{"id":654057,"date":"2024-10-27T00:00:00","date_gmt":"2024-10-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/27\/deloitte-launches-cairo-innovation-hub-with-three-year-usd-30-mn-investment\/"},"modified":"2024-10-27T00:00:00","modified_gmt":"2024-10-27T00:00:00","slug":"deloitte-launches-cairo-innovation-hub-with-three-year-usd-30-mn-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/27\/deloitte-launches-cairo-innovation-hub-with-three-year-usd-30-mn-investment\/","title":{"rendered":"Deloitte launches Cairo innovation hub with three-year, USD 30 mn investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good mor<\/strong><strong>ning, friends<\/strong>, and welcome to the last week of October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Deloitte Innovation Hub has landed in Cairo:<\/strong> Global consultancy firm Deloitte has kicked the tires on its new innovation hub in Cairo yesterday, pledging a three-year USD 30 mn investment to find and train up young Egyptians in several fields, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2298.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The inauguration was attended by ICT Minister Amr Talaat, ITIDA CEO Ahmed El Zaher, and a high-level delegation from the UK-based firm, including the head of the new hub, Hani Girgis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThe Innovation Hub will enable us to foster and develop local talent, making an impact that matters to Egyptian people and society, as well as deliver exceptional value to our clients across different markets in Europe and the Middle East,\u201d said Deloitte Innovation Hub head Hani Girgis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The world\u2019s press is squarely \u2014 and anxiously \u2014 focussed on our corner of the world <\/strong><strong>once again<\/strong>, with Israel\u2019s strike on Iran yesterday and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e1c7eaf5-834a-4819-bf9b-a39b51e2e8a9\" style=\"\" rel=\"noopener\">risk of further regional escalation<\/a> continuing to push aside business news in the world\u2019s financial press. The <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e1c7eaf5-834a-4819-bf9b-a39b51e2e8a9\" style=\"\" rel=\"noopener\">Financial Times<\/a> seems to be breathing a sigh of relief, describing the Iranian response to the attack as an attempt to \u201cplay down the impact of the strikes,\u201d instead prioritizing a ceasefire in Gaza and Lebanon. The Netanyahu administration also maintained an unusual silence following the operation, restricting ministerial commentary and leaving military spokespersons to only comment on the strikes in the broadest of terms.<\/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\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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 target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Changes to our loan program commitments may be in the cards: <\/strong>\u201cWe have been very open to adjust the Egyptian program,\u201d International Monetary Fund boss <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/86e6a568-f8e0-4a52-9edd-7081c1179ced\/imf-signals-openness-to-changing-loan-terms-amid-regional-conflict-pressures\" style=\"\" rel=\"noopener\">Kristalina Georgieva said in a press briefing<\/a>. Georgieva will head to Egypt early next month to discuss the issue further. <\/li>\n<li><strong>The Sovereign Fund of Egypt now has a new minister at the helm: <\/strong>Investment Minister Hassan El Khaitb will <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b50c109-77f1-42c3-abff-9d28ae79b61b\/investment-minister-hassan-el-khaitb-will-manage-the-sfe-following-legislative-amendments\" style=\"\" rel=\"noopener\">now be minister in charge<\/a> of the Sovereign Fund of Egypt, according to a decision by Prime Minister Moustafa Madbouly that places the fund under the control of whoever is heading the Investment Ministry.<\/li>\n<li><strong>Green Climate Fund approves some USD 2.7 bn in funds for three programs in <\/strong><strong>Egypt and other countries:<\/strong> The Green Climate Fund has approved funding proposals for three multi-country sustainable development programs, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/de8427a1-a4f5-4e92-af95-c9478cae11e7\/egypt-is-in-line-for-funds-from-the-green-climate-fund\" style=\"\" rel=\"noopener\">unlocking USD 2.7 bn for three programs across 14 countries<\/a> \u2014 with Egypt set to be included in all three.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014<\/strong> <strong>your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>We\u2019re seeing the same cool stable weather tomorrow, with the mercury maintaining a high of 31\u00b0C and a low of 19\u00b0C in the capital, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and welcome to the last week of October. THE BIG STORY TODAY- The Deloitte Innovation Hub has landed in Cairo: Global consultancy firm Deloitte has kicked the tires on its new innovation hub in Cairo yesterday, pledging a three-year USD 30 mn investment to find and train up young Egyptians in several [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":654058,"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":[7213],"tags":[8869,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-deloitte","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"2f445058-292a-45ac-82f3-9b5115db3004","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/2318.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[654055],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.49576426-3acf-440f-b35a-ff4bc4cbaae7.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>Deloitte launches Cairo innovation hub with three-year, USD 30 mn investment - 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\/2024\/10\/27\/deloitte-launches-cairo-innovation-hub-with-three-year-usd-30-mn-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deloitte launches Cairo innovation hub with three-year, USD 30 mn investment\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and welcome to the last week of October. 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