Biolab, IDH’s Jordanian subsidiary, selected as preferred bidder to operate testing stations in Amman’s Queen Alia International Airport

(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 that Biolab, IDH’s Jordanian subsidiary, has been selected as the preferred bidder by Airport International Group, the operator of Amman’s Queen Alia International Airport (QAIA), to operate testing stations in QAIA’s departure and arrival areas primarily dedicated to PCR testing for Covid-19.

The main focus of the testing stations will be to offer PCR testing for Covid-19 to passengers arriving in Jordan, as well as additional diagnostic tests to patients including rapid PCR testing for Covid-19 for departing passengers and other, more generic diagnostic tests. The agreement came into effect on 1 August 2021.

Commenting on the partnership, Dr. Amid Abdelnour, Biolab’s founder and CEO, said: “We are proud to have been selected as the preferred bidder by Airport International Group which will enable Biolab to continue playing a frontline role in the country’s fight against the pandemic. In parallel, this will allow us to expand our patient base and reach across new segments of the population in turn driving further growth across our operations. This is also a testament to the strong reputation for high quality and affordability offered by Biolab, which in the past two decades has grown to become a household name in Jordan’s diagnostics industry.”

Nicolas Claude, CEO of Airport International Group, commented: “We are pleased to be partnering with Biolab, which is a reputable Jordanian diagnostic tests provider. As the aviation industry works to recover from the severe repercussions of the Covid-19 pandemic, presenting passengers with access to reliable, internationally accredited PCR testing for the coronavirus is vital. By providing testing stations at both Arrivals and Departures, we are actively prioritising the health and safety of our passengers and employees, whilst maintaining a positive travel experience and bolstering traffic via Queen Alia International Airport.”

IDH CEO Dr. Hend El Sherbini, added: “I am delighted with Biolab’s ability to secure this landmark partnership, which is only the latest in a series of agreements signed by IDH over the last twelve months to offer Covid-19-related tests to travellers. This is a necessary aspect to safeguard the health of passengers and crew members while supporting a return to regular international travel across the region. Looking ahead, our main priority across both Egypt and Jordan remains helping local authorities combat the spread of Covid-19, and in the coming months we will look for new opportunities to offer our Covid-19-related services to a growing number of patients across both countries.”

Established in 2001 by Dr. Amid Abdelnour and acquired by IDH in 2011, Biolab currently operates 20 branches across the country offering a complete range of laboratory and diagnostic services to more than half a million patients each year. Since the start of the Covid-19 pandemic, Biolab has performed more than 600 thousand PCR and Antibody tests, playing an important role in combatting the spread of the virus in Jordan. In 2020, the Group’s Jordanian operations were the second largest contributor to IDH’s consolidated revenue with a share of 15.4% up from the 11.5% contribution made in 2019. Queen Alia International Airport is Jordan’s main and largest airport, and in just the first six months of 2021 it welcomed over 1.2 million passengers.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(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, is pleased to announce that Group CEO, Dr. Hend El-Sherbini, will be one of six panelist in a virtual webinar hosted by IFC to discuss quality and patient safety as an essential ingredient of growth and achieving a leading position in healthcare. The panelists will also share their perspectives on the critical role of senior leaders in any transition to a culture of quality. The webinar will take place on Tuesday, 15 June 2021, from 1:00 to 3:00 pm Cairo Time. Translation to Arabic will be available during the event.

Kindly use this link to register for the webinar.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London and Cairo) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its unaudited highlights of its financial and operational performance in the first three months of 2021, reporting revenues of EGP 1,130 million, up 126% year-on-year, and a net profit of EGP 339 million, up 230% year-on-year in 1Q 2021.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(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 that it has secured a USD 45 million debt financing package from the International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets.

The eight-year loan will be used to finance IDH’s growth plans across new and existing markets and help expand access to high-quality diagnostic services in high growth emerging markets, in addition to its current presence in Egypt, Jordan, Nigeria and Sudan. More specifically, the Company is seeking value-accretive acquisition opportunities in African, Middle Eastern, and South Asian markets where its business model is well-suited to capitalise on healthcare and consumer trends similar to those prevailing in its existing markets. Additionally, the financing package will also be utilized in expanding IDH’s medical services and test portfolio, with a particular focus on testing for Covid-19 in Egypt and Jordan as both countries continue to battle the Covid-19 pandemic, while growing IDH’s branch network to improve accessibility and reach.

