With a Market cap of AED 26 billion
NMC Health, the private healthcare provider in the United Arab Emirates, has actually just been promoted to the UK's leading FTSE 100 index.
The company has become the first Middle Eastern company to be provided on such index, which provides the leading 100 business listed on the London Stock Exchange with the greatest market capitalisation, indicating solid results and a strong efficiency as backed by the confidence of investors.
NMC Health was promoted to the FTSE 100 yesterday while during the last quarter its shares have increased 22% from 2,187 p to yesterday'' s close of 2,670 p, providing it a market cap of 5.5 bn (26 billion UAE Dirham).
Commenting on the development, HE Saeed M Bin Butti Al Qubaisi, the biggest investor in NMC Health, claimed: "Being amongst the FTSE 100 index solidifies NMC's standards, demonstrating the general efficiency and enhancing the firm's credibility as a respected excellent company in the region. I am especially delighted to see NMC Health, a respected and identified brand, execute at that level, standing among other prominent international companies.".
" We take excellent pride in this positioning as it signifies NMC Health is truly recognised as a leader in the healthcare industry, and of included value customers, businesses, communities, and most importantly, investors, he included.
