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House gave preliminary approval to bill allowing private investors to manage public health facilities
Foreign medical staff will not be allowed to exceed 25% of total staff members
Rameda’s top line climbs 16% y-o-y in 1Q 2024 thanks to growing sales and exports
The company’s bottom line took a 12% hit for the quarter
Golden licenses and other incentives on offer in new government healthcare investment initiative
The state will cover half of the training costs of some projects
Local players are setting up a USD 100 mn healthcare venture
The new venture will establish 1k clinics targeting low-to-middle income families in Egypt
Egyptian-American Enterprise Fund to finance Tanmiya Capital Ventures fund. PLUS: City Lab stake sale fast approaching
The Egyptian-American Enterprise Fund will provide USD 50 mn in financing for Tanmiya Capital Ventures’ upcoming fund
Macro Group turns to losses in 2023
The losses were driven by a dip in revenues and higher finance cost
Gov’t proposes increasing spending on education, social security, healthcare in FY 2024-25 draft budget
Funds directed towards social protection are up 20% y-o-y to EGP 636 bn
Edita looks to acquire Bisco Misr?
Edita is yet to submit an official offer or take any tangible steps towards acquiring the company
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