{"id":637733,"date":"2017-11-23T04:07:10","date_gmt":"2017-11-23T04:07:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/"},"modified":"2017-11-23T04:07:10","modified_gmt":"2017-11-23T04:07:10","slug":"saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/","title":{"rendered":"Saudi\u2019s Elaj Group buys Alexandria International, Ibn Sina Specialized Hospital"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>M&A WATCH- <\/strong>Saudi Arabia\u2019s Elaj Group has acquired Alexandria International Hospital and Ibn Sina Specialized Hospital, <a href=\"http:\/\/www.almalnews.com\/Story\/353861\/11\/%D8%B9%D9%84%D8%A7%D8%AC-%D8%AA%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D8%B4%D9%81%D9%89-%D8%A7%D8%A8%D9%86-%D8%B3%D9%8A%D9%86%D8%A7-%D9%88%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A\">Al Mal reports<\/a> citing sources close to the matter. (The latter is of no relation to Ibnsina Pharma, above). Elaj completed the transaction on Alexandria International earlier in the week, with the newspaper speculating that it had been done through over the counter transactions on the EGX over a period of a few weeks for an estimated EGP 35 mn. Elaj is planning an expansion to Ibn Sina following the acquisition.<\/p>\n<p><strong>Elaj is on something of a tear:<\/strong> The company <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\">acquired 74% of clinical laboratory group Cairo Labs<\/a> for an estimated EGP 36 mn in October before adding to its portfolio <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/01\/elaj-reportedly-acquires-15-stake-in-international-eye-hospital\/\">a 15% stake in the International Eye Hospital<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Saudi Arabia\u2019s Elaj Group has acquired Alexandria International Hospital and Ibn Sina Specialized Hospital, Al Mal reports citing sources close to the matter. (The latter is of no relation to Ibnsina Pharma, above). Elaj completed the transaction on Alexandria International earlier in the week, with the newspaper speculating that it had been done [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637733","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"42d1406b-c8f9-4bb9-aa5b-af348b735187","order":"0","is_powered_by":true,"section_story_id":"b6d32d86-c412-4dfd-addf-fd8ee8b14da6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637721],"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>Saudi\u2019s Elaj Group buys Alexandria International, Ibn Sina Specialized Hospital - 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\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi\u2019s Elaj Group buys Alexandria International, Ibn Sina Specialized Hospital\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Saudi Arabia\u2019s Elaj Group has acquired Alexandria International Hospital and Ibn Sina Specialized Hospital, Al Mal reports citing sources close to the matter. 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Elaj completed the transaction on Alexandria International earlier in the week, with the newspaper speculating that it had been done [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-23T04:07:10+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\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\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi\u2019s Elaj Group buys Alexandria International, Ibn Sina Specialized Hospital\",\"datePublished\":\"2017-11-23T04:07:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/saudis-elaj-group-buys-alexandria-international-ibn-sina-specialized-hospital\/\",\"name\":\"Saudi\u2019s Elaj Group buys Alexandria International, Ibn Sina Specialized Hospital - 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They added that Elaj plans to complete construction by year\u2019s end and begin operations in 2019. The Saudi group will finance the project\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":625066,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/saudis-elaj-to-complete-acquisition-of-majority-stake-in-technoscan-in-november\/","url_meta":{"origin":637733,"position":1},"title":"Saudi\u2019s Elaj to complete acquisition of majority stake in TechnoScan in November","author":"enterpriseam admin","date":"26 September 2018","format":false,"excerpt":"**#5 M&A WATCH- Saudi\u2019s Elaj to complete acquisition of majority stake in TechnoScan in November: Saudi Arabia\u2019s Elaj Group expects to complete its acquisition of a 75% stake in medical diagnostic imaging chain TechnoScan by November, CEO Walid El Sayed says. Elaj is in the \u201cfinal stages\u201d of talks with\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":631773,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/27\/saudis-elaj-extends-acquisition-spree-with-stake-in-under-construction-paediatric-hospital\/","url_meta":{"origin":637733,"position":2},"title":"Saudi\u2019s Elaj extends acquisition spree with stake in under-construction paediatric hospital","author":"enterpriseam admin","date":"27 March 2018","format":false,"excerpt":"M&A WATCH- Elaj Group continues healthcare acquisition spree: Saudi Arabia\u2019s Elaj Group has acquired a majority stake in Cairo Clinic Children\u2019s Hospital in transaction worth EGP 9 mn, sources close to the matter tell Al Mal. The EGP 60 mn hospital remains stalled in the construction stage after running into\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":625842,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/saudis-elaj-in-advanced-talks-to-acquire-majority-stake-in-technoscan-labs\/","url_meta":{"origin":637733,"position":3},"title":"Saudi\u2019s Elaj in advanced talks to acquire majority stake in TechnoScan labs","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"M&A WATCH- Saudi\u2019s Elaj in advanced talks to acquire majority stake in TechnoScan: Saudi Arabia\u2019s Elaj Group is reportedly in advanced talks with Gulf Capital to acquire its 75% stake in medical diagnostic imaging chain TechnoScan, sources close to the matter tell Al Mal. The transaction is expected to be\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":632402,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/saudis-elaj-group-eyes-siag-pyramids-hotel-will-convert-it-into-specialist-hospital\/","url_meta":{"origin":637733,"position":4},"title":"Saudi\u2019s Elaj Group eyes Siag Pyramids Hotel, will convert it into specialist hospital","author":"enterpriseam admin","date":"11 February 2018","format":false,"excerpt":"INVESTMENT WATCH- Saudi Arabia\u2019s Elaj Group is eyeing the defunct Siag Pyramids Hotel in Haram with a view to converting the building into a specialist hospital, unidentified sources close to the matter tell Al Mal. The hotel, which was repossessed in 2010 after its owners failed to repay loans owed\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":636807,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/elaj-reportedly-acquires-15-stake-in-international-eye-hospital\/","url_meta":{"origin":637733,"position":5},"title":"Elaj reportedly acquires 15% stake in International Eye Hospital","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"M&A WATCH- Saudi\u2019s Elaj Group is on a tear. Fresh off its acquisition of 74% of clinical laboratory group Cairo Labs, the group has reportedly acquired a 15% stake in the International Eye Hospital, buying out a group of doctors\u2019 stakes in the facility, sources tell Al Borsa. The value\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\/637733","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=637733"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637733\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637721"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637733"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637733"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}