Debt Dispute
UK's Financial Reporting Council To Investigate Ernst & Young's Auditing Of NMC Health
Middle East Business News - Published date: .
Regular to concentrate on 2018 financial statements of troubled UAE-based healthcare provider Read more
US Law Firms To Pursue Legal Action Against Troubled NMC Health
Middle East Business News - Published date: .
Firms urging investors to contact them in a bid to recoup losses Read more
Embattled Finablr-owned Travelex Goes Up For Sale
Middle East Business News - Published date: .
BR Shetty has resigned from the board off Travelex, although he remains in place as chairman and majority stakeholder at... Read more
UAE-based NMC Heads To Administration After Bowing To Creditor Demands
Middle East Business News - Published date: .
Most of NMC's senior management has resigned since it revealed more than $4 billion of undisclosed debt. Read more
Dubai Islamic Slumps As NMC Exposure Risks Wiping 45% Of Profit
Middle East Business News - Published date: .
Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary Noor Bank about $116m Read more
Dubai Islamic Bank, Noor Bank Exposure To NMC At $541m
Middle East Business News - Published date: .
Abu Dhabi Commercial Bank has requested NMC be placed in administration Read more
Abu Dhabi Commercial Bank Requests NMC Be Placed In Administration
Middle East Business News - Published date: .
Embattled NMC has said such a move would endanger lives during coronavirus pandemic Read more