Dubai: The UAE hospital operator NMC Healthcare has reached a settlement on all legal disputes with Dubai islamic Bank, one of its key lenders in the past.
The out-of-court settlement relates to ‘all litigation, current and pending, between the parties, and related third-parties’.
This will be a major breakthrough for NMC, headquartered in Abu Dhabi, and which has been operating under a new structure ever since the previous management was ousted…