In pursuit of strengthening relations and fostering mutual cooperation, we are pleased to announce that the Egyptian Angels Investors Association “Malaikah” has signed a memorandum of understanding with The Egyptian Council for International Cooperation (ECIC), both NGOs have committed to form a joint Entrepreneurial and Investment Committee. This committee aims to develop and promote Egyptian businesses and startups in
emerging frontier markets.
Malaikah, as a leading angel investor association, and ECIC, dedicated to international cooperation have agreed to establish this Entrepreneurial and Investment Committee to enhance bilateral economic and business relations through exploring new market opportunities and ensuring successful collaborations for the development of
Egyptian startups and businesses.
Malaikah will head the Entrepreneurial and Investment Committee, taking responsibility for leading initiatives aimed at fostering entrepreneurship and investment in Egyptian businesses, particularly those targeting emerging frontier markets.
ECIC will work on supporting Malaikah’s efforts by expanding the committee’s reach, increasing involvement with international business and trade networks, and facilitating high-level engagement.
The signing took place at ECIC’s meeting and business dinner featuring H.E. Ahmed Elsheikh, Chairman of the Egypt Stock Exchange who witnessed the signing ceremony.