Commenting on the loan agreement, IDH CEO Dr. Hend El Sherbini, said: “We are very excited to be partnering up with the IFC on this new debt financing agreement, which allows IDH to deliver on its strategic objective of expanding access to high quality, affordable healthcare and diagnostic services in new and existing markets, while also delivering on the IFC’s goal of promoting economically, socially, and environmentally sustainable private investment. This new agreement further strengthens our existing long-term strategic cooperation that began with our co-investment in Nigeria, where we have jointly deployed millions of dollars to bring best-in-class medical diagnostic practices and technology to Africa’s most populous country. Through this new debt financing agreement, we are once again reinforcing our commitment to the healthcare sector across emerging markets, delivering on our shared strategy and aligned ESG goals to provide communities with the tools they need to better their lives.”

“The USD 45 million debt financing package will allow IDH to expand healthcare accessibility by growing its regional footprint through potential acquisitions, as well as expanding our current medical service offering, geographical reach, and digital offering to ensure that we provide access to as many patients as possible. In parallel, we continue to invest in further diversifying our test portfolio and in training our employees so that we can deliver the best quality test packages to our clients. We take pride in our partnership with a prestigious institution like the IFC and look forward to leveraging its financing muscle along with our on-the-ground capabilities to meet the strong demand for healthcare services in our region,” El-Sherbini added.

 Sérgio Pimenta, IFC Vice President, Middle East and Africa, said: “In these challenging times, it is crucial to support a strong private sector health organization like IDH. Helping the company expand and diversify will mean more quality diagnostic services and better health outcomes for patients in Egypt and other countries. It is also encouraging to see IDH playing a leading role in Covid-19 testing in Egypt and Jordan and expanding in-home testing services to cater to patients during lockdowns.”

With support from IFC, IDH is also aiming to become the first healthcare provider in the Middle East and Africa to obtain IFC’s EDGE Gender Equality Certification by creating optimal workplaces for women and men. IDH is already a founding signatory to IFC’s Ethical Principles in Healthcare, which promote ethical practices across the international private healthcare delivery system.

IFC’s financing package is part of its strategy to help private health providers in the Middle East, Africa and South Asia meet the soaring demand for health care and support governments in their goal of reaching Universal Health Coverage.

Renaissance Capital is advising the Company in connection to the financing. Clifford Chance (as to English and US law), and Nour & Partners in Association with Al Tamimi & Company (as to Egyptian law) are acting as legal counsel to the Company.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, announces that its EGP-denominated and dual-listed ordinary shares begin trading today on the Egyptian Exchange (“EGX”) under the ticker code IDHC.CA and ISIN code EGS99021C015, complementary to its trading on the London Stock Exchange (“LSE”).

Trading begins today after the Company has satisfied all regulatory approvals for its technical listing on the EGX without any concurrent offering of new shares by the Company, the first of its kind on the EGX, and meets the regulatory requirements of the EGX listing and delisting rules, including a 5% minimum free float (equivalent to 30,000,000 shares) on the exchange. The technical listing allows Egypt-based investors, who are sometimes unable to access shares traded on the LSE, an opportunity to trade on IDH’s shares and capitalise on the Company’s strong growth prospects in the fast-growing Egyptian healthcare sector. The listing of the EGP-denominated shares is complementary to the Company’s USD-denominated shares that are currently listed and traded on the LSE.

Commenting on the commencement of trading on the EGX, IDH CEO Dr. Hend El Sherbini, said: “Today marks a truly exciting day for IDH as we successfully met our goal of offering IDH’s unique value proposition to the widest investor base possible. With our shares now dual-listed on the both the LSE and the EGX and tradeable in a fully fungible manner, IDH has gained access to a larger pool of geographically diversified investors, and we look forward to increased participation from local retail and institutional investors as well as global emerging markets specialists who regularly invest through the EGX. As a leader in the Egyptian and regional healthcare diagnostics business, IDH offers investors an attractive opportunity to capitalise on fast-growing, underserved healthcare markets through an organization with a well-suited business model and clearly defined growth strategies.”

