EFG Hermes Facilitates $190M DPI Investment in Egyptian Healthcare Giant Alameda

Malaz Madani

Last updated 7-07-2025

3 min

EFG Hermes is advising on a $190 million investment by DPI into Alameda Healthcare in Egypt.

The investment is a minority stake and will support Alameda in expanding hospital operations.

The deal is one of Egypt's largest healthcare foreign direct investments, benefiting local banks.

EFG Hermes has advised on over $2.

5 billion in transactions over the past 18 months.

The firm topped equity capital markets in MENA in 2024, according to the London Stock Exchange.

Back when I first started following the startup world with Arageek, major investments in the healthcare sector were relatively thin on the ground—they were pretty rare beasts indeed, you know? Quite exciting then, to come across this latest piece of news out of Egypt; one that truly puts its healthcare sector front-and-centre on the MENA investment map.

EFG Hermes, under their parent company EFG Holding, have stepped in as sole financial advisor on a substantial $190 million investment by Development Partners International (DPI) into Alameda Healthcare. Mind you, it's not a complete takeover—we're talking about a minority stake here—but still a sizeable chunk going Alameda's way via a capital injection.

The fresh capital—assuming all the regulatory boxes get ticked, naturally—is expected to land sometime in Q3 2025. This, I reckon, will give Alameda just the boost it needs to ramp up hospital operations and clinical capacity, especially in growth markets like Egypt, Saudi Arabia, UAE and other GCC countries. Fahad Khater, Alameda's chairman, remains very much at the helm, retaining his majority shareholder poshition.

This deal, it's worth mentioning, represents one of the largest foreign direct investments Egypt's healthcare system has seen to date, no small accomplishment by any standards. Plus, the influx of fresh foreign currency can only be good news for local banks, adding a welcome liquidity boost to Egypt’s financial ecosystem.

EFG Hermes has had quite the run lately—in fact, Maged El Ayouti, their Co-Head of Investment Banking, noted they're proving adept at structuring these significant M&A transactions. With over $2.5 billion worth of deals advised on in the past 18 months alone, you could say they're pretty much spot on when it comes to boosting investor confidence around this neck of the woods.

And believe it or not, just since the start of 2025, they've advised on several high-profile deals across Egypt, Saudi Arabia, UAE, and even Oman—covering everything from mergers and acquisitions to debt and equity market transactions. Testament to their standing, EFG Hermes even topped the equity capital markets across the MENA region in 2024, according to the London Stock Exchange Group.

Exciting times for healthcare startups and entrepreneurs in the MENA region, I must say. As anyone who reads Arageek knows well… supporting robust local startups is exactly the sort of development we love seeing more of.

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