Babil Group acquires stake in Starcare Hospital Group

Roundup Saturday 24/April/2021 18:53 PM
By: Times News Service
Babil Group acquires stake in Starcare Hospital Group
Photo: Supplied

Muscat: Starcare International, the holding company that operates several prestigious hospitals, medical centres, and pharmacies in Oman and UAE has announced its new partner on board Babil group which is a diversified Oman-based company that’s core business is into supplies, trading, and hospitality fields. The company has operations in more than six countries.

“We had a minor stake in Starcare from its inception itself, which gave us good insight into the potential of the healthcare in the country in general and Starcare in particular. So it was only a natural choice for us to acquire a significant stake in the company when an opportunity arose," remarked SM Basheer, Managing Director of Babil group.

DrSadikKodakat, Chairman Starcare Group added, “COVID pandemic has caused a lot of changes in the marketplace. Even though we also went through a couple of tough months last year, the private healthcare sector has shown that it is resilient than most other sectors when it comes to business stability. Starcare also had to change some of its plans to adapt to the new normal. But we are excited to grab the new opportunities emerging in the market both here in Oman, where we are based at and abroad at the same time.”

While welcoming the Babil group, Nasser Batha, Co-founder and Group CEO of Starcare said, “In Oman, we are expanding our low-cost Saha clinics brand and Homecare division which are the need of the hour. New investments into the company will enable us to serve even a wider community.”

It is worth mentioning that Starcare Group started its journey in 2010 in Oman and has made remarkable progress in establishing itself as the benchmark for accreditation quality healthcare in Oman.

Starcare Hospital is a multi-speciality premium hospital in Muscat. We offer 24-hour emergency care, outpatient, day-care and inpatient services. The hospital is well-equipped with modular operating theatres, diagnostic facilities, world-class labour and delivery suites and star-rated inpatient rooms.

Starcare group has hospitals in Seeb and Barka and medical centres in Bausher, Mabela, Duqm and Samail.