The Financial Regulatory Authority (FRA) commented: “We are very pleased that IDH has decided to list its ordinary shares in its home market of Egypt, furthering our goal of expanding the nation’s investment universe and offering investors exposure to a wider breadth of industries. On the other hand, the dual listing positions IDH as the sole dual-listed Egyptian healthcare company on both the Egyptian Exchange and the London Stock Exchange, setting a new benchmark for both local and foreign companies aspiring to go public, while also tapping into a larger and more geographically diversified pool of global investors.”

Dr. Mohamed Farid, Chairman of the Egyptian Exchange, added: “We are delighted to welcome IDH to the Egyptian Exchange, the second company to debut on the Egyptian bourse this year, and the first ever to do so through a technical listing of this kind. With a market capitalization of over USD 650 million (EGP 10 billion) we are confident the Group will add significant value to the Egyptian Exchange and strengthen our position as a key entry point for MENA equity and debt capital markets. With multiple other listings still in the pipeline for the remainder of the year, 2021 is shaping up to be an incredibly exciting year for the EGX and more generally for Egyptian businesses as a whole.”

EFG Hermes and Renaissance Capital are advising the Company in connection with the dual listing. Clifford Chance (as to English and US law), White & Case (as to Egyptian law) and Ogier (as to Jersey law) are acting as legal counsel to the Company.

Amr Helal, North Africa CEO at Renaissance Capital said: “We are delighted to have advised IDH on this important transaction and a key milestone as the first LSE listed company to be dual-listed on the EGX. IDH’s inclusion to the EGX’s roster of publicly-traded healthcare companies adds an important heavy weight to the market, expands the investment universe for emerging markets specialists who regularly invest through the EGX, and facilitates participation by local institutional, retail and regional investors who are looking for exposure to high-quality and high-growth corporates and opportunities.”

Mostafa Gad, Co-Head of Investment Banking at EFG Hermes added: “IDH’s dual listing will help improve liquidity and drive volumes in the Company’s shares while simultaneously increase its visibility in Egypt where the Company generates the majority of its revenue and earnings. EFG Hermes is particularly excited to have advised on the technical listing which does not involve any sale of shares and is the first of its kind on the EGX. The technical listing offers an efficient path to achieving the Company’s long-held goal of a dual listing, and follows a successful roadshow that garnered strong interest from local investors looking to capitalize on IDH’s growth story. At the same time, the technical listing rewards IDH with all the benefits of trading across two exchanges in a fully fungible manner.”

The dual listing boasts a fungible structure between the LSE and the EGX whereby shares are easily transferred between the two exchanges through a set share transfer mechanism. Full details of the mechanism are available at IDH’s website.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its results for the year ended 31 December 2020, reporting revenues of EGP 2,656 million and a net profit of EGP 609 million for the year.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, announces that it has received approval from the Egyptian Exchange (“the EGX”) listing committee for the dual listing of the Company’s ordinary shares on the EGX’s main market under the EGX ticker code IDHC.CA and ISIN code EGS99021C015.

With the EGX’s approval, IDH has now completed the regulatory requirements necessary for the Company’s listing on the EGX. Further, the Company will obtain approval from the Egyptian Financial Regulatory Authority (“FRA”) to proceed with publication of the local disclosure form in connection with the listing and trading on the EGX, as required prior to commencement of trading on the EGX. Further details to follow upon the receipt of the final FRA approval.

The technical listing is without any concurrent offering of new shares by the Company, the first of its kind on the EGX, and meets the regulatory requirements of the EGX listing and delisting rules, including a 5% minimum free float (equivalent to 30,000,000 shares) on the exchange. The EGX-listed shares will be denominated in Egyptian Pounds (“EGP”). The listing is complementary to the Company’s USD-denominated shares that are currently listed and traded on the LSE.

