Al-Sawani Group was established in Saudi Arabia in 1977, and entered the Egyptian market in 2004. One of the foremost fashion retailers in the Middle East, it offers more than 30 international brands. It is the franchise company for Sfera, and operates stores for the Spanish company in Cairo.
An example of franchising success is the Kuwait Food Company, the food-processing arm of the Al Kharafi Group, better known under the brand name ‘Americana.’ The Group owns the largest food company in the Middle East and has invested USD 700 million in Egypt’s food processing industry, the tourism sector (which includes the franchise business segment) and infrastructure projects. Americana is the market leader for franchise business in the Middle East and is the franchisee for KFC, Pizza Hut, Subway, Hardees, and TGI Fridays in Egypt.
The 2004 opening of City Stars coincided with the lifting of the import ban on clothing; it is one of the largest malls in the Middle East and has added a new dimension to the standards and quality of retail shopping in Cairo.
Covering 750,000 m² and established with an investment cost of more than USD 800 million, City Stars is the first integrated urban development project of its kind in the Middle East. The complex, which consists of three international hotels, an integrated shopping and entertainment center, a medical center and office and residential towers, is continuing to attract major international brands ranging from hoteliers such as Holiday Inn and InterContinental to a wealth of North American and European retail brands
Fellow British operator Debenhams opened its first store in Egypt (and also in Africa) in the Alexandria City Centre mall in 2010, offering a full assortment ranging from women's, men's and children's wear to beauty, furniture, electrical and gifts. The store is run by franchise operator Alshaya Retail.
The largest Egyptian automotive supplier by sales revenue, market share and production capacity is Cairo-based GB Auto, which has regional reach in the Middle East and North Africa. It is a holding company for a diversified group of subsidiaries which are involved in the assembly import and distribution of Hyundai passenger cars, and the distribution of imported and locally assembled Volvo Cars, Mitsubishi Motors, Hyundai Motor and Ghabbour commercial vehicles, as well as retail sales of Bajaj two- and three-wheelers.
Amoun Pharmaceutical Company (APC)
APC is one of the leading domestic drug makers in Egypt, with five branches in the country manufacturing human and veterinary pharmaceuticals products and nutritional supplements. Following the sale of two factories to GSK Egypt in the 1990s, Amoun was the first Egyptian drug firm to gain ISO 9001 certification, and now operates a large modern plant in El-Obour City. It was also the first private drug company founded in the country to import and distribute drugs.
APC was established as a drug import and distribution firm in 1976 and currently operates three facilities, which produce cardiovascular drugs, analgesics, vitamins, antihistamines, antirheumatics, gastrointestinal drugs and antipyretics, as well as food supplements. APC exports to 19 countries in Africa, Europe and the Middle East, and has sister companies in the US, Romania, Russia and Kenya. Amoun works as a contract manufacturer for German Merck and Rowa, and French Leurquin, as well as for Sanofi-Aventis (for some veterinary products).
Egyptian International Pharmaceutical Industries Co (EIPICO)
EIPICO started production in 1985 and now claims to be the largest domestic drug manufacturer in Egypt, with a 10-12% total drug market share by volume and nine manufacturing plants in the country. It exports medicines around the world, accounting for 20% of Egypt’s total pharmaceuticals exports. The company also owns majority shares in Egyptian International Ampoules Company (EIACO), which produces some 800mn units annually.
Additionally, EIPICO holds a 30% share in the Saudi Arabia-based ‘Universal for Pharmaceutical Production’, having invested EGP27.7 million. EIPICO has its own R&D laboratories, which are included under its ‘Quality Sector’ category of activities. This category also includes its chemical control and Biotechnology Centre. The Biotechnology Centre was inaugurated in 2001 to produce raw materials, extract useful compounds from natural sources, and to conduct preclinical and clinical trials for drug efficacy and bioequivalence as well as other detailed research using pharmacology. This centre is considered as separate to the operations of the main body of EIPICO, and has its own budget and staff. The drug production facilities are GMP certified, which adds respectability to the company’s standing as an exporter to the EU.
GSK operates in Egypt through its 91%-owned subsidiary GSK Egypt, which employs around 1,500 staff. The subsidiary, established in 1990, principally manufactures ethical drugs, but also markets and distributes other pharmaceuticals products and toiletries. GSK was listed in Egypt in 1985 and has a market capitalization of EGP1.55 billion (USD 266.45 million).
The company has more than USD 100 million of investments in Egypt. According to IMS Health data for September 2009 MAT, GSK ranked first in Egypt, with an 8.7% value share of the market. GSK’s main activities in Egypt are manufacturing, packaging, marketing, selling and distributing GSK products. GSK Egypt also imports and distributes a range of its parent company’s products that are not manufactured in Egypt. In addition, GSK Egypt manufactures a range of products under license from other pharmaceuticals manufacturers.
GSK’s production capacity in Egypt equates to approximately 107 million medicine units per year. The factory, laboratories, warehouse and head office are in El-Salam City, Cairo. GSK Egypt also has scientific and sales offices in Mohandessin, Nasr City, Alexandria, Tanta, Mansoura and Souhag. Company officials claim that about 90% of the subsidiary’s production is sold in Egypt, with the remaining 10% being exported to other MENA markets. This indicates the retention of a significant share of the local Egyptian market.
Medical Union Pharmaceuticals (MUP)
First established in 1984 through the cooperation of the medical professionals syndicates union data, MUP was listed on the Egyptian stock exchange in April 1997 and has since gone on to become one of the largest domestic drug makers in the country with a market share of 4.4% of the domestic market in value terms in 2010. It is believed to produce 60 million units of drugs in various pharmaceuticals forms.
