|Bid||0.00 x 43800|
|Ask||0.00 x 1800|
|Day's range||2,694.00 - 2,856.00|
|52-week range||1,309.00 - 3,211.00|
|PE ratio (TTM)||35.54|
|Earnings date||24 Aug 2017 - 28 Aug 2017|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Want to buy some shares in an Abu Dhabi-based hospital and healthcare centre operator? Well, if any element of your ISA, life policy or pension tracks the FTSE 100, you will shortly be a shareholder in such an entity. Well, it's actually quite an inspiring story which began in 1973, when Bavaguthu Raghuram Shetty arrived in Abu Dhabi from India with just $8 in his pocket having qualified in pharmacy.
Royal Mail (LSE: RMG.L - news) is to be relegated from the FTSE 100 nearly four years after its controversial privatisation. Shares (Berlin: DI6.BE - news) in the delivery business have fallen more than 15% so far this year as it faces a cocktail of headaches including declining letter volumes and rumblings of industrial action. An official stock market review means that, together with troubled doorstep lender Provident Financial (Other OTC: FPLPF - news) , it will drop into the FTSE 250 Index after close of trading on 15 September.
A sharp fall for advertiser WPP was offset on the British market on Wednesday by gains in mining shares, which extended a strong run, and a buoyant health sector. The FTSE 100 ended flat at 7,382.65 points. ...
NMC Health, the London-listed and United Arab Emirates-based healthcare provider, said on Saturday its shareholder Centurion Investments had raised its stake in NMC by 4.9 percent. Centurion Investments ...
UAE-based Indian billionaire B. R. Shetty, who has interests in healthcare and finance, said on Sunday that he expects to make $1 billion in revenue from his first foray into the film-making business - an adaptation of the epic Sanskrit poem the Mahabharata. Shetty, joint non-executive chairman of London-listed NMC (Brussels: BE0035966762.BR - news) Health, announced in April he was investing $150 million in the film franchise, which is set to be India's most expensive film. Shetty, who is producer of the project and V. A. Shrikumar Menon, the director, on Sunday spoke with reporters about their plans, which will involve two films of just under six hours in total.
United Arab Emirates-based hospital operator NMC Health (LSE: NMC.L - news) plans to expand in Gulf markets with a debut bond issue to fund acquisitions, its new chief executive said on Monday. NMC (Brussels: BE0035966762.BR - news) is among the beneficiaries from substantial growth in the Gulf's healthcare sector as an increasingly wealthy population becomes more susceptible to lifestyle diseases such as diabetes and obesity.
United Arab Emirates-based healthcare provider NMC Health has appointed deputy Chief Executive Prasanth Manghat as CEO, replacing BR Shetty, it said on Wednesday. London-listed NMC Health, an integrated ...
International healthcare operator Mediclinic is lobbying the Abu Dhabi government to rethink a change in medical insurance rules that has damaged its business after it bet big on acquiring Al Noor Hospitals, its regional CEO told Reuters. At least two other healthcare companies operating in Abu Dhabi are also in talks with authorities, seeking a reversal or amendment to the reform that reduces state insurance coverage for citizens using private hospitals, according to two industry sources who declined to be named due to the sensitivity of the matter. Abu Dhabi has cut insurance coverage under its Thiqa plan to 80 percent from 100 percent, meaning patients have to pay 20 percent of bills if they seek treatment at private hospitals.
United Arab Emirates-based healthcare provider NMC Health (LSE: NMC.L - news) is buying the Al Zahra Hospital in Sharjah for $560 million, the London-listed company said on Wednesday, as it pushes ahead with its expansion in the UAE and the Gulf. The acquisition will be funded by a mix of equity and debt with NMC placing around 10 percent of its issued share capital equivalent to $300 million, Prasanth Manghat, deputy chief executive, told Reuters. NMC's three largest shareholders, who together control 61.6 per cent of NMC, plan to subscribe for up to $170 million of the placement, he said.