Mumtalakat and Arcapita have jointly invested in NAS, a leading TPA provider in the GCC region, targeting growth in the burgeoning healthcare services market.

Information on the Target

Founded in 2002 in Abu Dhabi, NAS has emerged as a regional leader in providing third-party administration (TPA) services to over 40 health insurance and takaful companies across the Gulf Cooperation Council (GCC) region. The company boasts a comprehensive network of more than 7,200 healthcare providers not only in the GCC but also extending to the Middle East and India. NAS handles the healthcare benefits administration for a substantial pool of over 500,000 insured members, processing an impressive volume of over 3 million medical claims annually.

The growing demand for outsourced medical claims management in the GCC is on the rise, fueled by the anticipated introduction of mandatory health insurance for expatriates and increasing healthcare expenditures arising from enhancements in healthcare quality in the region. This trend signifies NAS's pivotal role within the healthcare ecosystem, positioning the company for sustained growth and innovation.

Industry Overview in the GCC

The healthcare sector in the GCC countries is experiencing a period of rapid expansion, primarily driven by demographic shifts, increased health awareness, and a rise in disposable income. With a large expatriate population and a growing local popula