UAE-based NMC Health, a healthcare chain and distribution business, has been promoted to the UK's leading FTSE 100 index, said a report.

The company has emerged as the first Middle Eastern company to be listed on the prestigious index, which is made up of the top 100 companies listed on the London Stock Exchange with the highest market capitalisation, indicating strong results and a solid performance as backed by the confidence of investors, reported state news agency Wam.

NMC Health was promoted to the FTSE 100 yesterday (September 3), and during the last quarter its shares have risen 22 per cent from 2,187p to yesterday's closing figure of 2,670p, giving it a market capitalisation of Dh26 billion ($7.078 billion), added the report.