British Fund DPI Invests $190 Million in Egypt's Alameda Healthcare
On July 7, 2025, British fund Development Partners International (DPI) officially announced a $190 million investment in Alameda Healthcare, Egypt's leading private healthcare operator. This deal, structured as a capital increase, marks one of the largest foreign direct investments in Egypt's healthcare sector to date.
About Alameda Healthcare
Founded in 1999 by Dr. Fahad Khater, Alameda Healthcare manages several major establishments, including As Salam International Hospital and Dar Al Fouad Hospital, which are among the largest private hospital structures in the country. Following this transaction, Dr. Khater will retain majority control, with DPI becoming a minority shareholder.
Investment Objectives
The funds raised will be used to modernize existing infrastructure and develop centers of excellence in cardiology, oncology, and intensive care. Alameda also plans to expand its network beyond Egypt's borders to strategic markets in the Gulf Cooperation Council (GCC), including Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait.
Egypt's Ambition in Medical Tourism
This development aligns with Egypt's goal of positioning itself as a regional hub for medical tourism, offering high-quality care at a competitive cost in the MENA region. DPI also plans to support continuous training and development of medical staff to improve clinical standards and enhance the attractiveness of Egypt's healthcare system.
Transaction Structure
Alameda Healthcare was advised by EFG Hermes, a subsidiary of EFG Holding, which acted as exclusive financial advisor for the transaction. This deal highlights the renewed interest of international investors in North African healthcare services, driven by growing demand and more attractive regulatory reforms.
Transaction Timeline
The completion of the transaction remains subject to approval by Egyptian regulatory authorities, with an expected closing in the third quarter of 2025, according to DPI.
