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A bidding war for GSK’s Egyptian arm?
Acdima may have just touched off a bidding war for GlaxoSmithKline's Egypt business, according to a regulatory filing (pdf) yesterday,…
Chefaa joins Google startup accelerator
Egypt-based pharma delivery platform Chefaa is among the 10 MENA startups that have joined Google’s regional startup accelerator. Ten tech…
Mansour retail, Ibnsina, Multi-Apex announce 2021 investment plans + lots of debt news
We have a smattering of investment and debt news that may be relevant to your industry, depending on where you…
Al Tayseer Healthcare Group has big plans for the future
Al Tayseer Healthcare Group (THG) plans to have six hospitals in its portfolio as it prepares to expand ahead of…
Landmark M&A in pharma, education
The week ends with news of two landmark acquisitions, one each in pharma and education. LSE-listed Hikma Pharma plans to…
Everything you need to know about covid at home and abroad on 16 December 2020
The Health Ministry reported 523 new covid-19 infections yesterday, up from 511 the day before. Egypt has now disclosed a…
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…
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