Back to the complete issue
Thursday, 6 May 2021

THURSDAY KUDOS- Egypt sends medical aid to India + Dutch embassy, Alexbank set up incubation programs

Egypt sent 30 tonnes of medical aid to India, including 300 oxygen cylinders and 100 hospital beds, to help the country contend with a devastating surge in covid-19 cases, according to a statement. India’s health system and cremation services have been overrun with an unprecedented surge in covid cases, with over 357.2k cases being added to the count yesterday bringing the total to over 20.3 mn, reports CNBC.

The Dutch embassy in Egypt and AlexBank are setting up two business incubation programs, called Orange Corners, to train 15-25 entrepreneurs in Cairo and Assiut, according to a statement. While putting a special emphasis on startups focused on agriculture and innovation, at least half of the initiative’s participants will be women entrepreneurs.

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.