{"id":646937,"date":"2024-10-03T00:00:00","date_gmt":"2024-10-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/03\/ahmed-sabbour-chairman-md-of-al-ahly-sabbour\/"},"modified":"2024-10-03T00:00:00","modified_gmt":"2024-10-03T00:00:00","slug":"ahmed-sabbour-chairman-md-of-al-ahly-sabbour","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/03\/ahmed-sabbour-chairman-md-of-al-ahly-sabbour\/","title":{"rendered":"Ahmed Sabbour, Chairman &#038; MD of Al Ahly Sabbour"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Ahmed Sabbour, Chairman & MD of Al Ahly Sabbour:<\/strong> Each week, My Morning Routine looks at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Chairman and Managing Director of Al Ahly Sabbour Ahmed Sabbour (<a target=\"_blank\" href=\"https:\/\/eg.linkedin.com\/in\/ahmed-sabbour-90b81754\" style=\"\" rel=\"noopener\">LinkedIn<\/a>). Edited excerpts from our conversation:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m Ahmed Sabbour <\/strong>and I am an Egyptian citizen who is deeply in love with his country and its people. I\u2019m simply a tradesman and a laborer in the real estate sector. I am a 60 -year-old married man with six children \u2014 four girls and two boys. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As the chairman of several Al Ahly Sabbour companies and the managing director of <\/strong><strong>others<\/strong>, my focus is on cultivating the right environment for our team to thrive. Whether it is identifying new business opportunities, building relationships for future projects or setting organizational goals, my daily activities revolve around helping create a cohesive vision for all of Sabbour\u2019s companies. I recognize my role as a specialized engineer, and I believe it\u2019s essential to empower our marketers, salespeople, and other professionals at Sabbour to excel in their own areas of expertise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sabbour\u2019s origins are rooted in family.<\/strong> We started as a boutique real estate company with initial capital of EGP 62.5k, which was founded by four partners \u2014 my father as chairman, myself as the CEO along with my mother and brother. Our firm quickly grew bigger, becoming Al Ahly Sabbour, through a partnership with the National Bank of Egypt (NBE) \u2014 whom we have a 30-year standing relationship with. With NBE, we increased our paid capital to EGP 5 mn. Today, Al Ahly Sabbour\u2019s capital stands at EGP 300 mn and we plan to increase it to EGP 550 mn by the end of the year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s real estate business is a tough one <\/strong>\u2014 it's difficult to keep up with the constant industry changes and economic forecasts for the long term. If I were in the fashion industry for example, my plans would be relatively short-term as the product I'm selling takes three months or so to sell, but working with land and properties requires a more expansive vision, demanding that we factor in economic expectations and potential shifts five years down the line.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Green construction has taken the lead as the leading trend in the industry<\/strong>, with more companies looking to implement sustainable construction practices. Entertainment and catering to the youth are two other growing trends in Egypt\u2019s real estate market. At Sabbour, we recognise we can no longer simply build homes and gardens, but we now need to provide varying entertainment services to create a completely integrated lifestyle. As the youth now represent some 70% of Egypt\u2019s population, catering for them without ignoring other generations has become a growing focus for the industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first two hours of my day are for reading.<\/strong> I wake up somewhere between 7 and 7:30am, and that\u2019s when I check the day\u2019s EnterpriseAM Egypt issue, go through my emails, and my WhatsApp \u2014 which I now consider an email as well. If there is a report or something in the press I am looking to read, that\u2019s when I would do that. My reading time is sometimes cut to an hour and half, to make time for a 30-minute workout. After work, my time is dedicated to my family, and I try to always keep up with my friends, especially my schoolmates. If I get the chance, I might have an hour or two of me-time during the week \u2014 that\u2019s when I'd listen to some music. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My workday consists of meetings with all the company\u2019s stakeholders.<\/strong> I have internal meetings with colleagues, and external meetings with clients, designers, architects, and government officials which usually go on until 7pm. Crisis management is also a part of my day, with emergency meetings often coming up. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I navigate my daily to-do\u2019s by setting clear priorities.<\/strong> Every morning, I map out my daily priorities on a piece of paper. This simple practice allows me to order my tasks by importance, helping me set my own goals while effectively delegating responsibilities to my colleagues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Making time for worship is the one constant in my day that will never change.<\/strong> Praying everyday and reading five pages of the Quran will always be on my daily agenda. I also enjoy doing small acts of kindness, whether for a friend or a stranger. At 60, I am increasingly focused on integrating these practices in my life. I strongly believe in the importance of contributing to job creation and charitable efforts \u2014 which are high on my personal agenda moving forward. I am also looking to allocate more time for my mother, wife, and kids. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Frankly, I am bad at work-life balance. <\/strong>Despite emphasizing the importance of work-life balance to my colleagues, I find myself not practicing what I preach. Moving forward, I want to make time for the four most important pillars in my life beyond work: family, friends, my relationship with God, and myself. