Founded in 1949, Paris ESLSCA (École Supérieure Libre des Sciences Commerciales Appliquées) is a private and independent institution of higher education.
With over 65 years of excellence in management education and a worldwide alumni network, we continue to offer accelerated, rigorous and innovative programs that allow students to move forward in a successful career. Paris ESLSCA Business School, L'École de Guerre Économique, IFAM and INSAM are all under the umbrella of Groupe ESLSCA. ESLSCA Grande École de Commerce offers a comprehensive range of undergraduate and postgraduate programs that meet all students' educational requirements.
Al Alamein international University
Alamein University is Egypt's newest chartered institution of higher education, under development on the Mediterranean shore of Egypt, west of Alexandria, at historic El Alamein. The University will be American in academic curricular approach
Over the next decade, the University is expected to grow to as many as 12 colleges enrolling up to 10,000 international students, ultimately earning baccalaureate, master's and doctoral degrees in economics & business, engineering, science, education, social & human sciences, tourism & hotels, media, agriculture & horticulture, fine arts, nursing , pharmacy and social service.
The academic programs are offered in partnership with California State University, Northridge and are structured in accordance with their academic standards and requirements, thereby providing Alamein students with the opportunity to earn a dual degree; both from Alamein University and from California State University, Northridge. CSU Northridge is fully accredited by the Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges.
American University in Cairo (AUC)
Founded in 1919, the AUC is a leading English-language, American-accredited institution of higher education and center of intellectual, social and cultural life of the Arab world. The AUC stands as a crossroads for the world's cultures and a vibrant forum for reasoned argument, spirited debate and understanding across the diversity of languages, facilities and human experiences. Its community of students, parents, faculty, staff, trustees, alumni and other generous sponsors are a melting pot that represents more than 60 countries.
Enhancing the role of the university in the production and transfer of knowledge and skills to serve the community and achieve the highest levels of academic excellence with the development and modernization of institutional capacity and educational effectiveness and access to the university and its various entities to international academic accreditation and strengthen its order internationally
Mansoura University was founded in 1972 in Mansoura city, Egypt. Mansoura is located at the middle of the Nile Delta in Egypt. It is one of the biggest Egyptian universities and has contributed much to the cultural and scientific life in Mansoura and Egypt.
The British University in Egypt (BUE)
The British University in Egypt (BUE) was founded in March 2006, by their Royal Highnesses the Prince of Wales and the Duchess of Cornwall.
The Mission of the BUE Founder was to create a quality educational institution that would produce graduates with the skills and knowledge to contribute effectively to the development of Egypt, the MENA region and beyond. The British system of Higher Education was therefore adopted for the rigor of its Quality Assurance procedures and educational philosophy focusing on the development of graduates with independent learning and transferable skills.
The German University in Cairo (GUC)
The German University in Cairo (GUC) was founded in 2002 in cooperation with the Universities of Ulm and Stuttgart, under the patronage of the Egyptian Ministry of Higher Education; the Ministry of Science, Research and Arts; the State of Baden-Württemberg, Germany. It is supported by the German Academic Exchange Service (DAAD); the German Embassy in Cairo; the German-Arab Chamber of Industry and Commerce (AHK); the Federal Ministry of Education and Research, Germany; the University of Tübingen; and the University of Mannheim.
AccorHotels is one of the top 5 leading hotel groups, as well as a market leader in Europe, Latin America, Midddle East &Africa and Asia Pacific (ouside China).
Accor one of the international Companies established in Egypt, with 17 hotels in the country, located in many of the most popular tourist locations, including Cairo (with hotels that boast views of the pyramids), Luxor, Taba Heights,
Alexandria and Dahab. Accor's hotels in Egypt are operated under a number of brands, giving it a wide range of market coverage. Brands include ibis Styles, Mercure, Sofitel, Pavillion and Novotel. The group has recently reiterated its commitment to Egypt where Accor reportedly now has 14 hotels in the development pipeline.
According to the latest update for the aggregated number of companies in the Tourism industry (from the year 1970 until the end of December 2017).
Since its founding in 2005, ARCO has accrued one of the largest land banks in Egypt, building numerous developments across the nation. The company is also forging ahead with plans to become a regional player thanks to a geographically diversified land bank suited to the development of a vast array of real estate projects catered directly to the needs, tastes and expectations of its clientele.
Projects include La Fontaine New Cairo,LavandeProvince,The Wharf and City Stars Al Sahel which lately handed a contract for a free residential unit to the famous football player 'Neymar da Silva Santos Jr.' (Arco Brand Ambassador).
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.
RTVC owns:
- 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.
Travco is 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. Travco'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, Travco 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.
In September 2014, Travco Group announced that they plan to invest EGP 300 million to build a new hotel in the leisure and entertainment zone that will be offered under the Suez Canal Axis Development scheme. In March 2015, Travco Group announced that they will Invest EGP 3.8 billion in developing 11 new hotels.
Adrere Amellal Desert Ecolodge, Siwa
Adrere Amellal desert lodge is located in the west of Egypt in the Siwa oasis almost eight hours from the capital by car. The oasis was described by Wilfred Jennings-Bramly as: "The famous oasis of Siwa…cannot be said to have fallen from its high estate…only it has stood still while the world went on." The lodge is the most famous hotel in the area situated at the foot of the White Mountain, and is a secluded desert ecolodge made of earth buildings that blend naturally into the landscape. Its pristine location offers direct access to the salt lake as well as the Great Sand Sea.
Each one of its hand-built 43 rooms is unique, combining distinction and authenticity. All the furniture and crafts pay tribute to nature and to talented local artisanship. With no electricity, the rooms are softly lit with a dozen beeswax candles and the starry sky.
Al Ahly for Real Estate Development
Al Ahly was founded in 1994. The National Bank of Egypt has a 40% share and the Sabbour family has60%. Its projects are spread across Egypt, from Cairo and its satellite cities to the Red Sea and the north coast. The company operates in commercial, residential and tourism real estate. In 1999 it established a management arm, ECETA Management Services Key projects include The Square, a 404,685sq m retail/commercial development in New Cairo. Another key project is Il Centro, with retail and restaurant space, in one of Sharm el-Sheikh's business districts.
The company implemented since its start in 1975 and until mid-2014, 50 projects with a total of 15,000 units (residential - administrative) investment cost 5.5 billion pounds.
The company is currently implementing a number of new projects 4 (Lake Dream - Secon Residence - Zahret Assiut - Secon Nile Towers) with a total of 1,600 units and an investment cost 3 billion Egyptian pounds.
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.
Financial Data
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.
Orascom Development Holding AG (Orascom Development) is a leading developer of fully- integrated towns. The Group currently manages six operating destinations including El Gouna, the flagship project on the Red Sea Coast in Egypt. American Michael Graves, the winner of many of the world’s architectural highest ranking awards, designed several of El Gouna’s hotels, as well as the Golf Club, and Golf Villas. The earth tones and sea color splashes, which characterize these projects, helped to set the tone of the resort. Italian architect, Alfredo Freda, designed El Gouna’s attractive Marina, the first of its kind on the Red Sea, as well as the popular and exclusive Tuscany style Hill Villas. Shahab Mazhar, a prominent Egyptian architect, was inspired by Mediterranean influences in his creation of the beachfront White Villas. The beautiful Nubian Villas are the work of the award winning architects Ramy El-Dahan and Ahmad Hamdy, who also hail from Egypt.
The Group has eight destinations under development including Amoun Island, Fayoum, Makadi and Qena Gardens in Egypt It operates a total of 25 hotels with 5,955 rooms and controls a land bank of approximately 45.9 million square meters, out of which 26.6 million square meters are still undeveloped. The group’s net sales in FY15 significantly increased by 72.9% to reach EGP 588.2 million compared to EGP 340.1 million in FY14.
