Back to the complete issue
Tuesday, 29 March 2022

WaffarX appoints new chairman

Cashback services startup WaffarX has appointed Kevin Johnson (LinkedIn) as its chairman, according to a company statement (pdf). Johnson spent nine years at the helm of e-commerce firm Ebates, which was sold to Rakuten in 2014 for US 1 bn, and also served as CEO of online learning platform Udemy. Johnson has also made an undisclosed personal investment in WaffarX — his first in a startup outside the United States. The company says Johnson will “play a core role in accelerating WaffarX’s expansion, developing its platform and reach.”

Director Amr Ramses will helm next year’s Cairo International Film Festival, according to a statement (pdf) out yesterday quoting festival president and star actor Hussein Fahmy. Ramses worked as an assistant director under renowned filmmaker Youssef Chahine and made the internationally noted documentary Jews of Egypt and the feature film Cairo Time. He was artistic director of the Gouna Film Festival for five years. His series “Colors of the Sea,” starring Khaled El Nabawi and Aisha Ben Ahmed, is scheduled to air soon.

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.