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North Petroleum to boost production from Western Desert block. PLUS: News from Harbour Energy, Alfa Trans, Mal Bazaar, Instapay
Harbour Energy snaps concessions in the Nile Delta, Mediterranean
IDH, TMG, Eastern Company report 1Q earnings
TMG saw a sixfold increase in its net income
MD Pharma to set up USD 35 mn medicine factory in Dubai
MD Pharma’s factory will be the first Egyptian medicine manufacturing facility in the UAE
A lot of acquisitions in the pharma, med sphere
Triquera acquired an additional 22.18% in local drugmaker Minapharm
The Health Ministry to work with private sector to open ten new hospitals over the next two years
The ten hospitals will add 3k beds to the country’s capacity, with 200-300 beds in each hospital
House gave preliminary approval to bill allowing private investors to manage public health facilities
Foreign medical staff will not be allowed to exceed 25% of total staff members
Rameda’s top line climbs 16% y-o-y in 1Q 2024 thanks to growing sales and exports
The company’s bottom line took a 12% hit for the quarter
Golden licenses and other incentives on offer in new government healthcare investment initiative
The state will cover half of the training costs of some projects
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