Maxim Group has announced a strategic partnership with Elevate Capital, a leader in comprehensive healthcare investments, to establish “Palms Care Healthcare,” with plans to open 45 integrated clinics, Invest-Gate reports.

The first clinic will be launched at Maxim Mall Shinzo, one of Maxim’s premier commercial, leisure, and medical projects.

Moreover, this collaboration aligns with Maxim Group’s vision to expand into the healthcare sector, injecting new investments, enhancing operations management, incorporating advanced technology, and improving service quality. Elevate Capital, known for its expertise in Egypt and Africa’s medical sector, brings essential knowledge and resources to the partnership.

For his part, Sameeh Amer, CEO of Maxim Healthcare, expressed confidence in Palms Care Healthcare’s future, stating, “Palms Care Healthcare will become a key player in the comprehensive clinics sector, equipped with advanced medical capabilities, infrastructure, and logistics.”

Furthermore, Nihal Issa, Chief Marketing Officer at Maxim Investment Group, noted the rapid growth of Egypt’s healthcare sector, driven by increasing demand for high-quality care from both service providers and families seeking reliable medical services. “Our team reached these insights following a thorough study of Egypt’s healthcare sector,” Issa added.

Tarek Moharram, CEO of Elevate Capital and Chairman of Elevate Hospitals and Nile Radiology and Labs, emphasized the partnership’s value, describing Palms Care as a pivotal step in enhancing Egypt’s healthcare system by significantly adding to the country’s medical infrastructure.