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Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Acdima to set up USD 165 mn pharma factory
The factory will produce some 28 active substances for the pharma industry\
Sehatech closes USD 850k pre-seed round. PLUS: Nagaty invests in Nocks
PLUS: Mohamed ‘Nagaty’ Aboulnaga invests in real estate startup Nocks
IDH reports 1H 2023 financials as it continues post-covid transition
Revenues from non-covid-related tests climbed 40% during the period, partially offsetting the fall in covid income
Ola Aly El Din appointed Vezeeta’s first chief operating officer
Aly El Din has been at Vezeeta for six years and was previously the company’s VP of business development and…
B Investments + MTI invest EGP 500 mn in EZ International
The investment will help EZ International expand El Ezaby’s presence in the local market
Fawry confirms Saudi talks, kicking tires on digital banking license in Egypt
The company wants to obtain a license to set up in the country
Gennecs’ huge vaccine plant + four other projects receive golden licenses
The plant is expected to produce 300 mn vaccines a year, making it the largest of its kind in the…
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