{"id":582870,"date":"2023-03-09T00:00:00","date_gmt":"2023-03-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/"},"modified":"2023-03-09T00:00:00","modified_gmt":"2023-03-09T00:00:00","slug":"agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/","title":{"rendered":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms"},"content":{"rendered":"

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

Egypt an export hub for Agthia? <\/span>ADQ-owned Emirati F&B company <\/span>Agthia<\/a><\/span> is looking <\/span>to make Egypt an export hub for its products, CEO Alan Smith told <\/span>Reuters<\/a><\/span>. Agthia last year <\/span>bought a 60% stake<\/a><\/span> in Egyptian food company Auf Group, and in 2021 <\/span>acquired 75%<\/a><\/span> of Atyab brand owner Ismailia Agricultural and Industrial Investments. \u201cOur intent [in Egypt] is really now to bed those acquisitions, consolidate them and unlock the potential there to see how we can build Egypt as an export hub as well,\u201d Smith said. The company currently exports around USD 16.3 mn from Egypt, he added.<\/span><\/p>\n

SUEZ CANAL-<\/span><\/p>\n

Another record year for Suez Canal revenues?<\/span> The Suez Canal is eyeing USD 9 bn <\/span>in revenues this year, up 12.5% from <\/span>USD 8 bn in 2022<\/a><\/span>, Suez Canal Authority chairman Osama Rabie told <\/span>Asharq Business<\/a><\/span>. Canal revenues rose to USD 1.5 bn in the first two months of the year, up from USD 1.1 bn in the same period in 2022, <\/span>th<\/a><\/span>e authority said<\/a><\/span> t<\/span>his week. The authority is <\/span>planning to raise fees<\/a><\/span> for oil ships transiting the waterway from the beginning of April. <\/span><\/p>\n

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

SEII to invest in MIH subsidiary to up solar panel glass production:<\/span> State-owned <\/span>Metallurgical Industries Holding Company (MIH) signed a MoU with Saudi Egyptian Industrial Investment (SEII) to increase the capital of its subsidiary El Nasr Glass and Crystal Company, the<\/span> cabinet said in <\/span>a statement<\/a><\/span> yesterday. The fresh investment will be used to add production lines making glass panels used in solar plants, the statement read, without specifying the value or mechanism of the investment. The agreement comes as part of the <\/span>state ownership policy<\/a><\/span>, which aims to more than double the private sector\u2019s role in the economy and attract private investment. <\/p>\n

This story was updated on 11 June, 2023, to correctly identify the investing company as Saudi Egyptian Industrial Investment (SEII), not the <\/i><\/span><\/font><\/span>Saudi Egyptian Investment Company (SEIC).<\/i><\/p>\n

<\/font><\/span><\/p>\n

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

More<\/span> data centers, this time via Agility Logistics:<\/span> Regional warehousing <\/span>and industrial firm <\/span>Agility Logistics Parks (ALP) will launch a string of data centers across Egypt, Saudi Arabia, Kuwait, and Ghana \u201cwith more to come,\u201d according to a <\/span>company statement<\/a><\/span>. The centers will be built at \u201cALP warehousing complexes in fast-growing markets and mega-cities that are looking to add hyperscale data center capacity,\u201d the statement reads, with the Egypt center set to be built in Cairo. Agility owns warehouses and industrial land in 12 emerging-market countries. <\/span><\/p>\n

REMEMBER- <\/span>El Sewedy Data Centers and Emirati firm Gulf Data Hub last month revealed plans <\/span>to invest USD 2.1 bn<\/a><\/span> to build three data center complexes here.<\/span><\/p>\n

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

More FDI to our outsourcing sector: <\/span>Paris-headquartered IT and consulting company <\/span>Capgemini plans to double down on recruitment to grow its <\/span>new<\/a><\/span>outsourcing center<\/a><\/span> here<\/span>, <\/span>according to a <\/span>company statement (pdf)<\/a><\/span>. The company plans to expand the center\u2019s workforce by hiring some 3k employees over the next three year<\/span>s, said Capgemini Egypt CEO <\/span>Hossam Seifeldin. <\/span>Capgemini was <\/span>amongst 29 global firms<\/a><\/span> to <\/span>ink agreements<\/a><\/span> with the Communications Ministry in December to expand their outsourcing operations to Egypt.<\/span><\/p>\n

