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Saudi Tamer Healthcare company near acquisition of 30 per cent of Egypt’s UCP
Tamer Healthcare, Saudi leading healthcare and wellness group, is close to getting 30 per cent of shares of Egyptian United Company of Pharmacists (UCP) for a transaction estimated at $35 million, reports say. The US-based AmerisourceBergen is relinquishing 30 per cent of its 50 per cent of UCP to Tamer, a source told Asharq Business, […]
Libya: GNA slams Greek foreign minister’s visit to rival Eastern administration
The foreign minister of the UN-backed Libyan Government of National Accord (GNA) has castigated the visit to his Greek counterpart, Nikos Dendias to the rival east-based administration, in reaction to GNA’s November maritime deal with Turkey. Minister Mohamed Taher Siala in statement on the ministry’s social media account said Dendias Sunday visit violates the decisions […]
Moroccan SOMAGEC group builds oil terminal in Djibouti
Part of the Moroccan private sector’ s increasing investments in the Horn of Africa, the group SOMAGEC is contributing to the building of an oil terminal in Djibouti. The Moroccan public works and civil engineering company is providing its expertise to Djibouti, which launched on Thursday the construction works of the new oil jetty, […]


