Back to the complete issue
Wednesday, 16 November 2016

Last Night’s Talk Shows: Adib the king of fundraisers, Pharma sector gets FX

Amr Adib is intent on proving himself the king of fundraisers. His call to donate to the Abou El Rish Children’s Hospital, which is plagued by med shortages, has already raked in pledges from big name businesses including Pioneers Holding, Domty and rival TV networks CBC and Al Nahar. The Housing Ministry has also said it would donate land to the hospital. Adib said his campaign collected pledges of EGP 3 mn in its first day (watch; running time: 0:37). Adib interviewed the dean of Qasr Al Ainy School of Medicine to speak about the healthcare sector (watch; running time: 05:34).

Sticking with healthcare were Mehwar TV’s Sabahak Ma’ana and MBC Masr’s Yaduth fi Masr, zeroing in on the pharma industry and its med shortages. The latter had Health Minister Ahmed Rady over for an interview in which he announced that the state had allocated USD 186 mn this year to import 146 meds. The minister, however, maintained his position on the need to cap retail prices of meds in Egypt. Rady stuck to his guns throughout a nine-hour meeting with pharma manufacturers and pharmacy owners, according to Ahmed El Ezaby, head of the Pharma Division of the Federation of Egyptian Industries, who called in to Sabahak Ma’ana (watch: runtime: 12:30). While the meeting failed to reach an agreement on pricing, manufacturers agreed to give retailers a 5% margin under directive 499.

Lamees Al Hadidy spent the whole episode at the opening ceremony of the 38th Cairo International Film Festival along with Khairy Ramadan, where they both interviewed a number of Egyptian and regional actors (watch,runtime: 17:29). Ahmed Helmy won the Faten Hamama Award for Excellence 2016.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.