By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
    When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
    March 26, 2023
    Research centres define optimal investment portfolio amid high inflation
    Research centres define optimal investment portfolio amid high inflation
    March 26, 2023
    Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
    Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
    March 26, 2023
    Abu Dhabi Islamic Bank - Egypt achieves net profit of EGP 2.190bn in 2022
    Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022
    March 26, 2023
    JICA organizes hybrid event titled ‘Promoting Social and Continuous Learning in Egypt and Japan’
    JICA organizes hybrid event titled ‘Promoting Social and Continuous Learning in Egypt and Japan’
    March 26, 2023
  • Politics
    PoliticsShow More
    Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant who urged a halt to judicial overhaul
    Israeli PM sacks defence minister who urged a halt to judicial overhaul
    March 27, 2023
    Health Minister opens 1st production line of ‘Hepatitis B and Pentavalent’ vaccines in Egypt
    Health Minister opens 1st production line of ‘Hepatitis B and Pentavalent’ vaccines in Egypt
    March 26, 2023
    Al-Sisi follows up on Justice Ministry's efforts to accelerate trial procedures at courts
    Al-Sisi follows up on Justice Ministry’s efforts to accelerate trial procedures at courts
    March 26, 2023
    Egypt participates in Earth Hour initiative 
    Egypt participates in Earth Hour initiative 
    March 26, 2023
    Egypt's Health Minister discuss bilateral cooperation with an Italian delegation 
    Egypt’s Health Minister discuss bilateral cooperation with an Italian delegation 
    March 23, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Al Tamimi & Co. consults on several deals in health, education sectors
Share
Notification
Latest News
Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant who urged a halt to judicial overhaul
Israeli PM sacks defence minister who urged a halt to judicial overhaul
Politics
Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Business Opinion
Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
Meet Yehia Abouseif: Artist & designer hailing from Cairo and now based in New York
Culture
Research centres define optimal investment portfolio amid high inflation
Research centres define optimal investment portfolio amid high inflation
Business
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Al Tamimi & Co. consults on several deals in health, education sectors
Business

Al Tamimi & Co. consults on several deals in health, education sectors

Fatma Salah
Last updated: 2023/02/18 at 10:36 PM
By Fatma Salah 4 Min Read
Share
Al Tamimi & Co. consults on several deals in health, education sectors
SHARE

Ehab Taha, a partner at Al Tamimi & Company, has said that work is underway on a variety of deals in various sectors, especially the pharmaceutical and education sectors, stressing the attractiveness of the two sectors in Egypt for investment.

Taha predicted, in an interview with Daily News Egypt, that this year will witness more deals than last year, contrary to what is expected in the market, stressing that Egypt enjoys strong investment opportunities and generates a strong return for investors.

He stressed that the increase in education deals in Egypt is very natural with the increase in the population, as well as the health sector, stressing that population growth greatly increases the chances of success for these sectors.

He added that the private sector must participate with the government in these vital sectors, so that the state returns to the supervisory and regulatory role, and the private sector bears part of these investment burdens.

He revealed that there are English, French and American universities studying the establishment of universities in Egypt, to benefit from the high demand for educational services in Egypt.

The office is working on two university establishment deals, two merger and acquisition deals, in addition to two acquisition deals in the school sector during the current year, noting that last year witnessed the implementation of 4 deals in the school sector.

He said that the office worked as an advisor to the Sovereign Fund of Egypt (TSFE) in B Investments, indicating that the relations between the fund and the office are strong and extended.

Last month, TSFE, through its sub-fund for health services and pharmaceutical industries, signed two agreements with B Investments to invest more than EGP 2bn in the field of specialized health care services, pharmaceutical distribution, and trade services in Egypt.

In the energy sector, the office manages a number of deals in this vital sector in Egypt, amounting to about five deals, including three acquisition deals, and two establishment deals, indicating that there is an establishment project in the renewable energy sector for a European investor in wind energy, in addition to a deal in waste management along with one in the petroleum sector.

In addition, there are about seven deals in the health sector, and other deals in the petrochemical and industrial sectors, indicating that the office is working as a legal advisor for the acquisition of Pachin shares by Eagle Chemicals, as it represents the buying party in the deal.

In 2022, the office completed more than 30 merger and acquisition deals of different sizes worth more than $1.5bn.

He stressed that the merger and acquisition activity continues in the current year, but the financing market may witness some challenges during the current period, especially with the rise in interest rates.

You Might Also Like

When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk

Research centres define optimal investment portfolio amid high inflation

Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate

Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022

JICA organizes hybrid event titled ‘Promoting Social and Continuous Learning in Egypt and Japan’

TAGGED: Al Tamimi, Al Tamimi & Co., health
Share this Article
Facebook Twitter Email Print
Previous Article National Museum of Egyptian Civilization launches ‘Tablia Misr’ initiative National Museum of Egyptian Civilization launches ‘Tablia Misr’ initiative
Next Article Al-Sisi reviews government's efforts to develop strategic agricultural crops Al-Sisi reviews government’s efforts to develop strategic agricultural crops
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant who urged a halt to judicial overhaul
Israeli PM sacks defence minister who urged a halt to judicial overhaul
Politics
Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Business Opinion
Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
Meet Yehia Abouseif: Artist & designer hailing from Cairo and now based in New York
Culture
Research centres define optimal investment portfolio amid high inflation
Research centres define optimal investment portfolio amid high inflation
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?