PureHealth Holding PJSC (ADX: PUREHEALTH), the largest integrated healthcare group in the Middle East, has reported robust financial results for the first half of 2025. The Group achieved a 9% year-on-year revenue growth, reaching AED 13.6 billion, driven by consistent performance across its Healthcare (Care) and Insurance (Cover) verticals.
The Group’s EBITDA rose 8% YoY to AED 2.3 billion, while net profit increased 2% to AED 1.03 billion.
Streamlined Operating Model: ‘Care’ and ‘Cover’ Verticals
As part of its transformation strategy, PureHealth has adopted a simplified operating structure:
-
Care: Includes Hospitals, Procurement, Diagnostics, and Technology
-
Cover: Focuses on the Group’s Insurance operations
This integration allows for improved synergy between care delivery and insurance offerings—making PureHealth the only MENA entity combining healthcare and insurance under one roof.
H1 2025 Highlights:
🚑 Healthcare (Care) Vertical – 72% of Total Revenue
-
AED 9.8 billion in revenue, up 7% YoY
-
13% growth in outpatient volumes (4.4 million visits)
-
7% rise in inpatient volumes (108,000 visits)
-
PureLab: 19% increase in testing volume (16.9 million tests)
-
Technology Services: 170% YoY revenue surge to AED 367 million; Pura app surpasses 620,000 users
Circle Health (UK subsidiary) strengthened its market position with the acquisition of Fairfield Independent Hospital in Merseyside, expanding inpatient capacity and regional coverage.
🛡️ Insurance (Cover) Vertical
-
Revenue grew 14% YoY to AED 3.8 billion
-
Gross Written Premiums rose 8% to AED 4.9 billion
-
Membership grew 6% YoY due to new offerings in underpenetrated markets
Strategic Developments
-
Acquisition of Hellenic Healthcare Group (HHG), enhancing presence in Greece and Cyprus (pending regulatory approval)
-
Daman Insurance: Entered the Property & Casualty insurance space, offering multi-line coverage
-
Rafed appointed as exclusive distributor under Abu Dhabi’s Unified Purchasing Programme
-
SEHA entered strategic partnership with Cincinnati Children’s Hospital to boost pediatric services in Abu Dhabi
-
Launch of OneHealth TurnKey Solutions and Home Dialysis Project, advancing home-based care
Financial Position and Global Outlook
With a Net Debt to EBITDA ratio of 1.4x and no outstanding bank debt, PureHealth maintains a healthy balance sheet. The Group repaid AED 1.85 billion in debt ahead of 2027 maturity, allowing for strategic flexibility in M&A and digital transformation initiatives.
According to H.E. Kamal Al Maazmi, Chairman of PureHealth:
“We are building a future-ready global healthcare ecosystem—where innovation meets human touch.”
Group CEO Shaista Asif emphasized:
“We’re enhancing AI-powered services, expanding globally, and transforming our assets to improve health outcomes worldwide.”