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Revenge of the Luddites
Ibnsina Pharma has ended its standoff with the Pharmacists Syndicate, announcing yesterday that it would walk back its acquisition of…
The Egypt-Saudi Investment Fund could finally be becoming a thing
The Egyptian and Saudi governments have drafted a final agreement to launch the long-dormant Saudi-Egypt investment fund, according to a…
GCC wealth funds eye USD 700 mn Amoun Pharma acquisition
Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who…
What we’re tracking on 24 November 2020
Good morning, wonderful people — and happy midweek. We have a pleasantly busy issue this morning, including two international stories…
Consumer healthcare giant IDH considers dual EGX-LSE listing
IPO WATCH- London-listed Consumer healthcare giant Integrated Diagnostics Holdings (IDH) is considering the dual listing of its ordinary shares on…
Speed Medical triples net profit
EARNINGS WATCH- NileX-listed Speed Medical tripled its net profit in 9M2020 to EGP 49.1 mn from EGP 16.4 mn in…
Al Ahly Capital acquires El Nada Hospital
M&A WATCH- Al Ahly Capital has reportedly completed its acquisition of 100% of healthcare player Cairo West, which owns El…
Legislation watch: House to approved SMEs Act regs, Egypt to set up national council for healthcare
LEGISLATION WATCH- The executive regulations of the SMEs Act should get the House of Representatives’ final approval at the end…
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