14/03/2018 07:52 AST

Gulf Capital on Monday said it has acquired a controlling stake in ACCUMED, the revenue cycle management solutions provider to healthcare sector, marking the company's fourth technology-related investment to date.

No financial details of the deal were disclosed, Gulf Capital said in an emailed statement.

The company, which managed more than 9 million medical claims worth over Dh4.1 billion till date, will continue to deliver its services under the current leadership post acquisition, the statement added.


Gulf News

Ticker Price Volume
Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)
KIPCO named one of Forbes Middle East Sustainability Leaders

22/10/2026

KIPCO's - Kuwait Projects Company (Holding) - Group CEO, Sheikha Dana Naser Sabah Al-Ahmad Al-Sabah, has been named one of Forbes Middle East's Sustainability Leaders for the fourth consecutive year,

Kuwait Times

Shaikha Al-Bahar: Diversification underpins NBK's resilient performance amid regional challenges

22/10/2026

Shaikha Al-Bahar, Deputy Group CEO of National Bank of Kuwait (NBK), highlighted the Group's strong financial results in the first nine months of 2026, driven primarily by its core banking business d

Kuwait Times

Metal and Recycling inks plastic waste management deal with Equate

22/10/2026

Leading Kuwaiti group Metal and Recycling Company (MRC) said it has signed a plastic waste management agreement with Equate Petrochemical Company (Equate), under which it will manage and recycle the

Trade Arabia

Oman's oil output rises 12.3% to 305mn barrels in Jan-Sept

22/10/2026

Oman's oil production rose 12.3% in the first nine months of 2026, while the average price of its crude increased 14.7%. However, oil export volumes grew at a more moderate pace, according to officia

Muscat Daily

Alba reinforces industry leadership at London Metals event

22/10/2026

A senior delegation from Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, led by Chief Executive Officer Ali Al Baqali, engaged with key industry stakeholders during Londo

Trade Arabia