EFG Hermes and Renaissance Capital are advising the Company in connection with the dual listing. Clifford Chance (as to English and US law), Ogier (as to Jersey law) and White & Case (as to Egyptian law) are acting as legal counsel to the Company.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, announces that it has received approval from the Egyptian Financial Regulatory Authority (“the FRA”) to proceed with a dual listing of the Company’s ordinary shares on the Egyptian Exchange (“the EGX”), which IDH believes will be complementary to its current listing on the London Stock Exchange (“the LSE”).

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today a trading update for the year ended 31 December 2020 based on its unaudited financial results.

Tap or click here to read the announcement

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that it is contemplating a possible dual listing of the Company’s ordinary shares on the Egyptian Exchange (“the EGX”).

Tap or click here to read the announcement on RNS or here to read the full announcement in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its results for the year ended 31 December 2019, reporting revenues of EGP 2,226 million and a net profit of EGP 505 million for the year.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its results for the year ended 31 December 2019, reporting revenues of EGP 2,226 million and a net profit of EGP 505 million for the year.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its results for the year ended 31 December 2019, reporting revenues of EGP 2,226 million and a net profit of EGP 505 million for the year.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) – As the novel coronavirus that causes the covid-19 illness continues to spread across the globe, Integrated Diagnostics Holdings (IDH) is closely monitoring the situation in our markets. We have begun implementing measures we believe are necessary to guarantee the safety of our people, of our patients, and of the communities in which we operate. IDH’s response to the spread of covid-19 is focused on two fronts: Staff and patient safety and crisis management and business continuity.

Click here to read the full release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) – Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), IDHC on the London Stock Exchange, a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announces the launch of its new Egypt-based subsidiary “Wayak” to invest in data mining and artificial intelligence platforms. Wayak will leverage the Group’s patient database to capture new growth opportunities in the healthcare management space and offer targeted services to its customers.

With a database covering more than 13 million patients, of which c.10% suffer from chronic diseases, Wayak will allow IDH to build electronic medical records of patients and better cater to their needs with new value propositions. These include building patient healthcare profiles, home-delivery of medications, diagnostics testing reminders, referrals to service providers under IDH’s network with discounted prices as well as follow-up services, amongst others.

Wayak is a joint venture that is 94% owned by IDH and 6% owned by renowned data analytics scientist and angel investor Dr. Khaled Ismail through his angel investment fund HIMangel. Dr. Ismail will serve as the managing partner, acting as CEO for the first three years of Wayak’s operations. He previously served as the managing director of Intel Mobile Communications and was a senior advisor to the Egyptian Minister of Communications. Dr. Ismail holds a Ph.D. in electrical engineering from the Massachusetts Institute of Technology (MIT).

Commenting on the Joint Venture, Dr. Hend El Sherbini, Chief Executive Officer of IDH, said “Wayak falls directly in line with our strategy to diversify the Group’s services and capture growth opportunities in an underserved market with strong demand for quality healthcare services. Our unique position with a vast database of some 13 million patients and a nationwide presence through our 420+ branch network will allow us to create our own clinical profiles and leverage data analytics to build targeted services. The new venture will extract favourable synergies from IDH’s current business, and we expect the new services to drive additional pathology and radiology testing and create a new growing revenue base for IDH while enhancing overall patient experience.”

“We are also particularly pleased to be partnering up with Dr. Ismail who brings a wealth of executive and field experience in data analytics along with a track record of start-up successes. We look forward to working with him to help Wayak capture this incredible market opportunity and contribute to the improvement of Egypt’s healthcare system,” El Sherbini added.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announces today its results for the six-month period ended 30 June 2019, reporting a 23% year-on-year increase in revenues to EGP 1,061 million

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announces its results for the year ended 31 December 2018, reporting a net profit of EGP 497 million on total revenues of EGP 1,921 million.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) – Integrated Diagnostics Holdings (“IDH” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announced today that it has appointed J.P. Morgan Cazenove as Corporate Broker.

