Abu Dhabi wealth fund weighs on troubled NMC


DUBAI: As the crisis surrounding troubled hospital operator NMC Health Plc deepens, Abu Dhabi is turning to Mubadala Investment Co to safeguard the emirate’s reputation among global investors.

The US$229bil wealth fund is considering a potential investment in the United Arab Emirates’ largest private health-care provider, as the FTSE 100 company faces an investigation by the UK’s Financial Conduct Authority over allegations of fraud, according to people with knowledge of the matter.

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