The company predominantly produces generic and licensed drugs with its most important partners listed as Schering Plough and Kline Smith Beecham, although both of these two companies have since merged and no longer exist under these names. According to its 2010 annual report the company’s biggest shareholder is the Arab Company for Drug Industries and Medical Devices (ACDIMA) which holds 40% of the company’s shares. The next biggest shareholder is the Industrial Investment Company which holds around 10% of the company’s equity.
MUP’s sales grew from EGP456.5 million (USD 77.4 million) in 2005 to EGP780.9 million (USD 131.5 million) in 2010 at a CAGR of 11.3% in local currency terms. In the same time period, net profit doubled from EGP84.2 million (USD 14.3 million) to EGP167.1 million (USD 28.1 million).
Originally established in 1939 as the first pharmaceuticals company in Egypt, Misr Pharmaceutical Industries is one of the government-owned pharmaceutical firms in Egypt, and part of Holdipharma. Misr exports to a number of countries in the region, as well as in Africa and Romania in Europe. The company employs around 1,750 individuals.
Misr is engaged in production and wholesale trade in pharmaceuticals, as well as some research and development of new drugs. The company mostly produces medicines in a powder, syrup, ampoule and tablet forms, although some of its output is generated as creams and vials. Most sales are in the human medicines segment, with animal health representing the remainder.
Novartis operates in Egypt through its subsidiary Novartis Pharma, established in 1962. It is based in Cairo and manufactures, markets and sells patented pharmaceuticals, OTCs, generics and animal healthcare products. Leading product areas are analgesics, cardiovascular treatments and ear, nose and throat preparations. Novartis employs approximately 1,120 individuals.
Novartis posted USD 44.3 billion in global net sales, up from USD 41.5 billion achieved. Sales of Voltaren (excluding OTC sales) reached USD 797 million, up by 1% y-o-y in local currency, driven by solid performance in emerging markets, including those in Africa.
Pfizer, the world's largest pharmaceuticals company, operates in Egypt through its 100% owned subsidiary Pfizer Egypt. The company was established in 1961 and was one of the first foreign-owned companies to commence operations in Egypt. It now employs around 800 people. The company specializes in manufacturing and distributing chemicals, pharmaceuticals and animal health products. Its main pharmaceuticals product areas are antibiotics, cardiovascular preparations, anti-allergy treatments and anti-infectives. Pfizer recently acquired compatriot Wyeth, which also has operations in Egypt. The company deals in prescription and consumer health products.
Sanofi-Aventis is among the five largest pharmaceuticals companies in Egypt. It operates in Egypt through its affiliate, Sanofi-Aventis Egypt, which operates a plant and four offices in the country, employing more than 800 people. The company’s manufacturing capacity is 50 million boxes and 20 million packs per annum. The company markets the following medicines in Egypt: Plavix, Aprovel (irbesartan), Tritace (ramipril), Actonel (risedronate), Depakine (sodium valproate), Amaryl (glimepiride), Lantus, Eloxatin (oxaliplatin), and Taxotere (docetaxel), among a number of other products. Sanofi- Aventis has also provided the vaccines used in mass polio immunization programmes in the country.
South Egyptian Drug Industries (SEDICO)
SEDICO started production in 1990 and its facilities are GMP (Good Manufacturing Practice) certified. The company manufactures a variety of insulins, in addition to the non-traditional dosage forms such as the soft gelatin capsules, lyophilized products, gels, sprays and effervescent tablets. Products launched in the first quarter of 2007 include magnabiotic injections (amoxicillin and clavulanic), bromurex and ultracillin vials. The company focuses on generics, but also has three patented medicines – all skin treatments containing Jojoba oil as the active ingredient. The 24% share of SEDICO is owned by Akzo-Nobel’s Organon, one of the companies for which SEDICO provides contract manufacturing services. SEDICO is engaged in the production of some biotechnology products, in partnership with foreign players.
VACSERA (Holding Company for Biological Products & Vaccines) is a vaccine producer, comprising five subsidiaries, and manufactures blood and biotech treatments as well as being the sole local producer of a variety of vaccines. The company also has a solid R&D infrastructure. Business Monitor International estimates its annual revenue to be in the region of USD 45-65 million.
Arma was established as a result of HSA's vast experience for more than 25 years in the manufacturing of vegetable ghee and edible oils. Arma is now considered one of the leading industrial groups in Egypt that offers reputable high quality products in the Middle East and several other regions.
Arma's initial business was focused on producing vegetable ghee and edible oils products for the Egyptian market. As years passed, Arma developed new markets in the Middle East, Africa and the Mediterranean countries.
Arma Group consists of Arma Food Industries (AFI), Arma Oil Industries (AOI), and Arma Soap and Detergents (ASD).
Arma Group possesses the highest market share of corn oil sunflower oil market in Libya, Egypt, and Sudan.
In the present era and within the challenging world of business and competitive markets, it became a challenge for all companies and organizations to form rational structures and solve the equation of being profitable, yet bring the consumer upfront and consider as the end in mind …
From that perspective, and with a clear objective of adding value to customers whether businesses or individuals, and to deliver products and services that stand out of the crowd with highest quality and service levels in various and diverse fields of business, amongst Manufacturing, Trading and Service, EgySwiss Holding Company was formed as a conglomerate allying four prosperous companies in their respective fields, EgySwiss Food Company, Egyptian Company for Food Industries and Cooling , Egyptian Company for investment and Slaughter Houses, and EgySwiss Trading Company summing up years of experience in the local, regional as well as international market for the benefit of the consumers, business partners and other parties in the areas the Holding Company operates in.