Saudi Egyptian Construction Company (SECON)
Egyptian shareholding company established in 1975 under private international convention between the Government of Arab Republic of Egypt and Kingdom of Saudi Arabia approval was issued after approval of Parliament, Presidential Decree No. 656 for the year 1975 . With a joint capital of 50 million dollar's divided equally between the two government.
And then added to the company's activity tourism investment and It was the company's capital increase to $75 million dollars was fully repaid equally between Government of Arab Republic of Egypt and Kingdom of Saudi Arabia.
The company capital was increased to be 318 Million Dollars in June 2014.
The company continued its business and implement the policy of the state. Company has established several residential neighborhoods in the new cities and they (The City of New Cairo – Obour City – 6th of October City) and in this direction the company have become to always emphasized on its adherence to customers wishes and keep up with the state's policy.
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.
Financial Data:
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.
Projects
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.
Financial Data
The latest available financial data is for the third quarter of 2013:
■ Total revenue of EGP24mn
■ Net Profit after tax of EGP17mn.
Al-Arafa Investment and Consulting
Arafa Holding is a leading global textiles and apparel manufacturer and retailer based in Egypt, with a network reaching more than 70 countries worldwide. The group serves a diverse global audience, including top international brands and global retailers. Joint ventures have seen the company gain ownership of prestigious leading brands and partner with leading fashion houses.
Alexandria Spinning & Weaving Co. (SPINALEX)
Was established in 1959 as one of the leading spinning companies in Egypt.
Annual production : about 1200 tons, 100% Egyptian cotton yarns for export all over the world.
Export: About 20 million US Dollars per year to all European countries, USA, Canada, Arab Countries, and Far East.
Number of workers: about 2400 workers
Chourbagi Moderne for Clothing and Textiles S.A.E. “Charmaine”
Is an Egyptian company established in 1977, producing cotton underwear and sleepwear for men , woman and children in addition to ladies hosiery.
Today they function as a vertically integrated company, with the production line starting at knitting and going through dyeing, finishing, cutting, sewing and final packaging and distribution.
“Charmaine" and “Pink Powder Room" brands continue to find local market appetite and their international export division maintains a robust sales portfolio of customers such as Hema, Hugo Boss, and Calvin Klein. Their current production ratio is 95% export and 5% local sales, with the capacity of 1.5 million pieces a month.
Egyptian Spinning & Weaving Company (ESW)
It was established in 2005, and is located in Sadat city. A private company owned by one of the leading group in the textile sector in Egypt. ESW produces and exports a diverse range of Egyptian cotton yarn.
ESW has a production capacity of 11 tons per day, and exports its products to Italy, Portugal, Spain, Switzerland, Germany, Brazil, Turkey, Bangladesh and the Middle East.
El-Nasr Clothes and Textiles (KABO)
Established in 1940, El-Nasr Clothing and Textiles Co. (KABO) is one of the pioneers in the textiles and garments field in Egypt. KABO is a recognized manufacturer and exporter of high quality knitted underwear, lounge-wear and intimate apparel for men, women and children as well as sportswear.
A vertically-integrated manufacturer of apparel, with operations encompassing weaving, dyeing, knitting and ready-made garments. The company's flagship product is the Jil brand, manufactured under license from Jil International. An Egyptian household name; Jil represents roughly 90% of the company's products.
Algebra Ventures is the largest Egyptian venture capital (VC) fund founded in 2016 by some of the most experienced VC investors in Egypt. Algebra Ventures aims to help the next generation of innovators and entrepreneurs build unique, scalable market leaders and develop the growing Egyptian entrepreneurship ecosystem. The fund works actively with different ecosystem players including angel investors, accelerators and incubators, local and regional funds, later-stage investors and support organizations to help strengthen the growing entrepreneurship ecosystem in Egypt and the Middle East and North Africa region. In December 2016, the fund was able to raise US$ 40 million secured from the International Finance Corporation, the European Bank for Reconstruction and Development, the Egyptian American Enterprise Fund, and Cisco Investments. Algebra Ventures believes that Egypt's main two advantages are skilled labor and Egypt's large consumer market which has over 90 million customers.
Allianz Insurance Company
In 1976, Allianz Egypt started as a shareholder in Arab International Insurance Company (AIIC) – the first private, Free Zone registered, joint venture insurance company. In 2000, Allianz increased its ownership of AIIC to 85%
Allianz Egypt, comprising of “Allianz Life Assurance Company – Egypt" and “Allianz Insurance Company – Egypt", have a long and successful track record in the Egyptian Insurance market, providing comprehensive and integrated insurance services to business partners and individuals who require the best of local know-how based on extensive international expertise and experience.
Allianz Egypt is part of Allianz Group, a global financial services provider. 85 million retail and corporate clients in more than 70 countries rely on our knowledge, global presence, financial strength and solidity. In fiscal year 2014 over 147,000 employees worldwide achieved total revenues of 122.3 billion euros and an operating profit of 10.4 billion euros. Allianz SE, the parent company, is headquartered in Munich, Germany.
Commercial International Bank
About Commercial International Bank – Egypt S.A.E
Established in 1975, Commercial International Bank – Egypt (CIB) is the leading private-sector bank in Egypt. With more than 6,500 employees CIB's mission is to create outstanding stakeholder value by providing best-in-class financial solutions, innovative products, and superior customer service to the individuals and enterprises that drive Egypt's economy. Through a network of over 190 branches, CIB serves individuals, households, high-net-worth individuals, large corporations, institutions, and small businesses. CIB has also enjoyed the distinctions of most profitable bank operating in Egypt and the bank of choice for over 500 of Egypt's largest corporations. In 2017, CIB was named the World's Best Bank in the Emerging Markets by Euromoney.
CORPLEASE has been successfully operating in the Egyptian leasing market since 2004. The company provides leasing products and services tailored to meet corporate capital expenditure needs for a wide variety of assets, which includes commercial real estate, equipment financing, plant and machinery, transportation assets, systems & IT, office equipment and fleet management. CORPLEASE is at the leading edge of innovation in the domestic leasing industry with a clear business model, an ambitious vision and impressive growth plans. The company is continually investing in its resources to maintain high standards of service and to meet the needs and requirements of a diverse base of customers. Since inception, CORPLEASE has adopted conservative credit underwriting and risk management principles which have resulted in a well-diversified and high quality portfolio that reacted well to the changes in the business environment. The quality of the company's lease portfolio remains robust, with a collection rate in excess of 97%. In 2014, and for the second time, CORPLEASE earned an award for "Best Securitization Deal in EMEA" from EMEA Finance for its third asset- backed securitization, a near US$ 100 million instrument.
In 2017, Corplease portfolio reached EGP 9.2 billions for 26350 leased assets and 4650 leasing contracts.
EFG Hermes offers securities brokerage, research, investment banking, asset management and private equity services across markets with an aggregate population of 2.1 billion and combined GDP of more than $11.3 trillion. With a current footprint spanning ten countries across three continents. EFG Hermes started in Egypt and has grown over 30 years of success in almost 10 countries to become a leading financial services corporation with access to emerging and frontier markets. Drawing on our proven track-record & a team of more than 3300 talented employees, we provide a wide spectrum of financial services, serving 120,000 clients.
In 2016, EFG Hermes announced the launch of a new platform EFG Hermes Finance, which will overlook activities in the non-banking finance field through EFG Hermes Leasing and Tanmeyah Microfinance. This comes in light of the Firm's strategy to focus on two main pillars: product diversification and geographic expansion. into frontier markets — which has seen the Firm establish a physical presence in Pakistan, making it the first foreign investment bank to directly enter the Pakistani market and the first foreign broker to have a local footprint in the country since 2008.
Group revenue recorded EGP 3.6 billion in FY 2017, while group net profit after tax and minority interest from Continuing Operations recorded EGP 1.2 billion.
Egyptian Housing Finance Co. (Credit Agricole Group)
Egyptian Housing Finance Co. (EHFC) is recpgnized as the market leader in adopting best practices regarding Egyptian Financial Services-EFS, and creating tremendous opportuities in mortage sector.
