British Company reveals plans to acquire private hospitals
The “Anglo Egyptian Corporation,” a British company, has claimed that it is intending to acquire some of the largest private hospitals in Egypt, reported Al-Sharq Al-Awsat. These hotels include the International Salam, Hyatt, Al-Shoroq, Nozha, Cairo, Nile, and the Cleopatra.
The British enterprise also announced that it is willing to set up a holding company in Egypt in order to operate the private hospitals that it will purchase in the future.
This has resulted in a great deal of unease in the Egyptian Medical Professions Association, which is strictly opposed to the sale of the hospitals. In a letter addressed to the Egyptian prime minister, the association warned against foreign parties who are planning to control the Egyptian hospital sector. –(Albawaba-MEBG)
- UK's former investment director in Egypt, John Franck, reveals what scares British investors the most about Egypt
- Landmark Group Acquires MENA Franchise of Fitness First
- Faruk Group Holding reveals plans to make Sulaymaniyah a desired destination within the Arab world
- Gulf Capital acquires 75% of Dogu Tip, a Leading Medical Diagnostic Imaging Company in Turkey