The Arab Medical Equipment Company (AMECO) and UK medical devices manufacturer Kimal Plc have launched a USD 4 mn medical equipment plant in 6 October, according to a statement attributed to the UK embassy by Al Mal. The companies hope to export the plant’s goods to some 25 countries.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…