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It’s official: CHG wants Alex Medical
Cleopatra Hospitals has confirmed it’s in the race for a stake in Alex Medical: EGX-listed Cleopatra Hospitals Group (CHG) has…
What the markets are doing on 13 April 2021
GLOBAL M&A WATCH- Microsoft bets big on health tech: Microsoft Corporation will acquire AI speech tech company Nuance Communications for…
MPs + senators begin lining up for their covid shots
MPs and members of the Senate began receiving their covid-19 jabs yesterday — a dayafter Prime Minister Moustafa Madbouly signed…
Red hot
The bidding war for Alexandria Medical looks to be heating. EGX-listed Cleopatra Hospitals Group (CHG) is now reportedly throwing its…
Rx Healthcare to acquire 80% of dental anesthesia producer
EFG Hermes’ Rx Healthcare Management is in the final stages of acquiring 80% of a local dental anesthesia producer in…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
ADQ reaches agreement to snag Amoun Pharma
Abu Dhabi’s sovereign wealth fund ADQ is acquiring 100% of Bausch Health’s unit in Egypt, Amoun Pharma, in a USD…
We could make Sinovac + tourism workers at the head of the line
We could soon be making China’s Sinovac vaccine here at home as Egypt is expected to reach an agreement with…
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