{"id":581165,"date":"2023-02-21T00:00:00","date_gmt":"2023-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/"},"modified":"2023-02-21T00:00:00","modified_gmt":"2023-02-21T00:00:00","slug":"outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/","title":{"rendered":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations"},"content":{"rendered":"

<\/p>\n

<\/p>\n

INVESTMENT-<\/span><\/p>\n

<\/span>Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations:<\/span> <\/span>Sweden-headquartered outsourcer <\/span>Transcom<\/a><\/span> wants to invest EUR 40 mn over the next four years to grow its Egypt operations, Ahmed Gamaleldin, company regional manager and managing director in Egypt, told Al Mal (<\/span>watch, runtime: 48:27<\/a><\/span>.) Transcom <\/span>earlier this month<\/a><\/span> opened a center in Sixth of October\u2019s Smart Village, employing some 650 people with plans to hire another 1k employees within three years.<\/span><\/p>\n

Mountain View to invest EGP 6 bn this year<\/span>: <\/span>Real estate developer Mountain View <\/span>plans to invest EGP 6 bn (USD 196 mn) in 2023, <\/span>Zawya<\/a><\/span> reports, citing a company statement. The money will be used to speed up construction at existing projects, launch new projects, and look at scaling outside of Egypt, the company said. Mountain View wants to accelerate deliveries by a third to 2k units this year, and is targeting EGP 31 bn in sales on the back of newly launched projects in East and West Cairo and Ras El Hikma.<\/span><\/p>\n

Next stop KSA?<\/span> Mountain View formed a JV with Saudi Arabia\u2019s Omar Kassem Alesayi Group <\/span>in <\/span>November<\/a><\/span> to study new urban developments and tourist resorts in KSA.\u2019<\/span><\/p>\n

MANUFACTURING- <\/span><\/p>\n

Croatia\u2019s Koncar and Saudi\u2019s Al Massa could build EV chargers, electrical <\/span>infrastructure here: <\/span>Croatian electrical equipment manufacturer <\/span>Koncar<\/a><\/span> could establish a factory for manufacturing EV chargers, cabinet said in <\/span>a statement<\/a><\/span> on Sunday. This came during talks between Prime Minister Moustafa Madbouly and Saudi contractor <\/span>Al Massa Group<\/a><\/span>, which acts as Koncar\u2019s local agent. Al Massa Chairman Al Sharif Saud said the firms are also considering manufacturing electrical components for power transmission infrastructure. <\/span><\/p>\n

New Future Pharma factory next year:<\/span> Local pharma player <\/span>Future Pharma Industries<\/a><\/span> <\/span>plans to finalize the construction of its new EGP 1 bn factory in Badr City during the first quarter of 2024, Chairman Gamal El Din El Leithy told <\/span>Amwal Al Ghad<\/span>. The factory, which will go by the name of Future Pro, will be home to four production lines with an annual production capacity of 20 mn vials and 10 mn eye drops. The factory will also help in providing imported pharma raw materials, he said. Two local banks are funding 60% of the project, El Leithy said, without disclosing which lenders are involved. <\/span><\/p>\n

FINTECH-<\/span><\/p>\n

PaySky, Dahab Masr to offer gold investment via app: <\/span>E-payments firm <\/span>PaySky<\/a><\/span> and gold investment platform <\/span>Dahab Masr<\/a><\/span> inked a partnership agreement on Sunday to launch an online service, Yalla Invest, that will allow users to invest in gold through PaySky\u2019s Yalla Super App, according to a joint <\/span>statement<\/a><\/span>.<\/span><\/p>\n

NBFS-<\/span><\/p>\n

Edge Holding to launch consumer finance arm this quarter: <\/span>Real estate developer <\/span>Edge <\/span>Holding will establish a consumer finance arm with initial capital of EGP 100 mn during 2Q 2023, <\/span>Al Mal<\/a><\/span> reports citing Ahmed <\/span>Selim<\/span>, CEO of Edge subsidiary <\/span>Tadbiir for Leasing & Factoring<\/a><\/span>. The new company will aim to build an EGP 1 bn portfolio in its first year, funded by loans from local banks. The new entity will begin with car financing and home refurbishment before expanding into other sectors, Selim said. <\/span><\/p>\n

PLANET STARTUP-<\/span><\/p>\n

COREangels sets up shop in Cairo:<\/span> <\/span>COREangels<\/a><\/span>, a global network of angel funds <\/span>and investors, has launched its first MEA-focused fund, according to a <\/span>press release (pdf)<\/a><\/span>. The Cairo-based fund will be jointly managed by COREangels and <\/span>PTS Holdings<\/a><\/span>\u2019 ORO Partners, and will invest in pre-seed and seed stage tech startups across the Middle East and Africa.<\/span><\/p>\n

