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What we’re tracking this week and beyond
The Federation of Egyptian Chambers of Commerce (known by the unfortunate acronym FEDCOC) will meet with its Saudi counterpart in…
Germany’s Bayer to double investments in Egypt in five years
INVESTMENT WATCH- German pharma player Bayer plans to double its investment in Egypt in the next five years to EUR…
FPI in talks with investment fund SPE for EGP 500 mn
Future Pharmaceutical Industries (FPI) is in talks with English investment fund SPE over a EGP 500 mn funding package to…
Health Ministry to begin implementing meds tracking system by year-end
The Health Ministry will begin implementing its digital tracking system to monitor the distribution and sales of meds by the…
Competition watchdog aiming for out-of-court settlement of EGP 5.6 bn fine for pharma distributors?
Competition watchdog aiming for out-of-court settlement with pharma distributors? The Egyptian Competition Authority (ECA) is reportedly looking to reach an…
Egypt’s Ibnsina Pharma, Sarwa Capital report results
EARNINGS WATCH- Ibnsina Pharma reported a 26.6% y-o-y increase in net profit to EGP 113.2 mn in 3Q2018, according to…
Egypt’s SEDICO to export locally manufactured medications to Italy
SEDICO Pharmaceutical Company has signed agreements to begin exporting five of its meds to Italy “in the coming period,” chairman…
Has Egypt’s fall IPO season just come to an end?
** #1 The fall equity raising season is officially over. The state privatization program was not the only victim of…
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