-Ends-

 

About Integrated Diagnostics Holdings
IDH is a leading consumer healthcare company in the Middle East and Africa with operations in Egypt, Jordan, Sudan and Nigeria. The Group’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan) and Echo-Scan (Nigeria). A long track record for quality and safety has earned the Company a trusted reputation, as well as internationally recognised accreditations for its portfolio of over 1,400 diagnostics tests. From its base of 405 branches as of 30 June 2018, IDH will continue to add laboratories through a Hub, Spoke and Spike business model that provides a scalable platform for efficient expansion. Beyond organic growth, the Group’s expansion plans include acquisitions in new Middle Eastern and African markets where its model is well-suited to capitalise on similar healthcare and consumer trends and capture a significant share of fragmented markets. IDH has been a Jersey-registered entity with a Standard Listing on the Main Market of the London Stock Exchange (ticker: IDHC) since May 2015.

IDH’s forward-looking strategy rests on leveraging its established business model to achieve four key strategic goals, namely: (1) continue to expand customer reach; (2) increase the number of tests per patient; (3) expand into new geographic markets through selective, value-accretive acquisitions; and (4) introduce new medical services by leveraging the Group’s network and reputable brand position. Learn more at idhcorp.com.

 

Contacts
IDH +20 (0)2 3345 5530

Sherif El-Ghamrawi,
Investor Relations Director
+20 (0)10 0447 8699
sherif.elghamrawi@idhcorp.com

Hudson Sandler (International Media Relations)
+44 (0) 207 796 4133

Dan de Belder
Bertie Berger
idh@hudsonsandler.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) – Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), IDHC on the London Stock Exchange, a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, will publish its results for the year ended 31 December 2018 on Thursday 21 March 2019 at 7 am GMT.

An analyst and investor presentation will be hosted at the offices of Hudson Sandler, 25 Charterhouse Square, EC1M 6AE at 2 pm GMT on Thursday 21 March 2019. A live audio webcast will be available on the Group’s website at www.idhcorp.com.

Please email idh@hudsonsandler.com if you would like to attend the presentation.

Contact

IDH +20 (0)2 3345 5530

Sherif El-Ghamrawi,
Investor Relations Director
+20 (0)10 0447 8699
sherif.elghamrawi@idhcorp.com

Hudson Sandler (International Media Relations)
+44 (0) 207 796 4133

Dan de Belder
Bertie Berger
idh@hudsonsandler.com

 

About Integrated Diagnostics Holdings
IDH is a leading consumer healthcare company in the Middle East and Africa with operations in Egypt, Jordan, Sudan and Nigeria. The Group’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan) and Echo-Scan (Nigeria). A long track record for quality and safety has earned the Company a trusted reputation, as well as internationally recognised accreditations for its portfolio of over 1,400 diagnostics tests. From its base of 405 branches as of 30 June 2018, IDH will continue to add laboratories through a Hub, Spoke and Spike business model that provides a scalable platform for efficient expansion. Beyond organic growth, the Group’s expansion plans include acquisitions in new Middle Eastern and African markets where its model is well-suited to capitalise on similar healthcare and consumer trends and capture a significant share of fragmented markets. IDH has been a Jersey-registered entity with a Standard Listing on the Main Market of the London Stock Exchange (ticker: IDHC) since May 2015.

IDH’s forward-looking strategy rests on leveraging its established business model to achieve four key strategic goals, namely: (1) continue to expand customer reach; (2) increase the number of tests per patient; (3) expand into new geographic markets through selective, value-accretive acquisitions; and (4) introduce new medical services by leveraging the Group’s network and reputable brand position. Learn more at idhcorp.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

The facility will be the largest of its kind in Georgia and the region with enough capacity to deliver high quality clinical and pathology tests to the country’s entire population

(Cairo and London) – Integrated Diagnostics Holdings (“IDH” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announced today that its Jordan-based subsidiary Biolab has entered into an agreement with Georgia Healthcare Group PLC (GHG) to establish a Mega Laboratory (Mega Lab) in the Georgian capital of Tbilisi.

