El Nozha International Hospital is looking to open a new EGP 220 mn hospital in the Fifth Settlement district of New Cairo, according to Al Mal. The hospital reportedly completed payment of the land and is looking to hire consultants to design the 90-bed facility. The hospital is expected to open in 2020, and would bring the company’s total size to 230 beds. Cleopatra Hospitals had announced back in January its plans to acquire El Nozha, but subsequent reports had indicated that El Nozha’s board was bucking the acquisition offer.
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