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The FBI has returned 48 looted Egyptian artifacts to Egypt, marking a significant step in preserving the country’s cultu...
23/08/2026

The FBI has returned 48 looted Egyptian artifacts to Egypt, marking a significant step in preserving the country’s cultural heritage and strengthening international efforts to combat the illicit trafficking of antiquities.

Qatar has categorically denied accusations by Iran that it is secretly detaining three Iranian military pilots. Doha sta...
18/08/2026

Qatar has categorically denied accusations by Iran that it is secretly detaining three Iranian military pilots. Doha stated that the pilots’ Sukhoi Su-24 bombers were shot down after unauthorized entry into Qatari airspace in March 2026, and that search teams recovered only the remains of one pilot rather than any surviving crew.

Inventure Group Leads Global Consortium for $5B+ Medical CitiesAn exclusive conversation with Karim Nakhle, Chairman & C...
12/08/2026

Inventure Group Leads Global Consortium for $5B+ Medical Cities

An exclusive conversation with Karim Nakhle, Chairman & CEO of Inventure Group, on building Egypt’s next-generation healthcare ecosystem

Egypt is positioning itself to become a regional destination for advanced healthcare, medical education, research and medical tourism, with Inventure Group leading a global consortium behind a planned portfolio of international medical cities exceeding $5 billion in investment.

The initiative includes the Cairo Administrative Medical City (CADMED) in the New Administrative Capital and the North Coast Medical City (NCMC) in New Alamein, alongside other planned developments.

Under the proposed vision, the two flagship cities would collectively bring thousands of hospital beds, international specialized hospitals, medical universities, research and innovation centers, medical data infrastructure, hotels and wellness facilities into integrated healthcare ecosystems.

For Cairo Business News, Karim Nakhle, Chairman & CEO of Inventure Group, discusses the strategy behind the projects, the role of international partners, Egypt’s medical-tourism ambitions and how these developments could reshape the country’s healthcare and investment landscape.
Karim Nakhle

Egypt is preparing to award seven new oil and gas exploration blocks across Upper Egypt and the Red Sea, with investment...
11/08/2026

Egypt is preparing to award seven new oil and gas exploration blocks across Upper Egypt and the Red Sea, with investments expected to range between $60 million and $70 million.

Samir Raslan, Chairman of the South Valley Egyptian Petroleum Holding Company, said six of the blocks are located in southern Egypt and are set to be awarded to Canada-based Mediterra and the General Petroleum Company. The areas include South Al-Baraka, North Al-Baraka and Khart.

Key Drivers of the Project:* 100% Foreign Direct Investment ($5B+): Demonstrates strong global confidence in Egypt’s inv...
06/08/2026

Key Drivers of the Project:

* 100% Foreign Direct Investment ($5B+): Demonstrates strong global confidence in Egypt’s investment ecosystem and economy.
* Global Medical Tourism Hub: CADMED alone is projected to welcome over 3 million international medical tourists within its first 3 years of operation, supported by integrated recovery resorts and specialized accommodation in New Alamein.
* Universal Health Access: A designated allocation of hospital beds will directly support Egypt’s Universal Health Insurance System for Egyptian citizens.
* Sustainable & Cognitive Design: Driven by green financing framework, renewable energy systems, and ESG-compliant infrastructure to set a global benchmark in sustainable healthcare urban planning.
* World-Class Global Alliance: Under Inventure Group’s umbrella, premier developers, equipment manufacturers, hospital operators, EPC contractors, and cognitive city leaders have joined forces, including HDH, HDH Investments, IIG Investments, InfraNexus, Pizzarotti, AVIC, CSEC, The Advisory Group, ICB, MV Project, Inventure Capital, Inventure Medical, Inventure Digital Group, Inventure Education, Finnish British Consortium for International Education, and MTS/Inspur, alongside other international companies.

Karim Nakhle said the alliance reflects growing international confidence in Egypt’s investment potential and provides an integrated framework to accelerate the country’s vision for world-class, sustainable healthcare infrastructure.

Prime Minister Mostafa Madbouly directed the immediate formation of a joint working group between the relevant ministries and Inventure Group, under the Prime Minister’s supervision, to fast-track implementation in line with Presidential Directive No. 7088 issued by President Abdel Fattah El-Sisi on June 6, 2026.

The initiative also aligns with Arab League sustainability objectives and international ESG standards.

