NBK Capital Exits Stake in Elaj Medical Services (MENA)

Source(s): NBK Capital Partners

NBK Capital, a subsidiary of the National Bank of Kuwait, has exited the stake held by the Kuwait Investment Opportunities Fund in Saudi Arabia-based health care group Elaj Medical Services (EMS) to a consortium of doctors. NBK originally invested in EMS, which owns and operates the Taiba Hospital in Kuwait, in 2011. Financial details of the transaction were not disclosed.