EMPLOYMENT-<\/span><\/p>\n

British Embassy launches initiative to help grads find jobs:<\/span> The British Embassy in <\/span>Cairo has launched a GBP 2 mn initiative to help Egyptian graduates improve employability skills and land jobs, it said in <\/span>a statement (pdf)<\/a><\/span> yesterday. <\/span>The Higher Education for Career Guidance and Employability scheme is being run in partnership with the Higher Education Ministry and the International Labour Organization. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations<\/p>\n","protected":false},"author":1,"featured_media":581166,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","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,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,72,183,6652,131,154,595,2053,427,83,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-fintech","tag-future-pharma","tag-manufacturing","tag-mountain-view","tag-non-banking-financial-services","tag-outsourcing","tag-pharma","tag-real-estate","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"c7df23e1-dd4e-403a-a993-b9a79ed2b9e9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/phone-1600px.jpg","photo_position":"below","homepage_title":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","full_issue_title":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","related_issue":[581147],"teaser":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.c6e5136c-0aac-4de3-85ff-ae4b7798543e.mp3"},"yoast_head":"\nOutsourcer Transcom to invest EUR 40 mn to expand Egypt operations - 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\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations\" \/>\n<meta property=\"og:description\" content=\"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations\",\"datePublished\":\"2023-02-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\"},\"wordCount\":630,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"EnterpriseAM\",\"Fintech\",\"Future Pharma\",\"Manufacturing\",\"Mountain View\",\"non-banking financial services\",\"outsourcing\",\"pharma\",\"real estate\",\"venture capital\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\",\"name\":\"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-02-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/","og_locale":"en_US","og_type":"article","og_title":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","og_description":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-02-21T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations","datePublished":"2023-02-21T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/"},"wordCount":630,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","EnterpriseAM","Fintech","Future Pharma","Manufacturing","Mountain View","non-banking financial services","outsourcing","pharma","real estate","venture capital"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/","name":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1","datePublished":"2023-02-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/21\/outsourcer-transcom-to-invest-eur-40-mn-to-expand-egypt-operations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/phone-1600px.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":579382,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/05\/suez-canal-receives-record-monthly-revenues\/","url_meta":{"origin":581165,"position":0},"title":"Suez Canal receives record monthly revenues","author":"enterpriseam admin","date":"5 February 2023","format":false,"excerpt":"SUEZ CANAL-Another record-breaking month for Suez Canal revenues: Suez Canal revenues grew 47% y-o-y in January to an all-time monthly high of USD 802 mn, according to a Suez Canal Authority (SCA) statement. Some 2.15k vessels transited the canal last month, up 21.5% y-o-y, according to the figures. The authority\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/75.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593632,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/spains-glovo-plans-to-invest-eur-5-1-mn-in-egypt-next-year\/","url_meta":{"origin":581165,"position":1},"title":"Spain\u2019s Glovo plans to invest EUR 5.1 mn in Egypt next year","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"Delivery app Glovo plans to invest EUR 5.1 mn in Egypt next year to expand in cities surrounding Cairo and Alexandria and launch marketing campaigns, co-founder Sacha Michaud told reporters at a press conference yesterday, according to Al Mal. Glovo is also expected to sign contracts with eight hypermarket brands\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593156,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/raya-foods-to-invest-eur-7-5-mn-over-three-years\/","url_meta":{"origin":581165,"position":2},"title":"Raya Foods to invest EUR 7.5 mn over three years","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"Raya Holding subsidiary Raya Foods is planning to invest EUR 7.5 mn over the next three years to finance its expansion plans, Raya Group CFO Hossam Hussein tells the local press. Hussein did not disclose any details on the company\u2019s planned expansions. The company is also planning on bringing online\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562060,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/giz-egypt-to-set-up-eur-100-mn-funding-program-for-new-vc-outfits\/","url_meta":{"origin":581165,"position":3},"title":"GIZ Egypt to set up EUR 100 mn funding program for new VC outfits","author":"enterpriseam admin","date":"5 May 2021","format":false,"excerpt":"GIZ to invest up to EUR 100 mn in young VCs: GIZ Egypt has partnered with the government\u2019s Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs to launch VC University, a EUR 100 mn funding program for first-time venture capital funds, Wamda reports. The program will\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572623,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/eu-to-provide-eur-24-8-mn-grants-to-renewable-energy-in-egypt\/","url_meta":{"origin":581165,"position":4},"title":"EU to provide EUR 24.8 mn grants to renewable energy in Egypt","author":"enterpriseam admin","date":"1 July 2020","format":false,"excerpt":"EU to provide EUR 24.8 mn grants to renewable energy in Egypt: The EU will give Egypt a EUR 24.8 mn grant to expand the EBRD\u2019s Green Energy Financing Facility (GEFF), which it launched to help Egyptian businesses invest in renewable energy, according to a press release. Extending credit through\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638458,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/sca-signs-eur-300-mn-agreement-with-royal-ihc-to-purchases-two-dredgers\/","url_meta":{"origin":581165,"position":5},"title":"SCA signs EUR 300 mn agreement with Royal IHC to purchases two dredgers","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"Suez Canal Authority (SCA) chief Mohab Mamish signed yesterday a EUR 300 mn agreement with Dutch Royal IHC to purchase two dredgers for the Suez Canal fleet, Al Mal reports. The new dredgers will allow the authority to expand its base of operations to all ports in Egypt, Mamish said,\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=581165"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581165\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/581147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/581166"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=581165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=581165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=581165"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=581165"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=581165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}