Friday 29 April 2016
 
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NMC Health

NMC sees 2016 earnings jump on recent buyouts

NMC Health, the UAE-based healthcare provider, expects earnings to increase by 45 per cent this year on the back of recent and future acquisitions as well as organic growth, its deputy chief executive said on Sunday. The company c

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NMC 2015 revenue up 37pc to top $880m

NMC Health, the leading integrated private healthcare provider operating across the UAE, has posted revenue of $880.9 million for 2015 as against $643.9 million in the previous year, an increase of 36.8 per cent. Net profit increa

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NMC Health withdraws Al Noor bid on valuation

NMC Health has withdrawn its bid for rival United Arab Emirates-based healthcare provider Al Noor Hospitals due to valuation concerns, its vice chairman and chief executive told Reuters on Monday. "The transaction is not goin

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NMC Health closes acquisition of Provita

Abu Dhabi-based NMC Health, a leading integrated private healthcare provider, has announced that it has completed its acquisition of ProVita International Medical Center, a major provider of long-term medical care in the UAE. Dr B

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NMC Health buys UAE care giver for $160m

Abu Dhabi-based NMC Health, a leading private healthcare provider, will acquire 100 per cent of the share capital of ProVita International Medical Center, a top long-term medical care provider in the UAE, for $160.6 million. The a

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NMC Health completes acquisition of Americare

NMC Health, a leading private healthcare provider operating across the UAE has completed its acquisition of Americare Group, a leading provider in the UAE in-home healthcare services segment. The acquisition, which was expected to

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NMC posts 12pc rise in 2014 profit; buys Spanish firm

NMC Health, a leading healthcare operator in the UAE, has announced a 12.1 per cent rise in net profit to $77.5 million for 2014 as well as the acquisition of a global fertility treatment provider based in Barcelona, Spain for $162 million.

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NMC Health signs $825m loan

NMC Health, the London-listed United Arab Emirates healthcare provider, has signed an $825 million loan with a group of banks, the company said in a bourse filing on Monday. The facility is divided into two tranches - the first, for $35

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NMC in talks with banks for possible loan

UAE-based healthcare provider NMC Health, founded by billionaire Indian entrepreneur BR Shetty, is in talks with bankers for a potential long-term loan, four sources with knowledge of the matter said on Monday. The London-listed c

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NMC Health lifts profit 27pc on higher occupancy

NMC Health, the United Arab Emirates healthcare provider, boosted first-half profit by nearly 27 percent, aided by higher occupancy across its hospitals, it said on Tuesday. The London-listed company, which operates general and sp

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