Topic

abu dhabi

20 articles

BR Shetty fraud trial opens in London: NMC Health founder faces $5.4bn claim over UAE empire collapse

The UK Commercial Court begins hearing the $5.4bn civil fraud claim against BR Shetty, whose NMC Health concealed $4.5bn in debt before collapsing in 2020 with 200+ UAE facilities and 20,000 staff.

31 Mar 2026 · 3 min read

BR Shetty fraud trial opens in London: NMC Health founder faces $5.4bn claim over UAE empire collapse

Health Tech & InnovationBreaking

Abu Dhabi deploys 27 AI inspection vehicles for real-time compliance checks on 3,000 DOH-licensed health facilities

Abu Dhabi has deployed 27 AI-equipped inspection vehicles capable of gathering compliance data before inspectors arrive, covering the DOH's network of more than 3,000 licensed health establishments.

29 Mar 2026 · 3 min read

Abu Dhabi deploys 27 AI inspection vehicles for real-time compliance checks on 3,000 DOH-licensed health facilities

Regulatory & PolicyBreaking

NMC Health founder faces $5.4bn fraud trial, six years after UAE's largest private hospital group collapsed

The criminal trial of B.R. Shetty, founder of NMC Health, opens on charges tied to $5.4 billion in alleged hidden liabilities that brought down the UAE's largest private hospital group in 2020.

28 Mar 2026 · 3 min read

NMC Health founder faces $5.4bn fraud trial, six years after UAE's largest private hospital group collapsed

Regulatory & Policy

BR Shetty faces $5.4bn fraud trial over NMC Health collapse, six years on

BR Shetty, who built NMC Health into a FTSE 100 company with 200+ UAE facilities, faces trial over $5.4bn in alleged fraud stemming from the group's 2020 collapse.

28 Mar 2026 · 3 min read

BR Shetty faces $5.4bn fraud trial over NMC Health collapse, six years on

Finance & InvestmentBreaking

Pure Health commits $500 million to Ardent Health Services in the largest GCC overseas hospital deal on record

Pure Health Group, the UAE's largest integrated healthcare platform, has acquired a minority stake in Ardent Health Services for $500 million — the largest single overseas investment by a GCC healthcare operator on record.

28 Mar 2026 · 3 min read

Pure Health commits $500 million to Ardent Health Services in the largest GCC overseas hospital deal on record

Regulatory & Policy

BR Shetty fraud trial opens in 2026, six years after NMC Health's $6.6bn collapse

The criminal trial of NMC Health founder BR Shetty began this week, six years after the UAE's largest private hospital group collapsed under $6.6 billion in concealed debt.

28 Mar 2026 · 3 min read

BR Shetty fraud trial opens in 2026, six years after NMC Health's $6.6bn collapse

Regulatory & PolicyBreaking

BR Shetty's $5.4bn NMC Health fraud trial opens — largest private healthcare fraud case in UAE corporate history

The criminal fraud trial against BR Shetty, founder of NMC Health, begins this week. The company collapsed in April 2020 carrying over $6.6bn in undisclosed debt.

28 Mar 2026 · 3 min read

BR Shetty's $5.4bn NMC Health fraud trial opens — largest private healthcare fraud case in UAE corporate history

Regulatory & Policy

DOH Abu Dhabi launches 1st UAE gene therapy clinical trial

The Department of Health Abu Dhabi launched the UAE’s first gene therapy clinical trial on 23 March 2026 to treat rare genetic disorders.

23 Mar 2026 · 3 min read

DOH Abu Dhabi launches 1st UAE gene therapy clinical trial

Regulatory & PolicyBreaking

NMC Health founder BR Shetty faces fraud trial over $5.4 billion debt

The fraud trial of NMC Health founder BR Shetty begins this week in Abu Dhabi, addressing $5.4 billion in hidden debt.

