Avey, a leading innovator in Artificial Intelligence (AI) health technology, and Aamal Company Q.S.P.C, one of the region’s leading diversified companies, are thrilled to announce a strategic partnership between Avey and Amal Company’s subsidiary, Aamal Medical. This strategic partnership aims to revolutionize healthcare in Qatar through the power of AI.
Aamal Medical has been a pillar of excellence in Qatar's healthcare landscape, consistently pushing the boundaries of medical advancement. For over 50 years Amal Medical has provided comprehensive healthcare solutions, including ICT projects, medical equipment, consultancy services, IoMT integration, medical consumables, maintenance services, and large-scale healthcare project execution. Their storied history is marked by a commitment to introducing groundbreaking technologies, providing top-tier medical services, and delivering large scale projects to both private and public healthcare entities.
Avey, an emerging HealthTech company, has quickly established itself as a leader in AI innovation. Distinguished by its market-leading proprietary AI Medical Diagnostic Algorithm, Avey excels in deep science, offering advanced solutions that significantly enhance healthcare delivery. Recently, Avey introduced a cutting-edge enterprise solution for healthcare providers designed to dramatically minimize medical errors, documentation time, and claim denials.
The healthcare sector in Qatar is undergoing a once-in-a-generation transformation, marked by the introduction of mandatory insurance coverage, insurance submissions in the public sector, and a unified health record system, just to name a few. This transformation necessitates the adoption of novel, world-class technology and proven leadership to mitigate costs, manage risks, and enhance service delivery.
Avey and Aamal Medical's partnership is uniquely positioned to support this evolution, providing innovative solutions that will drive efficiency and improve patient outcomes across Qatar. As such, the partners will collaborate on various nationwide megaprojects that aim to empower both the public and private healthcare sectors.
“This collaboration with Aamal Medical reflects our commitment to transforming healthcare with AI” stated Mohammed Hammoud, CEO of Avey.“By utilizing Avey's AI technologies, our goal is to enhance efficiency and elevate patient care throughout Qatar.”
Mr. Gokhan Ozkan, General Manager of Aamal Medical, commented: “We are excited to announce our collaboration with Avey. We intend to collaborate on various nationwide projects that aim to ensure even distribution of healthcare access across Qatar. With Avey’s AI technology, dedication and flexibility, access to healthcare may be more democratized for everyone.”
This partnership signifies a significant advancement in Qatar's medical sector, promising innovation and new opportunities for growth. Together, they envision a future where AI-driven solutions bridge gaps in healthcare delivery and create a more efficient, patient-centric system. This collaboration not only highlights the strengths of both companies but also sets a new benchmark for healthcare excellence in the region.
Aamal Medical, a fully owned subsidiary of Aamal Company Q.P.S.C., is a leading medical equipment supplier in Qatar. The company has exclusive distribution agreements with several leading international medical equipment suppliers.
Aamal Medical also provides consultancy services focused on the development of operating theatres and the installation of hospital information system.
The company offers a holistic range of medical equipment for hospitals and has recently expanded its product offerings to endoscopy, Ambulance and Emergency Medical Services (EMS) and Radio Frequency Identification (RFID) tracking.
Aamal is one of the Gulf region’s most diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As of 04 of August 2024, the Company had a market capitalisation of QAR 4.98 bn (US$ 1.38 bn).
Aamal’s operations are widely diversified and comprise 32 active business units (subsidiaries and joint ventures) with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar’s wider economic growth and development.
For further information on Aamal Company, please refer to the corporate website:
http://www.aamal.qa
Avey is an innovative HealthTech company specializing in developing novel AI-driven healthcare solutions. Avey is renowned for its proprietary market leading AI Medical Diagnostic Algorithm and is the recipient of several prestigious awards granted by Microsoft, Google Cloud, Deloitte, and KPMG, just to name a few.
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