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Bankruptcy

These facilities coincide with the second phase of restructuring
4 August 10:18 AM NMC Health obtains $250m bank facilities
UAE - Mubasher: NMC Health, the largest private healthcare provider in the UAE, has received new financial facilities worth $250 million, Zawya reported. The facilities coincide with the second phase of the health group's planned restructuring, …
Credit Europe had filed a lawsuit against NMC
26 July 02:51 PM Dubai court freezes NMC founder's assets
UAE - Mubasher: A Dubai court has issued a decree to freeze the assets of NMC Health Founder BR Shetty worldwide due to his debt, according to Financial Times citing recent court documents. This decision was taken after Credit Europe, a Dutch …
NMC has over 200 facilities in the UAE
12 July 04:51 PM NMC's UAE entity mulls restructuring, insolvency
UAE - Mubasher: NMC Healthcare, NMC Health's entity in the UAE, is considering applying for restructuring and insolvency measures to recognise debt claims and complete an arrangement scheme with creditors, two sources told Reuters on Sunday. This …