Dubai-based health insurer Bupa Arabia partners with VC fund

Dubai-based health insurer Bupa Arabia has selected the Global Ventures Fund II as part of a strategy to participate and invest in disruptive healthcare and insurance technologies, in addition to other targeted growth sectors.

Bupa Arabia recently received regulatory approvals to establish Bupa Arabia Ventures, which will expand its investment portfolio in technology companies.

“We are excited about Global Ventures’ Fund II prospects,” Nader Ashoor, chief financial officer of Bupa Arabia. “We are quite pleased with Global Ventures governance, capabilities, investment approach and track record, and look forward to activate our strategic partnership in . . .

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