A potential boost for medical tourism in Egypt: Maxim Investment Group will setup Egypt’s first medical and health resort — an EGP 1.5 bn project under the name Naya Wellness Resort — in the El SafInvestmentZone in Giza governorate, according to an agreement inked between the group, the General Authority for Investment and Free Zones (GAFI), and the authority’s Misr Investment for Development.

In detail: Maxim will develop, manage, and operate the 40-feddan resort, which is set to providesome 4.5k job opportunities when fully operational. Naya Wellness will house the typical medical facilities — medical clinics, laboratories, and cosmetic clinics — as well as hotels, restaurants, and spaces for hosting events and workshops.

What they said: “The project is the first of its kind in Egypt … [well-positioned to be] a globaldestination for medical tourism, ensuring a sustainable influx of foreign currency," Maxim Chairman Mohamed Karrar said.