Emirates Development Bank-backed Emirates Growth Fund completed the acquisition of a minority stake in Tarmeem Healthcare Holding.

Emirates Development Bank-backed Emirates Growth Fund, a growth-focused platform for SMEs, completed the acquisition of a minority stake in Tarmeem Healthcare Holding, a healthcare provider. Financial terms were not disclosed. "We’re proud to back Tarmeem as our first investment. They represent the next generation of UAE businesses. They are mission-driven and deeply attuned to the country’s evolving needs. As the UAE invests in healthcare sovereignty and resilience, Tarmeem is well-positioned to lead and set new standards of excellence in specialized healthcare," Najla Al Midfa, Emirates Growth Fund Vice Chair & Managing Director.