EHFC is a fully owned subsidiary of Credit Agricole Egypt and one of the first private sector mortgage company in Egypt, Incorporated 2004.
CréditAgricole Egypt is a subsidiary of the CréditAgricole Group, a market leader in Universal Customer-Focused Banking in France and one of the largest banks worldwide. With operations in 50 countries, CréditAgricole Group seeks to serve the real economy by supporting its clients’ projects in all areas of retail banking and associated specialized business lines. Emphasizing its values and commitment, CréditAgricole Group is the bank of common sense. It puts the satisfaction and the interests of all its customers, employees and shareholders at the heart of its activities.
Established in 2006, CréditAgricole Egypt has become an active player in Egypt’s financial industry offering a wide range of innovative and convenient products to its clients across the entire spectrum: Corporate, SMEs and individuals. CréditAgricole Egypt’s key goal is customers’ satisfaction by valuing and prioritizing their best interests Thus, CréditAgricole Egypt has created specialized segments to cater its customers’ needs by offering the sound advice and tailored financial solutions. Accessibility and customers’ convenience is a priority for CréditAgricole Egypt that offers a nationwide network of branches and ATMs. Also, the bank is considered as a market leader in terms of electronic services by offering state-of-the-art electronic banking solutions.
Ezdehar is an emerging growth equity investor that was established in 2014 and since then has raised over US$ 85 million from three International Financial Institutions like European Bank for Reconstruction and Development as well as local high-net worth individuals. The fund focuses on consumer driven industries within the Egyptian market and, to date, has invested US$ 8 million in Egyptian businesses. The Private Equity (PE) fund is keen on becoming the partner of choice for family-owned businesses, helping them turn into sustainable enterprises, capable of sustaining growth despite market conditions. Ezdehar plans on investing US$ 40-50 million in the coming three years and US$ 90 million by 2022.
Global Leasing Company (GLC) was established in 2015 offering a full range of international-standard leasing products. The company succeeded in attracting Foreign Direct Investment (FDI) in the first year of establishment from SANAD fund, an affiliate of KFW Development Bank in Germany, who purchased 30% of the startup's shares. Today, the company employs about 40 employees, enjoys a revenue growth rate of 38%, has total investments of US$ 2.3 million by foreign shareholders and manages assets of almost EGP 1.4 billion. GLC investors benefited from a positive investment climate such as the flotation of the Egyptian Pound that rendered investing in Egypt affordable to a wide range of investors, in addition to the presence of highly skilled calibres of financial sector's financiers. One of the company's main social missions is to contribute to SME growth through expanding their small and medium product portfolio and moving away from financing large size corporations. Furthermore, it intends to expand its non-banking financial activities through factoring and real estate mortgage finance.
HSBC is one of the world's largest banking and financial services organizations. They serve around 38 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Their network covers 67 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
With around 3,900 offices worldwide, they aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfil their hopes and realize their ambitions.
Listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by 200,000 shareholders in 131 countries and territories.
Worldwide, reported revenue of $13.7bn was 6% higher, driven by higher deposit margins and balance growth in RBWM, and GLCM growth within CMB, notably in Asia. These increases were partly offset by lower revenue in Corporate Centre. Adjusted revenue of $13.9bn was 3% higher, excluding the effects of currency translation and movements in significant items.
Also global reported profit before tax of $4.8bn was 4% lower, as higher revenue was more than offset by higher operating expenses. Adjusted profit before tax of $6.0bn was 3% lower, excluding the effects of currency translation and movements in significant items.
QNB ALAHLI is one of the leading financial institutions in Egypt established in April1978 and ranked as the second largest private bank in Egypt.
QNB ALAHLI provides its services for more than 1,000,000 clients served by + 6,100 banking professionals with a network of 216 branches, along with 464 ATMs & +18,000 Point-of-Sale to serve clients nationwide. Further, a distinctive Call center operates round the clock 7 days a week.
The Bank established a number of subsidiary in specialized fields such as QNB ALAHLI Leasing founded in 1997 as one of early entrants to the Egyptian leasing market. QNB ALAHLI Life Insurance established in 2003 to provide a diverse range of products to cater the clients' needs for life insurance and saving. QNB ALAHLI Factoring founded in 2012 as financial institutions involved in all types of local and international factoring services.
QNB ALAHLI succeeded to maintain its status as a strong player in the Egyptian market and was admirably able to achieve a remarkable growth in loans & deposits portfolios, growth of market share, increase returns, and maintaining sound asset quality and cost ratios. This has come as a result of its strategy to remain a committed business partner to its clients during all times through balanced policies to navigate through the prevailing challenges, all of which heading to remain the customers' first choice bank through excellent customer service.
QNB ALAHLI pays lots of attention to how it reaches out to its valued clients ensuring the ease and
comfort with world-class professionalism, while the bank continues to selectively expand its
always- expanding branch network.
QNB ALAHLI provides dedicated products in corporate banking, financial advisory, project financing, structured financing, trade financing, cash management, and foreign exchange with its competitive offerings, it has managed to establish a strong bond with its various corporate clientele whether large domestic corporations, subsidiaries of multinational companies, medium caps, as well as SMEs.
QNB ALAHLI has managed to capitalize on its leading position as a pioneer in developing and industrializing a world-class retail banking service, where QNB ALAHLI adopted a unique market segmentation approach to be able to structure products and solutions that meet the requirements of each segment.
QNB ALAHLI has capitalized on its trust in the power of SMEs to push growth and deliver sustained development, it fares well regardless of overall market conditions and perhaps just as importantly manages to support its SME customers through the peaks of the economic cycle.
QNB ALAHLI has become the vehicle of choice for multilateral financiers to distribute credit amongst small businesses & companies in addition to help shape and implement women in business programs.
It is worth mentioning that QNB ALAHLI won 34 awards throughout the past 3 years from 3 international financial institutions “Global Banking & Finance Review", “International Finance Magazine" and “Capital Finance International Magazine, EMEA Finance and European Bank for reconstruction and development|(EBRD).
As part of QNB ALAHLI Corporate Social Responsibility, it has cooperated with a number of community organizations in various initiatives and projects aimed at supporting the neediest sectors in society,
With all the above, QNB ALAHLI strives to employ its quality and innovative resources
to support the Egyptian Economy and help its development by always expanding the
financial services coverage and financial inclusion.
For further information about QNB ALAHLI products and services, please call 19700 or visit qnbalahli.com
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).
Orchidia Pharmaceutical Industries
Orchidia Pharmaceutical Industires specializes in ophthalmic treatments and is considered the second largest ophthalmic producer in Egypt among 45 multinational, regional and local companies with a market share of 13.3% in 2012. It is the first and only company in the Middle East and North Africa region to install Blow-Fill Seal technology, and, in 2013, it successfully raised foreign direct investment from an international Private Equity fund. Since then, it has embarked on several expansion plans and intends to establish in 2017 the first Single Dose Unit line in the region. In 2016, Orchidia had 335 employees, 20% of which were females. The company's mission is to provide the best quality of treatment with the most affordable price to reach all patients. Its export capabilities extend to a very wide range of markets including Senegal, Ethiopia, Tanzania, Kenya, Iraq, Qatar, South Sudan, Somalia and Saudi Arabia.
Apache has operated in Egypt for more than 20 years and is one of the largest American investors and the largest oil producer in the country. The company’s primary interests are in the Western Desert and include high-impact exploration targets in both new and legacy acreage. Apache employs thousands of people in Egypt through its joint venture companies – a diverse team whose members share the values of continuous improvement, innovation and a drive to succeed with a sense of urgency.
A key component of Apache’s success has been the ability to acquire and evaluate 3-D seismic surveys that enable the technical teams to consistently high-grade existing prospects and identify new targets across multiple pay horizons in the Cretaceous, Jurassic and deeper Paleozoic formations. As of 2020, the company has completed seismic surveys covering more than 3 million acres.
