{"id":596503,"date":"2019-08-29T04:00:11","date_gmt":"2019-08-29T04:00:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/"},"modified":"2019-08-29T04:00:11","modified_gmt":"2019-08-29T04:00:11","slug":"aig-badr-city-factory-to-open-by-the-end-of-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/","title":{"rendered":"AIG Badr City factory to open by the end of 2019"},"content":{"rendered":"<p>Arab International Pharmaceuticals Group (AIG) plans to begin operating its new EGP 400 mn antibiotics factory in Badr City by the end of this year, <a href=\"https:\/\/alborsaanews.com\/2019\/08\/28\/1238735\">according to local news<\/a>. AIG had initially planned to inaugurate the factory last year, and had expected to invest EGP 200 mn in the facility. AIG raised its capital to finance the extra costs rather than taking out a loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arab International Pharmaceuticals Group (AIG) plans to begin operating its new EGP 400 mn antibiotics factory in Badr City by the end of this year, according to local news. AIG had initially planned to inaugurate the factory last year, and had expected to invest EGP 200 mn in the facility. AIG raised its capital to [&hellip;]<\/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":[72,2400,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596503","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"d60e72e6-8315-4dff-bded-7bb5ea4c32ca","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596478],"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>AIG Badr City factory to open by the end of 2019 - 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\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIG Badr City factory to open by the end of 2019\" \/>\n<meta property=\"og:description\" content=\"Arab International Pharmaceuticals Group (AIG) plans to begin operating its new EGP 400 mn antibiotics factory in Badr City by the end of this year, according to local news. AIG had initially planned to inaugurate the factory last year, and had expected to invest EGP 200 mn in the facility. AIG raised its capital to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T04:00:11+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AIG Badr City factory to open by the end of 2019\",\"datePublished\":\"2019-08-29T04:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\"},\"wordCount\":73,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\",\"Manufacturing\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\",\"name\":\"AIG Badr City factory to open by the end of 2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-08-29T04:00:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AIG Badr City factory to open by the end of 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AIG Badr City factory to open by the end of 2019 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/aig-badr-city-factory-to-open-by-the-end-of-2019\/","og_locale":"en_US","og_type":"article","og_title":"AIG Badr City factory to open by the end of 2019","og_description":"Arab International Pharmaceuticals Group (AIG) plans to begin operating its new EGP 400 mn antibiotics factory in Badr City by the end of this year, according to local news. 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The new facility, which will be operated and managed by AIG, is owned by five unnamed local investors. AIG has not yet disclosed any\u2026","rel":"","context":"In &quot;Manufacturing&quot;","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":584601,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/03\/gig-egypt-on-course-to-acquire-95-of-aig-egypt\/","url_meta":{"origin":596503,"position":1},"title":"Gig-Egypt on course to acquire 95% of AIG Egypt","author":"enterpriseam admin","date":"3 April 2023","format":false,"excerpt":"The FRA has approved Gig-Egypt\u2019s mandatory tender offer","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\/2023\/4\/53.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548483,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/gulf-ins-group-wants-to-acquire-aig-egypt\/","url_meta":{"origin":596503,"position":2},"title":"Gulf Ins. Group wants to acquire AIG Egypt","author":"enterpriseam admin","date":"10 August 2022","format":false,"excerpt":"Kuwaiti insurer wants AIG Egypt: A unit of Kuwait\u2019s largest ins. group has submitted a takeover bid for AIG Egypt, the Financial Regulatory Authority (FRA) said in a disclosure (pdf) to the EGX yesterday. Gig-Egypt, a subsidiary of Gulf Ins. Group (Gig), wants to acquire between 75% and 100% of\u2026","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\/2022\/8\/200.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":652108,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/aig-to-suspend-retail-insurance-activities-in-egypt\/","url_meta":{"origin":596503,"position":3},"title":"AIG to suspend retail insurance activities in Egypt","author":"enterpriseam admin","date":"28 February 2017","format":false,"excerpt":"American International Group (AIG) decided on Sunday to suspend sales of its auto, personal property, and home insurance products in Egypt effective from the beginning of April and will \u201crestructure its operations\u201d in the coming period, Al Borsa reports. Current policies will not be impacted by the decision.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638442,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/janet-yellen-explains-aig-deregulation\/","url_meta":{"origin":596503,"position":4},"title":"Janet Yellen explains AIG deregulation","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"Fed Chair Janet Yellen defended her position in voting to release AIG from its status as a company \u201ctoo big to fail,\u201d saying that the insurer is a changed business from the one that needed a USD 185 bn taxpayer bailout,according to the FT (paywall). 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