{"id":242119,"date":"2019-11-22T11:29:00","date_gmt":"2019-11-22T11:29:00","guid":{"rendered":"https:\/\/dev.wp.enterpriseam-dev.com\/?post_type=podcasts&#038;p=242119"},"modified":"2026-01-22T11:02:59","modified_gmt":"2026-01-22T11:02:59","slug":"back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp","status":"publish","type":"podcast","link":"https:\/\/enterpriseam.com\/egypt\/podcast\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/","title":{"rendered":"Back from the brink: How Gourmet Egypt survived the float of the EGP"},"content":{"rendered":"\n<p>After a ten-year run leading a high-end retailer of imported food in Egypt, Jalal Abu Ghazaleh nearly fell off a cliff when the devaluation of the EGP saw prices skyrocket, inflation go through the roof \u2014 and an effective ban on imports put in place.<\/p>\n\n\n\n<p>In today\u2019s episode, Jalal talks with us about how he built the business from a one-desk meat importer into a <a href=\"http:\/\/GourmetEgypt.com\">retail powerhouse<\/a> and an early pioneer of e-commerce \u2014 and saved his business by becoming a food manufacturer. Today, his private-equity backed business is growing nationally, looking at regional expansion and mulling prospects for an IPO sometime down the road.<\/p>\n\n\n\n<p><strong>Making It is grateful for the generous support of:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cibeg.com\/English\/Pages\/default.aspx\">CIB<\/a>, Egypt\u2019s number-one private-sector bank and the partner of choice for CEOs and leaders of businesses at all stages of their growth stories.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.usaid.gov\/egypt\">The United States Agency for International Development<\/a>, which has a 40-year history of inspiring Egyptian success in partnership with the Government and people of Egypt.<\/p>\n\n\n\n<p><a href=\"http:\/\/www.efghermes.com\/\">EFG Hermes<\/a>, the leading financial services corporation in frontier emerging markets helping businesses realize their full growth potential.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a ten-year run leading a high-end retailer of imported food in Egypt, Jalal Abu Ghazaleh nearly fell off a cliff when the devaluation of the EGP saw prices skyrocket, inflation go through the roof \u2014 and an effective ban on imports put in place. In today\u2019s episode, Jalal talks with us about how he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":242121,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"newspack_featured_image_position":"beside","footnotes":""},"categories":[9142],"tags":[9145],"class_list":["post-242119","podcast","type-podcast","status-publish","format-standard","has-post-thumbnail","hentry","category-making-it","tag-season-1","wpautop","entry"],"acf":{"audio_file":"https:\/\/ent.news\/internal\/podcasts\/2025\/10\/242120.mp3","teaser":"","episode_number":"Ep. 1","audio_duration":"26:06"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Back from the brink: How Gourmet Egypt survived the float of the EGP - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/podcast\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Back from the brink: How Gourmet Egypt survived the float of the EGP\" \/>\n<meta property=\"og:description\" content=\"After a ten-year run leading a high-end retailer of imported food in Egypt, Jalal Abu Ghazaleh nearly fell off a cliff when the devaluation of the EGP saw prices skyrocket, inflation go through the roof \u2014 and an effective ban on imports put in place. In today\u2019s episode, Jalal talks with us about how he [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/podcast\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-22T11:02:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/internal\/242121.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/internal\/242121.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/podcast\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/podcast\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\",\"name\":\"Back from the brink: How Gourmet Egypt survived the float of the EGP - 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