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Another gas discovery for British SDX in South Disouq
SDX strikes more gas: UK-based SDX Energy has made its largest gas discovery yet at its South Disouq concession after…
GSK Egypt appoints new CEO, chairman
GlaxoSmithKline Egypt has appointed former general manager Mohamed Eldababy (LinkedIn) as its new CEO and managing director, and former vice…
Lots of fresh investment in food, pharma and alumium
Yesterday was a particularly busy day for mid-sized investment news spanning industries from pharma to food and aluminum. Here’s the…
Pfizer is selling all its meds at cost to 45 low-income countries + Todd Boehly is now the proud owner of Chelsea FC
Pfizer will sell its entire portfolio of meds at cost to 45 low-income countries, the pharma giant said in a…
Ibnsina earnings up 17% in 1Q 2022
Ibnsina Pharma’s net income rose 17% y-o-y in 1Q 2022 to EGP 58.8 mn, according to the company’s latest financial…
Saudi food group eyes Ole bakery + Ibnsina breaks into hospitals with El Shorouk acquisition
Saudi food conglomerate Savola Group is close to acquiring the Egyptian Belgian Company — best known for its Ole-branded baked…
Earnings watch: Rameda bottomline jumps in 1Q2022, company eyes acquisitions
Tenth of Ramadan for Pharma Industries and Diagnostic Reagents (Rameda) reported a 138% y-o-y jump in its net income in…
It’s not just food prices that are going up
The nation’s talking heads took a break from discussing food price inflation last night, and instead turned their attention to…
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