14-Aug-15 The Abraaj Group, a leading investor group operating in global growth markets, has announced it acquired a stake in Yü-Ce Medical, a disposable medical supplies manufacturer in Turkey. Abraaj will focus on increasing Yü-Ce's production capacity, expanding its sales and distribution network and further enhancing the company’s product offering. [image: Abraaj Captial]

20-Jul-15 Stryker Corporation has announced a definitive agreement to acquire Muka Metal in an all cash transaction. Muka, headquartered in Kayseri, Turkey, sells hospital beds, stretchers and related patient room furniture and accessories in Turkey and globally. [image: Stryker Corporation]

14-Jul-15 IBM supercomputer Watson is learning Arabic and setting up in the Middle East. The big data service will be part of a JV between IBM and Abu Dhabi's government investment arm. The company is banking on healthcare organizations turning to Watson, as customers like Cleveland Clinic and Mayo Clinic have done in the US. [image: Andrew Spear-The Washington Post/Getty Images]

25-Jun-15 The International Finance Corporation (IFC) has agreed to lend USD172 mn to fund the building of the world's biggest healthcare facility, to be located in Turkey. The new campus will house eight hospitals with almost 2,500 beds and is part of a program to improve Turkey's public hospital infrastructure. [image: Hurriyet Daily News]

28-May-15 India-based Apollo Hospitals, a top healthcare provider, has unveiled a revolutionary knee replacement technique in the UAE, which can facilitate a replacement that lasts for more than 30 years and is suitable for patients between ages 45-55 and those suffering from obesity. [image: Trade Arabia]