Algiers, October 12 (QNA) - Estithmar Holding Company announced Thursday the signing of an agreement to launch the Algerian-Qatari-German Hospital in partnership with the Algerian Ministry of Health in Algiers, through its subsidiary, Elegancia Healthcare.

The agreement was signed by Chairman of the Board of Directors of Estithmar Holding Company Mohammed Moataz Al Khayyat and Director of Health and Population of Algiers Lahlali Lahlali, in the presence of Secretary-General of the Algerian Ministry of Health Talhi Mohamed, HE Ambassador of the State of Qatar to Algeria Abdulaziz Ali Al-Naama, CEO of Estithmar Holding Company Mohammed Badr Al Sadah, and CEO of Elegancia Healthcare Joseph Hazel.

On this occasion, Chairman of the Board of Directors of Estithmar Holding Company Mohammed Moataz Al Khayyat told Qatar News Agency (QNA) that Algeria and Qatar have always enjoyed good fraternal relations based on mutual friendship and cooperation in several economic, cultural, and social fields.

These relations have been strengthened under the leadership and directives of HH the Amir Sheikh Tamim bin Hamad Al-Thani and HE President of the People's Democratic Republic of Algeria Abdelmadjid Tebboune.

Today, we are pleased to culminate this close relationship with the inauguration ceremony of the Algerian-Qatari-German Hospital in partnership with the Algerian Ministry of Health after completing all contracting procedures between the Estithmar Holding Company and the Algerian Ministry of Health, he added.

He also stressed that this new medical facility would be a basic pillar that contributes to supporting the development of the Algerian health sector for the benefit of the Algerian people and economy.

The Algerian-Qatari-German Hospital, which is scheduled to be fully opened by end of 2025, will be characterized by modernity and development and will include 300 beds, 30 intensive care units, 15 operating rooms, and 40 outpatient clinics, in addition to 20 areas designated for emergencies, as it will combine high-level medical competencies with the latest diagnostic and treatment technologies in one place. It will also be equipped to accommodate more than 250,000 visitors to outpatient clinics annually, in addition to more than 25,000 inpatients annually.

In a relevant statement to QNA, CEO of Estithmar Holding Company Mohammed Badr Al Sadah stressed the significance of the hospital, saying that the Algerian-Qatari partnership project will contribute to meeting a comprehensive range of medical needs of Algerian citizens, especially in the field of specialized medical services such as complex heart diseases, liver transplantation, neurosurgery, scoliosis, in addition to oncology surgery, chemotherapy, and others, which will reduce the need for Algerian citizens to travel abroad for treatment.

Elegancia Healthcare, a subsidiary of Estithmar Holding, occupies a pioneering and prestigious position in the field of healthcare in the State of Qatar.

The company's principles are based on the foundations of humane care and excellence according to international standards and a complete commitment to providing exceptional humanitarian service that takes care of the patient first and foremost and helps members of society enjoy health and a better lifestyle.

(QNA)