{"id":639533,"date":"2017-10-31T06:31:33","date_gmt":"2017-10-31T06:31:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/"},"modified":"2017-10-31T06:31:33","modified_gmt":"2017-10-31T06:31:33","slug":"elaj-reportedly-buys-74-of-cairo-labs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/","title":{"rendered":"Elaj reportedly buys 74% of Cairo Labs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>M&A WATCH- Saudi Arabia\u2019s Elaj Group has reportedly acquired 74% of clinical <\/strong><strong>laboratory group Cairo Labs<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/351161\/11\/%D8%B9%D9%84%D8%A7%D8%AC-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%B4%D8%AA%D8%B1%D9%89-74%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A9-%D9%85%D9%86-%D9%83%D8%A7%D9%8A%D8%B1%D9%88-%D9%84%D8%A7%D8%A8\">sources told Al Mal<\/a>. The sources said the group paid EGP 36 mn for the stake from shareholder Mohsen Abulghar. Elaj is looking to enter the Egyptian market and increase its footprint in the medical services area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Saudi Arabia\u2019s Elaj Group has reportedly acquired 74% of clinical laboratory group Cairo Labs, sources told Al Mal. The sources said the group paid EGP 36 mn for the stake from shareholder Mohsen Abulghar. Elaj is looking to enter the Egyptian market and increase its footprint in the medical services area.<\/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-639533","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"605f5b8f-af04-4e3b-8bf3-bce1e5345c75","order":"0","is_powered_by":true,"section_story_id":"2c9e3e31-3bd8-4ed0-bc53-05dd670ebf4c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639523],"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>Elaj reportedly buys 74% of Cairo Labs - 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\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elaj reportedly buys 74% of Cairo Labs\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Saudi Arabia\u2019s Elaj Group has reportedly acquired 74% of clinical laboratory group Cairo Labs, sources told Al Mal. The sources said the group paid EGP 36 mn for the stake from shareholder Mohsen Abulghar. Elaj is looking to enter the Egyptian market and increase its footprint in the medical services area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-31T06:31:33+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\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elaj reportedly buys 74% of Cairo Labs\",\"datePublished\":\"2017-10-31T06:31:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\"},\"wordCount\":59,\"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\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\",\"name\":\"Elaj reportedly buys 74% of Cairo Labs - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-31T06:31:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elaj reportedly buys 74% of Cairo Labs\"}]},{\"@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":"Elaj reportedly buys 74% of Cairo Labs - 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\/2017\/10\/31\/elaj-reportedly-buys-74-of-cairo-labs\/","og_locale":"en_US","og_type":"article","og_title":"Elaj reportedly buys 74% of Cairo Labs","og_description":"M&A WATCH- Saudi Arabia\u2019s Elaj Group has reportedly acquired 74% of clinical laboratory group Cairo Labs, sources told Al Mal. 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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":[]},{"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":639533,"position":1},"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":634918,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/saudis-elaj-group-planning-to-build-egp-500-mn-oncology-hospital-in-egypt\/","url_meta":{"origin":639533,"position":2},"title":"Saudi\u2019s Elaj Group planning to build EGP 500 mn oncology hospital in Egypt","author":"enterpriseam admin","date":"29 January 2018","format":false,"excerpt":"INVESTMENT WATCH- Saudi Arabia\u2019s Elaj Group is planning to build a EGP 500 mn oncology hospital in Cairo, sources close to the matter say, Al Mal reports. They added that Elaj plans to complete construction by year\u2019s end and begin operations in 2019. 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