The meetings were attended by senior international delegates, including Ms. Mona Badawi from the British Embassy for Hea...
06/08/2026

The meetings were attended by senior international delegates, including Ms. Mona Badawi from the British Embassy for Healthcare Affairs, Mr. Giuseppe Papalia, Italian Consular in Egypt, and Mr. Damiano Fior, First Secretary of the Italian Embassy.

The discussions brought together leading British, Finnish, Italian, Chinese, and international partners to advance Egypt’s healthcare, medical education, and medical tourism sectors. Representatives of the consortium presented a master plan for developing smart cognitive medical cities built to global standards, integrating healthcare, research, education, and digital infrastructure.

As Master Developer, Inventure Group and its consortium will lead the development alongside the Government of Egypt, the Ministry of Health and Population, and GOTHI. The CADMED project will include 5,000 hospital beds, 20 hospitals, an AI-powered medical university, a medical data center, a virtual hospital, and an advanced simulation center.

The initiative also focuses on medical education, workforce development, AI integration, medical tourism, and attracting leading international healthcare operators, while adhering to global sustainability standards, ESG principles, and renewable energy practices.

Post 1 of 3Following a series of high-level meetings held this week at the Prime Ministry in New Alamein and the Ministr...
06/08/2026

Post 1 of 3

Following a series of high-level meetings held this week at the Prime Ministry in New Alamein and the Ministry of Health in the New Administrative Capital, the consortium led by Inventure Group, Inventure Group consortium companies, and It’s Chairman and CEO Dr.Karim Nakhle, who presented the immediate action plan & designs of the landmark $5+ Billion Foreign Direct Investment (FDI) project to H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt, Presidential Advisor for Financial Affairs Lieutenant General Ahmad El Shazli, H.E. Dr. Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, in the presence of Minister of Housing and Urban Planning H.E. Randa El Manshawi, the Engineering Authority of the Armed Forces represented by General Walid Aref and General Dr. Ashraf El Arabi, Dr. Mohamad Abdel Ghaffar, President of the General Organization for Teaching Hospitals and Institutes (GOTHI), and Dr. Sherif Mostafa, Deputy Minister of Health.

The project will establish Egypt’s International Medical Cities (EIMC), featuring the New Administrative Capital Medical City (CADMED) ($2.8B) and the North Coast Medical City (NCMC) in New Alamein ($2.5B), alongside future expansions into additional Cities. These mega-projects are in line with Presidential Directive No. 7088 issued by President Abdel Fattah El-Sisi on the 6th of June 2026, awarding the development to Inventure Group.

Inventure Group Leads Global Consortium to Develop Egypt’s $5 Billion+ Integrated International Medical Cities -Followin...
05/08/2026

Inventure Group Leads Global Consortium to Develop Egypt’s $5 Billion+ Integrated International Medical Cities -
Following a series of high-level meetings held this week at the Prime Ministry in New Alamein and the Ministry of Health in the New Administrative Capital, the consortium led by Inventure Group, Inventure Group consortium companies, and It’s Chairman and CEO Dr.Karim Nakhle, who presented the immediate action plan & designs of the landmark $5+ Billion Foreign Direct Investment (FDI) project to H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt, Presidential Advisor for Financial Affairs Lieutenant General Ahmad El Shazli, H.E. Dr. Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, in the presence of Minister of Housing and Urban Planning H.E. Randa El Manshawi, the Engineering Authority of the Armed Forces represented by General Walid Aref and General Dr. Ashraf El Arabi, Dr. Mohamad Abdel Ghaffar, President of the General Organization for Teaching Hospitals and Institutes (GOTHI), and Dr. Sherif Mostafa, Deputy Minister of Health.
The project will establish Egypt’s International Medical Cities (EIMC), featuring the New Administrative Capital Medical City (CADMED) ($2.8B) and the North Coast Medical City (NCMC) in New Alamein ($2.5B), alongside future expansions into additional Cities. These mega-projects are in line with Presidential Directive No. 7088 issued by President Abdel Fattah El-Sisi on the 6th of June 2026, awarding the development to Inventure Group.

Egyptian Foreign Minister Badr Abdelatty held separate phone calls on Monday with his Saudi and Bahraini counterparts to...
05/08/2026

Egyptian Foreign Minister Badr Abdelatty held separate phone calls on Monday with his Saudi and Bahraini counterparts to discuss the latest regional developments and efforts to contain tensions and prevent further escalation.

President Abdel Fattah El-Sisi called for the timely completion of major national transport and infrastructure projects,...
03/08/2026

President Abdel Fattah El-Sisi called for the timely completion of major national transport and infrastructure projects, emphasizing high-speed rail networks, major port developments, and green mass-transit systems during an official review meeting in Alamein.

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