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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’.
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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