Dubai: Global medical technology business, Siemens Healthineers, has partnered with Middle Eastern investors to establish its first entity in the UAE.
The business has joined forces with Easa Saleh Al Gurg Group, a multidivisional conglomerate, and Electro Mechanical Co.LLC, an electrical product and services company, to set up Siemens Healthineers’ inaugural UAE establishment.
Siemens Healthineers offers medical imaging, laboratory diagnostics and advanced medical services, consulting and healthcare IT services in the region.
The partnership comes at a time the UAE government is encouraging cross-sectoral collaboration to advance its rapidly growing infrastructure and attract global investment.
Kay Zwingenbeger, Managing Director of Siemens Healthineers in Middle East and Africa, said the company has been established in the region to meet the gap in healthcare needs, and contribute to the market which is expected to grow 12.7% by 2020.
“With the inevitable transformation of the healthcare industry and increasing challenges that healthcare providers face, it is imperative as technology providers to be well-equipped in responding to changes in trends and paradigm shifts. As Siemens Healthineers, we are committed to delivering high-quality, affordable patient care in this value-based environment. Having Easa Saleh Al Gurg Group and Elmec as part of this journey gives us the confidence in becoming inspiring partners to our customers and shaping the future of healthcare together”.
This is a partnership that takes lead from our long standing ties with Siemens. The alliance in the field of healthcare adds a new synergy to our contribution in this fast developing sector with the objective to deliver a continual flow of market-leading new technologies,” added Abdulla Al Gurg, Group General Manager, Easa Saleh Al Gurg Group LLC.
He said, “Both patients and the community are beneficiaries of this relationship. We are equipped to deliver high-quality and sustainable services for both wellness and illness care. Our partnership with Siemens Healthineers is a natural progression to build on our strengths and partner with another organization that shares our vision. It also provides a unique platform to share best practices and support collaboration in a way that benefits the health of the UAE population.”
Mr. Shaheen Rubaya Al Muhairi, Managing Director of Electro Mechanical Co.LLC, commented:
“Electro Mechanical Co.LLC (ELMEC) has been associated with Siemens for the past four decades and we look forward to continuing this partnership with Siemens Healthineers in the U.A.E for the coming decades. ELMEC extends its full support to Siemens Healthineers to secure a significant market share in the healthcare industry.“
Siemens Healthineers is the separately managed healthcare business of Siemens AG enabling healthcare providers worldwide to meet their current challenges and to excel in their respective environments. A leader in medical technology, Siemens Healthineers is constantly innovating its portfolio of products and services in its core areas of diagnostic and therapeutic imaging and in laboratory diagnostics and molecular medicine. Siemens Healthineers is also actively developing its digital health services and enterprise services. To help customers succeed in today’s dynamic healthcare marketplace, Siemens Healthineers is championing new business models that maximize opportunity and minimize risk for healthcare providers.
In fiscal 2016, which ended on September 30, 2016, Siemens Healthineers generated revenue of €13.5 billion and net income of over €2.3 billion and has about 46,000 employees worldwide.
Easa Saleh Al Gurg Group LLC (ESAG), founded in 1960, by H.E. Easa Saleh Al Gurg, KCVO, CBE, is a multidivisional conglomerate with 28 companies. The Group has a range of diverse product and business interests that predominantly include retail, building and construction, industrial and joint ventures. With an active presence throughout UAE, Oman, Saudi Arabia, Iraq and Qatar; its reach stretches across Asia, Middle East, the African continent, parts of America, Australia and New Zealand.
As one of the leading business houses in the U.A.E., ESAG is regional partner to over 370 international brands and principals from across the world. Its portfolio of exclusive brands comprises the likes of Siemens, Osram, British American Tobacco, United Colors of Benetton, Dunlop, Armitage Shanks, Viking Johnson, SieMatic, Danfoss, Fisher & Paykel, Interfaceflor, Parador, Smeg, and 3M among others. The Group’s key joint ventures include Al Gurg Unilever, Siemens LLC, Al Gurg Fosroc, Arabian Explosives, Akzo Nobel Decorative Paints LLC, Siemens Healthineers and Al Gurg Smollan.
Electro Mechanical Co. LLC was established in 1971 as the exclusive agents of SIEMENS LLC in the Emirate of Abu Dhabi.
Electromechanical provides comprehensive engineering service, supply, installation and commissioning of the total range of products, services and systems manufactured by Siemens AG.
One of our main objectives is to provide Cost Effective, Solutions and Systems to our Customers and insure:-
Modern State of the Art Solutions based on the Siemens Quality Products and Services.
The main activities cover the Design, Engineering, Supply and / or Installation and Commissioning of the Electrical Products and Services / Systems of Siemens related to the following Sectors :-
- Power Transmission & Distribution up to 220 kV.
- Manufacturing of LV Switchgear Sivacon S8 under Siemens franchise agreement from ADPAC Factory in Mussafah
- Automation SCADA Systems and Drives, Power Monitoring and Energy Management System.
- Traffic Control Systems
- Trading activities through showroom in Abu Dhabi & Al Ain
- The U.A.E. Healthcare Sector: An Update. http://usuaebusiness.org/wp-content/uploads/2016/09/Healthcare-Report-Final.pdf [last accessed 05.12.16]