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Faisal Holding signs a joint venture with Asisa Group The first international dental network in the UAE

March 21, 2019

Dubai, March 2019 – Faisal Holding the pioneeringinvestment holding company withover 44 years of widespread presence in the Middle East, expands its horizonsby signing a joint venture with Spanish giant, Asisa Group. The project isnamed Faisal Holding Asisa Dental Network, which will be operational in Dubai& Abu Dhabi and soon across the UAE. The joint venture will cater to thelocal and expat residents of the emirates, it would offer an internationaldental network clinic focusing on quality, integrity and world-class service.

FaisalHolding was established by H.E. Sheikh Faisal Bin Sultan Al Qassimi, inSharjah, and as a step to consolidate the various business that originated in1975. Coupled with its specialization in construction related developments andlarge-scale projects along with its keen understanding of the global market,over the years, Faisal Holding has expanded into property and real estatemanagement, investments, retail, hospitality, integrated marketing services,and the healthcare sector.

AsisaGroup is the largest medical corporation in Spain with over 40 yearsof market presence and was listed as theworld’s 4th top Group. Asisa Group has created one ofEurope’s largest dental networks of solely owned clinics – Asisa Dental. AsisaDental prides itself on maintaining patient satisfaction as its top priorityalong with the integration of the highest quality treatments across all itsmedical procedures. The proven track record of more than 20 years of patientsatisfaction, further reinforces Asisa Dental’s continued success inthe dental industry.

H.E.Sheikh Khalid Bin Faisal Bin Sultan Al Qassim -Vice Chairman- Faisal Holding& Chairman with Faisal Holding Dental Network, expressed his enthusiasm byhighlighting, “Faisal Holding’s investment in healthcare and joint venture withthe Asisa Group’s dental care specialists, Asisa Dental, will provide qualityinternational dental care services that are world-class. This offering will seta benchmark for the Dental industry in the UAE, with an aim to give our localcommunity and expat residents consistent dental care across our network ofclinics that we will launch in the various emirates of the UAE.”

Mr.Brett Schafer Chief Executive Officer – Faisal Holding & Director- FaisalHolding Dental Network commented, “Our research and development team havestudied the markets and have identified the gaps in the healthcare industry.With our UAE market know-how and along with Asisa’s expertise in dentalcare,the joint venture will guarantee quality dental care which sets us apart fromexisting dental services. This is the first international dental network whichwill be launched in the UAE market.

Mr.Alvaro Martinez- Arroyo Lopez Director & General Manager – Asisa MiddleEast & Corporate Development Director for Asisa Group – (Worldwide) said,”This joint venture between Faisal Holding and Asisa Group named FaisalHolding Asisa Dental Network is a union of international dental expertise withlocal pioneers. Together we offer premium quality, high-class treatments andservices. It is our motto to provide to the UAE residents the sameinternational treatment and services across all our clinics, through ourspecialised and carefully selected doctors.”The clinics will beoperational in a couple of months, where the networks brand name will also berevealed.