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FINANCIAL NEWS
UAE’s Ithmar sells 7.3 percent stake in Al Noor Hospitals
11 Sep 2014
(MENAFN) Ithmar Capital, the Dubai private equity firm, announced selling a 7.3 percent stake in Al Noor Hospitals, in a deal worth USD142 million, Emirates 24/7 reported.
The sale leaves Ithmar with 20 percent stake in the Al Noor Hospitals, which is considered to be one of the largest private healthcare providers in Abu Dhabi.
Gulf healthcare firms have become popular with investors due to the growing wealth of the region and also the increase in ‘lifestyle diseases’.
More News
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BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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