Bahrain Bay:Bahrain The Future Generation Reserve (FGR) has announced a strategic agreement with the global healthcare company M42 to establish Mubadala Health Bahrain within the Future Generation Reserve Tower development in Bahrain Bay. The agreement was signed during the Abu Dhabi Future Health Summit in the United Arab Emirates.
According to Bahrain News Agency, this project marks M42's second healthcare facility in Bahrain, aiming to expand specialized healthcare services, create employment opportunities, and enhance healthcare cooperation between Bahrain and the UAE. The initiative is also part of a broader effort to attract high-value investments and solidify Bahrain's status as a regional hub for advanced healthcare services.
The development will allocate a dedicated building in Bahrain Bay for M42 to utilize its international expertise to expand specialized healthcare services. Shaikh Ali bin Salman Al Khalifa, CEO of the FGR, emphasized that the reserve was created to support long-term national development through strategic investments that generate sustainable value. He noted that the agreement aligns with this vision by enhancing Bahrain's investment appeal and supporting healthcare and economic resilience.
Shaikh Fahad bin Ahmed Al Khalifa, Chairman of Mubadala Health Bahrain, highlighted that the facility would offer specialized services in a waterfront setting, aiming to become a trusted healthcare destination aligned with Bahrain's healthcare priorities. The facility, developed through a joint venture with HealthVision, will combine multidisciplinary care and international clinical expertise.
Dimitris Moulavasilis, Group CEO of M42, stated that Bahrain plays a significant role in the company's regional growth strategy. He mentioned that Mubadala Health Bahrain represents M42's approach to growth through trusted partnerships, focusing on strengthening healthcare systems and improving community service.
Dr. Mohamed Ameen Al Saati, CEO of M42 Bahrain, outlined plans to develop the project into a fully integrated facility to meet Bahrain's healthcare needs. The facility will provide professional opportunities for local healthcare workers and foster Bahraini talent in specialized care.
Mubadala Health Bahrain is set to offer services in 20 medical specialties, including six inpatient surgical specialties. Its clinical services will encompass a wide range of specialties, complemented by advanced solutions in longevity medicine, precision medicine, genomics, AI, and wellness, supporting advanced healthcare delivery in Bahrain. The facility is expected to create around 200 jobs, focusing on recruiting Bahraini professionals and enhancing local capabilities in the healthcare sector.
The agreement underscores the FGR's commitment to attracting strategic investments to support economic diversification and generate sustainable long-term development returns.