News

$1.6 Billion ‘Medical City’ to be Built in Egypt by Indian Company

$1.6 Billion ‘Medical City’ to be Built in Egypt by Indian Company

CrVyvZFUIAAQ2IV

Egypt’s Minister of Trade and Commerce Tarek Kabil announced on Friday that an Indian medical care company is set to construct a medical city in Egypt, investing USD 1.6 billion.

Kabil, who is currently in New Delhi as part of an Egyptian delegation headed by Egypt’s President Abdel Fattah Al-Sisi, said an agreement had been reached with the Indian company to built the city that will include hospitals and medical centers and facilities, reported MENA.

The name of the company was not reported by MENA, but the minister reportedly said that company representatives would visit Egypt shortly to discuss the implementation of the project.

Earlier on Friday, President Sisi held talks with top Indian officials, including Prime Minister Narendra Modi, discussing various issues concerning both countries. The Egyptian President vowed to increase bilateral relations, including economic and political ties, with India.

President Sisi, who also visited the tomb of the revered Mahatma Gandhi in New Delhi, will leave India on Saturday for China, where he is scheduled to attend the G-20 Summit as a guest of honor.

Egypt’s Laws Push Organ Trafficking Underground, Increasing Exploitation: Study
Telecom Egypt Secures 4G License, Bringing 4G Speeds Closer to a Reality in Egypt

Subscribe to our newsletter


News

More in News

Egypt’s Public Prosecution Issues Call for Video Evidence of Fairmont Gang Rape Case

Egyptian StreetsFebruary 24, 2021

Egyptian Aged 40 or Older? You Can Register for COVID-19 Vaccination This Month

Egyptian StreetsFebruary 24, 2021

Egyptian Ministry Establishes ‘Equal Opportunity Unit’ to Promote Gender Equality and Counter Discrimination

Egyptian StreetsFebruary 22, 2021

Tamer Amin Show Suspended For Offensive Commentary on Upper Egyptians

Egyptian StreetsFebruary 20, 2021

Egypt’s Dar Al-Iftaa Launches ‘Birth Control is Permissible’ Hashtag to Counter Overpopulation

Egyptian StreetsFebruary 18, 2021

Biden Administration Announces $197 Million Arms Deal with Egypt

Egyptian StreetsFebruary 17, 2021

KSA Issues Shock Decision With Potential Business Impact on Egypt and the Region

Amina ZaineldineFebruary 17, 2021

Egypt’s COVID-19 Deaths Pass 10,000 Mark

Egyptian StreetsFebruary 16, 2021