NMC Health, a leading integrated private healthcare network operator in the UAE, today reported an adjusted net profit attributable to shareholders of $67.8 million for the six months ended June 30, an increase of 48.2 per cent year-on-year.
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
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
NMC Health has withdrawn its bid for rival United Arab Emirates-based healthcare provider Al Noor Hospitals due to valuation concerns, its vice chairman and chief executive told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
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.
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.
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
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.
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
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