Farm Frites-Egypt (The International Company for Agricultural Development), is an Egyptian, Kuwaiti, and Dutch joint venture, established in 1988 as a closed shareholding Egyptian company.
Farm Frites International has dedicated itself to an ongoing program of specialized development in the breeding, selection, processing and packaging of potato products. Farm Frites- Egypt is one of many Farm Frites plants all over the world, and is involved in a major potato farming operation; the biggest of its kind in the Middle East
Halwani Brothers Egypt is a leading food manufacturer in both Egypt and the Middle East known for its high-quality processed food products. Established in Saudi Arabia in 1952, Halwani Bros. opened its Egyptian subsidiary in 1970, which currently employs more than 1,000 skilled workers in its factory in Tenth of Ramadan City in the Greater Cairo area.
Having established itself on the local market, Halwani Bros. now exports to the USA, Canada, Australia, Europe, Africa, Japan and the Gulf. The company produces processed meat products, jam, juice, rice and frozen strawberries, with a total annual sales volume of up to US$ 50 million.
Regina Pasta and Food Industries
“Al Masreyah” Macaroni & Starch was founded in 1986 and operates under law number 43 of the year 1974. The company’s main activity is to produce high quality pasta with all its forms and types using best qualities of semolina (durum wheat).
The firm initially operated under the brand name Masreya, but due to the intense competition it did not yield optimum profits considering the magnitude of investment. In 1993, an amazing turnover occurred by launching a new brand name "Regina"
Regina Company for pasta and food industries is a 20 year joint stock company. The company produces high quality pasta for different consumer segments and has managed to locally become a market leader. In addition, it exports pasta products to more than 25 countries worldwide.
Seeking the synergies of vertical integration, the company owns the majority stake in a milling company, Regina for Food Industries, which exclusively provides the company with principal raw materials. This mill is specialized in the production of semolina, flour, bran and other related products.
The production process starts with buying 100% pure durum wheat; then extracting and storing semolina to pass through mixing, shaping and drying stages to produce tasty pasta. This pasta is carefully inspected, packed, moved to the warehouse, where best storage conditions are ensured.
Tetra Pak is one of three companies in the Tetra Laval Group – a private group that started in Sweden. The other two companies are DeLaval and Sidel. Tetra Laval is headquartered in Switzerland.
Tetra Pak began in the early 1950’s as one of the first packaging companies for liquid milk. Since then, it has become one of the world's largest suppliers of packaging systems for milk, fruit juices and drinks, and many other products. In 1991, Tetra Pak expanded into liquid food processing equipment, plant engineering, and cheese manufacturing equipment. Today, it is the only international company in the world able to provide integrated processing, packaging, and distribution line and plant solutions.
Since the start in 1951 it provides the best possible processing and packaging solutions for food, Operating in more than 170 markets with over 20,000 employees, for 50 years it has been involved in school milk and school feeding programmes around the world. The Food for Development Office (FfDO) works in close partnership with governments, development agencies, NGOs, local dairies and farmers.
Since its beginnings as a 30-hectare olive grove in 1986, Wadi Food Industries now has 930 hectares devoted to the production of organic food products, including olive products, sauces, vinegars and fresh produce.
With more than 100 healthy and high-end products, the company is the proud supplier of olive oil and table olives to Egyptian five-star hotels and restaurants. The company has become a leading exporter of olive products to Canada, the USA, Europe and several MENA countries.
In 2005, the company received the HACCP International Food Certificate for its extra-virgin olive oil, and it received the distinguished Organic Agriculture Certificate, declaring all Wadi Food farms to be fully organic and all Wadi Food products 100% free of fertilizers and pesticides. It has been ISO-certified since 1999.
Cairo International Airport
Located at the crossroads of Africa, the Middle East, Europe and the Persian Gulf, Cairo International Airport is located to become the gateway to Africa, the Middle East and a regional hub for millions of visitors to Egypt. The Ministry of Civil Aviation along with the Egyptian Holding Company for Airports & Air Navigation and the Cairo Airport Company have embarked on a long-term development plan to upgrade and modernize its facilities, increase its capacities and set a new standard of service in the region. Cairo Airport's mission is to become a passenger and cargo hub for the Middle East North Africa region (MENA).
The plan is to achieve the top levels of service by rising to global competitive levels and gradually applying air transport liberalization policies. Part of the airport's strategy includes working closely with Egypt Air, which joined the Star Alliance group, as well as its partner airlines. The openings of the 211,000 m2 Terminal 3 doubled the capacity of the current facilities to 22 million annual passengers.
EGYPTAIR is the world-renowned national airline of Egypt, based in the cosmopolitan city of Cairo. It started operating on the 7th of May 1932 as the first airline in the Middle East and Africa and the seventh in the world to join IATA and become a treasured brand. Throughout its 80 years of service, EGYPTAIR has experienced significant growth.
EGYPTAIR HOLDING Company has a highly reputable and advanced Training Centre which provides training programs in various fields for EGYPTAIR companies and other international companies. Furthermore, EGYPTAIR Training Centre includes the latest flight simulators in the Middle East. On the 11th of July 2008, EGYPTAIR officially became the 21st member of Star Alliance. EGYPTAIR is the nation’s flag carrier and will strengthen the alliance network throughout Africa and the Middle East.
EGYPTAIR CARGO established its 1st cargo terminal in May 1981. Since its foundation, EGYPTAIR CARGO has been on the forefront of transporting and handling of general and special cargo. In September 1991 another cargo terminal at Alexandria International Airport was established with a capacity of 20,000 tons / year to better serve the northern region of Egypt. Both terminals are connecting their operations through a surface transportation in addition to the domestic flights.
