THE MIDDLE EAST’S
44. Wael Abdallah
• Group CEO
Company: Cambridge Health Group (CHG)
Nationality: Lebanese
Residence: UAE
Category: Hospitals
Abdallah assumed his position in March 2026, having served as interim group CEO from February 2025. Cambridge Health Group, part of Amanat Holdings, provides post-acute care, rehabilitation, and long-term care services. It operates six facilities with 715 beds as of March 2026. In Q1 2026, Cambridge Health Group’s revenues increased by 27% and net profit increased sixfold YoY. In March 2026, it acquired a minority interest in Sukoon International Holding Company, bringing ownership to 100%. In June 2026, Amanat Holdings acquired an additional 13% stake in Cambridge Health Group, increasing ownership to 100%.