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Logistics (MENA) 
Cleopatra Hospitals on track for 15% revenue growth in 3Q2020
EARNINGS WATCH- Cleopatra Hospitals Group (CHG) is on track to record 15% y-o-y revenue growth in 3Q2020, with an expected…
NBE provides Ibn Sina Pharma with a EGP 250 mn short-term credit facility
The National Bank of Egypt will increase the size of Ibnsina Pharma’s short-term credit facility to EGP 250 mn to…
Alta Semper raises stake in Macro Holding to 80%
M&A WATCH- Alta Semper ups stake in Macro Holding to 80%: Private equity outfit AltaSemper Capital has raised its stake…
Egyptian Drug Authority to grant incentives to pharma companies for export-bound contract manufacturing
The Egyptian Drug Authority is looking to provide a set of incentives to contract manufacturing for export markets, said Egyptian…
Medical supplies flood Egypt’s market, while demand falters
Sales of medical supplies — masks in particular — dropped in August, and are returning to pre-covid levels, said Mohamed…
Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
Rx Healthcare invests EGP 100 mn in United Pharma
EFG Hermes’ Rx Healthcare Management has invested EGP 100 mn in meds producer United Pharma to finance expansion plans that…
What we’re tracking on 12 August 2020
National polls for the country’s inaugural Senate election close tonight: President AbdelFattah El Sisi and Prime Minister Mostafa Madbouly both…
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