In February 2006 another cargo terminal at Luxor International Airport was established sharing 50 % with The Egyptian Company for airports with a capacity of 20,000tons / year to better serve the southern region of Egypt.
EGYPTAIR CARGO fleet is composed of four medium range wide body aircrafts “two A300B4F and two A300-600F”, the bellies capacity of "EGYPTAIR AIRLINES" planes are a significant capacity added to EGYPTAIR CARGO capability, allowing it to fly and to serve more than 70 scheduled international destinations in the major cities in USA, Canada, Europe, Africa, Gulf area and Far East, and in addition, provides the capability to operate charter and ad-hoc freighter flights.
EGYPTAIR CARGO now boasts a team of more than 1400 employees serving more than 40 international airlines and more 80 cargo agents. EGYPTAIR CARGO is expected to double its storage capacity within the next two years as EGYPTAIR CARGO has a significant role in developing and in succeeding to operate Cairo international airport as a HUB airport.
EGYPTAIR CARGO has extended their business to include the managing and operating of other related projects like the Perishable Center at Cairo Int’l Airport in conjunction with the HEIA (Horticulture Export Improvement Association) Community.
On the other hand, a memorandum of understanding (MoU) has been signed between Port Said Container & Cargo Handling Co (PSCCHC) - part of the state-owned Holding Company for Maritime Land Transport – and the United Arab Shipping Company - UASC. The deal will see the PSCCHC provide 75% of the funding for the USD680mn project, with UASC providing 20%. The remaining 5% will come from an Asian company. The new container terminal will consist of a 1,200m quay, with the capacity to expand this further by another 450m. The terminal will boast a draught of 17m and will be equipped with 12 ship-to-shore cranes. The facility will have a capacity of 3mn TEUs.
GB Ghabbour Auto is the leading player in the automotive industry in Egypt with a dominant market presence. The company’s business is focused on automotive assembly, manufacturing, retail & distribution, financing and after-sales services, including vehicle servicing and related products.
The company has expanded rapidly in recent years with a clear strategy for becoming a fully integrated value chain automotive business, as well as providing transportation solutions in Egypt and the MENA region. Its business portfolio currently comprises mainly of six business units that cover every aspect of the automotive market: passenger cars, two and three wheelers, commercial vehicles & construction equipment, tires, lubricants, and financing businesses.
GB Ghabbour Auto enjoys long and solid partnership with leading global brands such as Hyundai, Mazda, Geely Emgrand, Chery, Bajaj, Marcopolo, Karry, Iveco Chassis, Volvo, Fuso Mitsubishi, SDLG, AKSA, YTO, SINO, Lassa, Yokohama, Westlake, Triangle, Diamondback, Grandstone, Goodyear, and Gazpromneft, with more to follow as part of its expansion drive.
Its financing line of business includes GB Lease (financial leasing), Mashroey (asset-based lending to eligible microfinance clients), Drive (factoring), Haram Tourism Transport (car rental on a quasi-operational leasing basis), and Tasaheel (microfinance).
Kuwait and Gulf Link Ports International (KGL PI) is a subsidiary of Kuwaiti transport giant KGL. In 2006, KGL PI signed a 40-year concession agreement with Damietta Port Authority (DPA) to build, finance and operate a US$1 billion container terminal in Damietta. The first phase is partially complete and operating, with a current annual capacity of 5.6 million tons of mostly grain, flour, other bulk goods and general cargo. By mid 2011, the terminal throughput capacity will reach 2.5 million TEUs per year. By mid 2016, it will increase to 4 million TEUs per year.
Taking full advantage of and adding more benefits to Damietta’s already strategic location, the new container terminal will give the Nile an inland container depot for barges and other container ships arriving as feeders to mother ships waiting at Damietta Port. Specialized in transport, off-loading, stevedoring and the handling of various types of cargos, KGL PI has established relationships with its customer shipping lines and with ship owners recruited as shareholders and partners in KGL PI ventures and projects. The combined expertise of these partnerships allows the operators to maximize the terminal’s efficiency and productivity.
The new facilities are expected to handle some of the largest container ships traversing the Mediterranean, significantly lowering operating costs and sailing time for transshipment activities. KGL PI expects an internal rate of return of more than 15% per annum throughout the duration of the contract.
Founded in 1996, Leader Group is a freight forwarding and shipping agency with a total of five offices in Alexandria, the Greater Cairo Area, Port Said and Damietta. In 2007, the Alexandria based agency was fully acquired by the multinational integrated supply chain solutions company Agility. Aiming to provide more comprehensive service to its Middle East customers, Agility was attracted by Leader Group’s extensive experience in customs clearance, haulage, sea and air freight, project logistics and shipping agency services.
Agility, with an extensive network of 550 offices in 100 countries, specializes in flexible supply chain solutions tailored to meet individual business needs, supported by a comprehensive network of warehousing facilities, transportation and freight management services. Agility customers span a range of industries from technology and retail to defense and government and oil and gas.
Egyptian Transport & Commercial Services SAE
Founded in 1973, (Egytrans) runs freight transport and integrated forwarding services. Its activities cover: sea freight, airfreight, land transport, specialized cargo, packing insurance, and warehousing and customs clearance. Egytrans issues its own bills of lading and can provide international track and trace services through an alliance with Germany's Schenker Logistics, its worldwide partner in air and sea services. Land transport is handled by the company's own fleet of trucks and trailers. Egytrans acquired Egyptian Transportation & Logistics (ETAL) in 2001.