At year-end 2020, the company held 5.2 million gross acres in 24 separate concessions. Approximately 68% of the company’s gross acreage in Egypt is undeveloped, providing Apache with considerable exploration and development opportunities for the future. The operations in Egypt, including a one-third noncontrolling interest, contributed 28% of 2020 production and 20% of year-end estimated proved reserves.
The company operates in 70 countries worldwide. BP has a long and successful track record in Egypt stretching back 50 years. BP currently produces almost 15% of Egypt's entire oil production and close to 30% of Egypt's gas production with its partners. BP is working to meet Egypt's domestic market growth by actively exploring in the Nile Delta and investing to add production from existing discoveries. The West Nile Delta (WND) major project is BP's first operation in Egypt.
EDISON has been present in Egypt since the mid-1990s, actively participating in the Oil and Gas exploration and production sector through its affiliate, EDISON International Spa.
EDISON has long been committed to the Egyptian economy, adding to its portfolio 9 new concessions, in 2014, with total acreage more than 14,000 sq.km, of which, 7 are operated by EDISON, with total investments of more than US$ 3.5 billion.
Being an operator in 3 exploration blocks in the East Mediterranean; EDISON has consolidated its dominant position in this new exploration area with a world-class gas potential confirmed by the recently announced giant gas discovery of Zohr in Egypt.
In 2009, EDISON reconsolidated its position in the gas sector by acquiring the Abu Qir concession, for US$ 1.4 billion and added additional new exploration licenses. EDISON has doubled the hydrocarbon production in the area, thanks to an aggressive investment plan. The last of these investments, is the North Abu Qir Platform III that has come on stream in Q2 2017, increasing its overall natural gas output by circa 20%.
Today, EDISON owns 2 production leases and 7 exploration licenses distributed in all the proven petroleum provinces in Egypt (i.e. Nile Delta, East Mediterranean offshore, Western Desert and Gulf of Suez) confirming its strong commitment and confidence in Egypt.
Late 2016, EDISON established a new Egyptian entity, “EDISON Egypt Energy Service” to act as the local development arm for EDF Group “the world energy leader and holder of 99.483% of EDISON shares, since 2012”.
Under EDF’s strategy “CAP 2030”, Egypt has been identified as a strategic country for the group development in carbon-free energy, evidenced by the cooperation agreements signed with Egyptian partners for the development of wind power, solar energy, and energy services.
In addition, EDISON is currently working with a local partner to develop a 200MW combined cycle power plant in vicinity to its Abu Qir onshore receiving gas terminal. This plant is leveraging EDISON’s expertise as well as the ongoing liberalization of Egypt’s electricity and gas sectors. Once completed, this will be the first merchant power plant in Egypt.
Further, EDISON/EDF is very familiar with the Egyptian Electricity sector as it has co-built the new power plants in Suez and Port Said, and was part of the group that developed the Sidi Krir 3 & 4 phases.
Eni currently operates in Egypt in the exploration, production, gas, and power sectors. They have been present in the country since 1954 when concessions were reopened to foreign companies. Company's major production activities are in the Gulf of Suez, with the production of oil and condensates, and in the Nile Delta concessions, which mainly produce gas.
Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and will satisfy Egyptian natural gas demand for decades. The field may have a potential of up to 850 billion cubic metres of gas. It is one of seven record-breaking projects from Eni.
Aton Resources Inc. is focused on its 100% owned Abu Marawat concession, located in Egypt's Arabian-Nubian Shield, approximately 200km north of Centamin's Sukari gold mine. Aton has identified a 40km long gold trend at Abu Marawat, anchored by the Hamama project in the west and the Abu Marawat gold deposit in the east.
In addition to the Hamama project and the Abu Marawat gold deposit, the trend contains numerous gold exploration targets, including three historic gold mines. Abu Marawat is over 738 sq. km in size and is located in an area of excellent infrastructure, a four-lane highway; railway line, a 220kV power line and a water pipeline.
Centamin's principal asset, the Sukari Gold Mine, began production in 2009 and is the first large scale modern gold mine in Egypt. Base case production is c. 500,000 ounces per annum, with the potential to exceed this level as optimization of the mining and processing operations continues. The company's annual gold production, 2015, amounted to 439,072 oz. Sukari processed 10.6 MT of the ore for the year.
Centamin's strategy is to maximize the value of their asset base and promote further growth of the business by:
• Setting and delivering on challenging targets.
• Maximizing profitability and maintaining a strong balance sheet to enable growth, exploration and acquisitions
• Operating safely and in an environmentally and culturally sensitive manner
Thani stratex resources
Thani Stratex Resources Limited (TSR) is a gold exploration company with a focus on North Africa, East Africa and the Middle East.
TSR was formed in October 2014 by the current principle shareholders Thani Emirates Resource Holdings and Stratex International PLC.
Operations
The group operations focus on little explored concession areas in North East Africa and cover the following countries:-
• Egypt – licenses in Hutite and Anbat-Shakoosh with an admin office in Cairo.
• Djibouti – licenses in Pandora and Assaleyta with an admin office in Djibouti.
• BVI – holding company.
Egyptalum Company is the country's sole producer of primary aluminum. The company is owned by HCMI (90%) and private investors (10%). The smelter is located at Nag Hammadi in Qena Governorate. The production capacity reached up to 320,000 metric tons per year.
Established in 2009. It is one of two major companies that produces phosphate rocks in Egypt with production capacity of around 5 million tons year from one of the biggest reserves in the world "Abu Tartour".
Thani Stratex Resources Limited (TSR) is a gold exploration company with a focus on North Africa, East Africa and the Middle East.
TSR was formed in October 2014 by the current principle shareholders Thani Emirates Resource Holdings and Stratex International PLC.
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.
Cleopatra Hospitals Group
Cleopatra Hospital Group (CHG) is the largest private hospital group in Egypt consisting of four operations located in Cairo: Cleopatra Hospital; Cairo Specialized Hospital; Nile Badrawi Hospital and Al Shorouk Hospital. CHG uses its platform and resources to improve service quality, enhance operational efficiency, increase accessibility, invest in the latest medical technology and apply the best global health care practices to serve the Egyptian market.
CHG currently has over 630 beds, serves around 1,000,000 patients and has more than 4,200 employees. Each of the hospitals enjoys a well-recognized brand, attractive location, comprehensive services portfolio and extensive coverage of key catchment areas.
The hospitals are tactically located across the East, West, and South of Cairo, maximizing the Group's reach. In 2016, the Group served more than 48,000 inpatients and over 600,000 outpatients. During the same year, the group raised EGP 360 million in capital through an Initial Public Offering on the Egyptian Exchange. Almost 80% of the outstanding shares are retained by funds advised by Abraaj Capital. The IPO was more than 28 times oversubscribed, with over 65% of the purchase orders driven by international investors.
The group was formed after Cleopatra Hospital was acquired in 2014 by Abraaj Capital, one of the largest PE funds in the region.
Dar Al Fouad Hospital was founded in 1995 and specializes in a number of fields, including cardio¬thoracic surgery, oncology and organ transplants. The 42,000 square meter hospital in Sixth of October City was built in collaboration with Cleveland Clinic International and is renowned for providing high-quality care in state-of-the-art medical facilities.
Al Borg Laboratory was established in 1991 as a shareholding company and now became the largest private laboratory in the Middle East, staffed with over 1400 employees; including 140 doctors utilizing state-of-the-art FDA certified automated equipment and reagents. The company has opened 60 labs throughout Egypt and 14 labs in the Middle East. Throughout the years, the company has served over 17 million patients and carried out 50 million laboratory tests all over Egypt. It was recently the subject of a highly profitable private equity investment.
Since 1974, GE Healthcare has partnered with Egyptian government entities and private businesses on healthcare projects across the country. GE's expertise in medical imaging and information technolo¬gies has facilitated earlier diagnosis and improved treatment of cancer and heart disease.
