Investcorp has acquired a stake in Al Borg Medical Laboratories, the largest chain of private laboratories in the MENA region.
Tag Archives | Middle East
Huda Al Lawati, who was promoted to partner and CIO for the MENA region last year, has left to establish an internet start-up.
Abraaj regional head for MENA, Ahmed Badreldin, talks about how to consolidate in the region, IPO sentiment and growth plans.
The hire will support the market-leading fertility clinic’s expansion across the Middle East and in India.
The firm’s listing of Egypt’s Cleopatra Hospital Company on the Egyptian Exchange follows on the heels of the IPO of Unimed on the Tunis exchange.
The Singapore-based hires add an operating partner and two senior advisors as the firm looks to expand into the region.
TVM Capital Healthcare Partners co-founder Helmut Schuehsler says his firm will tap the same healthcare investment themes to access the region as it has used previously in the MENA region.
The emerging markets-focused fund intends to invest in up to 12 healthcare companies across MENA, India and south-east Asia.
The collaboration between Arabian Gulf University and Swedish biotech firm Dilaforette will fund a phase II drug trial expected to present data in the second half of 2016.
The stake in the personal care products company is Abraaj’s second MENA acquisition in a week, and fourth overall in Tunisia.