The company has more than 350 employees and 8 branch offices in Egypt, its revenue rose 6.5% from EGP134.37 million to EGP143.11 million, while net profits climbed by an even greater margin, rising 15.1% from EGP10.64 million to EGP12.25 million. About 48% of revenues were generated by the company's Alexandria operation.
Mediterranean Shipping Company (MSC)
Founded in 1970 in Geneva, Switzerland. MSC launched its first service between the Mediterranean and South and East Africa in the mid-1970s. In 2003 it became the second largest container shipper in the world, and remains in that position. The carrier operates 200 direct and combined services weekly, calling at approximately 335 ports. It has 421 offices in 145 countries and employs more than 30,000 staff.
National Navigation Company
National Navigation Company was established in 1981 to implement the strategy adopted by the Egyptian government aimed at developing the Egyptian commercial fleet by giving the opportunity to companies and individuals to own commercial vessels without a maximum payload.
National Navigation Company is considered the largest shipping Egyptian company specialized in shipping dry cargo among the world’s largest ports. It is also responsible of conducting regular liner lines for vessels owned or chartered for shipping general cargo among ports in Northern and Western Europe, the Adriatic, the Black Sea, and the Mediterranean Sea. This is in addition to regular passenger transport among ports of Suez, Safaga, Jeddah and Yanbu.
Smart Aviation is a joint stock company launched operations on The 3rd of May 2007 under the umbrella of the Ministry of Civil Aviation. It started its Medical Evacuation (MedEvac) activity with a Dual-Patient System from and gradually added.
Air Ambulance Services using Cessna Citation Aircraft. VIP Flight Services using 10 seater Cessna and 8 seater Beach Craft. Commercial Scheduled and Charter Operations using Q400 74 seater Aircrafts.
Egyptian General Company for Tourism and Hotels (EGOTH)
Belongs to the Egyptian government through 100% ownership by the Holding Company for Tourism, Hotels & Cinemas (HOTAC). Among the company’s hotel business are branded international establishments such as Marriott, Oberoi Hotels, Sofitel and Mercure. In Q311, EGOTH property included 14 hotels throughout the country (Luxor, Cairo, Giza, Alexandria and the Red Sea) and one Nile cruiser. The group’s hotel capacity amounts to approximately 3,750 rooms. The company shares in 18 joint ventures operating in the fields of tourism, hotels and tourist development. EGOTH also owns plots of land at prime locations in Cairo, Luxor and Hurghada, allocated for hotel and tourism development projects
Established in 1976, is a premiere travel agency and destination management company operating travel services, cruises, transportation and airlines divisions. Emeco Travel is general sales agent for leading airlines including American Airlines, Air Malta, Korean Air, Malev Hungarian Airlines, South African Airways and TAP Portugal. Emeco also offers a diversified transportation group offering solutions ranging from 5-passenger vehicles to 50-person buses.
Emeco Travel is a leading travel company in Egypt, offering comprehensive travel services to individuals, groups, and corporations. In the 35 years since its inception, Emeco established itself as a pioneer in introducing incentive travel to the region. Since then it has expanded to become the premier travel organization and Destination Management Corporation in Egypt.
Emeco is revolutionizing the Egyptian travel and tourism industry, the company aims to provide world-class services and outstanding value for money, backed by the experienced staff and high-technology infrastructure.
Golden Pyramids Plaza (City Stars)
Established in 1991, Golden Pyramids Plaza SAE is an Egypt-based company engaged in the fields of entertainment and hospitality facilities management. The Company operates through managing CityStars Heliopolis Cairo entertainment complex, which is situated in Nasr City, and consists of three international hotels, namely InterContinental Cairo Citystars, Holiday Inn Cairo Citystars and Staybridge Hotel; shopping and entertainment centers; office buildings; residential towers, and a medical center.
Established in 1934 by the great Egyptian economist Talaat Harb, to be first and oldest travel company in Egypt and the Middle East. Throughout that period Misr Travel has been managed by a long line of influential economists and politicians.
Misr Travel is recognized, world-wide, as the most important leading travel company in Egypt. Offering a full service Destination Management Company specialized in inbound to Egypt as well as Outbound to any worldwide destination. As well as assisting with any request, to ensure that both a comfortable and memorable stay is secured for all guests.
Incorporated in 1995, Remco for Tourism Villages Construction Company (RTVC) is the flagship of the Remco Group of Companies ( REMCO ). RTVC has been a publicly traded company on the Egyptian Stock Exchange since 1998 and its current paid-up capital exceeds LE 2.3 billion.
Orascom Hotels & Development
Orascom Development Holding AG (Orascom Development) is a leading developer of fully- integrated towns that offer hotels, private villas and apartments, leisure facilities and supporting infrastructure.
Currently, the Group manages six operating destinations: El Gouna, the flagship project on the Red Sea Coast in Egypt, Taba Heights in the Sinai Peninsula, Haram City, a budget housing town on the outskirts of Cairo
Furthermore the Group has eight destinations under development including Amoun Island, Fayoum, Makadi and Qena Gardens in Egypt
The group operates a total of 29 hotels with 6,654 rooms and controls a land bank of approximately 105.8 million m².
Incorporated in 1995, Remco for Tourism Villages Construction Company (RTVC) is the flagship of the Remco Group of Companies (REMCO). RTVC has been a publicly traded company on the Egyptian Stock Exchange since 1998 and its current paid-up capital exceeds LE 2.3 billion.
