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ICMI plans to invest EGP 24 mn in 2020
Healthcare company International Company for Medical Industries (ICMI) plans to invest EGP 24 mn in 2020 through its New Alpha…
Earnings watch: Rameda Pharma, Obour Land
EARNINGS WATCH- Rameda pre-tax profits fall 12% in 2019: Rameda Pharma made pre-tax profits of EGP 225 mn in FY2019,…
Rameda Pharma plans expansion to 10 new Gulf and African markets
Rameda Pharma is planning to expand sales to 10 new Gulf and African markets in the medium term as part…
Rameda among “best-placed” to capitalize on Egyptian pharma sector’s growth potential
Rameda among “best-placed” to capitalize on Egyptian pharmasector’s growth potential, sees >50% upside to shares: Egypt’s pharmamarket has significant potential…
Emerald expects to raise EGP 203 mn in January IPO
IPO WATCH- Emerald expects to raise EGP 203 mn from upcoming IPO: Real estate investment firm Emeraldis expecting to raise…
Eipico acquires a 10% stake in Medical Union
M&A WATCH- Eipico acquires a 10% stake in Medical Union: Pharma player Eipicohas acquired a 10% stake in Medical Union…
Pharma companies' overdue export subsidies reach EGP 500 mn
Pharma companies are claiming they are collectively owed some EGP 500 in export subsidies from the government, Medical Industries Export…
GAFI intervenes in October Pharma shareholder dispute
DISPUTE WATCH- GAFI intervenes in OctoberPharma shareholder dispute: The General Authority for Freezones and Investment (GAFI) has prohibited HoldiPharma Chairman…
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