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Speed Medical to be the first jump from Nilex to the EGX
Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday after completing its upgrade from the…
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EBRD, DPI, CDC to raise additional USD 500 mn for future Africa investments of new pharma platform
INVESTMENT WATCH- EBRD, CDC, DPI consortium to raise additional USD 500 mn for pan-African investments: The European Bank for Reconstruction…
EBRD, CDC, DPI consortium create USD 250 mn pharma investment platform for Egypt
INVESTMENT WATCH- Alphabet soup of global investors building USD 250 mn pharma investment platform for Egypt: The European Bank for…
What we’re tracking on 25 October 2020
Good morning, friends. It’s a big day for: The EGX — and the financial system as a whole. One of…
Four banks offer EGP 800 mn to support EIPICO cancer treatment project
The Egyptian International Pharmaceutical Industries (EIPICO) has received four offers from banks to provide a EGP 800 mn loan to…
ADQ Holding could buy Amoun Pharma for USD 700 mn
M&A WATCH- The Emirates’ ADQ Holding could buy Amoun Pharma for USD 700 mn: Abu Dhabi’s sovereign wealth fund ADQ…
Cleopatra Hospitals on track for 15% revenue growth in 3Q2020
EARNINGS WATCH- Cleopatra Hospitals Group (CHG) is on track to record 15% y-o-y revenue growth in 3Q2020, with an expected…
NBE provides Ibn Sina Pharma with a EGP 250 mn short-term credit facility
The National Bank of Egypt will increase the size of Ibnsina Pharma’s short-term credit facility to EGP 250 mn to…
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