{"id":586250,"date":"2023-05-08T00:00:00","date_gmt":"2023-05-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/this-evening-sfe-b-investments-launch-a-new-pharma-company-in-partnership-with-el-ezaby-khazna-and-benya-group-plan-usd-250-mn-data-center\/"},"modified":"2023-05-08T00:00:00","modified_gmt":"2023-05-08T00:00:00","slug":"this-evening-sfe-b-investments-launch-a-new-pharma-company-in-partnership-with-el-ezaby-khazna-and-benya-group-plan-usd-250-mn-data-center","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/this-evening-sfe-b-investments-launch-a-new-pharma-company-in-partnership-with-el-ezaby-khazna-and-benya-group-plan-usd-250-mn-data-center\/","title":{"rendered":"THIS EVENING: SFE + B Investments launch a new pharma company in partnership with El Ezaby + Khazna and Benya Group plan USD 250 mn data center"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good afternoon, ladies and gentlemen.<\/span><span style=\"\"> It may just be the knowledge that it\u2019s the first full<\/span><span style=\"font-weight:400;\"> workweek in recent memory, but we\u2019re finding it hard to believe that it\u2019s only Monday, especially as the news cycle here at home picks up pace. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/439.jpg?ssl=1\"\/><\/a><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">We\u2019re only one week away from meeting with some of you at the Enterprise Exports and <\/span><span style=\"font-weight:700\">FDI Forum, taking place at the Four Seasons at the Nile Plaza on Monday, 15 May. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We\u2019re proud to announce that our friend Abdallah Sallam, CEO, Madinet Masr, is joining us for the forum. Are you?<\/span><span> Abdullah Sallam is going to be speaking on the new industries Egypt can leapfrog into and claim a global spot. He is joined on stage for that discussion by <\/span><span style=\"font-weight:700\">Mostafa Bedeir<\/span><span>, CEO of Giza Seeds and Herbs, and <\/span><span style=\"font-weight:700\">Nadia El-Tawil<\/span><span style=\"font-weight:400;\">, investment officer at Africinvest who will discuss what are the export-based businesses of the future that can be a magnet for FDI. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">They\u2019re not the only ones:<\/span><span> Among the top execs, bankers, and development finance folks speaking at the conference are: <\/span><span style=\"font-weight:700\">Tarek Kamel<\/span><span>, CEO of Nestle Egypt; <\/span><span style=\"font-weight:700\">Omar Elsahy<\/span><span>, general manager of Amazon Egypt, <\/span><span style=\"font-weight:700\">Khaled Morsy<\/span><span>, CEO of DB Schenker Egypt; <\/span><span style=\"font-weight:700\">Mark Wylie<\/span><span>, CEO, Beyti; <\/span><span style=\"font-weight:700\">Shady William<\/span><span>, managing director of IDG; <\/span><span style=\"font-weight:700\">Mohamed Talaat Khalifa<\/span><span>, CEO of Concrete; <\/span><span style=\"font-weight:700\">Hossam Sallab<\/span><span>, CEO and vice-chairman of Sallab Group and Royal Ceramica; <\/span><span style=\"font-weight:700\">Kareem Abou Ghaly<\/span><span>, chairman and CEO of Pasta Regina; <\/span><span style=\"font-weight:700\">Tarek Hosny<\/span><span>, head of investments and projects at Fertiglobe; <\/span><span style=\"font-weight:700\">Helmy Ghazi,<\/span><span> deputy CEO of HSBC Egypt; <\/span><span style=\"font-weight:700\">Nada El Ahwal<\/span><span>, CSO of Transmar; <\/span><span style=\"font-weight:700\">Hassan Massoud<\/span><span>, associate director and head of private equity (Southern Mediterranean), European Bank for Reconstruction and Development (EBRD); <\/span><span style=\"font-weight:700\">Hossam Abou Moussa<\/span><span>, partner at APIS; <\/span><span style=\"font-weight:700\">Yassir Zouaoui<\/span><span>, partner at McKinsey; and <\/span><span style=\"font-weight:700\">Mohamed El Gebely,<\/span><span style=\"\"> Team Leader at USAID Trade.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Topics and live interviews will include:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Why exports and FDI are the way forward and what lessons have worked from around the world;<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to attract foreign partners and figure out what they are looking for;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What lessons can we draw from white goods, fertilizers, and garments exporters who have increased our exports;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What are the fundamentals to creating an export and \/ or FDI strategy;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What it takes to secure a place in a multinational\u2019s supply chain.<\/span><\/li>\n<li><span style=\"font-weight:400;\">How industrial clusters could expedite exports, FDI  and possibly be an avenue for SME development;<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span><br \/>For the full agenda please click <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#agenda\" style=\"\">here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** Have you confirmed your attendance? <\/span><span style=\"font-weight:400;\">Invitations have been sent out over the past few weeks. If you have yet to confirm your attendance and would still like to join us, please reply to the invitation with an RSVP.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to Moustafa, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">our head of commercial, here<\/a><\/span><span style=\"font-weight:700;\">.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORIES TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">#1- SFE + B Investments launch a new pharma company in partnership with<\/span><span style=\"font-weight:700\"> El Ezaby: <\/span><span>The Sovereign Fund of Egypt\u2019s health and pharma fund is launching a new pharma company, EZ International, in partnership with El Ezaby Pharmacy, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/429.pdf\" style=\"\">a joint press release (pdf)<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- Abu Dhabi-based <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.khazna.ae\/\" style=\"\">Khazna<\/a><\/span><span style=\"font-weight:700\"> and Benya Group are planning to build a USD 250 mn data<\/span><span style=\"font-weight:700\"> center<\/span><span> in Maadi Technology Park, after the three sides signed an MoU today, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0bzGhjyti8Gk5TLN9FkVZoiLf9YcVCPaD5Gr9KtqB2jcqH4sNcwo2MkWTcytHeh5nl\" style=\"\">GAFI statement<\/a><\/span><span>. The center is expected to have an IT load capacity of 25 GW.