عربــى

EGX 30 14,189.31 -0.35%



Cleopatra to sign establish new firm for Beni Suef teaching hospital

Cleopatra to sign establish new firm for Beni Suef teaching hospital

ArabFinance: Cleopatra Hospital Group S.A.E. (CLHO) announced in a statement sent to EGX, the Board of Directors was held on February 07.

The board ratified signing a partnership agreement with Al Nahdha Company to establish a new firm to administrate and operate Beni Suef teaching hospital that encompasses 160 beds over an area of 3,000 sqm in Bani Suef Governorate.

Moreover, the board approved loan facility worth EGP 125 million submitted form Commercial International Bank (COMI) (CIB), with significant terms compared to current financing prices that allow Cleopatra's companies leverage the facility for one year and a half without enduring additional expenses. 

The loan facility has come in resulting from Cleopatra expansion plan and hospitals rehabilitation program and its renovation to serve a better health care for its patients.  

All rights reserved to Arab Finance 2015 ©

Back to top