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Spimaco in bid to buy Egypt drug firm (Reuters - 28/01/2010)

Saudi Pharmaceutical Industries and Medical Appliances Company (Spimaco) said on Wednesday it had made a bid to buy into an unidentified Egyptian peer, which would open a market three times bigger than its home turf. Spimaco made a "cash bid" to

Gulf Medical Projects Profit Triples to 96 Million Dirhams (Bloomberg - 21/01/2010)

Gulf Medical Projects Co. said full- year profit almost tripled to 96 million dirhams ($26 million) as it earned more income from hospitals and medical centers in the United Arab Emirates, according a statement to the Abu Dhabi bourse today.

Saudi Pharmaceutical Gains Most in 3 Months as Profit Rises 56% (Bloomberg - 13/01/2010)

Saudi Pharmaceutical Industries & Medical Appliance Corp. climbed the most in three months as fourth-quarter profit increased 56 percent. The shares added as much as 6.3 percent, the biggest intraday gain since Oct. 19, to 32.2 riyals. Saudi

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