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Social activities are my go-to method of switching off <\/strong>\u2014 I enjoy dinner outings with friends, or spending time at sports clubs. My wife and I also really enjoy watching movies and TV shows together, so as a night owl I'll be up until 1-2am watching classic Egyptian movies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other than old movies, I enjoy reading war books, like <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.goodreads.com\/work\/quotes\/3200649\" style=\"\" rel=\"noopener\">The Art of War<\/a><\/strong><strong> by Sun Tzu. <\/strong>They not only get me out of the work mood, but also help me be more strategic and manage my business plans. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The best piece of advice I ever received came from my father, who was my lifelong <\/strong><strong>mentor.<\/strong> He encouraged me to read books on war to understand business strategy, but most importantly, he taught me to keep learning everyday of my life. He also shared another piece of advice that stuck with me \u2014 one he had learned from his peer \u2014 \u201cit\u2019s important for your colleagues to worry about you rather than fear you.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My daily activities revolve around helping to create a cohesive vision for all of Sabbour\u2019s companies<\/p>\n","protected":false},"author":1,"featured_media":646938,"comment_status":"closed","ping_status":"open","sticky":false,"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,"_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":[7156],"tags":[8818,4290,72,387],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-my-morning-routine","tag-ahmed-sabbour","tag-al-ahly-sabbour","tag-enterpriseam","tag-my-morning-routine","wpautop","entry"],"acf":{"mongo_id":"8053d40a-c51d-4387-a5b5-21b9b1777e2c","order":"19","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/248.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ahmed Sabbour, Chairman & MD of Al Ahly Sabbour","related_issue":[646903],"teaser":"My daily activities revolve around helping to create a cohesive vision for all of Sabbour\u2019s companies","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.1ec71792-ae93-4f6e-aae4-e41810d18867.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>Ahmed Sabbour, Chairman &amp; 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Sabbour did not say whether the company has entered talks with banks\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576002,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/al-ahly-sabbour-breaks-ground-on-new-capital-mixed-use-project\/","url_meta":{"origin":646937,"position":1},"title":"Al Ahly Sabbour breaks ground on new capital mixed-use project","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Real estate developer Al Ahly Sabbour broke ground last month on a 200-300 feddan mixed-use project it\u2019s developing in the new administrative capital in partnership with an unnamed party, CEO Ahmed Sabbour told the press. The company is planning to finish the project within five years..","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569963,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/","url_meta":{"origin":646937,"position":2},"title":"Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva","author":"enterpriseam admin","date":"12 March 2020","format":false,"excerpt":"Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, Al Mal reports. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":700732,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/10\/qalaa-holdings-preps-river-transport-subsidiary-nrpm-for-egx-listing\/","url_meta":{"origin":646937,"position":3},"title":"Qalaa Holdings preps river transport subsidiary NRPM for EGX listing","author":"enterpriseam admin","date":"10 May 2026","format":false,"excerpt":"PLUS: Real estate developer Al Ahly Sabbour parks IPO listing","rel":"","context":"In &quot;IPO WATCH&quot;","block_context":{"text":"IPO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ipo-watch-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639326,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/al-ahly-sabbour-planning-ipo-within-the-year\/","url_meta":{"origin":646937,"position":4},"title":"Al Ahly Sabbour planning IPO within the year","author":"enterpriseam admin","date":"26 October 2017","format":false,"excerpt":"IPO WATCH- Al Ahly for Real Estate Development Sabbour is planning to list shares on the EGX within a year, company managing director Ahmed Sabbour tells Al Borsa. The company is currently deciding between three potential global coordinators for the transaction, he added, stopping short of naming names. Al Ahly\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":608599,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/beltone-al-ahly-sabbour-sign-leasing-transaction-worth-egp-1-2-bn\/","url_meta":{"origin":646937,"position":5},"title":"Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn","author":"enterpriseam admin","date":"23 October 2023","format":false,"excerpt":"Beltone x Al Ahly Sabbour:Beltone\u2019s Financial\u2019s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with real estate developer Al Ahly Sabbour, the company said in a statement (pdf) yesterday. The details:The financing will be disbursed in two tranches of equal sizes, the second of which\u2026","rel":"","context":"In &quot;FINANCIAL SERVICES&quot;","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1088.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646937","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=646937"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646937\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/646938"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646937"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646937"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}