{"id":557457,"date":"2021-09-20T04:00:56","date_gmt":"2021-09-20T04:00:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/"},"modified":"2021-09-20T04:00:56","modified_gmt":"2021-09-20T04:00:56","slug":"alameda-to-double-investments-in-egypt-over-the-next-5-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/","title":{"rendered":"Alameda to double investments in Egypt over the next 5 years"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Alameda to double Egypt investments in the next 5 years: <\/strong>Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5 years to expand its services in Egypt, it announced in <a href=\"https:\/\/ent.news\/2021\/9\/Alameda-Expansion-Press-Conference-PRL-En-Final.pdf\">a statement (pdf)<\/a><sup><\/sup> yesterday. The company will invest the funds into facilities in the new administrative capital, Al Alamein City, Alexandria, Mansoura, and Assiut, bringing its total investments in Egypt to EGP 10 bn, Chairman Fahad Khater said at a press conference.<\/p>\n<p><strong>Additional expansion plans<\/strong> include the increase of Al Salam International Hospital\u2019s bed capacity by 100 beds, as well as the inauguration of a new branch of Al Salam International Hospital in New Cairo, with a capacity of 150 beds, which should launch in the coming weeks. The group also plans to launch a nursing academy to enhance the quality of care offered to its patients. A EGP 60 mn radiotherapy accelerator will also be installed at Al Salam Maadi hospital by the end of the year.<\/p>\n<p><strong>The company had injected over EGP 5 bn of investments in Egypt over the past decade to develop its medical facilities<\/strong>, the statement said. As Salam International Hospital and its two branches and Dar Al Fouad Hospital and its two branches. Earlier this year, Alameda\u2019s Dar El Fouad <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0aed177e-6073-45e7-b6d9-4d028344fab2\">opened a state-of-the-art oncology center<\/a> at its Nasr City branch, including PET imaging and dedicated chemotherapy and radiation therapy units.<\/p>\n<p><strong>The new investment drive comes a few months after Cleopatra Hospitals Group\u2019s <\/strong><strong>attempts to acquire Alameda fell through.<\/strong> The two companies were in talks to sell 100% of Alameda\u2019s assets to CHG, which would have given it control over 15% of beds in private sector hospitals in the Greater Cairo area. Both companies <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/80133ec1-19f8-45b2-a5a7-d96d16b62242\">announced in May<\/a> that they would cancel <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f49a0bad-84a7-49f3-b20e-68c1976ec30b\">the initial agreement<\/a>, without disclosing why.<\/p>\n<hr class=\"grey-line\">\n<p><strong>PVH wants to invest in Egypt\u2019s garment market: <\/strong>US clothing company PVH wants to partner with a ready-made garment factory in Alexandria or Minya, Trade Minister Nevine Gamea said in <a href=\"https:\/\/bit.ly\/3hKferu\">a statement<\/a> following a meeting with a company official. The statement did not disclose how much the company might be prepared to invest in Egypt or detail what the partnership could look like.<\/p>\n<p><strong>Egypt wants to quintuple annual exports to the US to USD 5 bn<\/strong> within the framework of the <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/08\/26-new-egyptian-companies-join-qiz-agreement-with-the-us\/\">Qualified Industrial Zones agreement<\/a>, Gamea said. <strong><a href=\"https:\/\/www.pvh.com\/company\/about\">PVH<\/a><\/strong> is one of the largest clothing companies in the US, and owns two of the best known brands in Calvin Klein and Tommy Hilfiger.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alameda to double Egypt investments in the next 5 years: Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5 years to expand its services in Egypt, it announced in a statement (pdf) yesterday. The company will invest the funds into facilities in the new administrative capital, Al Alamein City, Alexandria, Mansoura, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":557458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[489,72,7138,7115,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-alameda-healthcare","tag-enterpriseam","tag-health","tag-healthcare","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"379ab12b-2c06-49f3-b4e7-c77ac0174f6d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/267.jpg","photo_position":"above","related_issue":[557453],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alameda to double investments in Egypt over the next 5 years - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alameda to double investments in Egypt over the next 5 years\" \/>\n<meta property=\"og:description\" content=\"Alameda to double Egypt investments in the next 5 years: Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5 years to expand its services in Egypt, it announced in a statement (pdf) yesterday. The company will invest the funds into facilities in the new administrative capital, Al Alamein City, Alexandria, Mansoura, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-20T04:00:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/267.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alameda to double investments in Egypt over the next 5 years\",\"datePublished\":\"2021-09-20T04:00:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\"},\"wordCount\":412,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/267.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alameda Healthcare\",\"EnterpriseAM\",\"health\",\"healthcare\",\"investment watch\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alameda-to-double-investments-in-egypt-over-the-next-5-years\/\",\"name\":\"Alameda to double investments in Egypt over the next 5 years - 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Alameda will operate the facility under a renewable 49-year contract. The hospital,\u2026","rel":"","context":"In &quot;Healthcare&quot;","block_context":{"text":"Healthcare","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/healthcare\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/316.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568369,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/28\/healthcare-mega-merger\/","url_meta":{"origin":557457,"position":4},"title":"Healthcare mega-merger","author":"enterpriseam admin","date":"28 December 2020","format":false,"excerpt":"Cleopatra Hospitals Group (CHG) has acquired 100% of Alameda Healthcare Group\u2019s Egypt assets in a sale and purchase agreement that would see the two healthcare service providers merge their operations in Egypt, CHG announced (pdf) yesterday morning. The transaction will see CHG control and operate Alameda\u2019s facilities, including Dar El\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/457.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636265,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/nmc-in-talks-to-acquire-alameda-health-care\/","url_meta":{"origin":557457,"position":5},"title":"NMC in talks to acquire Alameda Health Care","author":"enterpriseam admin","date":"28 December 2017","format":false,"excerpt":"M&A WATCH- UAE-based hospital group NMC Healthcare is reportedly in talks to acquire Alameda Healthcare, sources told Al Mal. Fahad Khater\u2019s Alameda owns shares in the Dar Al Fouad and As-Salam International Hospitals in Egypt. The transaction could be executed through share-swap through which NMC would take over Alameda and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557457"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557457\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557458"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557457"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557457"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}