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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, […]
After UAE, Saudi Arabia & Turkey pledge to donate Covid-19 vaccine doses to Tunisia
Tunisia is set to receive over one million Covid-19 vaccine doses to ramp up the vaccination campaign following pledges by Saudi Arabia and Turkey, one day after the UAE pledged half a million doses. The kingdom of Saudi Arabia made the pledge through its envoy to the North African country, Abdelaziz Ben Ali Sakr who […]
Gotion Power Morocco’s gigafactory to start production in 2026
Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]



