Egypt: Page 2

Leadership

Follow The Leader: Karim Awad, Group CEO, EFG Hermes

"If you are not flexible enough in a region like this, it will become more difficult to survive."

Finance

We Got Funded: Egypt-Based Elmenus Raises US$10 Million In A Pre-Series C Round

Elmenus has previously raised $1.5 million in a Series A and $8 million in a Series B round.

Entrepreneurs

Dreaming Big: Ahmed Abou Hashima, Founder, Egyptian Steel

This entrepreneur, philanthropist, and politician is on a mission to help transform Egypt.

News and Trends

EFG Hermes Continues Its Longest Streak Of Deals In A Year With Successful Completion Of Its Advisory On The Sale Of Bank Audi S.A.E. To First Abu Dhabi Bank PJSC

The acquisition will see FAB consolidate Bank Audi S.A.E's total assets of EGP85.6 billion (as of December 2020) and its well-established retail and corporate banking operations across a network of 53 branches.

Business News

Egypt Has Seized the Ever Given and Now Wants More Than $900 Million for the Blockage the Ship Caused at the Suez Canal

UK Club, one of the Ever Given's insurers, said that the claim was 'largely unsupported.'

Business News

Large Container Ship Finally Freed From Suez Canal

The 224,000-ton Ever Given had been stuck at the canal for nearly a week, leaving nearly 370 vessels, and billions in trade, at a standstill.

Growth Strategies

Envisioning The Future: In Conversation With Dr. Ahmed Shalaby, President and CEO, Tatweer Misr

Dr. Ahmed Shalaby discusses turning his enterprise's visions into reality.

Entrepreneurs

Egypt's Investment Climate Readiness: A Win-Win Situation

With the rise of the COVID-19 pandemic, global economies faced instabilities and investors were advised to take a step back, yet Egypt, a developing country, was able to thrive.

Growth Strategies

"We Got Funded!" Cairo-Based E-Commerce Platform Brantu Raises Raised An Undisclosed Series A Round Led By Sawari Ventures

Launched in July 2019, Brantu is a mobile-first fashion platform that enables local and global fashion brands to reach Egyptian consumers without the hassles of extended delivery time and additional costs that are often typical of international, cross-border websites.

Growth Strategies

Ashoka Arab World Hosts the WISE Up Online Series To Advance The Concept Of Scaling Deep

The WISE Up Series to amplify the voices and insights of women innovators leading initiatives that scale deep.

Entrepreneurs

We're In This Together: Business Resources, Offers, And More For MENA Entrepreneurs To Get Through The Coronavirus Pandemic

A guide to help the Entrepreneur Middle East community of entrepreneurs, startups, and SMEs navigate a way out of this coronavirus pandemic.

Growth Strategies

Five Ways To Push Your Hospitality Or Events Business Ahead (Even In Our Current Circumstances)

A couple of tips on how to keep your restaurant or events business afloat in the wake of the coronavirus pandemic.

Entrepreneurs

Egypt Startup Vexls Offers Platform To Help Create Designs For An Arabic-Speaking Audience

Vexls is a simple platform that enables non-professional designers to create visual content catered for an Arabic-speaking audience.

Growth Strategies

The Ride Continues: How Careem's Culture Fueled The "Careem Cartel"

Careem alumni are poised to play an active role in helping shape the next wave of technology and entrepreneurship growth in the region.