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Egypt, Japan sign USD 18 mn grant agreement for Cairo children's hospital
Japanese funding for children’s hospital: The Japanese International Cooperation Agency (JICA) will provide USD 18 mn for the expansion of…
GSK inaugurates new EGP 20 mn line in its Giza, Egypt factory
INVESTMENT WATCH- GSK inaugurates new EGP 20 mn line: GlaxoSmithKline (GSK) Consumer Healthcare inaugurated a EGP 20 mn production line…
UK-based fund enters talks to acquire Euro Mena II’s majority stake in International Eye Hospital
M&A WATCH- UK-based fund enters talks to acquire Euro Mena II’s majority stake in International Eye Hospital: An unnamed UK-based…
CHG to acquire one of Egypt’s largest IVF centers
M&A WATCH- Cleopatra to acquire one of Egypt’s largest IVF centers: Cleopatra Hospitals Group (CHG) has entered into an agreement…
Govt to increase health insurance subsidies to EGP 252 mn in FY2019-2020
The government will increase subsidies for people unable to pay health insurance premiums to EGP 252 mn in the upcoming…
Egypt’s cabinet approves USD 200 mn SMEs loan
CABINET WATCH- Cabinet approves USD 200 mn World Bank SMEs loan: The Madbouly Cabinet approved in yesterday’s meeting the USD…
Egypt’s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions
BUDGET WATCH- House committee loosens state purse strings with EGP 7.3 bn of additional allocations in FY2019-2020 state budget: The…
EFG Hermes advises on Saudi healthcare merger
EFG advises on Saudi healthcare merger: EFG Hermes has completed advisory on a JV agreement between London Stock Exchange-listed UAE…
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