Recently, Egypt became one of the first countries in the region to successfully launch a breast cancer-screening program using GE's digital mammography mobile solution.
Magrabi Hospitals and Centers
Founded in 1995 by Dr. Akef Magrabi as a private eye care center, Magrabi Hospital has since grown into a network of three eye hospitals, treating more than 500,000 patients and performing over 500,000 eye-related surgeries each year.
Since 1999, the company has provided free community healthcare services to low-income, rural pop¬ulations through the charitable Magrabi Al-Noor Foundation.
Magrabi received USD 45 million in financing from the International Finance Corporation for the construction of three new low-cost eye hospitals and four eye referral centers in Egypt. The new hospitals are expected to provide an additional 500,000 examinations and 50,000 operations per year.
Established in 1985, Nile Badrawi Hospital is a private hospital in Cairo with a highly reputable medi¬cal staff. The hospital hosts 138 beds, 7 operating rooms, a complete radiology department and a state-of-the-art unit for renal transplantation, haemodialysis and peritoneal dialysis.
The hospital was also the first Egyptian healthcare center to open an Infertility Unit, which is equipped to offer IVF services.
Siemens Medical Solutions Group
Siemens Medical Solutions Group supplies the Egyptian market with the most advanced medical devices and systems. Since expanding its business in 1999, Siemens has built alliances with both public and private HealthCare providers, who benefit from Siemens’ integrated solutions for diagnosis and therapy
The Saudi German Hospital
SGH's new branch in Cairo is considered as the first step towards establishing a number of other branches in several Egyptian governorates in the upcoming years located in Cairo, with investment volume exceeding EGP 1bn.
The Coca-Cola Company is a 126-year old corporation serving as a retailer, manufacturer and marketer of non-alcoholic beverages. The Company started its operations in Egypt in 1942, and with over its 75 years in the country, Coca-Cola has expanded as a brand and directly employs over 9,000 Egyptians today. the operation of the Cairo Concentrate Plant in the Free Zone, Nasr City, where it manufactures and exports concentrates of their products to 46 countries in Africa, Middle East and Asia alone, brings in an annual revenue of $443M.
Strongly believing that Egypt is a critical strategic hub, Coca-Cola has been serving the world's most iconic beverages through a strong local value chain – the company hires, distributes and sources locally through farmers of different sizes, suppliers and retailers to support the sustainable development goals of Egypt across all governorates as it serves over 300,000 outlets nationwide. Coupled with recent government initiatives like the New Suez Canal that wants to see the country become of the largest logistical manufacturing hubs along with leveraging its strong market access, bilateral agreements, recently upgrading the infrastructure and competitive production, makes it an even more promising manufacturing and trading hub to the world. Coca-Cola also sees production costs highly competitive despite recent energy increases as the floatation of the currency has made the price of the Egyptian product highly completive across the market, and that is why the Company will remain a long-term investor in Egypt. Moreover, its commitment to the country and the stability of its business within the region encourages other multinational companies to invest and grow in Egypt.
Coca-Cola wants to see Egypt prosper and is ardently working with the government and civil society to support marginalised communities and societies. In 2011, Coca-Cola inaugurated its 100 villages project which aims to develop poor villages in Egypt by connecting water to needy houses, renovating schools, refurbishing medical centres and providing needed medical equipment as well as establishing microbusinesses for women in rural areas. By end of 2018, Coca-Cola in Egypt would have connected a total number of 446,000 people with clean water from its water projects that started years ago. Also, to date, 54 villages were developed with their schools and medical centres that were supplied with the needed medical equipment. Additionally, 4,371 women were provided with microbusinesses that helped elevating their income and their family living standards. The Coca-Cola Company is committed to invest in Egypt and is accelerating investment in economic and social initiatives, especially with the introduction of new infrastructure investments such as the New Suez Canal, the New Administrative Capital and the growing, aspirational population that is set to spur economic progress.
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 Brothers opened its Egyptian subsidiary in 1970, which currently employs more than 1,000 skilled workers in its factory in the Tenth of Ramadan City in the Greater Cairo area. Having established itself in the local market, it 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.
Juhayna Food Industries (Egypt)
• Juhayna Food Industries is expected to continue to focus on driving sales of value-added HW dairy in the forecast period, particularly as government pricing controls over regular products are set to increase. The company is thus likely to continue to gain share in health and wellness packaged food, particularly as it will continue to invest heavily in marketing support for its range.
• The company signed a significant joint venture with European group Arla Foods in July 2015, with this creating ArJu for Foods Industries. This company is set to launch at the start of the forecast period and is 51% owned by Juhayna. It plans to focus on the introduction of Arla's product range into Egypt and on regional sales expansion. Within HW beverages, the company meanwhile benefited from the launch of pomegranate NH superfruit nectars towards the end of the review period, with these also supported by strong advertising including print and TV advertising.
• The company is an independent public company, majority owned by Egyptian investors, and was founded in 1983.
• The company is mainly focused on dairy, where it offers regular and health and wellness products. The company however also offers a range of juice and concentrates and operates in related areas such as agriculture, farming, trading and distribution.
Competitive positioning
• Juhayna Food Industries ranked a strong second in overall HW packaged food in 2015 with 9% value share. The company derives the bulk of its sales from FF dairy, leading probiotic drinking yoghurt and plain yoghurt with 28% and 51% value share respectively in the year. The company also dominates reduced fat milk, accounting for close to 56% share in the year.
• The company saw a strong value share gain of a percentage point in overall HW packaged food in 2015 over the previous year. The company benefited from investing in its distribution and production capacity towards the end of the review period, launching a yoghurt production plant and three new distribution centres in 2014. The company also invested in branded refrigerators, with these being rolled out to thousands of retailers across the country.
• The company benefits from strong trust in its quality, against a backdrop of rising concern about food contamination and hygiene in Egypt. The majority of milk consumption in the country continues to be accounted for by unpackaged milk, with a growing focus on hygiene encouraging more consumers to trade up to packaged products. Juhayna's products are often the first choice for consumers making this shift, particularly those in mid- to high-income groups.
• The company offers a wide product range across health and wellness, including better for you, fortified/functional and naturally healthy products and including food and beverages. However, its products are limited to dairy products and juice.
• The company's products have a mid-priced to premium positioning. Its reduced fat milk is for example priced at the same level as regular milk, while its FF milk has a premium positioning.
Masterfoods (also known as Mars) is an American global manufacturer of confectionery and other food products. Mars' products entered the Egyptian market in 1995 through a small distribution office. Its national office was established in 2001, and in 2005, it commenced production in its factory in the 6th of October City, starting off with two brands: Flutes and Stix, with an investment of EGP 50 million, and a workforce of 18 associates. In 2013, it made its biggest investment in the Egyptian market, the first-of-its-kind Twix production line in the entire Middle East and Africa region, worth more than half a billion Egyptian Pounds of incremental investments, and adding more than 100 new local talents to the Mars family in Egypt.
Mars's workforce has grown over the past 20 years, from 18 associates to close to 350 talented Egyptian men and women today, and its manufacturing facilities cover more than 82,000 square meters with a total investment of EGP 1 billion. The company started exporting out of Egypt in 2005, growing from then from US$ 1 million to more than US$ 42 million by the end of 2016, with more than 70% of the company's total production geared towards exports, targeting 20+ countries in the Middle East, Africa, Asia and Europe. Moreover, Mars seeks to be a responsible corporate citizen and make a positive impact through various Corporate Social Responsbility (CSR) programs serving different causes, including improving the education level in public schools, supporting orphanages and developing underprivileged urban areas.
The company aims at expanding in the Egyptian market in the coming 2 years and injecting more investments to reach a total of EGP 2 billion, doubling the company's exports with 80-90% of its additional installed capacity geared towards exports, and creating more than 100 additional job opportunities, growing the Mars family in Egypt to around 450 local talents by the end of 2018.
