Comments on the NMC saga & Gulf firms IPO plans, Bloomberg, 9 Mar 2020

Dr. Nasser Saidi commented on the ongoing NMC Health saga & Gulf firms IPO plans is part of the article titled “Oil price war, coronavirus see Gulf firms reconsider IPO plans” published by Bloomberg on 9th March 2020.

The full article can be accessed at: https://www.bloomberg.com/news/articles/2020-03-09/want-to-make-a-gulf-dealmaker-laugh-ask-when-is-the-next-ipo

The comment is posted below:

“When big prominent firms like NMC falter where standards were not respected, maintained and monitored, they generate reputational problems for not just the UAE but the whole of the Middle East region,” said Nasser Saidi, the former chief economist of Dubai’s financial centre.