new hospital, UDC is also finalizing the development of ‘United School International’ in the aim of making the Island an all-inclusive development.”


For his part, Mr. Oktay Ercan stated that by partnering with UDC, Ruzgar Healthcare embarks on a new solid investment milestone which will indeed set new high standards for medical services that match the expectations of The Pearl Island community.


The Pearl International Hospital which will be located in Medina Centrale will span 11,000 sqm hosting all medical specialties with state-of-the-art equipment and facilities, superior medical services and skilled professionals to provide clinical excellence and patient-centered care. The prestigious general hospital is set to open in the fourth quarter of 2022.


Ruzgar Healthcare Holding is a specialized company working in the medical field in terms of investment, ownership and hospital management


UDC is a leading Qatari public shareholding company with a strategy designed around identifying and investing in long-term projects contributing to Qatar’s growth and providing shareholder value. UDC activities cover a multitude of vital investment sectors including real estate development, property management, infrastructure and utilities, maritime and hospitality related businesses

UNITED DEVELOPMENT COMPANY

info@udcqatar.com

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