The signing ceremony was attended by Prime Minister Mostafa Madbouly and Minister of Health and Population Khaled Abdel-Ghaffar.

According to the MoU, an agreement was reached to transition Dar El Salam-Hermel Cancer Center in Cairo into a branch of the French institute in Egypt.

Another agreement was reached to establish, manage, and operate new specialized hospitals and medical centres, which will pump new investments into the health sector and strengthen the presence of the private sector in the Egyptian market.

The MoU was signed by Mohamed Hassany, the Assistant Minister of Health and Population for Public Health Projects and Initiatives, Tarek Moharram, the Chairman of Elevate Hospital Management, and Rémi Thiolet, the legal representative of the Gustave Roussy National Cancer Institute.

According to the health ministry, the MoU aims to improve the quality and efficiency of public health facilities and to enhance public-private partnerships in the sector.

The MoU also comes in line with the state's vision to sustainably improve and meet the needs of the health sector in Egypt, in accordance with the country's 2030 vision.

Additionally, the two sides agreed to form a series of strategic partnerships, cooperating on capacity-building initiatives and supporting human resources working in health, sustaining Egyptian presidential initiatives in the healthcare sector, and partnering for joint clinical and scientific research.

The two sides will also develop a strategic partnership to train and educate health workers.

On the sidelines of the signing ceremony, Minister Abdel-Ghaffar explained that a joint technical committee would be established with the French side to identify the most effective partnership model for operating health facilities.