Thursday 28 March 2024
 
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Shetty

Financial services holding firm Finablr set up

Noted UAE-based businessman Dr Bavaguthu Raghuram Shetty has announced the creation of “Finablr”, a new holding company which, subject to regulatory approvals, will consolidate his global portfolio of financial services brands unde

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NMC Health promotes Manghat as CEO

NMC Health, a leading integrated healthcare provider operating across the UAE, has appointed its current deputy CEO and executive director Prasanth Manghat as chief executive officer, effective today (March 8).   Manghat, who

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NMC Health profits surge 76.5pc to $151m

NMC Health, a leading integrated private healthcare provider in the UAE, has reported a net profit of $151.4 million for 2016, a 76.5 per cent increase on previous year’s figures. The group’s revenues increased by 38.6

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India budget termed 'forward-looking'

The union budget of India 2017-2018, presented today by India's Finance Minister Arun Jaitley is a forward-looking budget designed to propel the economy forward, UAE-based finance experts said. Macro-economically it is a good

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NMC airlifts medical aid to Nepal quake victims

UAE-based NMC Healthcare airlifted medical supplies worth Dh1.8 million ($490,000) to Nepal last week as part of ongoing efforts to help victims of the devastating earthquakes which have killed thousands in the Himalayan nation. T

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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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‘Malaga Panvel’ unveiled at Dubai show

Popular Indian actor Shilpa Shetty and her businessman husband Raj Kundra unveiled their Malaga Panvel project at the recently concluded Indian Property Show in Dubai. Brought in Dubai by Grouphomebuyers.com, an online property br

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NMC Health revenue rises

NMC Health, a leading integrated healthcare provider operating across the UAE, has reported a revenue of $166.4 million for the four months up to April 30. Revenue in the group’s Healthcare division increased 22.3 per cent to $84.1 million

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NMC Health raises $187m from London IPO

UAE healthcare provider NMC Health, founded by billionaire Indian entrepreneur BR Shetty, has raised 117 million pounds ($186.9 million) from its initial public offering on the London Stock Exchange, a statement said on Monday. The offerin

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UAE Exchange sells 40pc stake for $2bn

UAE Exchange, one of the largest foreign exchange firms in the United Arab Emirates, has sold a 40-per cent stake to Centurion Investment, the companies said on Tuesday, in a deal said to be worth $2 billion. 'Centurion has acquired a

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