- 99.93% of Egyptian Tourism Village Construction (ECTV)
- 99.96% of Orient Tours for Hotels and Tourism Villages (OTHV)
- 99.94% of Tourism International Company (TIC)
- 98.70% of Remco for Real Estate Construction (RREC)
- 97.38% of Pharaonic Trading & Contracting Company (PTC)
- 97.38% of Empain Tourism Investments Company (ETIC)
- 98.70% of Scandinavian Tourism Development & Investment Company (STDIC)
The eight companies form Remco Group ( REMCO ) whose portfolio of projects is well diversified and includes resort complexes that usually comprise hotels, commercial areas and housing units as well as residential complexes.
REMCO acquires plots of land, designs the development, sells individual units and retains ownership of public areas such as hotels, landscaped areas, beaches and communal swimming pools, roads, water and sewage treatment plants.
REMCO maintains and safeguards the development after delivery of the units to their owners. Its projects are located in the Greater Cairo area, on the North Coast of Egypt and on the Red Sea Coast.
Egypt's leading travel and Tourism Empire - a success story thirty years in the making. Travco's monumental journey began three decades ago. Over the years, Travco has grown into a travel, tourism and hospitality empire offering a multitude of facilities and services across Egypt and the Middle East. The group's strong presence owes itself to a history of service excellence, a far-reaching network of partners, forward-thinking vision and a global business outlook.
Today, the group owns and operates the country's largest fleet of Nile cruise ships; an extensive collection of hotels and resorts; mega-real estate developments offering high-end summer residences and resort experiences; and a myriad of ground, sea and air transportation services.
Having reached the climax of success in the domestic travel market, Travco now looks towards the region and the world. The strategy for the years to come will continue to build around extending the reach of the group's network of products and services as well as establishing a strong presence in the world's travel, tourism and hospitality market. In short, the group's pioneer spirit of constantly developing new destinations and offering a diverse range of services will continue on well into the future.
Egyptian Resorts Company (ERC)
Egyptian Resorts Company (ERC) is a specialist developer of international-standard integrated resort communities. It is listed on the Egyptian Exchange. As of 2013, the company has one main project, a huge multi-use complex at Sahl Hasheesh. The company's success is derived from selling off small portions of land from its land bank with pre-determined use. Much of the land is designated for hospitality purposes. The company is focusing on investment in the infrastructure of its current venues and is reportedly preparing for a return to more usual levels of occupancy. This preparation includes opening offices in Moscow, Qatar, Dubai, Bahrain and Saudi Arabia, to generate foreign interest in the Egyptian projects. Its major project, Sahl Hasheesh, is an enormous area including office parks, schools, hospitals and all manner of tourism related properties. The first phase is fully sold already and the second is under way.
The latest financial results refer to Q1. 13, the net revenues EGP5.9 million.
Slums: Egyptians can’t still live in 6.5% of their country's area, noting that the Egyptian Rural population reached 43.9% of total population, And Urban Population reached 56.1% of total population by 2013. And rural area still is a drive out center of population who migrates to urban areas and lives with its poor people in the cities, till if it becomes too narrow, they build slum areas around cities and live in it.
A Dubai-based Public Joint Stock Company operating in Egypt under its subsidiary Emaar Misr for Development S.A.E. Emaar is a global property developer and provider of premier lifestyles and also the largest foreign direct investor in Egypt’s real estate sector with an investment portfolio of EGP 43.3 billion (AED 29.27 billion, USD7.97 billion). Its most notable projects include:
1) Marassi: a Mediterranean-styled development close to Alexandria and a few miles away from the historic city of El Alamein along the magical shores of Sidi Abdul Rahman bay. It’s a network of lagoons line townhouses and luxury resorts with up to 3,000 guest rooms, while a bustling community centre fosters a thriving sense of community living.
2) Mivida: an upscale residential community, near the new campus of the American University in Cairo. Nestled within the fifth district of New Cairo City, this new development of around 5,000 luxury homes unfolds on nearly 3.8 million m² of gently rolling landscape.
Saudi Egyptian Construction Company (SECON)
The Saudi Egyptian Construction Company (SECON) is an Egyptian joint stock company, established in 1975 according to an international agreement between Egypt and Saudi Arabia. The company's USD 50 million capital was paid equally by the Saudi Arabian and Egyptian governments. The company invests in real estate and construction in Egypt.
Projects include residential and commercial buildings, utilities and services in Cairo, Alexandria, Mansoura and Assyout.
1) Reliable timely data for SECON is not readily available and the company does not publish financial information regularly. However, the website lists five current projects, all described as 'integrated residential districts'; the gated communities it is building on the outskirts of Cairo. They are El-Amal Housing Project, Zahrat El-Obour Project, Zahrat Assyout Project, Fifth Compound Zahra Project and Lake Dream.
2) The largest is the Fifth Compound of the Zahra Project. The company says the project is an important one, reflecting 'the state's efforts to expand the development of new urban communities'. It consists of 288 villas and is under construction, with the first phase of 112 villas completed. The project value is reportedly some EGP400 million.
SODIC was incorporated in 1996 as a public joint stock real estate development company and is emerging as Egypt's fastest growing real estate development company.
SODIC directly employs 1,965 people and indirectly employs another 6,985 on its projects. The company's total investment budget for 2011 is EGP1.2 billion, to be spent on Egyptian contractors, raw materials, designers, consultants and advertising agencies.
SODIC’s projects :
1) Beverly Hills: was one of the first ever large scale residential compounds to be developed in Sheikh Zayed City, off the Cairo-Alexandria Desert Road. With over 1,800 villas and apartments, Beverly Hills has become a sought out address in west Cairo. As a result, property value in Beverly Hills has more than doubled in the past six to 12 months. Beverly Hills, SODIC’s first venture, is a 1.75 million square meters mixed-use residential and commercial development that generated over EGP 1 billion in revenue for the company.
