Creed Healthcare subsidiary Care Healthcare is restructuring its 29% stake in Cleopatra Hospital Group (CHG) by transferring it to Dutch-listed investment fund RCare CV, CHG said a regulatory filing (pdf). RCare is owned by mid-market investment firm RMBV, which in turn is led by CHG chairman Ahmed Badreldin.

Fintech firm OPay has opened its first brick and mortar store in Egypt, in the fifth settlement’s Downtown mall.

Egyptian and Czech Egyptologists uncovered the largest cache of mummification tools of its kind in the cemetery of Abusir near Cairo.

Other things we’re keeping an eye on this morning:

• France’s Alstom is looking to bid on contracts for mass transit projects at the new administrative capital.
• The Tourism Ministry now requireshotels to increase their internet speed and use fiber optics. The ministry set tiered minimum speed requirements for hotels based on their star ratings.