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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.
National Hospital, Abu Dhabi (Private) Nation Hospital, Abu Dhabi (Private) Phoenix Specialty Hospital, Abu Dhabi (Private) 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] Sheikh Shakhbout Medical City (SEHA ...
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]
NMC subsequently said on Friday that there had been a series of complex shareholder dealings involving Shetty, Bin Yousef and another top investor, Saeed Butti Al Qebaisi. NMC Health's vice ...
The United Arab Emirates' largest private healthcare provider NMC is suing a Dubai bank in Abu Dhabi courts, three sources said and a court document showed, in a dispute that could complicate the ...
The founder of troubled hospital operator NMC Health has filed a legal challenge against a move by Indian immigration authorities to prevent him from departing to the United Arab Emirates (UAE ...
Al Noor Hospitals Group plc was a business operating medical-surgical facilities located in Abu Dhabi City, United Arab Emirates.The company transformed healthcare in Abu Dhabi under the leadership of Dr Kassem Alom and Sheikh Mohammed Bin Butti and for many years the company was the largest healthcare operator in Abu Dhabi: it had a market share of 39% at the time of its initial public ...
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.