{"id":705130,"date":"2026-05-24T00:00:00","date_gmt":"2026-05-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=705130"},"modified":"2026-05-24T02:46:55","modified_gmt":"2026-05-24T02:46:55","slug":"algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/","title":{"rendered":"Algebra Ventures promotes Laila Hassan and Omar Khashaba to managing partners"},"content":{"rendered":"

Our friends Laila Hassan (<\/strong>LinkedIn<\/a><\/strong>) and Omar Khashaba <\/strong>(<\/strong>LinkedIn<\/a><\/strong>) have<\/strong> been promoted to managing partners at Algebra Ventures<\/strong>, as the venture capital firm prepares for the \u201cnext phase of growth.\u201d The promotion was announced during Algebra's 10-year anniversary celebration attended by EnterpriseAM, alongside a global network of investors, founders, LPs, policymakers, and ecosystem leaders. The duo joined the venture capital firm a few years back to help launch its second USD 100 mn fund, expanding the leadership into a four-partner platform alongside co-founders Tarek Assaad and Karim Hussein.<\/p>\n

ALSO-<\/strong> General Motors tapped Rohan Fernandes (<\/strong>LinkedIn<\/a><\/strong>) as its new <\/strong>managing director for Egypt and Africa<\/strong>, the automaker said in a statement<\/a>. Fernandes, who currently serves as the managing director of commercial operations for Africa and the Middle East, will begin the leadership transition on 1 June, succeeding Sharon Nishi (LinkedIn<\/a>), who will retire at the end of August after a 40-year career with the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: General Motors appoints Rohan Fernandes as managing director for Egypt and Africa<\/p>\n","protected":false},"author":1,"featured_media":705131,"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":[7231],"tags":[398,72,4125,206,4124],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-705130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-algebra-ventures","tag-enterpriseam","tag-laila-hassan","tag-moves","tag-omar-khashaba","wpautop","entry"],"acf":{"mongo_id":"31eccbc9-8678-46c8-9bdf-d8662de8c70f","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/5\/1395.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Laila Hassan and Omar Khashaba are Algebra Ventures\u2019 managing partners","related_issue":[705112],"teaser":"Plus: General Motors appoints Rohan Fernandes as managing director for Egypt and Africa"},"yoast_head":"\nAlgebra Ventures promotes Laila Hassan and Omar Khashaba to managing partners - 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\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algebra Ventures promotes Laila Hassan and Omar Khashaba to managing partners\" \/>\n<meta property=\"og:description\" content=\"Plus: General Motors appoints Rohan Fernandes as managing director for Egypt and Africa\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-24T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-24T02:46:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/1395.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\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Algebra Ventures promotes Laila Hassan and Omar Khashaba to managing partners\",\"datePublished\":\"2026-05-24T00:00:00+00:00\",\"dateModified\":\"2026-05-24T02:46:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/1395.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Algebra Ventures\",\"EnterpriseAM\",\"Laila Hassan\",\"moves\",\"Omar Khashaba\"],\"articleSection\":[\"Moves\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/algebra-ventures-promotes-laila-hassan-and-omar-khashaba-to-managing-partners\/\",\"name\":\"Algebra Ventures promotes Laila Hassan and Omar Khashaba to managing partners - 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Hassan will join Algebra later this year from 500 Startups, where she had played a key role in executing follow-on strategy for\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/52.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570773,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/14\/algebra-ventures-promotes-omar-khashaba-to-principal\/","url_meta":{"origin":705130,"position":1},"title":"Algebra Ventures promotes Omar Khashaba to principal","author":"enterpriseam admin","date":"14 April 2020","format":false,"excerpt":"MOVES- Our friends at Algebra Ventures have named Omar Khashaba (Linkedin) a principal; Khashaba had previously been senior associate in the firm, according to a company statement (pdf). Khashaba will be charged with identifying possible new investments as well as working and holding board positions with portfolio companies. Before joining\u2026","rel":"","context":"In "Speed Round"","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":556148,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/ifc-ebrd-to-invest-in-algebras-second-fund\/","url_meta":{"origin":705130,"position":2},"title":"IFC, EBRD to invest in Algebra\u2019s second fund","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"IFC, EBRD are getting in on first close of Algebra\u2019s second fund: The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) are set to participate in the first close of Algebra Ventures\u2019 USD 90 mn second tech fund, Algebra Ventures Managing Partner Tarek Assaad tells\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553909,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/13\/algebra-ventures-fund-ii-locks-usd-15-mn-from-ebrd\/","url_meta":{"origin":705130,"position":3},"title":"Algebra Ventures Fund II locks USD 15 mn from EBRD","author":"enterpriseam admin","date":"13 December 2021","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures\u2019 second tech fund, according to the bank\u2019s website. The respected Egyptian venture capital firm is targeting a USD 60 mn first close for its latest fund, which was initially targeted for\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/318.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563600,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/08\/my-morning-routine-omar-khashaba-partner-in-algebra-ventures-fund-ii\/","url_meta":{"origin":705130,"position":4},"title":"My Morning Routine: Omar Khashaba, partner in Algebra Ventures Fund II","author":"enterpriseam admin","date":"8 July 2021","format":false,"excerpt":"Omar Khashaba, partner in Algebra Ventures Fund II: Each week, my Morning \/ WFH 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 Omar Khashaba, partner\u2026","rel":"","context":"In "My Morning Routine"","block_context":{"text":"My Morning Routine","link":"https:\/\/enterpriseam.com\/egypt\/my-morning-routine\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/84.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545754,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/11\/algebra-lands-usd-15-mn-from-ifc-for-new-fund\/","url_meta":{"origin":705130,"position":5},"title":"Algebra lands USD 15 mn from IFC for new fund","author":"enterpriseam admin","date":"11 April 2022","format":false,"excerpt":"The IFC has committed USD 15 mn to Algebra\u2019s second tech fund: The International Finance Corporation (IFC) has confirmed that it will pour USD 15 mn into Algebra Ventures\u2019 USD 90 mn second tech fund, it said in a statement. The investment was approved by the international lender\u2019s board in\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/198.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\/705130","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=705130"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/705130\/revisions"}],"predecessor-version":[{"id":705169,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/705130\/revisions\/705169"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/705112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/705131"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=705130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=705130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=705130"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=705130"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=705130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}