NMC Health scores five year contract at new hospital in UAE

Shares in healthcare provider NMC Health have risen after it revealed that its subsidiary was awarded a five-year contract to operate and manage the new Sheikh Khalifa General Hospital in Umm Al Quwain, in the United Arab Emirates (UAE).

Shares in healthcare provider NMC Health have risen after it revealed that its subsidiary was awarded a five-year contract to operate and manage the new Sheikh Khalifa General Hospital in Umm Al Quwain, in the United Arab Emirates (UAE).

The company's fee income will total between $4.0m and $5.4m in the first year of operation, if it meets certain criteria.

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