Monday, 31 October 2022 IDH to Launch Greenfield Diagnostic Venture in Saudi Arabia

(Cairo and London) - Integrated Diagnostics Holdings ("IDH," "the Company" or "the Group"), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, announces the signing of a Joint Venture ("JV") Agreement with Al Makhbaryoun Al Arab LLC ("Biolab") and Izhoor Holding Medical Company LLC ("Izhoor") to launch a new diagnostic venture in Saudi Arabia. The new joint venture will be owned 50% by IDH Group (IDH and its Jordanian's subsidiary Biolab) and 50% by Izhoor, a company owned by Fawaz Alhokair, chairman of the renowned Saudi retail group, Fawaz Alhokair Group (together, "the partners").

Tap or click here to read the full announcement.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

IDH - Integrated Diagnostics Holdings plc published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 10:51:06 UTC.