Egyptian Tycoon Dr. Hend El Sherbini El-Sherbini leads a large ramp-up strategy to unleash the growth prospects in Egypt’s radiology market. Accordingly, IDH inaugurated the sixth Al-Borg Scan branch in Cairo’s Maadi district. The new branch is the second Al-Borg Scan branch to be rolled out this year and the sixth branch in Greater Cairo.
Dr. Hend El Sherbini, IDH’s CEO, currently holds a significant 26.1-percent stake in the group. Under the leadership of El-Sherbini, IDH has grown into a major consumer healthcare group in the Middle East and Africa, with operations in Egypt, Jordan, Sudan, and Nigeria.
“Over the last 12 months, we have more than doubled the number of Al-Borg Scan branches and successfully widened our footprint to cover all of Greater Cairo,” she commented on the new branch opening.
“In parallel, we recently obtained accreditations for both the venture’s nuclear medicine and ultrasound units, making Al-Borg Scan the first radiology center in Africa, and one of the few radiology facilities in the Middle East, to boast this prestigious certification.”
IDH has invested close to EGP400 million ($20.3 million) in Al-Borg Scan since its debut in 2018, and the company has had great success ever since. In H1 2022, the value of revenue achieved by the group’s radiology venture recorded an annual surge of 78% to EGP35 million. The group offers more than 1,400 international-standard diagnostics tests, with a branch network of 483 labs across four countries, making it the largest diagnostics provider in Egypt.