{"id":568607,"date":"2020-01-28T04:04:21","date_gmt":"2020-01-28T04:04:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/icmi-plans-to-invest-egp-24-mn-in-2020\/"},"modified":"2020-01-28T04:04:21","modified_gmt":"2020-01-28T04:04:21","slug":"icmi-plans-to-invest-egp-24-mn-in-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/icmi-plans-to-invest-egp-24-mn-in-2020\/","title":{"rendered":"ICMI plans to invest EGP 24 mn in 2020"},"content":{"rendered":"

Healthcare company International Company for Medical Industries<\/a> (ICMI) plans to invest EGP 24 mn in 2020 through its New Alpha and United Group subsidiaries, Managing Director Hisham Saber told Al Mal<\/a>. The company will use bank loans to finance the new investment, Saber said, adding that negotiations with several local banks are ongoing. The company recently spent EGP 30 mn<\/a> to purchase two factories to manufacture medical products.<\/p>\n","protected":false},"excerpt":{"rendered":"

Healthcare company International Company for Medical Industries (ICMI) plans to invest EGP 24 mn in 2020 through its New Alpha and United Group subsidiaries, Managing Director Hisham Saber told Al Mal. The company will use bank loans to finance the new investment, Saber said, adding that negotiations with several local banks are ongoing. The company […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9314],"tags":[72,2400,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568607","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"70e4479b-04f0-4628-85f4-0d7edc4ce7e8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568578],"teaser":"","voice_url":""},"yoast_head":"\nICMI plans to invest EGP 24 mn in 2020 - 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\/2020\/01\/28\/icmi-plans-to-invest-egp-24-mn-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICMI plans to invest EGP 24 mn in 2020\" \/>\n<meta property=\"og:description\" content=\"Healthcare company International Company for Medical Industries (ICMI) plans to invest EGP 24 mn in 2020 through its New Alpha and United Group subsidiaries, Managing Director Hisham Saber told Al Mal. 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The company plans to invest EGP 12 mn in the venture and is in talks with two\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592986,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/healthcare-outfit-icmi-invests-egp-30-mn-to-expand-production\/","url_meta":{"origin":568607,"position":1},"title":"Healthcare outfit ICMI invests EGP 30 mn to expand production","author":"enterpriseam admin","date":"13 November 2019","format":false,"excerpt":"Healthcare outfit the International Company For Medical Industries (ICMI) has invested EGP 30 mn to finance its expansion plans in complementary pharma products, Chairman Hisham Sabertold the local press. The company recently acquired two factories from New Alfa and Alfa Medical, which will be used to manufacture syringes and solution\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581392,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/09\/sri-lankas-lolc-wants-to-expand-in-egypt\/","url_meta":{"origin":568607,"position":2},"title":"Sri Lanka\u2019s LOLC wants to expand in Egypt","author":"enterpriseam admin","date":"9 February 2023","format":false,"excerpt":"Yesterday in M&A: A Sri Lankan financial services conglomerate that established a presence in Egypt last year wants to make new acquisitions, and Nilex-listed medical supplier ICMI has signed a purchase agreement to acquire a textile company.LOLC WANTS MORE LOCAL FIRMS-(xxSA) Sri Lankan conglomerate LOLC Group wants to acquire several\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/lolc-1600px.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578671,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/10\/compass-capital-cleared-to-do-due-diligence-on-pachin-plus-speed-medical-icmi-make-ma-headlines\/","url_meta":{"origin":568607,"position":3},"title":"Compass Capital cleared to do due diligence on Pachin. 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