LabCorp (NYSE: LH) is teaming up with a healthcare firm in the United Arab Emirates to open a testing facility in Abu Dhabi.

will work with Mubadala Development Company to build what is called a “National Reference Laboratory.”

Financial terms were not disclosed.

The facility, which is scheduled to open late next year, is to provide a centralized location for a variety of tests that are currently performed in Europe and other areas, the companies said in a statement.

"This new state-of-the art clinical laboratory will deliver a comprehensive portfolio of routine and esoteric testing, drawing on our advanced technology, dedicated personnel and world class scientific leadership," said LabCorp Chief Executive Officer David King.

Mubadala Development Company is based in the UAE and is owned by the UAE government.