INTERVIEW: Abu Dhabi's NMC Health expects close to $1bln revenue from Saudi Arabia by 2023 - CEO | ZAWYA MENA Edition:
The CEO of Gulf healthcare operator NMC Health now has a new milestone in sight. Prasanth Manghat, who masterminded the group’s listing on London Stock Exchange in 2012, is determined to replicate in Saudi Arabia the growth that the company has built in the UAE over the last three decades.
This time, though, he’s aiming for a much shorter timeframe.
Speaking to Zawya at the NMC Health headquarters in Abu Dhabi, Manghat sounded a bullish note as he spoke of the company’s expansion into the Arab world’s largest economy. He sees market fundamentals strongly supporting the kingdom’s healthcare system, and ‘great value of return for NMC shareholders hidden in Saudi’.
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