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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
As the Kingdom seeks to shift to the “new model of care”, delivered through its network of health clusters being formed, the Ministry of Health (“MOH”) issued the first edition of the Health Cluster Management Guide, 2024, which includes several standards and requirements to ensure that health facilities affiliated with the MOH apply the best health practices and standards as applicable to the capabilities of the public sector facilities.
Oversight of these health standards in a transparent way will be crucial to achieving success and sustainability, ensuring policies and procedures are implemented correctly, and limiting risks and abuses. The guide includes a variety of checklist type standards for an assortment of care settings and departments, including those in:
It also includes cybersecurity standards as well as standards for engineering services, maintenance, and operation. Finally, the second chapter addresses the technical and administrative staff as well as healthcare practitioners.
We are looking forward to further announcements this year about the developments of the strategy concerning health clusters, the national health insurer, and the Health Holding Company.
Stay tuned here… Healthcare & Life Sciences MENA – Al Tamimi & Company
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