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SPE Capital buys 30% stake in Future Pharma
M&A WATCH- SPE Capital buys 30% stake in Future Pharma: SPE Capital Partners has acquired a 30% stake in Future…
Eipico board approves acquisition of 9.77% stake in Medical Union Pharma
M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union: Pharma player Eipico’s board of directors has agreed to…
CIB signs EGP 400 mn financing agreement with MUP
CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company’s total credit…
Businesses eager for interest rates to return to pre-float levels to boost investment
EXCLUSIVE- The Enterprise business interest rate survey: How far will interest rates have to fall before big business starts borrowing…
Pharco Pharmaceuticals, MODON to build pharma complex in Madinah
Egypt’s Pharco Pharma has signed an industrial land lease with the Saudi Authority for Industrial Cities and Technology Zones (MODON)…
Earnings watch: Ibnsina Pharma, Amer Group, ODE
EARNINGS WATCH- Ibnsina Pharma 1Q2019 profits surge 46.6% y-o-y on rapid business growth: Medical products distribution company Ibnsina Pharma reported…
Ibnsina lodges appeal with Egypt’s Court of Cassation to further reduce antitrust fine
DISPUTE WATCH- Ibnsina lodges appeal with Court of Cassation to further reduce antitrust fine: Ibnsina Pharma has filed an appeal…
Pharma manufacturer El Arabeya to invest EGP 40 mn in FY2019-20
Pharma manufacturer El Arabeya expects to invest EGP 40 mn in FY2019-20 to develop and digitize production lines, according to…
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