UAE Central Bank blacklists firms linked with NMC founder along with key staff Dubai: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake. The apex ...

Board says unable to assess the financial position of the company amid ‘material uncertainty’ about ability to continue as a going concern Finablr, the owner of currency-exchange businesses including Travelex Holdings, said on Monday that the Financial Conduct Authority of London Stock Exchange has agreed to the temporary suspension of listing of its shares at ...

The unknown debt more than doubles NMC Health’s borrowings to around $5 billion, up from the $2.1 billion that was disclosed in June 2019 The disclosures have raised questions over the company’s future ownership NMC Health said that a probe of financial irregularities discovered evidence of suspected fraud after the hospital operator disclosed a hidden ...