Under the agreement, Biolab will provide GHG with (1) training and management services including the implementation of Biolab’s technological platforms and laboratory information management systems (LIMS) and (2) consultancy and support to achieve Joint Commission International Accreditation (JCI) for the Mega Lab within two years from the expected launch date.

Biolab will retain up to 10% equity ownership in the Mega Lab and will receive a fixed annual management fee and a share of annualized profits to cover costs and expenses, in addition to an annual service fee.

The 7,500 square meter, multi-disciplinary Mega Lab will be the largest of its kind in Georgia and the Caucasus region and will be equipped with state-of-the-art technology covering the full suite of clinical and pathology tests. The Mega Lab will initially serve GHG’s network of over 37 hospitals and 16 district polyclinics utilizing one-third of the facility’s capacity, with plans to develop a B2B network of healthcare providers outside the Group to reach full utilization.

Commenting on the agreement, IDH’s Chief Executive Officer Dr. Hend El Sherbini said:

“We are truly excited to be partnering up with Georgia’s leading healthcare group and help usher in a new level of service offering to the Georgian population as well as unlock Group-wide operational efficiencies for GHG. IDH’s decades-long experience and our position as the operators of the sole JCI-accredited Mega Labs in Egypt and Jordan allow us to provide the necessary know-how, technical training and systems to help this venture succeed. I wish to thank the team at GHG for placing their confidence in us, and I look forward to our Groups’ continuous collaboration and support.”

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

Integrated Diagnostics Holdings, a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, recently launched the rebranding of Echo-Lab, its radiology and laboratory service in Nigeria.
IDH aims to transform Echo-Lab into Nigeria’s market leading medical diagnostics brand. The Company also aims to provide accessible and good quality diagnostics services to patients and doctors in Nigeria and to build a world-class integrated diagnostics business and vastly enhance Nigeria’s healthcare offering.

Senior management at IDH were joined at the launch event by suppliers, doctors and corporate clients to hear about IDH’s plans for Echo-Lab and how they will directly impact the lives of patients.
The Nigerian healthcare market, which is driven by increasing urbanisation and evolution of disease patterns, is growing rapidly and there is significant existing demand to deliver additional value to customers.
On 1 December 2017 IDH and Man Capital LLP acquired a majority stake in Echo-Scan, in partnership with the International Finance Corporation (“IFC”). Over the coming year, Echo-Lab will refurbish and upgrade existing locations as well as significantly augment its number of branches. The Group will call on IDH’s more than four decades of experience in Africa’s medical diagnostics industry and Man Capital’s decades-long presence in West Africa to drive expansion, hiring, and institutionalisation at Echo-Lab.

Omar Bedewy, Chief Financial Officer for IDH, commented: “Our acquisition of Echo-Lab marks a significant milestone in IDH’s journey to become the go-to healthcare company in Africa and the Middle East. Nigeria, being Africa’s most populous country with approximately 196 million inhabitants and with a reputation for producing world-class doctors, represents enormous growth potential for the Company. Our aim is to create synergies for consumers, building on the strong relationships our customers have with our brands as well as the physicians who trust us to be part of their diagnostic and treatment plans.”

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

A strategic expansion that is set to transform IDH’s Egyptian operation into a one-stop-shop diagnostics service provider; the investment is planned to have limited impact on cashflows

Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, is set to launch a radiology business in Egypt.

IDH is building a national brand in Egypt with a service offering highly complementary to its existing pathology-focused medical diagnostics services

“Our expansion into a high-value, adjacent segment of our industry is a milestone in the development of IDH on par with the expansion into Africa that now sees operations in three countries outside Egypt contributing double-digit percentages to our top line,” said Dr. Hend El Sherbini, Chief Executive Officer of IDH.

“Our market in Egypt is growing in the double digits, and so is our top line. Today, more than 75% of customers surveyed by a third-party research provider indicate a preference for consolidated service offerings that feature both pathology and radiology — and there is significant existing demand for us to capture. Our expectation is that our pathology business will deliver new patients to our radiology business and that, in the fullness of time, having both services under one roof will also drive growth in our pathology test volumes.”

