What we’re tracking on 7 February 2019
** The 2019 Enterprise CEO Week wraps up this morning. We don’t drink startup Kool-Aid and we don’t worship at the temple of PE. Even if you’re more militant about this than we are, Tarek and Sherif are must-read interviews: You’ll walk away feeling a hell of a lot more optimistic about where our community could go — and about what’s possible through the power of entrepreneurship. We can think of no better note on which to end the week.
Today’s participants are:
- Tarek Assaad, managing partner, Algebra Ventures
- Sherif El Kholy, partner and head of Middle East & North Africa, Actis
Already this week, we have heard from:
- Osama Bishai (CEO, Orascom Construction)
- Hend El Sherbini (CEO, IDH)
- Amr Allam (Co-CEO, Hassan Allam Holding)
- Mohamed El Kalla (CEO, CIRA)
- Riad Armanious (CEO, EvaPharma)
- Elwy Taymour (Chairman and CEO, Pharos)
- F. John Matouk (Founding partner, Matouk Bassiouny)
- Basel El Hini (Chairman and managing director, Misr Insurance Holding Company)
Our sincere thanks to the execs who took time out of very busy days to join us as well as all those of you who have written and called with kind words.
In the money: The Central Bank of Egypt has officially received the fifth USD 2 bn tranche of its IMF loan, Reuters cited MENA. The transfer comes a day after the IMF’s executive board finished the fourth review of Egypt’s reform program and signed off on the disbursement.
The Confederation of African Football is in town to inspect the country’s stadiums ahead of the 2019 African Cup of Nations,according to Goal.com.
The Egypt Building Materials Summit takes place today at the Nile Ritz Carlton. The event brings together construction industry investors, developers, policymakers, service providers and consultants, and over a dozen keynote speakers.