{"id":640238,"date":"2024-08-22T00:00:00","date_gmt":"2024-08-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/22\/health-ministry-readies-list-of-healthcare-investments-for-the-private-sector\/"},"modified":"2024-08-22T00:00:00","modified_gmt":"2024-08-22T00:00:00","slug":"health-ministry-readies-list-of-healthcare-investments-for-the-private-sector","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/22\/health-ministry-readies-list-of-healthcare-investments-for-the-private-sector\/","title":{"rendered":"Health Ministry readies list of healthcare investments for the private sector"},"content":{"rendered":"

Good mornin<\/strong>g, everyone. <\/strong>It\u2019s almost as if the weekend has already started, with local business slower than any of us have seen for a long time. In today\u2019\u2019s short and punchy issue, we\u2019ve got the latest on the unfolding FX withdrawal limits reports and repudiations, an upcoming conference that Egypt investors need to put on their calendar, and more. <\/p>\n

WATCH THIS SPACE- <\/p>\n

<\/a> Healthcare facilities up for grabs: <\/strong>The Health Ministry will soon compile a list of investments in the medical and health sector across all governorates and present them to potential investors, Al Borsa<\/a> reports, citing Egyptian Federation of Investors Association board member Abeer Essam. <\/p>\n

Remember: <\/strong>President Abdel Fattah El Sisi ratified a bill in June<\/a> allowing private entities to manage, and operate healthcare facilities and public hospitals for a period of 3-15 years. Supporters of the bill argue it will help attract foreign investments into Egypt\u2019s health sector and enhance the services offered by public hospitals and healthcare units.<\/p>\n

PSA-<\/p>\n

WEATHER- <\/strong>It\u2019s another summery day in Cairo today, with a high of 36\u00b0C and a low of 26\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a little cooler in Alexandria and<\/strong> along the North Coast<\/strong>, with a high of 33\u00b0C and a low of 25\u00b0C.<\/p>\n

And over the weekend, <\/strong>expect to see highs of 35\u00b0C in the capital and 31\u00b0C for our friends on the Mediterranean.<\/p>\n

** DID YOU KNOW that we now cover <\/strong>Saudi Arabia<\/a><\/strong> and the <\/strong>UAE<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email?<\/strong> Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n

<\/a> <\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n

THE BIG STORY ABROAD- <\/p>\n

<\/a> Ahead of Jackson Hole meeting, Fed minutes show September rate hike are all the more <\/strong>likely:<\/strong> The \u201cvast majority\u201d of policymakers at the US Federal Reserve\u2019s FOMC meeting in July agreed \u201cit would likely be appropriate to ease policy at the [Reserve\u2019s] next meeting,\u201d provided inflation and employment data remain \u201cencouraging,\u201d according to the meeting minutes pdf<\/a>. <\/p>\n

The Fed officials agreed inflation is \u201cmoving sustainably towards\u201d the target of 2%<\/strong>, with expectations of continued downward pressure on inflation figures in the months ahead, the minutes showed. Although some officials said there was room to enact the first round of cuts at last month\u2019s meeting, they unanimously agreed to leave rates unchanged. <\/p>\n

The minutes were published ahead of an annual gathering of central bankers at Jackson <\/strong>Hole<\/strong>, where US Federal Reserve Chair Jay Powell is scheduled to speak on the country\u2019s economic outlook tomorrow. The data provide further impetus for Powell to make the case that kicking off a monetary easing cycle is unlikely to push rates back up, particularly as the Fed now grapples with the need to mitigate the risks of recession. <\/p>\n

Markets have already priced in September rate cuts<\/strong>, with the majority expecting a 25 bps reduction next month, while futures have priced in a total of 100 bps of easing through the end of 2024. The story is broadly leading headlines in the international business press this morning: (Bloomberg<\/a> | CNBC<\/a> | Financial Times<\/a> | Wall Street Journal<\/a>)<\/p>\n

OVER IN CHICAGO- <\/strong>Kamala Harris\u2019 running mate and Minnesota Governor Tim Walz is set to take the stage at the Democratic National Convention, marking his first high-profile national speech. Also speaking at the convention overnight: Former US President Bill Clinton and former House Speaker Nancy Pelosi. (New York Times<\/a> | Washington Post<\/a> | Politico<\/a> | Bloomberg<\/a> | Reuters<\/a>)<\/p>\n

\n

CIRCLE YOUR CALENDAR- <\/p>\n

<\/a> The African Reinsurance Forum is coming to Cairo: <\/strong>The African Ins. Organization\u2019s African Reinsurance Forum<\/a> will be held at InterContinental Citystars Cairo from 12-15 October. The forum will bring together<\/a> reinsurance industry leaders, regulators, and other stakeholders to discuss harmonization within the African ins. landscape, share best practices and innovative solutions, and advocate for a robust reinsurance market in Africa. You can register for the event <\/strong>here<\/a><\/strong>.<\/strong><\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, everyone. It\u2019s almost as if the weekend has already started, with local business slower than any of us have seen for a long time. In today\u2019\u2019s short and punchy issue, we\u2019ve got the latest on the unfolding FX withdrawal limits reports and repudiations, an upcoming conference that Egypt investors need to put on […]<\/p>\n","protected":false},"author":1,"featured_media":640239,"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":[7204],"tags":[72,259,7115,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-health-ministry","tag-healthcare","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"f951907b-854c-44ee-914e-877416a3a914","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/6\/951.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Health Ministry readies list of healthcare investments for the private sector","related_issue":[640236],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.540703ff-35a5-42d6-9727-2d0914004458.mp3"},"yoast_head":"\nHealth Ministry readies list of healthcare investments for the private sector - 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\/2024\/08\/22\/health-ministry-readies-list-of-healthcare-investments-for-the-private-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Health Ministry readies list of healthcare investments for the private sector\" \/>\n<meta property=\"og:description\" content=\"Good morning, everyone. 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Former deputy prime minister Ziad Bahaa Eldin pointed to how difficult the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/122.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549434,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/18\/govt-wants-private-sector-investment-in-state-owned-hospital\/","url_meta":{"origin":640238,"position":1},"title":"Gov\u2019t wants private sector investment in state-owned hospital","author":"enterpriseam admin","date":"18 September 2022","format":false,"excerpt":"The government wants to attract private sector investment to state-owned Heliopolis Hospital under a wider plan to open up the healthcare sector to private-sector players, Health Ministry spokesperson Hossam Abdel Ghaffar told Enterprise. 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