Gulf Capital Acquires Controlling Stake In ACCUMED

{{#if alert}}
{{msg}}
{{/if}} {{#if confirm}}
{{msg}}
{{/if}} {{#if email}}
Please enter a valid destination email id
{{/if}}
The company managed more than 9 million medical claims worth over Dh 4.1 billion till date
Dubai:
Gulf Capital on Monday said it has acquired a controlling stake in ACCUMED, the revenue cycle management solutions provider to healthcare sector, marking the company’s fourth technology-related investment to date.
No financial details of the deal were disclosed, Gulf Capital said in an emailed statement.
The company, which managed more than 9 million medical claims worth over Dh4.1 billion till date, will continue to deliver its services under the current leadership post acquisition, the statement added.

Saudi Asset Management Industry Passed SR1tn For First Time
Saudi Arabia assets under management sector tipped to pass $350bn next year Read more
Global Financial Firm Lazard Bets On UAE Growth With Abu Dhabi Office Launch
The move is seen as Lazard’s commitment to deepening its presence in MENA, serving as a trusted advisor to clients ac... Read more
PayPal, TerraPay Partner To Boost Real-time Digital Transfers Across Middle East And Africa
The MENA digital payments market, estimated at $251.34 billion in 2025, is expected to reach $422.56 billion by 2030 Read more
Goldman Sachs Alternatives Acquires Majority Stake In UAE HR Firm PeopleStrong
The acquisition underscores the company’s ambitious growth strategy in the GCC region Read more
Al Salam Bank Announces Details Of Its 2025 Danat Savings Scheme
The biggest reward programme in Bahrain to offer prizes worth $10.6 million, including three grand prizes of $2.65 mill... Read more
Saudi Arabia Sees Surge In Cashless Payments As It Adopts Digital Transactions
Saudi Arabia uses digital technology for 79 per cent of retail payments Read more