Ibn Sina Pharma Company (S.A.E) (CASE:ISPH) acquired El Shorouk Hospital for EGP 430 million on May 22, 2022. The acquisition was concluded for a consideration of EGP 200 million cash and the rest debt settlement. Further renovations and equipment will be added to be ready for operations by end of 2022.

Ibn Sina Pharma Company (S.A.E) (CASE:ISPH) completed the acquisition of El Shorouk Hospital on May 22, 2022.