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Axa gets in on universal healthcare scheme
Health ins. provider Axa will provide its services under Egypt’s new universal healthcare system after signing an agreement with the…
Healthtech startup Clinido raises six-figure USD seed round
Egyptian healthtech platform Clinido raised a six-figure USD investment in a seed funding round from two unnamed angel investors, the…
Revenge of the Luddites
Ibnsina Pharma has ended its standoff with the Pharmacists Syndicate, announcing yesterday that it would walk back its acquisition of…
The Egypt-Saudi Investment Fund could finally be becoming a thing
The Egyptian and Saudi governments have drafted a final agreement to launch the long-dormant Saudi-Egypt investment fund, according to a…
GCC wealth funds eye USD 700 mn Amoun Pharma acquisition
Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who…
What we’re tracking on 24 November 2020
Good morning, wonderful people — and happy midweek. We have a pleasantly busy issue this morning, including two international stories…
Consumer healthcare giant IDH considers dual EGX-LSE listing
IPO WATCH- London-listed Consumer healthcare giant Integrated Diagnostics Holdings (IDH) is considering the dual listing of its ordinary shares on…
Speed Medical triples net profit
EARNINGS WATCH- NileX-listed Speed Medical tripled its net profit in 9M2020 to EGP 49.1 mn from EGP 16.4 mn in…
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