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Health Care is the first step Centurion Investment Acquired 40% of NMC Group
29 January 2011
Abu Dhabi - Centurion Investment the Abu Dhabi headquartered investment company, today announced a 40% share acquisition of NMC within UAE.
The signing ceremony of the partnership contract and acquisition held at NMC Abu Dhabi headquarter this morning, during a press conference witnessed by Mr. Saeed Bin Buti Al Qubaisi, Centurion Investments Chairman of the board of Directors, Abdullah Al Mazrui, NMCs Chairman of the Board, and Dr. Daber Shetty, Member of NMC Board of Directors & the Group Managing Director.
The acquisition of 40% share of the New Medical Center (NMC) comes under the companys plans for investing in the medical sector, said Said Bin Buti Al Qubaisi, Centurion Investment Companys Chairman of board of directors. Al Qubaisi stated that the reason behind this investment is the values gained by the company through investing in the promising health and medical sectors in UAE. He also confirmed the efforts of the government in supporting and encouraging the private sectors companies to invest in several areas such as medical, education, services, and others.
This deal comes under the Centurion Investment vision and strategic plan towards promoting NMC and enhance its position as the best medical group in the country, said Al Qubaisi, Epically with increasing number of hospitals and medical centers owned by the group, along with the groups expanding throughout the various medical specialties, as well as its vision to open more hospitals & medical centers in the Middle East, India, and North Africa, which mean that NMC will become a regional and international landmark he added.
From the New Medical Center Side, Abdulla Al Mazroui, Chairman of the Board of Directors, expressed his happiness and pride of this partnership We aim by this partnership to expand the New Medical Centers work through opening more medical centers and hospitals within UAE along with the Middle East, South Africa, and India Al Mazroui said this partnership came in a perfect time, where the request for medical and health services is increasing, and now we are able to expand our activities and raise our potential to better levels by hiring more doctors and nurses from the different specialties, along with opening developed medical centers inside and outside UAE.
Dr. Daber Shetty, Member of the Board of Directors in the New Medical Center said The new partnership between Centurion Investments and New Medical Center will certainly develop our business and expansion plans that we aim to achieve throughout opening a New Medical Centers inside and outside UAE.

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