Burjeel Holdings to Establish the Leading Radiation Oncology Network in the GCC

• Acquires 80% stake in Dubai-based Advanced Care Oncology Center
• Announces plan to launch ACOC-branded radiation oncology centers across GCC

Burjeel Holdings, a leading super-specialty healthcare provider in the MENA region, has announced its plan to establish the leading radiation oncology network in the GCC, following its successful acquisition of an 80% stake in Dubai-based Advanced Care Oncology Center (ACOC), renowned for its specialized expertise in radiation therapy, nuclear medicine, and chemotherapy services. This transformative initiative aims to redefine cancer care delivery in the region, leveraging ACOC’s expertise to build a network that ensures accessible and advanced oncology treatment.

Burjeel has acquired the equity stake in ACOC for AED 92 million on a cash-free, debt-free basis, with an option to acquire the remaining stake. In 2024, ACOC recorded revenue of AED 64 million. Ensuring continuity of leadership, ACOC’s Founder and CEO, Bashir Abou Reslan, retains a 10% stake and continues to lead the center’s operations, maintaining excellence in patient care. The remaining 10% continues to be held by Raphael Khlat Middle East FZCO, an existing shareholder.

Driving Cancer Care Leadership in the GCC

The planned ACOC-branded network aims to strategically improve oncology access in underserved markets across the GCC. The stand-alone centers, which are part of the network, will serve as trusted hubs for radiation therapy. Each center will be equipped with cutting-edge technologies, including state-of-the-art LINAC systems, AI-driven radiation planning, and precision imaging tools. By offering focused and dedicated radiation therapy services, the centers will establish a robust platform for referrals from a broad network of healthcare providers.

This acquisition is a strategic fit for the Group’s growing oncology platform, anchored by the Burjeel Cancer Institute (BCI), one of the UAE’s largest cancer care networks. With facilities spanning Abu Dhabi, Al Ain, Al Dhafra, Sharjah, and Dubai, the Group delivers integrated and comprehensive oncology services including surgical oncology, immunotherapy, robotic surgery, and bone marrow transplants. The integration of ACOC into Burjeel’s ecosystem will ensure a streamlined and efficient care pathway, where referrals are directed toward highly specialized treatments.

Leveraging the Oracle Health EMR implementation for its diverse patient base, the network will drive medical research and data-driven innovations, further solidifying Burjeel’s leadership in preventive oncology and precision medicine.

Oncology Global & GCC Landscape

Globally, cancer cases are projected to increase significantly, driven by aging populations and lifestyle changes. According to the World Health Organization, annual global cancer diagnoses are expected to rise from 20 million in 2024 to over 30 million by 2040, highlighting the growing global burden of cancer.