{"id":621040,"date":"2024-05-30T00:00:00","date_gmt":"2024-05-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/md-pharma-to-set-up-usd-35-mn-medicine-factory-in-dubai\/"},"modified":"2024-05-30T00:00:00","modified_gmt":"2024-05-30T00:00:00","slug":"md-pharma-to-set-up-usd-35-mn-medicine-factory-in-dubai","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/md-pharma-to-set-up-usd-35-mn-medicine-factory-in-dubai\/","title":{"rendered":"MD Pharma to set up USD 35 mn medicine factory in Dubai"},"content":{"rendered":"

MD Pharma heads to the UAE:<\/strong> MD Pharma<\/a>, an Egyptian patient safety and healthcare business solutions provider, inked an agreement with Dubai Industrial City to set up a meds manufacturing facility with investments exceeding AED 130 mn (USD 35 mn), according to a statement<\/a>. The factory is set to launch in 2025 and will cater to markets in the GCC and Africa.<\/p>\n

The factory is set to be the first Egyptian facility manufacturing medicine in the UAE<\/strong>, according to the statement.<\/p>\n

It\u2019s already been a big week for Egyptian firms heading to the Gulf: <\/strong>In addition to news of CI Capital and Thndr<\/a> opening up shop in the GCC, we also heard this week that GoBus is planning to<\/a> launch its Saudi arm in June or July and tech-enabled F&B logistics startup OneOrder wants to start operations<\/a> in the UAE this fall. <\/p>\n","protected":false},"excerpt":{"rendered":"

MD Pharma\u2019s factory will be the first Egyptian medicine manufacturing facility in the UAE<\/p>\n","protected":false},"author":1,"featured_media":621041,"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":[7255],"tags":[72,7115,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-enterpriseam","tag-healthcare","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"d2753641-63f2-489c-a63a-6ba1b7c835ab","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2490.jpg","photo_position":"above","homepage_title":"","full_issue_title":"MD Pharma to set up USD 35 mn medicine factory in Dubai","related_issue":[621026],"teaser":"MD Pharma\u2019s factory will be the first Egyptian medicine manufacturing facility in the UAE","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.b6dc436b-7acd-41d4-91a2-af4a6a1f139f.mp3"},"yoast_head":"\nMD Pharma to set up USD 35 mn medicine factory in Dubai - 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