UAE: NMC Healthcare signs US$80m Murabaha facility

Mohamed Khadiri, head of international at Kuwait International Bank

NMC Healthcare, the largest healthcare provider in the United Arab Emirates, has signed a US$80m one-year revolving syndicated Murabaha facility. The facility will be utilised for CAPEX and working capital requirements. It was arranged by Kuwait International Bank (KIB) as well as an unnamed local bank. “KIB’s participation in this syndicated facility is in line…

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