Results for
NMC
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UAE hospital operator NMC sells its 53 pct stake in Saudi Medical Care Group
UAE hospital operator NMC Health said on Tuesday it had sold its 53 percent stake in the Saudi Medical Care Group.For the latest headlines, follow our ... Banking & Finance -
UAE’s NMC expects to exit administration, hand over to creditors by end-2021
UAE hospital operator NMC reported a 12 percent rise in third-quarter revenue on Monday and said it expected to exit administration and be taken over ... Economy -
UAE’s NMC health begins process to exit administration with future value of $2.25 bln
UAE hospital operator NMC said on Wednesday its companies will begin the process of exiting the administration process in Abu Dhabi, creating a new ... Economy -
Dubai Islamic Bank’s win in Abu Dhabi court to remain legal headache for NMC
An Abu Dhabi judge referred to arbitration a dispute between NMC and Dubai Islamic Bank and ordered the firm to pay most of the legal costs incurred ... Economy -
Health major NMC’s non-core asset sale plan still on despite creditors taking control
Hospital operator NMC will proceed with the sale of non-core international assets despite the planned transfer of the company’s business to ... Economy -
Abu Dhabi judge rules in favor of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favor of Dubai Islamic Bank and against the administrators of NMC, in a case that could complicate the private ... Economy -
Troubled UAE hospital operator NMC Health seeks investors
Administrators of troubled hospital operator NMC Health are sounding out potential buyer interest for its flagship business in the United Arab ... Economy -
NMC’s founder BR Shetty says will return to UAE
NMC Health founder BR Shetty said on Saturday he planned to return to the United Arab Emirates and denied reports he had fled the country after the ... Economy -
NMC Health gets operating reprieve with $250 mln loan
Hospital operator NMC Health has secured a $250 million financing facility which will allow it to continue to provide healthcare, its administrators ... Banking & Finance -
NMC Health wants to raise up to $250 million ahead of UAE insolvency process: Sources
Hospital operator NMC Health is looking to raise up to $250 million in debt while it prepares for insolvency proceedings in the United Arab Emirates ... Economy -
Criminal charges filed against individuals connected to NMC Health
Abu Dhabi Commercial Bank, a key lender to NMC Health, said on Wednesday it had filed a criminal complaint against a number individuals linked to the ... Gulf -
NMC creditor ADCB asks court to put health firm into administration
One of NMC Health Plc’s biggest creditors asked a court to put the troubled hospital operator into administration, prompting the company to counter ... Economy -
Abu Dhabi’s ADCB hires Lazard to advise on NMC Health, Finablr exposure: Sources
Abu Dhabi Commercial Bank PJSC (ADCB) hired Lazard Ltd. to advise on its exposure to NMC Health Plc and Finablr Plc, as the companies’ financial ... Economy
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