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Logistics (MENA) 
Acdima is selling its 10.49% stake in Spimaco, Egypt’s 3C Coding School targets Saudi
PLUS: Egyptian edtech 3C Coding School will target Saudi Arabia as next growth market.
Biotech firms weigh up listings and takeovers amid fierce demand
Biotech dealmaking is picking up as firms look to get ahead of an incoming patent deadline
Farabi inaugurates USD 950 mn petrochem plant in Yanbu
The facility expands Farabi’s annual LAB capacity by 120k tons
Three pharma projects worth SAR 926 mn announced at CPHI day two
The Kingdom’s pharma market is expected to grow at a 9.3% CAGR until 2027
Agreements worth SAR 10 bn signed during the first day of CPHI
Saudi holds more than 50% market share in MENA pharma market
Al Mousa to invest EUR 50 mn in new Egyptian cable factory
PLUS: Eva Pharma breaks ground on Saudi facility
Where the local health sector stands
Average life expectancy in the Kingdom is currently at 77.6 years
Jamjoom wants to line up SAR 36 mn in financing for its Algeria JV
This financing would cover the JV’s short-term working capital requirements
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