CHG sets up EGP 30 mn hospital management company for El Katib Hospital

Cleopatra Hospitals Group’s (CHG) board of directors approved setting up a EGP 30 mn hospital management and operations company to manage its El Katib Hospital, according to a bourse disclosure (pdf). CHG will hold 99% of the new company, according to the statement. CHG had added El Katib Hospital in Dokki to its platform back in March.