NMC Health expects UAE, Oman operations to continue in 2021, after sale of non-core assets
0 Comments
Get daily business news from the region delivered straight to your inbox
I agree to the terms and conditions
SIGN UP
NMC Health expects UAE, Oman operations to continue in 2021, after sale of non-core assets
NMC is undertaking a complete restructuring of its balance sheet following the discovery of significant fraud and debt
February 11, 2021
UAE-based NMC Healthcare, which was forced into administration last year, reported that revenues for the group dropped 6 per cent in 2020 to $1.53bn, down from $1.63bn in 2019.
Meanwhile gross revenues for NMC’s UAE and Oman operations reached $1.12bn, down 6.8 per cent from 2019.