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Pharma sector requests raw ingredient customs breaks, packaging VAT breaks. PLUS: pharma monopolies beware, Menthum + CI Capital, Palm Hills Developments, Kraft Heinz
Around 90% of the raw materials used in the pharma industry are imported
Fertilizer manufacturer Biogrand to open SAR 25 mn KSA factory in early 2025. PLUS: East Qantara Dry Port, EU trade agreement, Al Modawat Specialized Medical
The factory will be established in partnership with unnamed Saudi investors
Some 1.6k meds set for price hikes by the end of 2025. PLUS: Home Group Development, Dream Agro, Global Biodiversity Framework Fund, Wfrley, Egypt Healthcare Authority
Companies could receive the greenlight to hike the prices of some 600 types of meds before the end of 2024
Ahram Security wants to become the latest Egyptian firm to set up shop in Saudi Arabia. PLUS: Suez Canal Bank + El Sherif Markets, Beltone + Raya, Olam, El Gouna
Ahram Security wants to begin operations at its Saudi factory in 2026
Hyundai Appliances wants to set up shop in Egypt. PLUS: News from Kima and Takaful and Karama
The company yesterday inked an exclusive distribution agreement inked with Eleven Trade Corp
Executive regs to hospital privatization and more received the greenlight from the cabinet
President Abdel Fattah El Sisi ratified the hospital privatization bill back in June.
GASC is still after its big wheat purchase. PLUS: News from Eroglu Holding, Kima, Concrete Plus, Easy Lease
The fresh wheat buy could cost us around USD 248 a ton
How the industrial sector is coping with rising production costs
Rising freight costs are a big reason behind increasing input costs
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