“Importantly, our expansion into the fragmented radiology market will be powered by the strong relationships between our brands and our millions of customers as well as the physicians who trust us to be part of their diagnostic and treatment plans,” El Sherbini noted.

Al Borg Scan will offer a full range of radiology services, including but not limited to magnetic resonance imaging (MRI), computed tomography (CT), ultrasound, x-ray, mammograms and cath lab facilities. It will draw on Al Borg’s brand equity to position itself as a premium service provider offering the full range of imaging services using the latest technology and highly trained staff. Medical equipment suppliers for the new venture are global brand names including Siemens, Hitachi, GE Healthcare, and Fujifilm. The company will emphasize convenience with the rollout of its mobile app and website and reinforce its high-end brand positioning with a premium facility and atmosphere at each of its branches. The business will be led by a group of the nation’s most prominent radiologists with a track record at Egypt’s leading hospitals and radiology centers.

Up to 70% of the cost of the expansion into radiology is now in place through an EGP 130.5 million, eight-year facility from the Ahli United Bank of Egypt. The facility is ring-fenced to Al Borg with no guarantees from, or recourse on, IDH or any of its other subsidiaries. The balance of the investment is planned to be financed from the operating cashflows of Al Borg.

IDH delivered 29% top-line growth in the first quarter of 2018, performing 6.6 million tests (+8% compared to 1Q2017) for 1.7 million patients (+13% year-on-year), underscoring the health of its core business as Egypt recovers from a period of devaluation and high inflation. Nigeria is the company’s newest expansion market, making its first contribution to the Group’s consolidated revenues in 1Q2018. IDH is expected to announce 1H2018 results on 16 August 2018.

 

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

Integrated Diagnostics Holdings and Man Capital partner with the International Finance Corporation to invest in Nigerias Echo-Scan  

  • Dynasty Group Holdings is a joint venture between Integrated Diagnostics Holdings and Man Capital LLP
  • Dynasty and the International Finance Corporation (“IFC”) have committed to invest significant capital in the business over the next four years
  • The strategy is to build a world-class integrated diagnostics business and vastly enhance Nigeria’s healthcare offering

 

Cairo, Egypt, 1 December 2017

Integrated Diagnostics Holdings (“IDH”), IDHC on the London Stock Exchange, the largest fully integrated private-sector provider of medical diagnostics services in Egypt, Jordan and Sudan, and Man Capital LLP (“Man Capital”), the investment arm of the Mansour Group, announced today their first investment in Nigeria’s promising healthcare industry.

The investment will see Dynasty Group (“Dynasty”), a joint venture that is 51% owned by IDH, partner with the International Finance Corporation (“IFC”), a member of the World Bank Group, to invest in Eagle Eye Echo-Scan Services Limited (“Echo-Scan”), a leading medical diagnostics business based in Nigeria.

The transaction will see Dynasty acquire a majority stake in Echo-Scan and assume management control of the company, while both Dynasty and the IFC will invest USD 25 million to expand Echo-Scan’s nationwide service offering, footprint, and quality standards. Over the coming year, Echo-Scan will refurbish and upgrade existing locations as well as significantly augment its number of branches.

Echo-Scan’s growing network of medical diagnostic laboratories is currently spread across 12 locations in six states. The investment from Dynasty and the IFC will help bring best-in-class medical diagnostic practices and technology to Nigeria, ensuring Echo-Scan delivers global-standard pathology and radiology services across Nigeria.

Dynasty will help service the significant demand for healthcare equipment and services in Nigeria, which is driven by increasing urbanisation and evolution of disease patterns in Africa’s most populous country. The Group will call on IDH’s more than four decades of experience in Africa’s medical diagnostics industry as well as Man Capital’s resources and the network of the wider Mansour Group, with its decades-long presence in West Africa, to drive expansion, hiring and institutionalisation at Echo-Scan.

Dynasty’s strategy is to build a leading diagnostics platform across the Middle East and Africa.

