Hisham Talaat Moustafa's Tmg Partners With Alameda For 100 Million Healthcare Expansion In Egypt, Saudi Arabia

TMG invests 100 million with Alameda to develop a premium hospital in Cairo, enhancing healthcare and medical tourism in Egypt and Saudi Arabia.

The 200-bed Madinaty hospital, opening in 2027, aims to offer world-class medical services, boosting TMGs healthcare expansion in the region.

TMGs record-breaking growth continues with a 50 revenue rise, as it diversifies into healthcare, real estate, and hospitality across MENA.

Talaat Moustafa Group TMG Holding, led by Egyptian billionaire Hisham Talaat Moustafa, has partnered with Alameda Healthcare Group in a 100 million deal to develop premium medical facilities in Egypt and Saudi Arabia, expanding its footprint in the regions rapidly growing healthcare sector.

Under the agreement, Alameda will manage and operate a state-of-the-art hospital within TMGs flagship Madinaty development in East Cairo. The facility, slated to open in 2027, will be operated by a leading global healthcare provider and serve as a cornerstone of TMGs broader push into medical investments.

With a total investment surpassing EGP5 billion 100 million, the 200-bed hospital is designed to offer world-class medical services, positioning itself as a key hub for premium healthcare and medical tourism. TMGs expansion aligns with its vision to integrate top-tier infrastructure into its urban developments, which house 1.2 million residents and serve a broader East Cairo population of over 4.5 million.

Hisham Talaat Moustafa, CEO and Managing Director of TMG Holding, and Alameda Healthcare Chairman Fahad Khater formalized the agreement in a signing ceremony attended by top executives. EFG Hermes acted as the exclusive financial advisor for the transaction.

Moustafa stated that the partnership with Alameda is part of TMGs strategy to collaborate with industry leaders to deliver best-in-class services using cutting-edge technology. He emphasized that the new Madinaty hospital will enhance the groups integrated offerings, building on its successful track record across residential, commercial, and hospitality sectors.