Speed Medical Examination Services is planning to invest EGP 67 mn to open 43 new labs between now and the end of 2Q2019, CEO Mahmoud Lasheen tells Al Borsa. The company is looking to have 107 branches in its network in three years’ time. Speed is also planning to expand its overseas network from Khartoum to Libya, Morocco, Kenya, and Uganda, with up to EGP 125 mn in investments in the next five years.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…