{"id":613459,"date":"2024-01-15T00:00:00","date_gmt":"2024-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/this-evening-ezdehar-purchases-minority-stake-in-yodawy-investing-some-usd-10-mn\/"},"modified":"2024-01-15T00:00:00","modified_gmt":"2024-01-15T00:00:00","slug":"this-evening-ezdehar-purchases-minority-stake-in-yodawy-investing-some-usd-10-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/this-evening-ezdehar-purchases-minority-stake-in-yodawy-investing-some-usd-10-mn\/","title":{"rendered":"THIS EVENING: Ezdehar purchases minority stake in Yodawy investing some USD 10 mn"},"content":{"rendered":"

Good afternoon, friends, and welcome to this busy Monday afternoon. <\/strong>More news is starting to hit our sphere as the international media comes back to work after their weekend.<\/p>\n

Speaking of new, we launched our UAE edition this morning. <\/strong>Think of it as the UAE analogue to your morning read in Egypt \u2014 your essential report on business, finance, the economy, and regulation in one of the world\u2019s most vibrant and exciting economies. <\/p>\n

EnterpriseAM UAE is produced in the United Arab Emirates<\/strong> and in Egypt by the same team that brings you EnterpriseAM and EnterprisePM in Egypt as well as our MENA industry reports, Enterprise Climate and Enterprise Logistics. <\/p>\n

** Stay tuned for the launch later this month of EnterpriseAM KSA. <\/strong>You can tap or click here<\/a> if you\u2019d like to be added to our list for launch day.<\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

Ezdehar announces purchase of minority stake in Yodawy:<\/strong> Local private equity firm Ezdehar Management has acquired a minority stake in pharmacy benefits management platform Yodawy, investing some USD 10 mn into the company, Ezdehar said in a press release (pdf)<\/a>. Ezdehar\u2019s primary capital investment will focus on supporting Yodawy\u2019s growth plans through expanding its client base, tech-enabled prescription capabilities, and aiding in solidifying Yodawy\u2019s position in the healthtech sector in Egypt and the region, the company said. <\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

Coverage of the battle for the US\u2019 Republican party\u2019s presidential nomination in the first nominating state is still<\/strong> leading the conversation in the international press this afternoon <\/strong>withcandidates trying to secure Iowa\u2019s support in the final stretch of campaigning. Former President Donald Trump still holds a major lead and hopes to secure a victory tonight, putting him on track to oppose incumbent Joe Biden in the November election. The real battle is between Nikki Haley and Ron DeSantis as they fight for second place, the spot Haley currently holds. They\u2019ll have to make up for lost time after last week\u2019s campaign efforts were halted due to intense weather conditions, especially DeSantis who will likely face pressure to drop out of the running if he fails to move up the ranks. (Financial Times<\/a> | Associated Press<\/a> | Washington Post<\/a> | Wall Street Journal<\/a>)<\/p>\n

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** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n