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Red hot
The bidding war for Alexandria Medical looks to be heating. EGX-listed Cleopatra Hospitals Group (CHG) is now reportedly throwing its…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
ADQ reaches agreement to snag Amoun Pharma
Abu Dhabi’s sovereign wealth fund ADQ is acquiring 100% of Bausch Health’s unit in Egypt, Amoun Pharma, in a USD…
We could make Sinovac + tourism workers at the head of the line
We could soon be making China’s Sinovac vaccine here at home as Egypt is expected to reach an agreement with…
Cleopatra Hospitals net income up 21% in 4Q2020
EARNINGS WATCH- Cleopatra Hospitals Group’s (CHG) net income rose 21% y-o-y in 4Q2020 to EGP 116 mn, up from EGP…
USD 2.5 bn of Saudi investment in five years + Meamar launches healthcare unit
Sharbatly Group pouring USD 2.5 bn into Egypt? Saudi investor Hassan Sharbatly plans to invest some USD 2.5 bn in…
On your marks...
Race for Alex Medical to heat up later this month: A consortium of Mabaret Al AsafraHospitals and investment firm Tana…
Revenge of the Luddites, Part III: Chapter II: Vezeeta strikes back
Vezeeta has denied that it has broken the law with its newly-launched e-pharmacy business after the Pharmacists Syndicate last month…
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