Dr. Hend El Sherbini, Chief Executive Officer of Integrated Diagnostics, said: “We are exceptionally pleased to be adding Nigeria, the continent’s largest and most populous country, to our platform as our fourth country of operations. I can think of no better partner with whom to do this than Man Capital, which matches our more than four decades of operating experience in the industry with similarly long experience working on the ground in West Africa. Nigeria’s healthcare industry shares multiple similarities with Egypt’s in the 1980s and 1990s in terms of structure, pace of development and the emerging disease profile of patients. This is an environment in which we know how to operate: We have done it before in Egypt, Sudan and Jordan. Dynasty’s goal is to transform Echo-Scan into Nigeria’s market leader by establishing and growing a brand that will be equally attractive to walk-in patients, to insurers and to corporate clients.”

IDH operates 377 branches across Egypt, Sudan and Jordan and served 4.7 million patients in the first nine months of 2017 with a comprehensive range of medical diagnostic services. The company serves both individual “walk-in” patients and patients on corporate and insurance contracts.

Mohamed Mansour, Founder and Chairman of Man Capital LLP, said: “Whilst Nigeria’s healthcare industry has been on our radar for a long time, this deal represents our first foray into healthcare. With its decades of industry experience, IDH is the ideal partner with whom to capture this very compelling opportunity. Echo-Scan has a stellar reputation and will significantly benefit from Dynasty’s world class expertise. For anyone ready to take a long-term investment view, the opportunity for growth and economies of scale are clear: With thousands of small clinics, hospitals, and diagnostic centres spread across 36 states, Nigeria’s healthcare market is extremely fragmented and poorly provided for. We are incredibly excited about working with our partners to create a leading integrated diagnostics platform both in Nigeria and, more broadly, across the Middle East and Africa.”

The Mansour Group and Man Capital have a significant presence in a dozen Sub-Saharan African countries, employing thousands of personnel and operating across multiple industries. The Group has maintained operations and investments in Nigeria for more than two decades and employs close to 1,000 people. Its investments span multiple industries across the entire country, including the heavy machinery, power, mining, oil and gas, tobacco, telecoms infrastructure, real estate and logistics sectors.

Eme Essien Lore, IFC Country Manager for Nigeria, commented: “The IFC has always been a supporter of expanding healthcare services delivery in markets where it operates. Today, we are extending our partnership with Echo-Scan and Dynasty Group and allowing for increased access to diagnostic services across Nigeria. The transaction not only reinforces the IFC’s commitment to the healthcare sector, but also enables the transfer of international knowhow and foreign direct investment into Nigeria.”

Dynasty Group was advised on the transaction by Stanbic Nigeria, UUBO Nigeria, KPMG Nigeria and Hogan Lovells.

 

—ENDS—

 

 

Media enquiries

Man Capital LLP

Kenzie Falcoz, kfalcoz@mancapllp.com

 

Maitland         +44 (0)20 7379 5151

James McFarlane, jmcfarlane@maitland.co.uk

Jais Mehaji, jmehaji@maitland.co.uk

 

About Integrated Diagnostics Holdings

IDH is the largest fully integrated private-sector medical diagnostics services provider in Egypt, Jordan and Sudan, comprehensively offering pathology and molecular diagnostics, genetics testing and basic radiology. IDH’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan). IDH is listed on the London Stock Exchange (ticker: IDHC) and was founded in 2012 by the merger of Al Borg and Al Mokhtabar, the most established diagnostics services brands in Egypt.

 

About Man Capital LLP

Man Capital is the Mansour Group’s investment arm and is headquartered in London. The Mansour Group is present in more than 100 countries, employs 60,000 people and has an annual turnover of more than US$ 6 billion.

 

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org.

 

About Echo-Scan Limited

Echo-Scan is a network of medical diagnostic laboratories, providing radiology and pathology services, through more than a dozen branches distributed across Nigeria. Echo Scan has service locations in Kaduna, Abuja, Karu, Lagos, Asaba, Benin and Mararaba.

 

 

 

In the News

  • Wednesday, 10 February 2021 - News

    Dr. Hend El Sherbini features on The Middle East’s Power Businesswoman 2021 List

    IDH CEO Dr. Hend El Sherbini ranked 25th on Forbes's Middle East’s Power Businesswomen 2021 list. Read the full article HERE.

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email