• DPI acquires minority stake in Egypt’s largest private hospital group
• Funds to support expansion across Egypt and key Gulf countries
• Investment among Egypt’s biggest foreign deals in the health sector

Development Partners International (DPI), a private equity firm focused on African markets, announced on July 7, 2025, a $190 million capital injection into Alameda Healthcare, Egypt’s leading private healthcare operator. The deal involved a capital increase in exchange for a minority equity stake in the group.

Founded in 1999 and headquartered in Cairo, Alameda owns and manages several healthcare facilities across Egypt. It operates the country’s largest private hospital network. The transaction marks DPI’s largest healthcare investment in Egypt to date. Dr. Fahad Khater, the founder and chairman, will remain the group’s majority shareholder.

The funds will be used to speed up the group’s expansion both within Egypt and across the Gulf Cooperation Council (GCC) region. Alameda plans to strengthen existing medical infrastructure and extend its footprint into markets such as Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait. The group aims to build an integrated hospital care network in these countries.

The investment will also help modernize medical equipment by introducing advanced technologies, and support the creation of specialized centers of excellence in areas such as cardiology, oncology, and intensive care. DPI also intends to back ongoing training and capacity-building programs for healthcare staff. The goal is to boost local skills, raise clinical standards, and make Egypt’s healthcare system more competitive across the Middle East and North Africa (MENA) region. This aligns with Egypt’s national strategy to position itself as a regional hub for medical tourism and specialized care.

“We’re delighted to be supporting Dr. Fahad Khater and his mission of delivering world-class healthcare across Egypt and the GCC. We look forward to working closely with our partners and Alameda’s management team to continuing growing our family of hospitals and delivering excellent care to patients,” said Ziad Abaza, Partner at DPI.

The investment was structured with the support of EFG Hermes, the investment banking arm of EFG Holding, which served as exclusive financial advisor for the transaction. This deal ranks among the largest foreign direct investments (FDI) in Egypt’s healthcare sector to date. It reflects renewed interest from international investors in North Africa’s health services, driven by rising demand and reforms in hospital system governance.

The transaction is still subject to regulatory approval and is expected to close in the third quarter of 2025.