![An emergency department sign sits on display outside the NMC Royal Hospital, operated by NMC Health Plc, in Abu Dhabi, United Arab Emirates, on Sunday, March 1, 2020. Troubled NMC Health Plc, the largest private health-care provider in the United Arab Emirates, asked lenders for an informal standstill on its debt as Abu Dhabi weighs an injection of capital to safeguard the emirate’s reputation among global investors. Photographer: Christopher Pike/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/MF27KXZLNX4UTW45AS4GJ34DJM.jpg?smart=true&auth=1218e06a196dc0050f8d0903e0979c9c7c0a14d09d675cb7f4c74c554ef0beda&width=400&height=225)
The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg
The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg
NMC Health's administrators say operations will continue as normal
Insolvency proceedings affect only the holding company and not the individual facilities, officials say