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Alta Semper raises stake in Macro Holding to 80%
M&A WATCH- Alta Semper ups stake in Macro Holding to 80%: Private equity outfit AltaSemper Capital has raised its stake…
Egyptian Drug Authority to grant incentives to pharma companies for export-bound contract manufacturing
The Egyptian Drug Authority is looking to provide a set of incentives to contract manufacturing for export markets, said Egyptian…
Medical supplies flood Egypt’s market, while demand falters
Sales of medical supplies — masks in particular — dropped in August, and are returning to pre-covid levels, said Mohamed…
Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
What we’re tracking on 12 August 2020
National polls for the country’s inaugural Senate election close tonight: President AbdelFattah El Sisi and Prime Minister Mostafa Madbouly both…
Egypt’s EDA, Upjohn, Iqvia to automate prescription-only meds distribution
Egypt’s pharma regulator EDA has signed a cooperation protocol with Pfizer's Upjohn and healthtech company Iqvia to better control the…
Cabinet approves emergency medical response fund, USAID allocations for education and agriculture
CABINET WATCH- Cabinet approves emergency medical response fund, USAID funding for education and agriculture: The Madbouly Cabinet approved during its…
DPI, Adwia end acquisition talks after failing to agree valuation
M&A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: Acquisition talks between UK Africa-focused private equity firm…
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