Tamkeen and Mubadala Health Bahrain Sign Agreement to Boost Healthcare Sector

Manama:The Labour Fund, Tamkeen, has announced a significant cooperation agreement with Mubadala Health Bahrain. The partnership, which was formalized during the Gateway Gulf 2026 event, aims to bolster Bahrain's healthcare sector by establishing a new multidisciplinary healthcare facility in the Kingdom.

According to Bahrain News Agency, Mubadala Health Bahrain is a joint venture between M42, a global health leader utilizing artificial intelligence, technology, and genomics, and its Bahraini partner, HealthVision. This venture is expected to create over 200 jobs, including positions for medical consultants, specialist physicians, healthcare professionals, and support staff. The initiative is part of a broader effort to attract high-value investments and enhance Bahrain's status as a regional hub for healthcare services.

The new multispecialty hospital planned for Bahrain Bay will offer 20 medical specialties and state-of-the-art services, including AI-powered genetic testing and precision medicine. This facility aims to deliver predictive, preventive, and personalized care, aligning with Bahrain's strategic objectives to advance healthcare innovation and develop national talent in specialized fields.

Maha Abdulhameed Mofeez, Chief Executive of Tamkeen, highlighted the project's role in creating quality employment opportunities and fostering knowledge transfer to Bahraini talent. Dr. Mohamed Ameen AlSaati, CEO of M42 Bahrain, expressed gratitude to His Highness Shaikh Isa bin Salman bin Hamad Al Khalifa for supporting the development of local talent through this collaboration.

This investment supports Tamkeen's strategic priorities for 2026, focusing on attracting high-value investments and enhancing the private sector's competitiveness. It also underscores the economic ties between Bahrain and the United Arab Emirates, showcasing regional partnerships' growing importance in developing high-value sectors like healthcare.