{"id":543581,"date":"2022-02-08T03:51:45","date_gmt":"2022-02-08T03:51:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/"},"modified":"2022-02-08T03:51:45","modified_gmt":"2022-02-08T03:51:45","slug":"adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/","title":{"rendered":"Adwia to invest EGP 400 mn in 2022 to add production lines"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Pharma manufacturer <\/strong><strong><a href=\"https:\/\/www.adwia.com\/\">Adwia<\/a><\/strong><strong> will invest EGP 400 mn this year to add new <\/strong><strong>production lines and make upgrades at its 10th of Ramadan factory<\/strong>, <a href=\"https:\/\/bit.ly\/3gwijdK\">Al Borsa<\/a> quoted company head Mohamed Khattab as saying. The company is also planning to take 11 new products to market this year, and to tap new export markets.<\/p>\n<p><strong>About Adwia:<\/strong> A pan\u2013African pharma investment fund launched by the European Bank for Reconstruction and Development, the UK\u2019s CDC Group, and Development Partners International <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58418cd0-43d9-44cb-90dd-c81577b363ab\">acquired 99.6%<\/a> of the drugmaker for USD 126 mn in late 2020. The company produces more than 100 meds for the Egyptian market, and exports its products to several Arab and African countries, according to Al Borsa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pharma manufacturer Adwia will invest EGP 400 mn this year to add new production lines and make upgrades at its 10th of Ramadan factory, Al Borsa quoted company head Mohamed Khattab as saying. The company is also planning to take 11 new products to market this year, and to tap new export markets. About Adwia: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":543582,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[851,72,125,852,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-adwia","tag-enterpriseam","tag-investment-watch","tag-mohamed-khattab","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"93acdddf-89a6-443a-9986-41efedab8d20","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/100.jpg","photo_position":"above","related_issue":[543567],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adwia to invest EGP 400 mn in 2022 to add production lines - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adwia to invest EGP 400 mn in 2022 to add production lines\" \/>\n<meta property=\"og:description\" content=\"Pharma manufacturer Adwia will invest EGP 400 mn this year to add new production lines and make upgrades at its 10th of Ramadan factory, Al Borsa quoted company head Mohamed Khattab as saying. The company is also planning to take 11 new products to market this year, and to tap new export markets. About Adwia: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-08T03:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/100.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Adwia to invest EGP 400 mn in 2022 to add production lines\",\"datePublished\":\"2022-02-08T03:51:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/100.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Adwia\",\"EnterpriseAM\",\"investment watch\",\"Mohamed Khattab\",\"pharma\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/adwia-to-invest-egp-400-mn-in-2022-to-add-production-lines\/\",\"name\":\"Adwia to invest EGP 400 mn in 2022 to add production lines - 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Hossam Taher and his family \u2014 who sold their 90% stake in Adwia to a European Bank for Reconstruction and Development-CDC Group consortium last year \u2014\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/250.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576097,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/ebrd-cdc-consortium-acquire-99-6-of-egypts-adwia-pharma\/","url_meta":{"origin":543581,"position":1},"title":"EBRD, CDC consortium acquire 99.6% of Egypt\u2019s Adwia pharma","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"M&A WATCH- EBRD-CDC consortium acquires 99.6% of Adwia Pharma: A consortium of the European Bank for Reconstruction and Development, the UK\u2019s Commonwealth Development Corporation, and an unnamed UK fund have acquired a 99.6% of pharma company Adwia, Al Mal reports, citing sources with knowledge of the sale. The USD 126\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":617666,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/26\/abu-dhabi-wealth-fund-mubadala-acquires-100-of-adwia-parent-company-kelix-bio\/","url_meta":{"origin":543581,"position":2},"title":"Abu Dhabi wealth fund Mubadala acquires 100% of Adwia parent company Kelix Bio","author":"enterpriseam admin","date":"26 March 2024","format":false,"excerpt":"DPI, BII, and EBRD offloaded all of their shares in the company to Mubadala","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2193.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574831,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/dpi-to-purchase-pharma-manufacturer-adwia-for-usd-200-mn\/","url_meta":{"origin":543581,"position":3},"title":"DPI to purchase pharma manufacturer Adwia for USD 200 mn","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"M&A WATCH- DPI and Adwia shake hands on USD 200 mn acquisition: UK private equity firm Development Partners International (DPI) and pharma manufacturer Adwia have reached an agreement that will see DPI buying 100% of Adwia for USD 200 mn, Adwia Chairman Hossam Taher told the local press. Adwia is\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/17\/ebrd-cdc-dpi-consortium-create-usd-250-mn-pharma-investment-platform-for-egypt\/","url_meta":{"origin":543581,"position":4},"title":"EBRD, CDC, DPI consortium create USD 250 mn pharma investment platform for Egypt","author":"enterpriseam admin","date":"17 November 2020","format":false,"excerpt":"INVESTMENT WATCH- Alphabet soup of global investors building USD 250 mn pharma investment platform for Egypt: The European Bank for Reconstruction and Development (EBRD) along with the UK\u2019s Commonwealth Development Corporation (CDC) Group and UK-based Africa-focused Development Partners International (DPI) have created a joint investment platform focusing on the pharma\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573386,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/","url_meta":{"origin":543581,"position":5},"title":"DPI, Adwia end acquisition talks after failing to agree valuation","author":"enterpriseam admin","date":"4 August 2020","format":false,"excerpt":"M&A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: Acquisition talks between UK Africa-focused private equity firm Development Partners International (DPI) and pharma manufacturer Adwia have broken down after the two sides failed to agree on a valuation, Adwia Chairman Hossam Taher told Al Mal. Adwia rejected\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543581"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543581\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/543582"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543581"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543581"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}