INVESTMENT WATCH- Sanofi plans to increase investments in Egypt by 50%: French pharma giant Sanofi is planning to increase its investments in Egypt by 50% this year, Head of Africa Jon Fairest told Extra News (watch, runtime 4:02). The announcement came amid a flurry of agreements and announcements that accompanied French President Emmanuel Macron’s visit to Egypt last week.
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…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
Why EGX stocks are going under the IPO wave
Fund managers are releasing liquidity for ongoing and future IPOs,…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…