Back to the complete issue
Sunday, 15 November 2020

Karim Nour has joined Kashat as co-founder

MOVES- Karim Nour has joined Kashat as co-founder. Kashat is the first nano-finance company in MENA to provide small productive loans to the unbanked — all backed by machine learning. The company has been operating for a year now and recently wrapped a successful pilot. Karim joins Kashat from Tarek Nour Communications, which he served for 17 years, most recently as chief executive officer. He remains non-executive chairman of the Tarek Nour Group.

“Financial inclusion has become a passion of mine in recent years,” Karim tells us, “and the opportunity to do well by serving people who don’t have access to the financial system is exactly what I want to do at this stage in my career. This move is about the excitement of the challenge, but it is also an expression of confidence in the strong leadership team at TNC who continue to innovate and deliver real results for clients in mass outreach and communication”

Ahmed Tarek and Basel el Deeb take over from Karim as co-CEOs of Tarek Nour Communications.

DO YOU EVER DREAM OF A SECOND ACT? It takes confidence to step out of a successful career into something new — to roll the dice and see if you can build a second (or third) success. Maybe you dream of binning your corporate job and going back to school. Or of leaving medicine to start your own business. Or maybe to change industries as a senior exec.

If so, we want to hear from you. Second acts are one of the big themes of season four of Making It, our podcast on how to build a great business in Egypt. Karim will be joining us — will you? If you’re a “career switcher” in any sense of the word (or know someone who is) we’d love to hear from you on

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.