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

Vodafone Group, e& to cooperate everywhere (except Egypt):<\/span> Telecoms outfits <\/span>Etisalat Group (e&) and Vodafone Group will within weeks sign a cooperation framework for the 35 markets where only one of them currently has a presence, e& CEO Hatem Dowidar told <\/span>Asharq Business<\/a><\/span>. Egypt is the only country where the two firms\u2019 operations overlap, Dowidar said. \u201cTherefore we can cooperate in the rest of the markets in a way that improves our performance and theirs,\u201d he is quoted as saying.<\/span><\/p>\n

REFRESHER:<\/span> e&<\/span><\/a><\/span>increased<\/a><\/span>its stake in Vodafone Group to 14%<\/a><\/span> last month. The company acquired a <\/span>9.8% stake in Vodafone<\/a><\/span> for USD 4.4 bn last May.<\/span><\/p>\n

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

The national strategy for higher ed is here: <\/span>Government officials put forth a host of <\/span>recommendations to advance higher education at the launch of the new n<\/span>ational strategy for <\/span>higher education on Tuesday, the<\/span> Higher Education Ministry <\/span>said in <\/span>a statement<\/a><\/span>. The proposals cover investment, curriculum development, internationalization, innovation and entrepreneurship, and the advancement of university hospitals. They include setting \u201ccodified rules\u201d to govern partnerships between the private sector and the state, working to make Egyptian universities attractive institutions for foreign students, and fully financing all stages of innovation.<\/span><\/p>\n

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

Elevate Healthcare in talks to acquire majority stake in Nile Scan:<\/span>Elevate Capital\u2019s<\/a><\/span> healthcare investment platform is looking to acquire a 70-80% stake in clinical radiology and lab service provider <\/span>Nile Scan & Labs<\/a><\/span>, Elevate comms head Bassel Chanaa told Enterprise. The company is valued at around EGP 500 mn, and the transaction is expected to close in the coming months, he added. Nile Scan provides radiology and clinical laboratory services and has 10 branches in the greater Cairo area and one in Alexandria, according to its website. <\/span><\/p>\n

CLARIFICATION- <\/span>A version of this story run on Wednesday, 8 March incorrectly reported the Elevate platform was seeking 100% of Nile Scan and said the transaction would close \u201cin April.\u201d Misr Capital, acting as a unit of Banque Misr, was the largest limited partner in the Elevate fund\u2019s diagnostics vertical. We have removed that version of the story from our website. <\/span><\/p>\n

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

Qalyub train crash:<\/span> The death toll from <\/span>Tuesday\u2019s train crash<\/a><\/span> in Qalyub has risen to <\/span>four, the <\/span>Health Ministry said<\/a><\/span> yesterday. Twenty-three people were injured in the incident.<\/span><\/p>\n

