Austria’s VAMED eyes Egypt’s medical tourism market

Global healthcare provider VAMED AG has expressed interest in investing in Egypt’s medical tourism sector in a meeting between officials from the Austrian company and Prime Minister Moustafa Madbouly that included the Health Minister Hala Zayed on Wednesday, according to a cabinet statement. Madbouly highlighted his government’s policy to develop the medical tourism sector, especially in Oyoun Moussa. The Middle East has become the fastest growing market for medical tourism due to high healthcare costs in the West, according to a MENA Research Partners (MPR) report we noted back in May.