Back to the complete issue
Sunday, 6 March 2022

Egyptian app Elves partners with travel group Der Touristic Eastern Europe

(xxDA) Travel app Elves will be getting a slew of new users as part of a new partnership with major travel operator Der Touristik Eastern Europe, the companies announced yesterday in a statement (pdf). The two companies will cooperate together and direct up to 200k tourists visiting Egypt to use Elves, as well as help the homegrown app tap into new, international destinations including Greece, Spain, Mexico, and Africa, said Elves CEO Karim El Sahy.

About Elves: After launching as a general digital concierge service, last year the AI-powered app repositioned itself in the tourism sector and now provides a range of services targeted at travelers, such as hotel and flight bookings, restaurants reservations, and covid travel advice.

Learn more about how Elves has been focusing on expanding its machine learning capabilities from our podcast, Making It, where we interviewed co-founders Karim El Sahy and his business partner (and wife) Abeer El Sisi. You can listen to the episode here.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.