Nile Fruits is a Business-to-Business independent fruit ingredients manufacturer established in 1999 and located in Al Obour Industrial City. In the last few years, it expanded from one to three manufacturing facilities and succeeded to attract foreign interest, which resulted in an joint venture agreement with Agrana, one of the largest food processing companies in Europe, with 8,600 personnel based at 53 production facilities across the globe . In 18 years, Nile Fruits reached a total investment of EGP 230 million, employing 220 permanent employees and around 150 seasonal employees. Nile Fruits exports around 78% of its product portfolio to 17 countries mainly in Europe, North Africa and GCC. In the next 3 to 5 years, the company’s export strategy will be focused on more value added fruit products to the African market, in addition to focusing on supplying the local market with a food service product portfolio to replace imported products. Nile Fruits benefits from proximity to export markets, low production costs, in addition to the multitude of trade agreements with different regions. The company also runs a number of Corporate Social Responsibility (CSR) programs in the fields of environmental and ethical labour practices. In achieving its strategy, Nile Fruits will be injecting investments worth of EGP 50 to 60 million in the coming 3 to 5 years in addition to increasing its cultivation areas by 250%.
Regina Pasta and Food Industries
Al Masreyah Macaroni & Starch Company was founded in 1986, is Egypt's second largest pasta manufacturer and it owns the country's only durum wheat flour mill. The company's main activity is the production of 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, and rebranded in 1993 to "Regina". It exports to over 30 countries worldwide and owns a majority stake in a milling company, which is specialized in the production of semolina, flour, bran and other related products.
In 2014, the company was acquired by Tana Africa Capital, a leading South African Private Equity fund.
Since its beginnings as a 30-hectare olive grove in 1986, Wadi Food Industries, a local success story, 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 received the distinguished Organic Agriculture Certificate, declaring all Wadi Food farms to be fully organic and all Wadi Food products to be 100% free of fertilizers and pesticides. It has been ISO-certified since 1999. In 2016, Wadi Food achieved a leap in sales by 40% in 2016, and it is currently targeting to export 10.2 thousand tons, or the equivalent of 60% of the total production during 2017.
Egyptian Company for Agriculture & Rural Development. (S.A.E):
The ECARD was established according to the requirements of the Central Bank of Egypt and the fourth article of the law no 117/1976 in order to achieve the purpose of the bank's establishment (Agriculture Bank of Egypt ABE). The company started its activity in 2004 through taking over the processes of production inputs.
Generally, the company is aiming at trading, processing, producing, exporting agricultural crops and production input all over Egypt. As well, it aims at transferring the agricultural technology, agricultural extension services and agricultural credit to increase the rates of various agricultural crops production and marketing and to ensure its presence on a regular basis in the markets during the year.
The company was established on 5/4/2004 as sister company to PBDAC owning 22% of its capital which represents 110 thousand shares with a nominal value of LE 100 for the share and the total value is LE 11 millions. Both banks of Upper and Lower Egypt own 39% of the company's capital for each.
Seeking to strengthen and support the financial position of ECARD which is fully owned by the bank, the management of the bank provides the necessary technical support to develop the company's performance rates in order to play its role in the sustainable agricultural and rural development in the coming years. Consequently, the capital of the company was increased by LE 950 million which included LE 890 million as in kind portion and LE 60 million as cash portion for increasing the paid capital from LE 50 million to LE 110 million.
Eklego Design is an award-winning Cairo-based architecture, interior, and furniture design firm established in 2000 by Hedayat Islam and Dina El Khachab. Over the past 15 years, the firm has rapidly grown from a staff of three, to a team of over 40 employees, including 20 dedicated architects and designers, united by a shared passion for culture and the arts.
Eklego's design team works on a range of commercial and residential projects. Our involvement ranges from purely consultative to the complete delivery of high-end architectural design projects. From working with clients in Egypt and throughout the Middle East, our belief is that an unparalleled understanding of the project and the client's needs is fundamental to creating distinct and modern environments, perfectly suited for the purpose intended. Hence, building a strong client relationship is always the first step on any project.
Since 2005, Eklego has also been designing contemporary furniture and home accessories. With a dedicated team of in-house furniture designers and currently two showrooms in Cairo, Eklego caters to both end-customers and large scale custom furniture projects. Our furniture collection, designed and produced in Egypt, combines modern materials with local traditions to create timeless pieces that are meticulously designed, while offering great value.
Image's first and oldest branch can be found in Heliopolis on Salah Salem Street. It has since opened branches across the capital in a bid to be as accessible and convenient to their customers as possible. Their branches are located in Mohandeseen, Maadi, Designopolis and most recently Almaza in Heliopolis. Image's emphasis on convenience is also reflected in the services they provide. Not only do they offer free transportation for furniture, they can also send trained engineers to take specific measurements of the space to be furnished to ensure their clients purchases are the perfect fit. In terms of convenience of purchasing, Image offers credit services, return and money back services, and product guarantees and is set to launch a new website with e-shopping facilities. As of late, Image's newly opened department store has increased their investments by 20 million Egyptian Pounds, bringing their total investments to 170 million Egyptian Pounds.
Pinocchio operates some of the most technologically advanced furniture-making machines such as: CNC boring and grooving centre, PC/PLC-controlled panel saw, automatic wide belt sander, automatic edge bander, automatic straightening planer, and pressurized spray booth with water curtain, hyperfiltration unit and drying chamber, and this allows us to produce the high-quality furniture you've come to expect, approximately 3300-square-meter of manufacturing and 730-square-meter of warehouse space.
Pinocchio wooden products Co. operates a dedicated in-house design department using state-of-the-art design software to create its own unique designs of furniture. Pinocchio releases around 15 newly designed furniture units per year. Using modern machinery has allowed Pinocchio to produce products with the highest quality at competitive prices, while the highly skilled craftsmen have contributed to high level of differentiation.
El Iman Tannery was established at 1965, it is a Leather Producer Company specialized in exporting wide range leather products mainly to Far East countries as China, Hong Kong, Korea, Thailand & European countries as Italy, Spain, Portugal, and Germany.
Their products are 95% Egyptian origin and 5% Brazilian. All of the products are quality checked by our specialists before shipments to other countries. Their goal is to keep our promises, and make long and good business relations.
El Kanz has been established in 1987, since early beginning they have been very aware to follow the most up to date techniques in their hand made leather production considering that 80% of their manufacturing are done manually by clever & well trained individuals.
They have innovated more than 63 models of different hand made leather products, they are eager to develop more creations & innovations each year.
El Harby tannery was established at 1944. They have another new tannery established at 2009 one of biggest tannery in old Cairo area with highest technology. .They offers a wide range of leathers to satisfy our customers' needs including crust, finishing and vegetable-retanned leathers. Some of the leather is sold locally and most exported to international markets. Harby Tanning Company has been well known for it's high quality, specialty cow and buffalo leather for the foot wear, leather goods, automotive upholstery Industries and personal leather goods manufacturers.
Piel color is specialized in the manufacture and marketing of chemical substances for leather finishing. Since its inception PielColor bets on innovation and development, manufacturing proprietary technology in its class, and the effort to give the best technical support to all its customers.
El Sewedy Electric is an Egyptian manufacturing company established in 1938 to offer affordable, clean and safe integrated energy solutions locally and internationally. In 2016, the company’s revenues increased by 30% to reach EGP 24.6 billion. The company’s Egyptian market represents 81% of its total consolidated sales, with exports reaching 32% from local sales. El Sewedy Electric aims to empower environmental projects including clean energy, and it seeks creating employment opportunities through “Elsewedy Technical Academy” (STA) to change the quality and perception of technical education in Egypt and the region by creating a pool of qualified, skilled, efficient and professional members of the technical community. El Sewedy was a leading partner in the three power plants implemented by Egypt, together with Siemens and Orascom Construction Industries, which led to the increase of Egypt’s national power grid capacity by 45% in 2017.
