Egyptian factory

GYPTO Pharma to manufacture drugs in KSA under $129m deal

Egyptian holding company GYPTO pharma and several other local companies signed Monday $129.44 million worth of contracts with Saudi Arabian Med City Pharma company to transfer drug manufacturing technology and production to the kingdom, ‘Ahram Online’ reports. Under the deal, GYPTO Pharma will also manufacture some of its drug brands in Med City’s factories in […]

WB supports Morocco’s efforts to improve public sector with $600 Mln funding

The World Bank has approved $600 million funding to Morocco to enable the North African Kingdom finance two projects destined to improve public service and performance. The first project, which gets a $350 million support, aims to improve the governance, restructuring, competitive neutrality, and performance monitoring of state-owned enterprises (SOEs). The 2nd project, entitled “Public […]

Rallye du Maroc: Giniel de Villiers clinches fourth victory

South African racing driver Giniel de Villiers won Wednesday a new victory at Rallye du Maroc, his fourth in the competition. The Toyota Gazoo Racing Hiluxes driver also won Ifrane round of the competition which also came to an end on Wednesday. Giniel de Villiers snatched the victory after Qatari driver Nasser Al Attiyah missed […]