healthcare


UAE-based NMC Healthcare Placed In Administration

Middle East Business News - Published date: .

Move will allow group to secure additional $325m financing facility, while protecting the business from creditor action Read more

UAE's Mubadala Invests In US Pharma Business

Middle East Business News - Published date: .

Senior Mubadala exec says outsourced pharmaceutical services has been a key investment theme for the sovereign investor Read more

NMC Administrators Say They've Uncovered Most Of The Hidden Debt

Middle East Business News - Published date: .

NMC will focus on its operations in the UAE and Oman, while considering the sale of the non-core international subsidiar... Read more

NMC Health Administrators Secure $250m Funding

Middle East Business News - Published date: .

Perella Weinberg Partners have been retained as the investment bank to explore the potential sale of the international b... Read more

Investment Opportunities Exist In Covid-19 Crisis, Insists Ithmar Capital Founder

Middle East Business News - Published date: .

Faisal Bin Juma Belhoul said the current economic turmoil is 'deja-vu' from time of financial crash Read more

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

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 Chamber Donates $2.7m To Coronavirus Solidarity Fund

Middle East Business News - Published date: .

Chamber has already received a 'considerable number' of pledges from multinationals and family businesses in the emirate Read more

NMC Health Executive Chairman Calls For Patience From Creditors

Middle East Business News - Published date: .

NMC board has appointed PwC to advise on liquidity and operational matters Read more

NMC Convertible Bondholders Tap PJT Ahead Of Debt Restructuring

Middle East Business News - Published date: .

PJT is advising a group of investors in NMC Health's $360 million of convertible bonds due 2025 Read more

NMC Convertible Bondholders Tap PJT Ahead Of Debt Restructuring

Middle East Business News - Published date: .

PJT is advising a group of investors in NMC Health's $360 million of convertible bonds due 2025 Read more

UAE's Amanat Posts 40% Hike In Net Profit Despite Bahrain Hospital Losses

Middle East Business News - Published date: .

Amanat CEO says Royal Hospital for Women & Children is expected to become profitable in late 2020 Read more

Lebanon Minister Warns Health Sector At Threat Over Dollar Shortage

Middle East Business News - Published date: .

Jamal Jabak urges central bank to release US dollars over a hard currency shortage limiting medical imports to the prote... Read more

Bahrain's Investcorp Invests $45m In Indian Healthcare Firm

Middle East Business News - Published date: .

Investcorp has announced that it has closed a $45m investment in Nephrocare Health Services Private Limited Read more

UAE's Gulf Capital Exits Investment In Amana Healthcare

Middle East Business News - Published date: .

Move confirmed after Mubadala Investment Company, through its healthcare subsidiary, acquires Amana Healthcare Read more

Bahrain's Investcorp Inks Deal To Buy US Healthcare Firm

Middle East Business News - Published date: .

Investment firm signs fifth healthcare acquisition deal as it buys New York-based Health Plus Management Read more