Consumer healthcare provider Integrated Diagnostics Holdings (IDH) is launching a new Egypt-based subsidiary, Wayak, to better employ data mining and artificial intelligence in its operations, it said in a press release. The aim is to develop and offer targeted services to clients, using AI and data mining tools to extract new information from a patient database of over 13 mn people, 10% of whom suffer from chronic illnesses. Wayak will allow the London-listed company to create electronic medical records of patients and better cater to their needs. Wayak is a joint venture that is 94% owned by IDH and 6% owned by angel fund Himangel.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
New tax breaks aim to revive EGX listing appetite
Newly listed companies will receive a 30% reduction on payable…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…