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B Healthcare Investments is increasing its capital to EGP 1 Billion.

1 day 7 hours ago

In a significant development for the healthcare sector, B Healthcare Investments, a key subsidiary of B Investments Holding, is in the final stages of securing approvals to increase its capital to a substantial EGP 1 billion.

This strategic financial maneuver is designed to fuel the company's ambitious expansion initiatives, both within Egypt and across the vibrant markets of the Gulf region. The capital injection is being made possible by the introduction of several high-profile new investors, including the Commercial International Bank (CIB), Al Baraka Bank Egypt, Misr Insurance, and Misr Life Insurance.

These new partners will join the company's existing and valued shareholders, which include the Sovereign Fund of Egypt’s (TSFE) Healthcare and Pharma Sub-fund, and a prominent businessman. This move positions B Healthcare Investments for accelerated growth and solidifies its financial foundation for future strategic endeavors.

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