Development Partners International (DPI) has invested $190 million in Alameda Healthcare, one of Egypt’s largest private hospital operators, in what is being called the largest private healthcare transaction in the country’s history. The fresh capital will fuel Alameda’s expansion across Egypt and into the Gulf Cooperation Council (GCC) region, with specific plans for market entries in Saudi Arabia, the UAE, and other GCC countries. Despite the size of the transaction, control of the company remains with Alameda’s Chairman, Fahad Khater. DPI and its partners will take a minority stake, working alongside the existing management team to support growth strategies. This…
Author: Rana Salem
As part of its growing commitment to electric mobility, Egypt is preparing to officially launch its first fully electric Bus Rapid Transit (BRT) system following its trial launch in June—an ambitious project that marks a significant shift in the country’s approach to public transportation. Developed by the Ministry of Transport in collaboration with the General Authority for Roads and Bridges, the 110-kilometer BRT corridor will run along Greater Cairo’s Ring Road. Featuring 48 stations and dedicated lanes, the system is designed to provide fast, reliable, and lower-emissions service. The first 35-kilometer phase—comprising 14 stations—is currently in trial operations. Talks are…
Egypt’s real gross domestic product (GDP) growth surged to 4.77% in the third quarter of the 2024/2025 fiscal year, marking the highest quarterly expansion in three years, according to the Ministry of Planning and Economic Development. The growth was fueled primarily by strong rebounds in non-oil manufacturing, tourism, and information and communications technology (ICT) sectors central to the country’s evolving economic strategy. This momentum emerged amid persistent global uncertainty, reflecting the impact of Egypt’s structural reform program, which aims to enhance macroeconomic resilience, elevate private sector engagement, and boost export competitiveness. Exports and private investment lead recovery Egypt’s net exports…
Egypt is setting its sights on a bold trade target of $145 billion by 2030, according to the African Trade Report 2025. The strategy focuses on increasing exports, deepening trade ties within Africa, and solidifying key partnerships, particularly with the United Arab Emirates (UAE), marking the country’s ambition to play a pivotal role in African and global commerce. Strengthening regional trade leadership Egypt’s position in regional trade has strengthened significantly, particularly within the African continent. According to the report, Egypt ranked as the fifth-largest intra-African trading nation in North Africa. In 2024, trade with African countries rose by 8.7%, reaching…
As Egypt pushes ahead with one of the most ambitious urban development drives in the Middle East and North Africa (MENA) region, green construction is emerging as a central priority. In this Q&A, Mohamed Amer, Managing Director at the International Code Council-MENA (ICC), discusses Egypt’s current direction, where policy reforms are needed, and what it would take to create a sustainable and scalable development model. The International Code Council is a US-based organization that develops building codes and safety standards used worldwide. With offices in Washington, D.C., Dubai, and Canberra, the group works with governments and industry players to support…
Agriculture has long been a cornerstone of Egypt’s economy, employing nearly a quarter of the workforce and playing a central role in food security, rural livelihoods, and economic stability. Yet despite its significance, the sector continues to grapple with structural issues: fragmented value chains, outdated practices, limited market access, and above all, constrained access to formal financing. In recent years, however, a new player has entered the field: agrifintech, a blend of agriculture and financial technology that is beginning to redefine how farming works in Egypt. These emerging solutions use digital tools—from AI and blockchain to mobile apps and digital…
Egypt’s economy is projected to grow by 3.5% in 2025, according to the World Bank’s latest Global Economic Prospects report—marking a modest rebound from this year’s sharper-than-expected slowdown. In 2024, growth is forecast at just 2.4%, down from 3.8% in 2023 and significantly below the 6.6% recorded in 2022, as the country continues to grapple with high inflation, a weakening currency, and sluggish reform momentum. While the report anticipates further gradual improvement—reaching 4.2% in 2026 and 4.6% in 2027—Egypt’s projected growth remains below its pre-crisis trajectory and lags behind regional peers. Saudi Arabia and the broader MENA region are both…
Egypt is advancing its fiscal sustainability agenda by leveraging a vast Red Sea parcel in Ras Shukeir to back its second sovereign sukuk offering, the Ministry of Finance announced on June 12. Spanning 174 million square meters, the strategic coastal land—one of the largest state-owned plots—will serve as the underlying asset in a lease-based (ijara) sukuk structure, according to Business Monthly’s interpretation of the announcement. Unlike traditional debt instruments, ijara sukuk comply with Islamic finance principles by generating investor returns through rental payments rather than interest. The model aligns with ethical investment standards and allows Egypt to attract lower-cost financing…
Artificial Intelligence (AI) is rapidly transforming the marketing landscape, enabling businesses to work smarter, faster, and more efficiently. From automating repetitive tasks and analyzing vast amounts of consumer data to personalizing content and predicting campaign outcomes, AI is reshaping how marketers connect with audiences. As companies seek more agile, data-driven strategies, AI tools are becoming essential in crafting targeted messages, optimizing performance, and driving growth. Yet, while AI enhances efficiency and insight, it also raises important questions around creativity, ethics, and the future of human roles in marketing. In an exclusive interview with Business Monthly during the Rethinking Marketing Conference…
Artificial intelligence (AI) is transforming industries at an unprecedented pace, and content creation is no exception. From AI-assisted video editing to automated copywriting and design, creators now have access to powerful tools that enhance efficiency and scale. But amid this technological leap, a pressing question arises: How can creators balance innovation with the authenticity that makes their work stand out? This was the central theme of the second session at the Rethinking Marketing Conference, hosted by the American Chamber of Commerce in Egypt on June 3. The session brought together creative entrepreneurs, agency leaders, and marketers to discuss AI’s impact…