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November 7, 2022

Hexem founder Michael Siegert discusses the development of a wastewater treatment technology which allows the recovery of energy and clean water at a much smaller footprint than current technologies.

The European energy crises has been caused by a mix of various factors, including the post-pandemic surge in demand, investors’ reluctance to develop new fossil fuel projects, the embargo on Russia and the Organisation of the Petroleum Exporting Countries’ (OPEC) decision to throttle their petroleum output. In this complex situation, European countries are being forced to develop alternative energy sources.

October 14, 2022

Mary Anne Cordeiro, CEO of Science to Business Ltd, explains how the question of safe handling of emergency patients led to the creation of innovative device ThermoTraumaPort.

Vital gaps which exist in the safe handling of emergency patients are solved by ThermoTraumaPort, a revolutionary transfer device created to aid medical services and benefit patients.

October 5, 2022

Companies developing net zero-targeting water innovation, artificial intelligence-driven postage and wastewater treatment technology will exclusively present in-person as Campden Wealth heads to Lausanne, Switzerland, for the ClimateTech Investing Forum on December 6 and 7.

With COP27 bringing together a host of world leaders in Sharm El-Sheikh, Egypt, this November, the subject of global decarbonisation is being brought right back to the top of the world agenda.

While the 2022 United Nations Climate Change Conference will bring all aspects of environment action into the spotlight, reaffirming and setting goals to reverse the effects of the ongoing crisis, innovators and entrepreneurs are devising powerful solutions to make these sustainability aims a reality.

September 8, 2021

Family businesses play a critical role internationally and in the context of African economies. However, due to a lack of reliable data their significance and contributions are not fully appreciated or understood. One thing is clear, however—family-owned businesses are the backbone of the African economy.

Family businesses play a critical role internationally and in the context of African economies. However, due to a lack of reliable data their significance and contributions are not fully appreciated or understood. One thing is clear, however—family-owned businesses are the backbone of the African economy.

May 27, 2014

Nassef Sawiris is considering relisting part of OCI, the Netherlands-listed construction and fertiliser company, on the Cairo stock exchange.

Nassef Sawiris is considering relisting part of OCI, the Netherlands-listed construction and fertiliser company, on the Cairo stock exchange.

Sawiris, who is chief executive of OCI, allegedly sent out a number of proposals to local and international banks to test the water for a potential sale, which according to unnamed individuals close to the entrepreneur, could be worth €220 million.

July 25, 2013

Major investment by the likes of big family business could help bring political stability to Egypt, according to a professor of political economy – as long as charges of cronyism are avoided.

Major investment by the likes of big family business could help bring political stability to Egypt as it grapples with a transitional military government following the ousting of the Muslim Brotherhood, according to a professor of political economy – as long as charges of cronyism are avoided.

This month second-gen head of Orascom Construction, Naguib Sawiris, announced he would be investing billions in his native country following the ousting of President Morsi and the Muslim Brotherhood, who were installed following the Arab Spring uprising of early 2011.

March 25, 2008

A member of Egypt’s wealthiest family is to move his hotel empire from Cairo to Altdorf, Switzerland in a move designed to increase the firm’s growth.

A member of Egypt’s wealthiest family is to move his hotel empire from Cairo to Altdorf, Switzerland in a move designed to increase the firm’s growth. Chairman Samih Sawiris said he plans to relocate Orascom Hotels and Development and list its shares on the Swiss stock exchange.

A new holding company, Orascom Development Holding, will launch a public share exchange offer of one new share for each 10 existing shares as of 30 March. The group said it has already received irrevocable undertakings of acceptance of the swap of around 76%, including from the Sawiris family.

March 1, 2004

For a Westerner advising family businesses in Egypt the experience can be fraught with cultural challenges and entrepreneurial insights. A deeper understanding of foreign work ethics is only the beginning

Gerald Le Van is a Family Business Strategist based in Black Mountain, North Carolina. He is Managing Director of The Le Van Company (www.levanco.com).
(The author is indebted to Professor Tarek A Tatem and Larry C Hearn for ideas generated by their unpublished article, 'Egyptians and Americans: Developing Cross-Cultural Competence for Global Business'.)

For a Westerner advising family businesses in Egypt the experience can be fraught with cultural challenges and entrepreneurial insights. A deeper understanding of foreign work ethics is only the beginning

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