US FDA is gathering additional information on the matter, while Indian authorities have recently inspected the plants of the companies
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National Bank of Fujairah (NBF) on Wednesday announced its collaboration with Royal Health Group, a healthcare group based in Abu Dhabi, through funding them with Dh50 million to curb the spread of the Covid-19 pandemic.
The group provides a wide array of medical expertise in the UAE and beyond, where the funding was initiated towards better equipping them as a national response to the Covid-19 pandemic.
Royal Health Group has various healthcare provisions under its network, including specialised clinics, pharmacies, day surgeries, home care, and rehabilitation services. The funding was used to manage the operations of two Emergency Covid-19 hospitals, support mobile teams for regular PCR testing at various sites in the UAE, and assist the national vaccination campaign. These efforts combined will boost the national capacity and limit the spread of coronavirus cases.
Commenting on this, Rehan Ali, NBF’s head of Business Banking, said: “NBF has always been known as the preferred financial partner for businesses in the UAE, and we strongly believe that we have a role to play in supporting various stakeholders to pave the road towards economic and societal recovery. In initiating Dh50 million worth of funding, we reiterate the importance of collaboration between banks and businesses in future-proofing our society and economy. We would like to congratulate and thank Royal Health Group for their efforts to assist stop the spread of the Covid-19 pandemic and usher us into a new normal.”
Speaking on behalf of Royal Health Group, Dr Mohammed AlSeiari, chairman of Royal Heath Group, said: “Royal Heath Group, a well-recognised national healthcare group that is led by Emirati physicians, has been very effective in supporting UAE government’s fight against Covid-19 pandemic. With more than one million vaccination shots and two Covid-19 hospitals entrusted by the Department of Health, Royal Health Group became one of the major operators to fight against this pandemic during 2020-2021. Our partnership with NBF has been a major cornerstone to ensure the financial stability of the group’s medical operations.”
business@khaleejtimes.com
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