Healthcare sector hardest hit by COVID-19, making its development crucial: Bahaa-Eldin

  • Date: 19-Jul-2020
  • Source: Daily News Egypt
  • Sector:Real Estate
  • Country:Egypt
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Healthcare sector hardest hit by COVID-19, making its development crucial: Bahaa-Eldin

The healthcare sector has been the hardest hit by the novel coronavirus (COVID-19) pandemic, making it crucial to look into its further development, according to Ziad Bahaa-Eldin, Managing Partner, Bahaa-Eldin Law Office, in cooperation with BonelliErede

Bahaa-Eldin, who is also a former Deputy Prime Minister, pointed out that it is important to finalise the four main laws related to the sector, namely the medical establishment law, pharmaceutical law, medical profession law, and universal health insurance law. This will address the persisting need to develop the sector so it can handle any further pandemics and similar threats.

His remarks came during the British Egyptian Business Association (BEBA) virtual webinar on Saturday, in which investment opportunities in Egypt's healthcare sector were discussed.

BEBA Chairperson Khaled Nosseir praised the series of webinars held by the association, which stressing the importance of Saturday's discussion on the opportunities available for the healthcare sector's development. This is especially in light of overcoming the current challenges brought up by the coronavirus.

Ahmed Ezzeldine, CEO of Cleopatra Hospitals Group, stated that the Egyptian market is an attractive one for investors, as Egypt has a huge population amongst which chronic diseases are increasing at an alarming rate.

With such an increase in chronic