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Alexandria Medical Center denies borrowing EGP50 mln

Alexandria Medical Center denies borrowing EGP50 mln
Alexandria New Medical Center denied reports on its negotiation with banks to borrow EGP 50 million to build a new hospital, saying that receiving a loan is still under consideration.

The company posted a slight rise in 2013 net profit by 2.6% to EGP 9,869,545, compared with EGP 9,610,991 a year earlier.