2) Kattameya Plaza: Located in the heart of New Cairo on 126 thousand m² It marks a new standard in contemporary apartment living. Kattameya Plaza is designed and master-planned by ArchGroup - the distinguished firm that designed the Grosvenor House in Dubai, and landscaped by Greenscape. The project is an investment of EGP 334 million.
3) Allegria: Located in Sheikh Zayed City, off the Cairo-Alexandria Desert Road on 24.3 million m². The master-plan for the project was designed by the world renowned New York-based firm EDAW, which won an award of merit from the American Society of Landscape Architects (ASLA) for their work on Allegria. The project has also received two CNBC Arabian Property Awards in 2008, for Best Development and Best Golf Development in Egypt. The project is an investment of EGP 2.5 Billion .
4) Eastown: To the east of Cairo lies EASTOWN, the bustling town centre of New Cairo and Kattameya. EASTOWN comprises of 860,000 m² of land and has a built up area of 920,000 m². It will include 1,600 residential units, 1,000 'Class A' offices, 2,000 boutiques and retail outlets and up to five hotels.
In June 2013, the company's main projects included: Allegria, Beverly Hills, The Strip, Forty West, The Polygon, Westown Residences, Eastown and Kattameya Plaza.
SODIC reported full year revenues of EGP1.425 billion, if which EGP1.4 billion was derived from rental income. Net profit for the year of EGP257 million, a massive improvement on the EGP193 million loss of 2011.
Talaat Moustafa Group (TMG) Holding
TMG Holding is the holding company for the Talaat Moustafa Group, which was founded in the early 1960s by the eponymous family. It is listed on the Egyptian Exchange. It is by far the largest listed developer in the country.
The company claims to be the first developer in Egypt to identify the need for integrated modern communities. It notes that it competes to serve the needs of the upper and middle classes through a wide range of residential designs; flexible phasing of development; provision of alternative financing schemes. TMG Holding also claims to be a pioneer in the development and construction of luxury hotels and associated tourism infrastructure.
1) TMG's hotel and resort business includes real estate/hotel projects in Cairo (Nile Plaza, of which construction began in 1995), Sharm el-Sheikh (1996) and San Stefano in Alexandria (1998). Four Seasons manages the hotels and resorts on behalf of TMG. It also includes the Four Seasons resorts at Luxor and Masa Alam. TMG's city and communities business runs developments on the eastern side of greater Cairo (May Fair, Al-Rehab and Madinaty), on the western side (Al-Rabwa) and on the coast to the west of Alexandria (Virgenia Beach and Al-Rawhda al-Khadra). Over the medium term TMG hopes to generate 40% of its revenue from Saudi Arabia and to expand its landbank in that country to 15 million m².
2) Madinaty: Madinaty is the largest purpose-built city in Egypt and will ultimately have 600,000 residents and will be more than 16.6 million m². Development began in 2006 and is expected to be completed in 2026. The new city will include 15 schools, a university, eight hotels and associated commercial developments, office parks and a hospital. The legal dispute concerning land has slowed sales at the USD 3 billion Madinaty residential project.
3) Al Rehab II: An extension to TMG's flagship Al Rehab I project, which was opened at the end of 1996. The BUA to be developed amounts to over 2.5 million n m2. On completion in 2017, it will be home to 80,000 residents. The project includes four schools, seven mosques, a church, an office park and two shopping malls. Al Rehab I has been nearly completely sold.
4) Nassamt Al-Riyadh: In Saudi Arabia's capital. It is 50% owned by TMG. The BUA to be developed amounts to 1.2 million m². The project includes a medical centre, a shopping mall, mosques and a sports club.
The latest available financial data is for the third quarter of 2013:
■ Total revenue of EGP24mn
■ Net Profit after tax of EGP17mn.
Is a leading international telecom company operating in 15 countries around the world. Egypt is one of the countries where operation was launched in May 2007 as the first 3.5G operator. Etisalat’s entry to the Egyptian market ushered in a new era for the telecom industry.
Today, Etisalat Misr’s 2G and 3G robust and high quality network covers and serves 99% of the population in Egypt. Moreover, Etisalat Misr is the first and the only operator in Egypt that has an exclusive international gateway and its customers enjoy competitive international rates to all destinations around the globe. In order to complete Etisalat Misr’s product portfolio, two well-established ISPs (Internet Service Providers) were acquired and provide broadband services to customers while at home and while on the move.
Likewise, Etisalat Misr is an active corporate citizen, taking every opportunity to engage in many social activities to serve the various groups of the Egyptian society.
Global Telecom Holding began as Orascom Telecom Holding (OTH), a member of the Orascom group of companies established in 1976. Orascom initially entered the field of information technology and telecommunications by trading and distributing equipment in Egypt. It eventually became the market leader acting as a regional representative for the most important names in this sector including Microsoft, Hewlett Packard, Compaq, IBM, Lucent Technologies (AT&T), Oracle, and Novell.
Orascom continued to build upon its solid foundation in 1994 by acquiring an interest in Egypt's first internet service provider, InTouch, marking its first step in offering services. As the communications sector in Egypt began to be privatized in the following years, Orascom continued to add more service companies to its portfolio. It participated in a joint venture that was awarded Egypt's first license for VSAT technology as well as acted as a lead member of the consortium formed to create Egypt's first private telephone network.
