NMC Administrators Say They’re Near Bottom of Hidden Debt Pit

Hospital operator getting strong interest in fertility unit
Caretakers are exploring ways of recovering lost funds

Construction material sit outside the NMC Royal Hospital, operated by NMC Health, in Dubai on March 1. — Construction material sit outside the NMC Royal Hospital, operated by NMC Health, in Dubai on March 1.Photographer: Christopher Pike/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Nicolas Parasie

August 19, 2020 at 3:52 PM UTC

This article is for subscribers only.

Follow us @middleeast for more news on the region.

NMC Health Plc’s administrators said that they’ve uncovered most of the hidden debt that caused the Middle East hospital operator to collapse.