Follow-ups -eshrag News:
RIYADH: The UAE-based NMC Health has exited Saudi operations as it sold its 53 percent stake in Saudi Medical Care Group, it said in a statement.
The group expects the transaction to be completed during the second half of 2022, subject to regulatory approvals.
“The successful sale of NMC’s last substantial non-core international asset represents an important milestone as we take the final steps to exit the administration process as NMC emerges as a robust, focused, profitable, customer-centric business,” said CEO Michael Davis.
Back in 2019, NMC formed a joint venture in Saudi Arabia comprising five hospital assets and a cash injection to acquire a stake in Saudi Medical Care Group.
The privately-held Saudi healthcare provider’s portfolio currently includes seven hospitals and three clinics across the Kingdom.
Noting that the news was copied from another site and all rights reserved to the original source.
gay teen porn,