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It\u2019s a very mixed bag in the international business press this afternoon.<\/span><span style=\"\"> Among the stories<\/span><span style=\"font-weight:400;\"> getting front-page play:<\/span><\/p>\n<ul>\n<li><span>Russia\u2019s energy sector hit as Kremlin forced to increase tax (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/f4b89276-efcf-4731-9ed3-7afea3be4c27\" style=\"\">Financial Times<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span>Why Elon Musk is building two old-fashioned company town in Texas (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/video\/why-elon-musk-is-building-two-old-fashioned-company-towns-in-texas\/DDCDACA1-45DB-4B65-9970-62BA7F832754.html?mod=hp_lead_pos5\" style=\"\">Wall Street Journal<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span>Oil\u2019s sharp slide has surprised markets. But some traders now see a bottom for prices (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/05\/08\/oils-sharp-slide-has-surprised-markets-but-some-traders-now-see-a-bottom-for-prices.html\" style=\"\">CNBC<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span>Turkish Lira volatility is world\u2019s highest a week before vote (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-08\/turkish-lira-volatility-is-world-s-highest-a-week-before-vote?srnd=premium-middle-east&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** CATCH UP QUICK<\/span><span style=\"\"> on the top stories from today\u2019s <\/span><span style=\"font-weight:700\">EnterpriseAM<\/span><span style=\"font-weight:400;\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Lynx announces partnership with Dentons Global Advisors-ASG:<\/span><span> Egyptian consultancy Lynx Strategic Business Advisors has <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c70eab83-d4b0-4a59-9b30-449a291d5721\" style=\"\">entered a \u201cstrategic affiliation\u201d<\/a><\/span><span style=\"font-weight:400;\"> with global strategic advisory firm Dentons Global Advisors \u2014 Albright Stonebridge Group.<\/span><\/li>\n<li><span style=\"font-weight:700\">JPMorgan is the latest investment bank to warn of the consequences of delaying reform:<\/span><span> Further delays to currency and structural reforms will ramp up liquidity pressures and raise questions about the sustainability of Egypt\u2019s debt, analysts at JPMorgan <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8597dac1-86e1-4e5e-b647-170fc1c72810\" style=\"\">wrote in a note<\/a><\/span><span style=\"font-weight:400;\"> last week.<\/span><\/li>\n<li><span style=\"font-weight:700\">Violence continues as peace talks enter third day:<\/span><span> Clashes between the Sudanese Army and paramilitary Rapid Support Forces (RSF) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bb79c46a-2236-4fd9-af4f-eb57702ad2ff\" style=\"\">continued yesterday<\/a><\/span><span style=\"font-weight:400;\"> as representatives from both sides continued \u201cpre-negotiation talks\u201d in Saudi Arabia.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Sandbox Festival is coming up this weekend in El Gouna<\/span><span style=\"\">, with the three-day music<\/span><span> festival kicking off on Thursday, 11 May and wrapping up on Saturday, 13 May. You can check out the full lineup and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/booking.sandboxfestival.com\/booking\/25\" style=\"\">book your pass here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.cairofashionweek.com\/\" style=\"\">Cairo Fashion Week<\/a><\/span><span style=\"font-weight:700\"> also kicks off this weekend<\/span><span style=\"\">, starting from Friday, 12 May through to<\/span><span style=\"font-weight:400;\"> Monday, 15 May. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- <\/span><span style=\"\">Expect the mercury to inch up again tomorrow to peak at 30<\/span><span style=\"\">\u00b0C,<\/span><span style=\"font-weight:400;\"> with a nighttime low of 18\u00b0C, our favorite weather app tells us. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, ladies and gentlemen. It may just be the knowledge that it\u2019s the first full workweek in recent memory, but we\u2019re finding it hard to believe that it\u2019s only Monday, especially as the news cycle here at home picks up pace. We\u2019re only one week away from meeting with some of you at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":586251,"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":[7213],"tags":[140,2430,633,1459,370,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-b-investments","tag-benya-group","tag-enterprisepm","tag-khazna","tag-sovereign-fund-of-egypt","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"bb7f49c1-b4f8-4ddd-9272-f7d06f29b45d","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/2\/176.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[586248],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.622f6614-c810-4f88-8d91-ab193d1a098c.mp3"},"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>THIS EVENING: SFE + B Investments launch a new pharma company in partnership with El Ezaby + Khazna and Benya Group plan USD 250 mn data center - 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\/05\/08\/this-evening-sfe-b-investments-launch-a-new-pharma-company-in-partnership-with-el-ezaby-khazna-and-benya-group-plan-usd-250-mn-data-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: SFE + B Investments launch a new pharma company in partnership with El Ezaby + Khazna and Benya Group plan USD 250 mn data center\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, ladies and gentlemen. It may just be the knowledge that it\u2019s the first full workweek in recent memory, but we\u2019re finding it hard to believe that it\u2019s only Monday, especially as the news cycle here at home picks up pace. 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