Healthcare company International Company for Medical Industries (ICMI) plans to invest EGP 24 mn in 2020 through its New Alpha and United Group subsidiaries, Managing Director Hisham Saber told Al Mal. The company will use bank loans to finance the new investment, Saber said, adding that negotiations with several local banks are ongoing. The company recently spent EGP 30 mn to purchase two factories to manufacture medical products.

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