Egypt-based insurtech company SehaTech has raised $1.1 million in a seed funding round, bringing its total funding to $2 million, as per an emailed press release.

In today’s knowledge-driven global economy, intellectual capital often outweighs traditional natural resources in determining a nation’s economic strength and development. Egypt is embracing this reality by strategically expanding its scientific knowledge infrastructure, which positions it as a leading regional hub for innovation and research.

B Healthcare Investments, a subsidiary of B Investments Holding, is close to obtaining the necessary approvals to increase its capital to EGP 1 billion

Egypt's Universal Health Insurance Authority (UHIA) generated revenues valued at EGP 69 billion in the fiscal year (FY) 2024/2025, marking a 49% year-on-year (YoY) leap from EGP 46.6 billion.

Ali Ghamrawy, Chairman of the Egyptian Drug Authority (EDA), held a meeting with a delegation from Johnson & Johnson to discuss the company's policies to expand investments in the Egyptian pharmaceutical market.

The Financial Regulatory Authority (FRA) has issued new licensing regulations to temporarily authorize specialized medical insurance companies and healthcare program management companies to operate under the Unified Insurance Law no. 155 of 2024.

In recent years, Egypt has embarked on a significant journey to transform its health insurance sector through digital transformation. Such a shift promises to unlock substantial economic benefits for the nation.

The cabinet has approved a draft decision by Prime Minister Mostafa Madbouly on the establishment of the National Council for Health Tourism, to be chaired by the Deputy Prime Minister for Human Development.

Egypt's healthcare system is under mounting pressure, as evidenced by a noticeable decline in its professional workforce. A major driver of this contraction is a concerning trend: the increasing emigration of its Egyptian physicians.

CIRA Education has launched CIRA Care in Egypt, the Middle East’s first initiative focused on the care economy, under the patronage of Deputy Prime Minister for Human Development and Minister of Health and Population Khaled Abdel Ghaffar.

Egypt Healthcare Authority (EHA) announced a strategic cooperation with Yodawy to enhance healthcare services in Egypt.

The US Ambassador to Egypt Herro Mustafa stated that Egypt's healthcare sector offers promising investment opportunities valued between $30 billion and $40 billion in hospital infrastructure by 2025.

Public health is a cornerstone of Egypt’s overall economic landscape. With a large and diverse population, understanding their health needs and demographics is essential for fostering economic development. In recent years, public health initiatives have improved health outcomes and highlighted their economic significance. The government's commitment to health is further underscored by increased budget allocations to enhance healthcare infrastructure and services.

Vodafone Business has entered a partnership with Eva Pharma to provide advanced technological and smart healthcare solutions, supporting Eva Pharma's digital transformation.

Egypt Healthcare Authority (EHA) has probed collaboration with AstraZeneca to establish an AI-powered innovation hub to enhance healthcare services efficiency.

President Abdel Fattah El-Sisi has ratified Law No. 87 of 2024 allowing private entities to set up, manage, and operate healthcare facilities for a period between three and 15 years.

Egypt and Italy have mulled strengthening cooperation in the fields of healthcare, pharmaceutical manufacturing and localization, and advanced health technologies.

The Egyptian Ministry of Communications and Information Technology, represented by the Applied Innovation Center (AIC), has signed an agreement with AstraZeneca Egypt to develop AI-powered healthcare solutions.

The Egyptian House of Representatives has approved in principle a draft law submitted by the government allowing both public and private sectors to establish, manage, operate, and develop healthcare facilities in Egypt.