Arab FinanceHossam Heiba, CEO of the General Authority for Investment and Free Zones, met with a delegation of member companies of the global Endeavor network, a leader in supporting startups and entrepreneurship, to discuss investment opportunities in the Egyptian market in several sectors, the most important of which are financial technology, electronic games, sustainability and environmental protection, according to a statement. cabinet.
Hossam Heiba ​​stressed the importance of the partnership between the government and emerging companies capable of creating innovative solutions to support the Egyptian economy and achieve its goals in terms of economic growth, export, employment, and localization of technology. Amr El Abd, CEO of Endeavor Egypt, said that the attractiveness of the Egyptian market for investment, the availability of young talent, and the efforts… The government and private sectors to support entrepreneurship are among the factors that pushed the Egyptian market to be among the fastest growing markets in the startup sector globally, which called on investors from the rest of the world’s markets to be interested in investing in Egypt.
Justin Lascevicius, co-founder of TransferGo, the British company specialized in financial technology, expressed the company’s desire to pump investments into the Egyptian market, to serve Egyptian expatriates abroad, to facilitate the pumping of their remittances to support the Egyptian economy, as the company provides remittance services in 160 countries around the world, including countries It hosts a large number of Egyptians abroad.
Mary Ojo, from Carry First, the largest platform for developing, publishing and selling games in Africa, said that the company aims to localize electronic games in Egypt and make them more relevant and expressive to Egyptians, as it did in a number of countries on the continent, where it helped African game developers achieve a good income. Despite the difference in cultures and languages, and the weakness of the technological infrastructure, she pointed out that the Egyptian market has tremendous opportunities in the field of producing electronic games.
Abdel Moez Sajid, CEO and founder of We Matrix, which specializes in providing sustainability solutions to clothing companies, said that his company has already begun to cooperate with Egyptian manufacturers and provide sustainable solutions that are compatible with the environmental requirements imposed by the most important importing markets for Egyptian clothing, in the United States of America and the European Union. .
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