Tribune News Network
Doha
Estithmar Holding has entered a landmark agreement to manage and operate Misurata Hospital for Cardiovascular Disease and Surgery, in partnership with the Department of Support and Development of Medical Services of the Libyan Government of National Unity.
The agreement includes the transfer of the hospital’s management and operation to Elegancia Healthcare LIBQ Services W.L.L., a subsidiary of Estithmar Holding, for 15 years starting February 2025. The initiative focuses on elevating healthcare standards and expanding access to specialided treatment for Libyan citizens.
The contract was formalised during an official ceremony in Doha, with Eng. Mohamed bin Badr Al-Sadah, group CEO of Estithmar Holding, and Dr Ahmad Salem Ahmad, head of the Department of Support and Development of Medical Services under the Libyan Government of National Unity, signing the agreement. The event was attended by dignitaries including Ambassador of Qatar to Libya HE Khalid Mohammed Al Dosari; Ambassador of Libya to Qatar HE Mohamed Al-Lafi; Chairman of Estithmar Holding Moutaz Al-Khayyat; Vice Chairman and President of Estithmar Holding Ramez Al-Khayyat; along with members of Estithmar Holding’s Executive Team.
Eng. Mohammed bin Bader Al-Sada emphasised the significance of this partnership, stating: “This contract marks a pivotal step in our journey towards international expansion in the healthcare sector. It reflects our commitment to delivering world-class quality services through innovative and sustainable projects that aim to enhance medical services for Libyan citizens, localise the sector in Libya, and develop human capabilities and work methodologies.”
Dr Ahmad Salem Ahmad stated: “This marks an important and new step in strengthening the healthcare sector in Libya. We welcome all investors, particularly leading Qatari companies like Estithmar Holding, whose partnerships aim to improve medical services for Libyan citizens and align with the vision of the Government of National Unity and the directives of the Prime Minister. Through these efforts, we seek to provide high-quality healthcare within Libya, reducing the burden of traveling abroad for treatment, especially for complex cases like cardiovascular and vascular surgeries for adults and children.”
Estithmar Holding has an extensive track record in operating and managing numerous hospitals. The company owns and operates The View Hospital in partnership with Cedars-Sinai, the Korean Medical Center in Darb Lusail, Qatar, in collaboration with several leading Korean medical institutions, and the Algerian-Qatari-German Hospital in partnership with the Algerian Ministry of Health.
This is in addition to the company’s expansions abroad, including the management and operation of Al-Nasiriyah and Imam Al-Hassan Al-Mujtaba Teaching Hospitals in Iraq, the signing of a memorandum of understanding with the Ministry of Health in Uzbekistan and Kazakhstan, and other projects in the healthcare sector in other countries.
