{"id":597094,"date":"2019-07-16T04:21:22","date_gmt":"2019-07-16T04:21:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/saudi-german-hospital-to-invest-tens-of-bns-in-egypt-as-part-of-15-year-plan\/"},"modified":"2019-07-16T04:21:22","modified_gmt":"2019-07-16T04:21:22","slug":"saudi-german-hospital-to-invest-tens-of-bns-in-egypt-as-part-of-15-year-plan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/saudi-german-hospital-to-invest-tens-of-bns-in-egypt-as-part-of-15-year-plan\/","title":{"rendered":"Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>INVESTMENT WATCH-<\/b> <b>Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan: <\/b>The Saudi German Hospitals Group (SGH) is looking to invest EGP 40-50 bn in Egypt within the next 15 years to expand its business in the country, <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/15\/1225308\">Vice Chairman Makarem Batterjee said<\/a>. In the near future, the group is planning to inaugurate a second hospital in Cairo and add an outpatient clinics building in its existing facility in Heliopolis. The group is also expecting to inaugurate the first phase of its <a href=\"http:\/\/s82s.com\/_\/ihcc-v6\/projects.php?cat=1&pid=51\">Batterjee Medical City<\/a> on the outskirts of Alexandria in two years. The three-phase project will come at an initial investment cost of up to EGP 10 bn.<\/p>\n<p><b>Separately, the group\u2019s hospital joined international doctors collaboration <\/b><a href=\"https:\/\/www.mayoclinic.org\/about-mayo-clinic\/care-network\"><b>Mayo Clinic Care Network<\/b><\/a>, becoming the \u201cthe first hospital in Africa [to do so],\u201d according to <a href=\"https:\/\/ent.news\/2019\/7\/2508.pdf\">a press release (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan: The Saudi German Hospitals Group (SGH) is looking to invest EGP 40-50 bn in Egypt within the next 15 years to expand its business in the country, Vice Chairman Makarem Batterjee said. In the near future, the group [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,7138,125,2380,11164],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597094","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-health","tag-investment-watch","tag-speed-round","tag-the-saudi-german-hospitals-group","wpautop","entry"],"acf":{"mongo_id":"40e2b696-13ae-4db9-9052-507a37f8f6ec","is_powered_by":true,"section_story_id":"564326f1-c1ed-4186-924a-cfd3aed803d2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597081],"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>Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan - 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\/2019\/07\/16\/saudi-german-hospital-to-invest-tens-of-bns-in-egypt-as-part-of-15-year-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Saudi German Hospital to invest tens of bns in Egypt as part of 15-year plan: The Saudi German Hospitals Group (SGH) is looking to invest EGP 40-50 bn in Egypt within the next 15 years to expand its business in the country, Vice Chairman Makarem Batterjee said. 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The proposed hospital will be developed by Saudi\u2019s Al Batterjee Group on a 40,000 sqm landplot and is set to accommodate 350\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571955,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/saudi-german-hospital-seeking-ifc-loan-for-egypt-expansion\/","url_meta":{"origin":597094,"position":1},"title":"Saudi German Hospital seeking IFC loan for Egypt expansion","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"INVESTMENT WATCH- Saudi German Hospital seeking IFC loan for Egypt expansion: The Saudi German Hospital Group is seeking a loan from the International Finance Corporation to finance its expansion plans, the local press reports, citing sources familiar with the matter who did not disclose the loan\u2019s value but added that\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":[]},{"id":650623,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/28\/batterjee-to-establish-egp-10-bn-medical-city-in-alexandria\/","url_meta":{"origin":597094,"position":2},"title":"Batterjee to establish EGP 10 bn medical city in Alexandria","author":"enterpriseam admin","date":"28 March 2017","format":false,"excerpt":"The Batterjee Holding Company will establish a new EGP 10 bn medical city complex in Alexandria that includes eight hospitals, Vice President Makarem Batterjee says, Ahram Gate reports. The announcement was made as International Cooperation Minister Sahar Nasr visited the Saudi German Hospital in Cairo, which is owned by the\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":608102,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/15\/saudi-healthcare-giant-invests-usd-100-mn-in-alex-project-plus-centamin-to-invest-usd-440-mn-in-egypt-over-two-year-period\/","url_meta":{"origin":597094,"position":3},"title":"Saudi healthcare giant invests USD 100 mn in Alex project. 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