Faisal Belhoul, Chairman of the Board, Ithmaar Capital Partners, said that the previous board of directors of “NMC Health” held a meeting on April 8, 2020, and I attended it as CEO of the Board, during which it was agreed to place the company under the guardianship. The many negative aspects of the decision to put the company under guardianship, but it was the only scenario allowed by the circumstances, especially after he (ADCB) stressed his keenness to save the company as it is able to continue its work, instead of resorting to liquidating the company.

He added in a statement: "I have been keen since the beginning, as Chairman of the Board of Directors (Ithmaar Capital) which owns 9% of the shares of (NMC), to achieve financial and operational stability for the company, and to ensure its ability to continue to provide health care services in the UAE and contribute In support of the major efforts made by the government and its various bodies to address the (Covid-19) epidemic. "

Belhoul continued: "Since the acceptance of the Board of Directors of (NMC) prior to placing the company under the guardianship, we have stressed the need to carry out procedures to place the company under guardianship smoothly and without entering into legal disputes that do not harm all parties concerned, including the company and thousands of health care experts. Its employees and patients are treated by them, and hence the entire healthcare sector and a broad segment of the society of the United Arab Emirates. ”

He said: “In the wake of the previous board’s completion of the company’s handover of legal guardianship, I invite the team that will undertake this task to act quickly and fairly and in a manner that ensures the interest of all parties. In the context of what it considers a national duty during this period in which our rational government makes every effort to respond to the epidemic of 'Covid 19' and curb its spread.

He added: "Finally, I also stress the importance of providing full support to investigations into all previous violations of the company, following them in cooperation with the competent authorities, and holding all those involved, whether they are from inside or outside the company, accountable. I will take care on my part to do everything I can to support these measures, and work to Alongside the management team and other partners. "