Shark Tank Egypt gets off to an exciting start
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The series premiere of Egypt’s version of Shark Tank kicked off with a bang with two startups giving up significant stakes in their companies in exchange for funding. The local version of the hit TV show showcases entrepreneurs pitching their projects and products to a panel of accomplished businessmen and investors (sharks) with the aim of securing an investment. The sharks: Egyptian Chinese Drilling Company founder Ayman Abbas; President and CEO of El Sewedy Electric Ahmed El Sewedy; Chairman and CEO of Mobica Designs Mohamed Farouk; founder and CEO of online shopping platform MITCHA Hilda Louca; co-founder and CEO of Infinity Solar and Managing Director of McDonald’s Egypt Mohamed Ismail Mansour; and CEO and managing director of Madinat Nasr for Housing and Development Abdullah Sallam. The first episode featured a diverse group of companies vying for funding: Health food startup Country’s, Habu Arts, a handmade Alabaster home accessories producer,virtual commerce platform StepInside, and poultry agritech/fintech platform Dajin. New episodes air every Saturday at 9pm exclusively on CBC and WATCH IT.