23 Mar 2026 · 3 min read

NMC Health founder BR Shetty faces fraud trial over $5.4 billion debt

Regulatory & PolicyBreaking

NMC Health founder BR Shetty faces trial over $5.4 billion fraud

BR Shetty faces a London trial this week for the $5.4 billion fraud at NMC Health. The proceedings mark a shift in UAE healthcare governance.

23 Mar 2026 · 3 min read

NMC Health founder BR Shetty faces trial over $5.4 billion fraud

Regulatory & Policy

DoH Abu Dhabi launches 1st UAE gene therapy trial for retinal disease

The Department of Health – Abu Dhabi has launched the UAE's first gene therapy clinical trial, targeting hereditary retinal dystrophy for 12 patients.

23 Mar 2026 · 3 min read

DoH Abu Dhabi launches 1st UAE gene therapy trial for retinal disease

Regulatory & PolicyBreaking

NMC Health founder faces $5.4 billion fraud trial in Abu Dhabi on 23 March

Former NMC Health leadership faces a $5.4 billion fraud trial in Abu Dhabi starting 23 March 2026, following the largest corporate collapse in UAE history.

23 Mar 2026 · 3 min read

NMC Health founder faces $5.4 billion fraud trial in Abu Dhabi on 23 March

Finance & Investment

PureHealth acquires Hellenic Healthcare Group for EUR 800 million

Abu Dhabi-based PureHealth acquired Hellenic Healthcare Group for EUR 800 million on 7 October 2025, marking its first major expansion into the European medical market.

21 Mar 2026 · 2 min read

PureHealth acquires Hellenic Healthcare Group for EUR 800 million

Finance & InvestmentBreaking

PureHealth prices IPO at AED 3.62 billion on ADX

PureHealth will list on the Abu Dhabi Securities Exchange on December 11, 2023, seeking to raise AED 3.62 billion through a 10% equity sale.

19 Mar 2026 · 2 min read

PureHealth prices IPO at AED 3.62 billion on ADX

Finance & Investment

Abu Dhabi funds and CVC bid $1 billion for NMC Health hospital assets

Abu Dhabi state funds and CVC Capital Partners are bidding $1 billion to acquire NMC Health hospital operations as part of the company's creditor-led restructuring.

19 Mar 2026 · 2 min read

Abu Dhabi funds and CVC bid $1 billion for NMC Health hospital assets

Finance & InvestmentBreaking

Burjeel Holdings shares jump 15.5% on Abu Dhabi debut

Burjeel Holdings shares gained 15.5% on their October 10, 2022 debut, following a $300 million IPO on the Abu Dhabi Securities Exchange.

19 Mar 2026 · 2 min read

Burjeel Holdings shares jump 15.5% on Abu Dhabi debut

Finance & Investment

Pure Health invests $500 million in US healthcare through Equity Group Investments

Pure Health invested $500 million in a US healthcare firm with Equity Group Investments to secure international clinical protocols and medical technology.

19 Mar 2026 · 2 min read

Pure Health invests $500 million in US healthcare through Equity Group Investments

Finance & Investment

Pure Health buys 500 million dollar stake in Ardent Health Services

Pure Health acquired a minority stake in Ardent Health Services for 500 million dollars to integrate US clinical protocols into its Abu Dhabi network.

18 Mar 2026 · 2 min read

Pure Health buys 500 million dollar stake in Ardent Health Services

Finance & Investment

PureHealth targets AED 3.62 billion in ADX IPO

PureHealth is offering 1.11 billion shares on the Abu Dhabi Securities Exchange, aiming to raise AED 3.62 billion.

18 Mar 2026 · 2 min read

PureHealth targets AED 3.62 billion in ADX IPO

Finance & Investment

PureHealth acquires 50% stake in $2.3 billion hospital group from CVC Capital Partners

PureHealth has acquired a 50% stake in a $2.3 billion hospital group from CVC Capital Partners, signaling a major consolidation in the UAE healthcare market.

18 Mar 2026 · 2 min read

PureHealth acquires 50% stake in $2.3 billion hospital group from CVC Capital Partners