In 1997, Orascom Telecom Holding (OTH) was established as a separate entity to consolidate the telecommunications and technology interests of the Orascom family of countries led by its controlling shareholders the Sawiris family. The new organization quickly proved itself as an IT and telecom leader by becoming Egypt's only company to hold licenses in all three privatized sectors: wireless, fixed-line payphones and VSAT.
Throughout the following decade, OTH grew and expanded its portfolio of investments to include telecommunication services in promising markets throughout Africa, Asia, Europe, North America, and the Middle East. In 2012, OTH merged with Vimplecom Ltd, creating Global Telecom Holding and the world's sixth-largest mobile telecommunications provider by number of subscribers with more than 86 million customers.
ITWorx is a global software professional services organization. Headquartered in Egypt, the company offers Portals, Business Intelligence, Enterprise Application Integration, and Application Development Outsourcing services to Global 2000 companies. ITWorx serves Governments, Financial Services firms, Educational institutions, Telecommunication operators, and Media companies in North America, Europe, and the Middle East.
ITWorx has partnered with Magic Quadrant technology vendors - Microsoft, Vignette, IBM, Oracle, MicroStrategy, Informatica, Ounce Labs, and Intel. We leverage these partnerships, our global delivery model capability, our ISO 9001:2008 and CMMI level 3 certified processes, and model-driven development tools to extend our customers IT organization; augmenting it with agile, high quality, productive capabilities, technology competences, and vertical industry
know-how. ITWorx engagement model is based on forging long term strategic partnership relationships with its customers. It has thus since 1994 amassed a list of industry-leading Fortune 500 repeat customers the likes of United Technologies, Microsoft, Vodafone, and Mellon Bank.
LINK Development, an OTVentures subsidiary, is a leading Technology Solution Provider in the Middle East and Worldwide. Founded in 1996, the company now operates through offices in Egypt (HQ), UAE, KSA, Qatar, Italy and Canada. the company provides a wide range of solutions and services including Internet & Intranet portals, E-services Automation, E-commerce, Enterprise Integration, Microsoft Dynamics CRM & ERP, Mobile-based solutions, and Infrastructure solutions.
LINK Development’s client portfolio includes Fortune 500 companies in the region such as Microsoft, Intel and Pfizer in addition to leading governments as well as regional and multinational businesses and many more.
With a 250+ strong force of young certified professionals, LINK Development boasts best of breed team of developers, designers, architects, project managers and quality engineers. Being a Microsoft Gold Certified Partner, the highest level of partner certification from Microsoft, the company has positioned itself at the forefront of the industry in the region. LINK Development also acquired both ISO 9001:2000 certified and CMMI level 3 accreditation.
TE Data was established in 2001 by Telecom Egypt to function as its data communications and Internet arm. TE Data was awarded a Class A license, from Egypt's National Telecommunications Regulatory Authority (NTRA), which allows TE Data to build its own national network, and operate its international data gateway.
The company is the Internet Service Provider market leader in Egypt with a DSL market share of more than 60% ending 2010. Currently, with operations in Egypt and Jordan and ambitious plans in other parts of the MENA region, TE Data's portfolio includes narrowband and broadband Internet access services, managed dedicated Internet access services, IP VPN connectivity services, and global connectivity services. TE Data's portfolio of services covers the communications needs of all whether consumers, small and medium enterprises, large corporations, and Internet Service Providers. TE Data service’s purpose is to cater for everybody's needs online.
In1998, Vodafone Egypt (Ex. Misrfone Telecommunication Company/Click GSM) entered the Egyptian telecom market as the second operator; a consortium between Vodafone international, Air Touch, and local/ international partners.
In January 2002, Click GSM was rebranded to Vodafone Egypt. Since 2007, Vodafone Egypt’s shareholders structure consisted of Vodafone Group with 54.93% ; Telecom Egypt with 44.94% and a minority free float of 0.13%.
2006 witnessed another important step as Vodafone Egypt launched its off-shore operations under the name of Vodafone International Services. This subsidiary is dedicated to outsourcing business processes and IT services for Vodafone operators and beyond. Both its Business Process Outsourcing and Information Technology Outsourcing business units have seen success year after year with over 2,200 employees who collectively speak ten different languages to provide world class customer and technical support for customers in 80 countries.
Vodafone Egypt has grown over the years to become the leading mobile operator in Egypt, not only in revenue share but also to become the number 1 mobile operator in Egypt with the largest customer base. Vodafone proudly serves more than 36.3 million customers (December 2011) offering the most advanced technology for its customers, the best working environment for its 6,500 employees and the strongest corporate responsibility initiatives for the community.
Vodafone Egypt reputation and the value of its brand are built on Vodafone’s global commitment to responsible, ethical and honest behavior within the communities in which it operates. Since its inception, corporate responsibility was an integral part of Vodafone Egypt’s operation in Egypt. To further expand the impact of Vodafone’s corporate responsibility initiatives, Vodafone Egypt Foundation was established in 2003, as a corporate foundation donor, supporting NGOs and civil society organizations to implement developmental project in the areas of health and education for children, community development, the usage of mobile technology for development and access to communications.
Xceed is a rising star of quality, multilingual contact centers and Business Process Outsourcing services provider. With a total capacity of 2000 web-enabled multi channels, Xceed manages various outsourcing programs with commercial and governmental clients worldwide. Our core objective is to deliver superior quality and value to our clients in every aspect of the CRM cycle.
Xceed has the competence to execute complex project ramp ups for large organizations with an uptime of 99.9% through leveraging its multi site capability. Currently, Xceed has four sites where three are in Cairo and one site located in the Casablanca, Morocco.
Xceed is owned by Telecom Egypt, the incumbent Telco operator of Egypt.