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NMC Health was founded by B. R. Shetty in 1974 as the New Medical Centre in Abu Dhabi. [8] In 1981, a new marketing & distribution division, NMC Trading was launched, which distributed medicines to pharmacies in the UAE.
NMC Specialty Hospital, Abu Dhabi (Private) Salama Hospital, Abu Dhabi (Private) Shaikh Khalifa Medical City ( Abu Dhabi Health Services Company (SEHA), managed by Cleveland Clinic) [ 1 ]
In 2012, Shetty led NMC through an IPO on the London Stock Exchange, which raised $330 million. The funds went towards building a specialty hospital in Khalifa City, Abu Dhabi. [22] In June 2016, Shetty announced that he was building the first medical university in Abu Dhabi in honor of Sheikh Zayed. [17]
The hospital was acquired in March 2017 [5] by Abu Dhabi-based NMC Healthcare for $560 million from previous owner Gulf Medical Projects Company, [1] which continues to own and operate Al Zahra Hospital, Dubai. [6] Al Zahra Hospital, Sharjah, recorded 2015 revenues of $130.4 million, with a net income of $38.8 million.
This became officially known as the Oasis Hospital, unofficially as the “Kennedy Hospital” to local people. In 1966, a small outpatient department opened in Abu Dhabi, followed a year later by the appointment of Dr Philip Horniblow with a brief to develop a national health service. This led the then ruler of Abu Dhabi, Sheikh Zayed, to open ...
President-elect Donald Trump's New Jersey liquor licenses will be in jeopardy again if Friday's hush-money sentencing date survives his US Supreme Court challenge.
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In a touching Secret Santa exchange captured on TikTok, Mary Kate gifts Giuliana a personalized purse with a special message from her late mother