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Local pharma player Nerhadou attracts private equity interest
Nerhadou may have new minority shareholders: Emerging-market private equity firms Affirma Capital and StonePine have agreed to invest USD 20…
Last Night’s Talk Shows: Merck covid pill approved for use in Egypt + El Sisi holds talks with Algerian prez
Our meds regulator’s decision to approve Merck’s antiviral covid-19 pill Molnupiravir for emergency use was the talk of the talk…
Egyptian Drug Authority approves Merck antiviral pill
The Egyptian Drug Authority (EDA) has approved Merck’s antiviral covid-19 pill Molnupiravir for emergency use, making Egypt the first country…
Rameda to bring Merck anti-covid pill to Egypt this quarter
Rameda to launch generic form of Merck’s covid pill: Rameda Pharma will begin selling its own generic version of Merck’s…
Egypt’s pharma exports up, citrus flap with the Dutch + Edita launches Freska Choco Sticks
Egypt’s pharma exports rose 30% y-o-y in 2021 to USD 685 mn in 2021, local media reported citing figures from…
SCZone signs off on land contract for USD 2.6 bn methanol plant in Ain Sokhna
SCZone signs off on Ain Sokhna’s USD 2.6 bn methanol plant: The General Authority for the Suez Canal Economic Zone…
Improving food security with help from Russia
A few things we’re keeping an eye on this morning: Egypt and Russia are in talks to establish a joint…
CIB + NBE take further steps for financial inclusion
CIB will allow clients to open bank accounts without proof of income under a new type of account dubbed Bedaya…
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