A total of 34 NMC group companies will exit administration and transfer to a new NMC group
The order was secured by NMC’s biggest creditor, Abu Dhabi Commercial Bank
NMC has developed a three-year business plan with a strategy to deliver continued growth in its core UAE business
Faisal Belhoul said it remains crucial that the investigation into any and all prior wrongdoings at the company is “fully supported”
With a market value of $2.4bn and total debt of $6.6bn, NMC faces an investigation by the UK’s Financial Conduct Authority
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