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Speed Medical to debut on EGX in six months after upcoming NileX IPO
IPO WATCH- Speed Medical is planning to IPO on the EGX within six months of listing of 25% of its…
healthcare
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Egypt’s FinMin to announce specifics of healthcare tithe this week
FinMin to announce final specifics of healthcare tithe this week: The Finance Ministry will announce this week its final framework…
Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned
Gov’t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the…
Baheya Foundation to establish EGP 880 mn in Sheikh Zayed
The Baheya Foundation for Early Detection and Treatment of Breast Cancer is planning to establish a new EGP 880 mn…
Government considering making healthcare tithe on profits not revenues
EXCLUSIVE- FinMin considers making the 0.25% healthcare tithe on net profit, not revenue: The government is mulling whether to amend…
Cleopatra completes acquisition of El Katib, moves ahead with Queens
M&A WATCH- Cleopatra completes acquisition of El Katib, adds 100 beds: Cleopatra Hospitals Group (CHG) has completed its acquisition of…
Earnings watch: Cleopatra, Beltone Financial report 2018 results
EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn, up…
Germany’s Hospinorm plans to enter Egyptian market, invest EGP 600 mn
INVESTMENT WATCH- German healthcare project developer Hospinorm is planning invest some EGP 600 mn as it enters the Egyptian market,…
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