{"id":663008,"date":"2025-03-26T00:00:00","date_gmt":"2025-03-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/26\/tmg-alameda-to-set-up-egp-5-bn-hospital-in-madinaty\/"},"modified":"2025-03-26T00:00:00","modified_gmt":"2025-03-26T00:00:00","slug":"tmg-alameda-to-set-up-egp-5-bn-hospital-in-madinaty","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/26\/tmg-alameda-to-set-up-egp-5-bn-hospital-in-madinaty\/","title":{"rendered":"TMG, Alameda to set up EGP 5 bn hospital in Madinaty"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>TMG, Alameda team up to build a EGP 5 bn hospital in Madinaty:<\/strong> Local real estate giant Talaat Moustafa Group (TMG) inked a strategic partnership agreement with local healthcare services provider <a target=\"_blank\" href=\"https:\/\/www.alameda-hc.com\/\" style=\"\" rel=\"noopener\">Alameda Healthcare<\/a> to build a EGP 5 bn (c. USD 100 mn) 200-bed hospital in East Cairo\u2019s Madinaty by 2027, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MadinatyCH\/posts\/%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A8%D9%8A%D9%86-%D8%B7%D9%84%D8%B9%D8%AA-%D9%85%D8%B5%D8%B7%D9%81%D9%89-%D9%88%D8%A3%D9%84%D8%A7%D9%85%D9%8A%D8%AF%D8%A7-%D9%81%D9%8A-%D9%85%D8%AC%D8%A7%D9%84-%D8%A7%D9%84%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B7%D8%A8%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%B5%D8%AD%D9%8A%D8%A9-%D9%81%D8%A7%D8%A6%D9%82%D8%A9-%D8%A7%D9%84\/1078132181014723\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Alameda will manage and operate the hospital, offering high-quality medical and healthcare services that aim to attract medical tourism. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bd9f5dbd-734f-49f7-96cf-6fc4a7562198\/egypt-healthcare-authority-inks-agreements-with-regional-healthcare-players-in%253cmark%253e-medical-tourism-%253c%2Fmark%253epush\" style=\"\" rel=\"noopener\">has been trying<\/a> to position itself as a medical tourism hub to attract FDI and to open fresh FX revenue streams from patients from Africa, the Middle East, and Europe coming here for treatment on the back of our talented and well-trained medical staff and the competitive price point Egyptian hospitals can offer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first of many: <\/strong>The hospital is part of a broader plan between the two sides to develop and manage healthcare offerings within TMG\u2019s urban developments in Egypt and abroad. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Our friends at EFG Hermes acted as the exclusive financial advisor on the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project comes as part of Alameda\u2019s ambition expansion plan<\/strong>, to which the company had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1bd6da4e-b085-4274-af0b-afe33de1a4a6\/%253cmark%253ealameda%253c%2Fmark%253e-to-invest-usd-245-mn-on-local,-regional-expansion\" style=\"\" rel=\"noopener\">allocated some USD 245 mn<\/a> back in June. The company plans to expand its footprint in Egypt and across the region through setting up new hospitals, acquiring existing ones or expanding its own hospitals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 200-bed facility should be up and running in 2027<\/p>\n","protected":false},"author":1,"featured_media":663009,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7410],"tags":[489,84,72,7115,1517],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare","tag-alameda-healthcare","tag-efg-hermes","tag-enterpriseam","tag-healthcare","tag-talaat-moustafa-group","wpautop","entry"],"acf":{"mongo_id":"485ac4ff-a905-4929-8880-69f3bb0c24e5","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/2094.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TMG, Alameda to set up EGP 5 bn hospital in Egypt\u2019s Madinaty","related_issue":[662994],"teaser":"The 200-bed facility should be up and running in 2027","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.768af886-2f67-43e1-909b-e28c10ea0454.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The project includes residential, administrative, commercial, and recreational units.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562830,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/tmg-does-another-jv-with-state-owned-banks\/","url_meta":{"origin":663008,"position":1},"title":"TMG does another JV with state-owned banks","author":"enterpriseam admin","date":"8 June 2021","format":false,"excerpt":"The National Bank of Egypt (NBE), Banque Misr and Talaat Moustafa Group (TMG) have established a new real estate joint venture, dubbed Rawasi, with paid-in capital of EGP 200 mn, NBE Deputy Chairman Yehia Abou El Fettouh told Masrawy.What\u2019s in the pipeline? 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