Businessman Mohamed Abou El Enein revealed that Cleopatra Holding Group intends to invest in the pharmaceutical sector in the coming period.
In statements to Economy Plus, the founder of Cleopatra Holding Group explained that the group will announce a new investment in the pharmaceutical sector soon, as the final details of this investment are currently being worked out.
"The move to list Cleopatra Holding Group on the Egyptian Stock Exchange is unlikely at the current time, as we still have some time before taking such a step," Abou El Enein clarified in response to a question about the group's intention to offer its shares on the stock exchange.
Cleopatra Holding Group was founded in 1982 by businessman Mohamed Abou El Enein and encompasses more than 13 subsidiaries in various sectors, including ceramics, cement, media, real estate development, tourism, hotels, agriculture, and food manufacturing.
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