Jushi Egypt Fiberglass Co. Ltd.
Jushi Egypt Fiberglass Co. Ltd. aims to serve Europe, Africa, the Middle East and India, through its factory in Egypt, by fully utilizing its location within Egypt's Suez Canal Economic Zone. Taking advantage of the zone’s strategic location close to ports, the strong infrastructure of the zone and the tax and other incentives extended to investments in it, it has created a manufacturing and exporting hub out of its facility in the Suez Governorate. The company was established in Egypt in 2013 with a production capacity of 80,000 tons per annum and a planned capacity of 200,000 tons per annum. The facility employs over 1500 people. The project is the first wholly-owned overseas greenfield fiberglass production project by the Chinese fiberglass industry and also the first and biggest overseas engineering project of Jushi Group.
LG Electronics is a South Korean global leader and technology innovator in consumer electronics, mobile communications and home appliances that has been investing in Egypt since 1991. The company is considered one of the top global leaders in technological devices and one the world's most sustainable corporations operating in Egypt. It is a major contributor to the Egyptian Gross Domestic Product through its factory which employs over 1,400 people. LG Electronics has five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG Electronics has been proactively working towards improving the avenues for consumers to shop for LG's latest product offerings in the Middle East and Africa region. Between 2013 and 2015, LG's retail sales in Egypt grew by a CAGR of 6.3%, despite economic and political uncertainty. In 2016, the company's exports reached 50% of total local production and it aims to increase this figure to 75% by the end of 2017. LG has benefited from its presence in the Egyptian market, through free trade agreements, in addition to the ease of the export process due to proximity to targeted markets. The company is planning an expansion by launching a new washing machine line, in addition to increasing its television unit production from 1 million in 2016 to 1.3 – 1.5 million in 2017, to reach 1.6 – 1.8 million in 2018.
LG Electronics was established in 1989 in accordance with the Investment Law for the manufacture of television components. In view of the success achieved by the company in this field, in 2003 the company expanded the production of all kinds of televisions with a capacity of 300 thousand devices per year. The company exports to many Arab countries such as Libya, Syria, Tunisia and the African market under the slogan "Made in Egypt".
In view of the continuous success of the company's business for 22 consecutive years, the parent company in Korea decided in 2011 to establish a new project, where it obtained a piece of land area of 207 thousand square meters with investments of 200 million dollars in the 10th of Ramadan through the industrial developer. In addition, the company persuaded three Korean companies (LG's feed companies) to set up independent companies and leased part of the land to them to set up nutritious plants.
• The company has opened a new production line for washing machines.
• The company recently increased its issued capital by 1.3 billion pounds equivalent to 80 million dollars.
• Increasing the volume of exports of the company to double the exports of last year and to reach about 80% of the volume of production.
Samsung Electronics is engaged in the field of electronic television production. It acquired land in the area of Kom Abu Radi in Beni Suef with an area of 370 m2. The company was established at a cost of 250 million dollars.
The factory, which produces more than 2 million units a year, is mainly focused on the manufacture of TVs and monitors, as well as a wide range of modern and sophisticated technologies and products.
The company also tops exporting companies in Egypt with a total exports of 670 million dollars for the third year in a row.
The company exports 30% of the volume of engineering exports in Egypt.
Elsewedy for Wind Energy Generation
Elsewedy for Wind Energy Generation is a newly born company 100% owned by Elsewedy group responsible for the fastest growing wind energy activity.
SWEG will manufacture and supply the main wind energy components; wind turbines, wind towers and rotor blades.
SWEG will fully assemble wind turbines in Egypt with the same standards and quality levels of M-torres facility in Spain. Additionally, SWEG will totally manufacture the towers and blades through its production facility in Egypt.
Generl Electric (GE) is an American multinational conglomerate, which has been investing in Egypt for more than 40 years. The company works with the public and private sectors in the Power, Oil & Gas, Healthcare, Transportation and Aviation industries to find innovative solutions using GE's advanced technologies to help solve some of the challenges in these sectors. In 2015, GE executed the Power Boost Program, which brought phase one of 2.6 GW of electricity online on the grid in a record time of six months. The company also completed unique upgrades in the Banha, Nubaria and Kurimat power plants, which all resulted in additional output without the use of additional fuel. Today, GE has more than 140 GE turbines installed in Egypt, which help to power more than 15 million homes nationwide. The company's employee base in Egypt has risen from 550 employees in 2016 to more than 700 in 2017, in addition to 100 employees who serve as a hub to support GE's operations across the Middle East and Africa. GE is committed to investing in programs that empower youth, Small and Medium Enterprises and start-ups in Egypt, giving them direct access to essential software and advanced manufacturing tools and skills. This is executed through several programs the company has invested in such as the Egypt Digital Innovation Challenge in partnership with the Ministry of Communications & IT and its sponsorship of the AUC Venture Lab, the first university-based incubator in Egypt. The company also launched a GE Volunteers Chapter in Egypt in 2011 that runs CSR activities focused on doing activities that help us improve educations standards and provide basic needs the less privileged.
Siemens has played an impressive role in shaping the technological evolution in Egypt since 1856. It has been a role model for partnership with the Egyptian government, especially the company's projects in the energy field. Additionally, Siemens is keen to drive employment opportunities for Egyptian youth and increase workforce localization in line with Egypt Vision 2030.
Based on an agreement between Germany and Egypt, the German Federal Ministry for Economic Cooperation and Development (BMZ) and Siemens signed a strategic alliance agreement to support occupational training in Egypt, with total investment of more than €22 million. Under the milestone agreement, Siemens joined forces with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, on behalf of BMZ, to establish and operate a joint technical training center in Ain Sokhna. The center provides training for more than 5,500 Egyptian youth for four years in advanced technical skills that are critical to the Egyptian economy. These include: industrial mechanics; electric engineering; automation and control as well as; building key competencies in the maintenance and repair of power plants and wind farms. The parties will also support the modernization of a Higher Technical institute in Al Ameriya area in Cairo.
Continuing Siemens’ extensive efforts to boost workforce development initiatives in Egypt, the company has selected four Egyptian students to start their work-study training at different Siemens locations across Germany to start their workshop in August 2017. “Siemens Apprenticeship Program” is a dual-system German education model with programs run for 3.5 years in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, on behalf of BMZ.
In 2016, Siemens won the largest single contract in the history of cooperation with Egypt for the construction of three power plants with a capacity of 14 thousand megawatts in Beni Suef, the new Administrative Capital and Bolloros, to be implemented in only 18 months from the date of signing the contracts: new global standard in the implementation of mega projects of this scale. According to the Minister of Electricity, Mohamed Shaker, the Siemens project will save $1-1.3 billion, as a result of the energy efficiency of the three 4.8 GW combined cycle power plants. They will be the largest CCGT plants ever built and operated, capable of supplying electricity to 45 million Egyptians.
Furthermore, Siemens also signed agreements with the Egyptian government for the establishment of a training center in the Suez Canal Economic Zone and the development of transport sector, especially railways and maritime transport.
Siemens always emphasizes the company's keenness to expand its activities in Egypt, with new projects and the importance to increase training programs in line with the priorities of the government's work program and its vision for achieving sustainable development.
Siemens also contributed in the modernization of obsolete generators in oil fields and refineries to raise their operational efficiency. Siemens signed a joint venture with Egypt Maintenance Company, represented by the Ministry of Petroleum and Egyptian Electricity Holding Company, and represented by the Ministry of Electricity, for the establishment of a specialized center in the city of Suez for the maintenance and repair of rotating equipment for the oil, gas and electricity sectors in Egypt instead of sending them abroad. Siemens was responsible to equip the center with the latest equipment using advanced technology to prepare technical cadres of Egyptian engineers and technicians.
