UDC, Ruzgar Healthcare sign shareholder agreement to establish, operate ‘The Pearl International Hospital’

United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has announced the signing of a shareholder agreement with Ruzgar Healthcare Holding to establish and operate The Pearl International Hospital at The Pearl Island.The agreement was signed by Ibrahim Jassim al-Othman, UDC president, CEO, and member of the board; and Oktay Ercan, chairman of Ruzgar Healthcare Holding, at the UDC Tower.Al-Othman said: “The Pearl International Hospital represents a new milestone in the added-value services and facilities that UDC is introducing for residents of The Pearl Island. The partnership with Ruzgar Healthcare will specifically set new standards for state-of-the-art medical services and will offer an unrivalled patient experience in Qatar. In addition to the new hospital, UDC is also finalising the development of ‘United School International’ with the aim of making the Island an all-inclusive development.”For his part, Ercan stated that by partnering with UDC, Ruzgar Healthcare embarks on a new solid investment milestone that will indeed set new high standards for medical services that match the expectations of The Pearl Island community.The Pearl International Hospital, which will be located in Medina Centrale, will span 11,000sq m hosting all medical specialities with state-of-the-art equipment and facilities, superior medical services, and skilled professionals to provide clinical excellence and patient-centred care. The general hospital is set to open in the fourth quarter of 2022.Ruzgar Healthcare Holding is a specialised company working in the medical field in terms of investment, ownership, and hospital management.UDC is a leading Qatari public shareholding company with a strategy designed around identifying and investing in long-term projects contributing to Qatar’s growth and providing shareholder value. UDC activities cover a multitude of vital investment sectors including real estate development, property management, infrastructure and utilities, maritime, and hospitality-related businesses.