
IDH seeks to increase stock of raw materials as hedge against inflation
Company has stockpile of up to 3 months, seeks to add more: El-Sherbiny
Company has stockpile of up to 3 months, seeks to add more: El-Sherbiny
The visit comes as part of Pakistan’s wider strategy to consolidate its relations with Egypt, especially in infrastructure projects, health, training, and joint investments.
In a statement to the Egyptian Exchange, the company explained that the value of the deal is $72.35m, adding that the deal is scheduled to be completed as soon as a set of main conditions are met.
Quality process ongoing, never-ending process that requires teamwork, integral part of IDH’s strategy, says Hend El Sherbiny
5,000 home visits take place per day, along with 20,000 analyses every hour, said Nancy Fahmy
The eight-year loan will be used to finance IDH’s growth plans across new and existing markets, whilst also helping to expand access to high-quality diagnostic services in high growth emerging markets. This comes in addition to its current presence in Egypt, Jordan, Nigeria, and Sudan.
Company plans to add 30-35 new pathology lab branches across Egypt annually
Egypt constituted largest share of consolidated regional revenue in 2020 at 81.8%, followed by Jordan with 15.4% contribution
Listing of EGP-denominated ordinary shares will position IDH as sole dual-listed Egyptian company on both EGX, London Stock Exchange