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NMC Health buys Sharjah’s Al Zahra Hospital for $560 million

NMC Health (LON:NMC), a leading UAE-based healthcare provider, is to acquire Al Zahra Hospital Sharjah from Gulf Medical Projects (ADX:GMPC) for US$560 million (AED 2.1b). Opened in 1981, the hospital is located in the Al Ghuwair district of Sharjah and is one of the largest medical facilities in the United Arab Emirates. NMC will fund the acquisition of Al Zahra ...

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