Cairo, April, 2025
Alameda Healthcare Group, a leading healthcare provider in Egypt, is pleased to announce its partnership with Talaat Moustafa Group (TMG), one of the largest real estate development companies in Egypt and the Middle East, to establish a world-class hospital in Madinaty, a major residential project by TMG in East Cairo. Madinaty’s investments exceed 5 billion EGP (approximately 100 million USD). This collaboration aims to enhance the Alameda Group’s position in high-quality healthcare and contribute to the growth of medical tourism revenues.
This partnership is part of Alameda Healthcare Group’s strategy to expand its investments in Egypt through the establishment and development of new hospitals in Greater Cairo and other governorates. The goal is to enhance the group’s clinical capacity, increase its role in delivering high-quality medical services to citizens, and contribute to the national economy’s growth. EFG Hermes acted as the exclusive financial advisor for this strategic partnership.
The agreement was signed by Dr. Fahed Khater, Chairman of Alameda Healthcare Group, and Mr. Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group, in the presence of senior leadership from both companies.
As part of the agreement, Alameda’s hospital in Madinaty will be the first of many similar collaborative projects in Talaat Moustafa Group’s cities, both inside and outside Egypt, focusing on medical services and high-quality healthcare.
Under the agreement, Alameda will manage and operate a new hospital within the Madinaty project, one of the largest urban developments by Talaat Moustafa Group. The hospital will be the first in a series of future joint ventures aimed at providing cutting-edge healthcare services in the company’s developments. The Madinaty Hospital is expected to open in 2027 and will offer unparalleled healthcare services in Egypt, attracting medical tourism and establishing itself as a key healthcare destination in the region.
Dr. Fahed Khater, Chairman of Alameda Healthcare Group, stated, “We are proud to be part of this strategic initiative that strengthens Egypt’s healthcare sector by providing integrated medical services with international specifications. Our collaboration with Talaat Moustafa Group represents a pivotal step toward setting new standards for healthcare services in Egypt and the region. This partnership will contribute to sustainable community development by providing comprehensive healthcare services in accordance with the best international practices. He also noted that the new hospital in Madinaty will be the beginning of future joint projects aimed at offering advanced medical services to residents of Talaat Moustafa Group’s communities within Egypt and abroad, including in Saudi Arabia.”
Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group, commented, “This partnership is part of TMG’s strategy to collaborate with leading companies in various fields to provide integrated and high-quality services to our clients. The operation of Madinaty Hospital represents an investment in the ongoing success of our projects, enhancing the level of services provided to the city’s residents. Madinaty offers a wide range of integrated services, including medical centers, clinics, emergency services, banks, administrative offices, government services, educational institutions, sports facilities, commercial spaces, and entertainment venues, providing a comprehensive environment for its residents.”
The new hospital in Madinaty will provide comprehensive medical services with a capacity of 200 beds. This initiative is part of Talaat Moustafa Group’s commitment to providing an exceptional standard of living to approximately 1.2 million people across its various projects, as well as to more than 4.5 million people in East Cairo.