Driver arrested:<\/span> The Public Prosecution yesterday ordered the arrest of the driver for four days <\/span>while it carries out its investigation, it said in <\/span>a statement<\/a><\/span>. The incident occurred when the train hit a concrete barrier at a station, causing the locomotive and one of the carriages to derail, it said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Agthia acquired a majority stake in Auf Group last year<\/p>\n","protected":false},"author":1,"featured_media":582871,"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":[1326,111,214,73,72,710,7115,7111,131,2053,219,7103,207,465],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-582870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-agthia","tag-also-on-our-radar","tag-cit","tag-education","tag-enterpriseam","tag-etisalat","tag-healthcare","tag-infrastructure","tag-manufacturing","tag-outsourcing","tag-saudi-arabia","tag-suez-canal","tag-transport","tag-vodafone-group","wpautop","entry"],"acf":{"mongo_id":"bd4e09bb-a831-4dcf-b149-0ac5d4932182","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/Agthia-1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[582847],"teaser":"Agthia acquired a majority stake in Auf Group last year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.9062f02d-0707-47d8-ab9b-a306d3616800.mp3"},"yoast_head":"\nAgthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms - 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\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms\" \/>\n<meta property=\"og:description\" content=\"Agthia acquired a majority stake in Auf Group last year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.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=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms\",\"datePublished\":\"2023-03-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\"},\"wordCount\":947,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Agthia\",\"ALSO ON OUR RADAR\",\"CIT\",\"Education\",\"EnterpriseAM\",\"Etisalat\",\"healthcare\",\"infrastructure\",\"Manufacturing\",\"outsourcing\",\"Saudi Arabia\",\"Suez Canal\",\"transport\",\"Vodafone Group\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\",\"name\":\"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-03-09T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms\"}]},{\"@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":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms - 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\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/","og_locale":"en_US","og_type":"article","og_title":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms","og_description":"Agthia acquired a majority stake in Auf Group last year","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-03-09T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.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":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms","datePublished":"2023-03-09T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/"},"wordCount":947,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1","keywords":["Agthia","ALSO ON OUR RADAR","CIT","Education","EnterpriseAM","Etisalat","healthcare","infrastructure","Manufacturing","outsourcing","Saudi Arabia","Suez Canal","transport","Vodafone Group"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/","name":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1","datePublished":"2023-03-09T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-seii-agility-and-telecoms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms"}]},{"@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\/2023\/3\/Agthia-1600.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Agthia-1600.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\/2023\/3\/Agthia-1600.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":620608,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/23\/agthia-wants-to-boost-its-exports-out-of-egypt-plus-news-from-te-vodafone-huawei\/","url_meta":{"origin":582870,"position":0},"title":"Agthia wants to boost its exports out of Egypt. PLUS: News from TE, Vodafone, Huawei","author":"enterpriseam admin","date":"23 May 2024","format":false,"excerpt":"Agthia\u2019s exports from Egypt hit AED 24 mn in the first quarter of the year","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\/2024\/5\/1873.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616241,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/03\/b-investments-granted-more-time-to-submit-mto-for-ofh-plus-agthia-ups-stake-in-abu-auf-basata-acquires-jordanian-fintech-stake\/","url_meta":{"origin":582870,"position":1},"title":"B Investments granted more time to submit MTO for OFH. PLUS: Agthia ups stake in Abu Auf, Basata acquires Jordanian fintech stake","author":"enterpriseam admin","date":"3 March 2024","format":false,"excerpt":"B Investments wants to submit an MTO for up to 90% of Orascom Financial Holding","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/11.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":617123,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/al-ahly-sabbour-wants-in-on-ras-el-hekam-plus-infrastructure-telecoms-diplo-manufacturing-news\/","url_meta":{"origin":582870,"position":2},"title":"Al Ahly Sabbour wants in on Ras El Hekam. PLUS: Infrastructure, telecoms, diplo, manufacturing news","author":"enterpriseam admin","date":"17 March 2024","format":false,"excerpt":"The real estate developer wants to purchase 1k feddans in the North Coast project","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\/2024\/3\/1392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577689,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/adqs-agthia-now-owns-60-of-auf-group\/","url_meta":{"origin":582870,"position":3},"title":"ADQ\u2019s Agthia now owns 60% of Auf Group","author":"enterpriseam admin","date":"1 December 2022","format":false,"excerpt":"UAE\u2019s Agthia is now the majority owner of Abu Auf: Emirati food and beverage major Agthia has completed its acquisition of a 60% stake in Egyptian food company Auf Group, Agthia said in astatement (pdf). The stake was sold by three members of the Auf family as well as Tanmiya\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/7.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548069,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/25\/eipico-waiting-on-up-pharma-dd-clearance-agthia-hasnt-yet-submitted-a-bid-to-acquire-obourland\/","url_meta":{"origin":582870,"position":4},"title":"EIPICO waiting on UP Pharma DD clearance + Agthia hasn\u2019t (yet?) submitted a bid to acquire Obourland","author":"enterpriseam admin","date":"25 July 2022","format":false,"excerpt":"UP Pharma is still studying EIPICO\u2019s takeover bid: Upper Egypt Pharma (UPPharma) has not yet given Egyptian International Pharma Industries Company (EIPICO) the greenlight to conduct due diligence after it signaled intent to acquire 99.99% of the company\u2019s shares in May, EIPICO said in an EGX disclosure (pdf). UP Pharma\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/257.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558470,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/adqs-agthia-may-finalize-atyab-acquisition-this-month\/","url_meta":{"origin":582870,"position":5},"title":"ADQ\u2019s Agthia may finalize Atyab acquisition this month","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"ADQ Holding\u2019s Agthia could close its Atyab takeover this month: Emirati state-owned investment firm ADQ Holding\u2019s food subsidiary Agthia is in the final stages of acquiring 75% of Atyab brand owner Ismailia Agricultural and Industrial Investments. The Emirati sovereign wealth fund is on track to finalize the transaction before the\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/145.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582870","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=582870"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582870\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/582847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/582871"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=582870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=582870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=582870"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=582870"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=582870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}