Egypt Pharma News: Healthcare Service Expansion, Omicron Threat, Medical Tourism Boost


All the latest news stories from Egypt’s healthcare and life sciences industry, including Egypt’s health insurance authority’s plans to add 100 new medical services, how the COVID-19 Omicron variant threatens to overwhelm the country’s healthcare system, and a new tie-up between Siemens Healthineers and Alameda Group.


Egypt’s health insurance authority to add 100 fresh medical services over 6 months (Ahram Online)

Egypt’s Universal Health Insurance Authority (UHIA) will add over 100 fresh medical services for its beneficiaries within six months after agreeing with the providers from both local and private sectors on the prices of such services, Minister of Finance Mohamed Maait, who is in charge of the authority, said on Sunday.


WHO says Omicron overwhelming health systems in Eastern Mediterranean (The National)

Covid-19 cases continue to climb in the Eastern Mediterranean region as a result of the Omicron variant of coronavirus, placing an increased burden on healthcare systems and workers.

The highly contagious Omicron variant comprises the majority of new cases detected in the region, Dr Ahmed Al Mandhari, the World Health Organisation’s regional director for the Eastern Mediterranean (Emro), said on Wednesday.


Siemens Healthineers and Alameda Group sign MoU to support the transformation of Egypt’s healthcare sector (Zawya)

The MoU includes training and educational support for medical professionals

Siemens Healthineers, a leading global medical technology company, and Alameda Healthcare Group, Egypt’s leading private healthcare Group, recently signed a Memorandum of Understanding (MoU) to support the transformation of the healthcare sector in Egypt.


Northeastern University, GlobeMed Group collaborate to launch the Impactful Research Initiative: “Harnessing the Role of Private Sector in advancing Universal Health Coverage in Egypt” (Daily News Egypt)

During a conference held under the patronage of Egypt’s Minister of Finance Dr Mohamed Maait, the Bouvé College of Health Sciences of Northeastern University, USA in collaboration with GlobeMed Group, the leading healthcare benefits management group in the Middle East, launched its impactful research initiative “Harnessing the Role of the Private Sector in advancing the Universal Health Coverage (UHC) in Egypt”.


IFC to invest $20 mln to boost Egypt’s medium-sized businesses (Ahram Online)–Companies/IFC-to-invest–mln-to-boost-Egypt;s-mediumsized-bu.aspx

The International Finance Corporation (IFC), a World Bank body, is set to pump $20 million in investments in Egypt-based Ezdehar, a private equity fund manager focused on Egypt.

Established in 2015, Ezdehar has over $250 million under management, partnering with companies seeking to invest to accelerate growth and unlock value.

The IFC said that its investment is meant to help medium-sized businesses in the Egyptian market access the financing and tools they need to grow, create jobs, and overcome COVID-19 challenges


Growing medical travel to Egypt (LaingBuisson)

Karnak International Hospital and health platform Altibbi are each looking to build international patient access to Egypt’s healthcare services.

State run Karnak International Hospital in Luxor is pushing forward with its goal of becoming a key destination for medical tourism in Egypt. A new building housing 62 beds, six operation rooms and four hotel suites has recently been opened.

Developing the hospital is part of a wider initiative titled “Egypt is taking care of you” promoting health and medical tourism.

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