Humania (Bait Al Batterjee) will expand its hospital network in Morocco and Egypt with the help of $99 million from the IFC
The Islamic financing arranged by the IFC (the World Bank) should cover more than a quarter of the investments sought by the group that operates Saudi German Hospitals.
28/02/2020 at 15h48, by Africa Business+
Humania, the Dubaite subsidiary of the Saudi group Bait Al Batterjee Medical Company Limited (BAB), was granted funds worth $98.75 million (€89.8 million) last week. It was arranged by the International Finance Corporation (IFC), a sister organisation of the World Bank, for the construction of hospitals in Egypt and Morocco, at a cost of some $360 million (€327.3 million).
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