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Earnings: Emaar Misr, Alex Medical more than double net income in 1Q2021
EARNINGS WATCH- Emaar Misr’s consolidated net income more than doubled in 1Q2021 to EGP 529.1 mn, up from EGP 247.6…
CIRA to set up new language school in New Rashid
Private education outfit CIRA is planning to set up a language school in New Rashid, and is close to wrapping…
Tana Capital-backed Alex Medical Investments in pole position to acquire Alex Medical
Alexandria Medical Investments subsidiary TAT Medical Services has upped its bid for 100% of Alex Medical Services and is now…
CHG’s bottom line shoots 23% y-o-y in 1Q2021 as group plans expansions
EARNINGS WATCH- Cleopatra Hospital Group (CHG) reported a bottom line of EGP 108 mn in 1Q2021, up 23% y-o-y over…
The bookies should be running odds on who’s going to get Alex Medical
Yas Holding launches bid for Alex Medical: It looks like yet another company has joined the bidding war for Abu…
IDH reports surge in 1Q2021, drive by covid tests + OIH sells down Beltone stake
The EGX30 fell 1.2% at today’s close on turnover of EGP 1.69 bn (23.1% above the 90-day average). Local investors…
How can Egypt best leverage investor appetite in its healthcare sector? The answer: PPPs
How developing PPP models in healthcare can help funnel private investment to outlying governorates: Last week, we dissected why Egypt…
IDH actively looking for M&A targets outside Egypt
Consumer healthcare giant Integrated Diagnostics Holdings (IDH) is actively screening for targets that would allow it to expand into new…
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