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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
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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