NMC Health said it has signed an agreement with Hassana Investment Co., the investment arm of the General Organisation for Social Insurance (GoSI) of Saudi Arabia, to develop a pan Saudi network of health care facilities.

The memorandum of understanding targets a total investment of SR6 billion (Dh5.88 billion) and the employment of up to 10,000 staff over the next five years, NMC said in a statement. Other UAE based health care providers too are trying to make inroads into the kingdom’s health care sector. (Reuters)