UAE – Mubasher: The UAE’s MBF Group Holdings and Establishments is set to sign a final agreement with Al Ahly Capital Holding, the investment arm of the National Bank of Egypt (NBE), to invest in the healthcare sector in the most populous Arab nation by the end of April, according to Emirates News Agency (WAM).
The first investment will be through the acquisition of a hospital in Egypt to be a precursor for establishing the largest healthcare service network in the country with a presence in all governorates, the state-run news agency reported on Sunday.
This move is part of an investment partnership agreement signed earlier between the two sides at the Dubai International Financial Centre (DIFC).
