{"id":607742,"date":"2023-10-09T00:00:00","date_gmt":"2023-10-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/"},"modified":"2023-10-09T00:00:00","modified_gmt":"2023-10-09T00:00:00","slug":"ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/","title":{"rendered":"Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen."},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> INVESTMENT- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> EIH mulls expanding into Egypt + Saudi Arabia: <\/strong> Emirati holding company <a target=\"_blank\" href=\"https:\/\/eihuae.com\/\" style=\"\" rel=\"noopener\">Ethmar<\/a> <a target=\"_blank\" href=\"https:\/\/eihuae.com\/\" style=\"\" rel=\"noopener\">International Holding (EIH)<\/a> is considering expanding into Egypt and Saudi Arabia, the company\u2019s managing director and group CEO, Ali El Gebely, told <a target=\"_blank\" href=\"https:\/\/bit.ly\/3teXfSH\" style=\"\" rel=\"noopener\">CNBC Arabia<\/a>. He didn\u2019t elaborate on which sectors the company is interested in, share an investment amount, or provide a timeframe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ethmar Holdings: <\/strong>Chaired by Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, the company has assets of AED 2.5 bn across financial services, healthcare, tourism and hospitality, real estate, and energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> FINTECH <\/strong><strong> - <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Valu x Beymen: <\/strong> Customers of Turkish luxury department chain <a target=\"_blank\" href=\"https:\/\/www.beymen.com\/\" style=\"\" rel=\"noopener\">Beymen<\/a> will be able to use Valu\u2019s payments services under a partnership agreement signed by the two companies, the fintech player said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/396.pdf\" style=\"\" rel=\"noopener\">a s<\/a> <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/396.pdf\" style=\"\" rel=\"noopener\">tatement (pdf)<\/a> last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT- EIH mulls expanding into Egypt + Saudi Arabia: Emirati holding company Ethmar International Holding (EIH) is considering expanding into Egypt and Saudi Arabia, the company\u2019s managing director and group CEO, Ali El Gebely, told CNBC Arabia. He didn\u2019t elaborate on which sectors the company is interested in, share an investment amount, or provide a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":607743,"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":[111,11658,6680,72,7015,103,183,90,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-beymen","tag-egypt-uae-relations","tag-enterpriseam","tag-ethmar-international-holding","tag-fdi","tag-fintech","tag-uae","tag-valu","wpautop","entry"],"acf":{"mongo_id":"b1730857-5e0c-4350-83d2-7c98f0c2c25e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/438.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen.","related_issue":[607715],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.c4ce8bd1-c14d-4406-9c0e-20d7324d5423.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>Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen. - 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\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethmar Holdings could expand to Egypt. 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He didn\u2019t elaborate on which sectors the company is interested in, share an investment amount, or provide a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/438.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/ethmar-holdings-could-expand-to-egypt-plus-valu-x-beymen\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ethmar Holdings could expand to Egypt. 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PLUS: Network International, Moussy Malt","author":"enterpriseam admin","date":"17 May 2023","format":false,"excerpt":"This is Taqa Arabia\u2019s first step into the kingdom","rel":"","context":"In &quot;Also on our Radar&quot;","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\/5\/957.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555794,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/valu-eyes-regional-expansion-ma-could-be-in-the-cards-here-in-egypt\/","url_meta":{"origin":607742,"position":4},"title":"valU eyes regional expansion, M&#038;A could be in the cards here in Egypt","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"EFG Hermes\u2019 consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next year in what will be the company\u2019s first cross-border expansion, EFG Hermes Finance CEO Walid Hassouna told Bloomberg Asharq.Saudi has been on valU\u2019s radar for a while: Group CEO Karim\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/615.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587632,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/30\/valu-telda-partner-up-plus-tatweer-misr-signs-partnership-deal-to-enter-saudi-frs-approves-egx-futures-clearing-company\/","url_meta":{"origin":607742,"position":5},"title":"valU, Telda partner up. 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