Finally, in January 2018, Siemens Gamesa secured a contract to construct a 262MW wind turbine in Egypt's Gulf of Suez, and operations will be expected to start end of 2018. This agreement will boost the country's electricity generation by 50 percent. This wind project represents the first privately-backed wind project in Egypt, where all wind facilities had previously been backed by the state-run Renewable Energy Authority.
Etisalat Misr is a leading international telecom company operating in 15 countries around the world. It launched operations in Egypt in May 2007 as the first 3.5G operator.
The company has exceeded its operating expectations in the past three years and currently covers 80% of the Egyptian telecommunications market. The firm developed the latest mobile network in Egypt based on the 4G technology that allowed the provision of new unprecedented services including video calls, mobile TV, wireless high speed internet.
The primary driver of the company's profit growth has been data transfer and corporate services, both of which are rapidly growing areas of focus for Etisalat for coming the period. The company also plans to invest heavily in infrastructure in the coming years, in part to handle 4G LTE requirements.
Etisalat invests on average EGP 1.5bn - 2.5bn ($79.5m-132.5m) on an annual basis in the Egyptian market.
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 as the first internet company in Egypt, it 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 and regional businesses. With a 250+ strong force of young certified professionals, LINK Development boasts seasoned 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. Its invested capital is around USD 4.40 million.
Egypt's incumbent Telecom Egypt (TE) held an initial public offering in 2005, selling a 20% stake to individual investors, institutions and TE workers, raising more than EGP 4.5bn. The state retains the remaining 80%.
In July 2014 TE's subsidiary TE Data, its internet services arm, was chosen to implement the country's broadband project, according to Minister of Communications and Information Technology.
TE announced its plan to invest EGP 3.428bn (USD 449.3mn) in March 2015, with the bulk of the funds to be directed towards its nationwide access network upgrading from copper-based to fiber optic cables.
The operator became the first company in Egypt to acquire a 4G LTE license after months of negotiations with the regulator. The company paid an estimated USD 797mn for its license.
While estimates as to the exact size of its market share vary, Vodafone, which was established under the brand Click GSM in 1998, is the largest mobile operator – and one of the most prominent players in any industry – in Egypt in subscribers and revenues terms. During the firm's most recent fiscal year, which ended on 31 March 2016, the company reported revenue growth of 8.9%, which made it the second largest market behind Turkey in the Middle East, Africa and Asia for the UK-based Vodafone Group.
According to Vodafone Egypt, revenue growth in the country was attributed primarily to strong expansion in data transfer services. This is in line with the Vodafone Group's overarching revenues, some 74% of which come from mobile telephony services, while another 21% came from ADSL internet services.
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 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.
Xceed is the leading multilingual Business Process Outsourcing (BPO) service provider in the Europe, Middle EAst and Africa (EMEA) region with a capacity of more than 2,200 web enabled multi channels stations. Xceed manages various outsourcing programs with commercial and governmental clients worldwide. Its core objective is to deliver superior quality and value to its 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: three in Cairo and one in Casablanca, Morocco.
Ezz steel is the largest independent steel producer in the Middle East and North Africa, exporting high-quality steel products to many countries on four continents around the world. It is becoming firmly established as a global player in the steel industry, and leads the way by adopting the most advanced steelmaking technology.
Kazyon is an Egyptian success story in the hard discounter retail market. It was established in Egypt in 2014 by a group of Egyptian, Saudi and British investors, in addition to an investment fund managed by EFG-Hermes. Kazyon localized the hard discounter supermarket model to meet Egyptians’ needs and currently operates more than 175 branches across 14 governorates. In 2016, its workforce reached more than 2000 employees, and it plans to hire 1000 more during 2017 as well as launch an additional 100 new stores. The company plans to open more than 1000 stores and employ more than 10,000 employees between 2017 and 2024.
Souq.com is a UAE-based online megastore and e-commerce site, the largest in the Arab world, that was recently acquired by e-commerce giant Amazon. Souq.com began its operation in Egypt in 2010 leveraging a fast growing consumer market and high internet penetration. It currently has 650 employees and over 10,000 square meters of warehousing space. Souq.com attracts more than 30 million visits and 10 million unique visitors from the region to browse its catalogue of more than 500,000 unique products in 20 different categories, including consumer electronics, household goods, watches, perfumes, toys, and baby products.
Middle East Oil Refinery- MIDOR
EDISON has been present in Egypt since the mid-1990s, actively participating in the Oil and Gas exploration and production sector through its affiliate, EDISON International Spa.
EDISON has long been committed to the Egyptian economy, adding to its portfolio 9 new concessions, in 2014, with total acreage more than 14,000 sq.km, of which, 7 are operated by EDISON, with total investments of more than US$ 3.5 billion.
Being an operator in 3 exploration blocks in the East Mediterranean; EDISON has consolidated its dominant position in this new exploration area with a world-class gas potential confirmed by the recently announced giant gas discovery of Zohr in Egypt.
In 2009, EDISON reconsolidated its position in the gas sector by acquiring the Abu Qir concession, for US$ 1.4 billion and added additional new exploration licenses. EDISON has doubled the hydrocarbon production in the area, thanks to an aggressive investment plan. The last of these investments, is the North Abu Qir Platform III that has come on stream in Q2 2017, increasing its overall natural gas output by circa 20%.
Today, EDISON owns 2 production leases and 7 exploration licenses distributed in all the proven petroleum provinces in Egypt (i.e. Nile Delta, East Mediterranean offshore, Western Desert and Gulf of Suez) confirming its strong commitment and confidence in Egypt.
Late 2016, EDISON established a new Egyptian entity, “EDISON Egypt Energy Service” to act as the local development arm for EDF Group “the world energy leader and holder of 99.483% of EDISON shares, since 2012”.
Under EDF’s strategy “CAP 2030”, Egypt has been identified as a strategic country for the group development in carbon-free energy, evidenced by the cooperation agreements signed with Egyptian partners for the development of wind power, solar energy, and energy services.
In addition, EDISON is currently working with a local partner to develop a 200MW combined cycle power plant in vicinity to its Abu Qir onshore receiving gas terminal. This plant is leveraging EDISON’s expertise as well as the ongoing liberalization of Egypt’s electricity and gas sectors. Once completed, this will be the first merchant power plant in Egypt.
Further, EDISON/EDF is very familiar with the Egyptian Electricity sector as it has co-built the new power plants in Suez and Port Said, and was part of the group that developed the Sidi Krir 3 & 4 phases.
Misr Fertilizers Production Company - MOPCO
MOPCO, one of the petroleum sector companies, founded in July 26, 1998 according to rules and provisions of the law of Investment guaranties and incentives number 8 issued in 1997 inside the free zone in Damietta on a space that is 400.000 meters square allocated for MOPCO project and the future expansions.
Mopoco
Sidid Kerir Petrochemicals Co – SIDPEC
Sidpec is an Egyptian joint stock company established on 16 November 1997. Sidpec is considered the first integral step towards the petrochemicals future in Egypt.
Sidpec utilizes the latest available technology and designs in order to satisfy the Egyptian environmental regulation and requirement.
The trade name of SIDPEC polymers is named "Egyptene" polymer portfolio includes linear low density polyethylene (LLDPE) and high density polyethylene (HDPE).
SIDPEC is the first step towards integration in petrochemicals' industry in Egypt, and fulfilling a national objective, which is production of value-added products by using the available raw materials as well as developing related local industries.
SIDPEC is capable of producing Polyethylene (high density & linear low density grades) using Ethylene which is produced by the processing of Ethane/Propane feed. SIDPEC utilizes the finest technologies in production which are also environment-friendly and energy saving.
"Egyptene" as the trade name of SIDPEC polymers, is one of the finest well-known products in polyethylene industry worldwide as well as the local market.
Work in MOPCO project expansion is underway after obtaining a finance that is (1.050) Billion Dollars from the national and international banks although the recent economic conditions within Ouda German company as well as Petroget company to set up two units for producing Ammonia of capacity that is (2400) tons per day.
