“Malaikah”, held its monthly interactive session entitled: “Is Sports the Next Big Investment Goldmine or a Risky Game”
The esteemed panelists, Malaikah members and guests came together to discuss the development of the sports sector and the new vital role it is currently playing in taking part in shaping the economy of the country.
Panelists highlighted the fact that sports sector in Egypt is currently experiencing significant growth, with investments exceeding EGP 40 billion between 2018 and 2022 with further plans to invest LE 30 billion from the private sector alongside LE 15 billion from the state. Key areas include infrastructure development, sports tourism, and localizing sports manufacturing, with the goal of increasing sports’ contribution to GDP to 3% by 2032.
Eng. Samir El Alaily, Chairman, Malaikah shared his views presenting examples from countries within the region, as well as highlighting few numbers and indicators portraying the opportunities and the challenges from the investors points of views.
Egypt is leveraging its climate and facilities to promote sports tourism, including football, Padel, tennis, and other sports, which boost local businesses.
The extremely interactive discussion also highlighted the views of the investors attending the session, whether investing in this arising sector is attractive or risky.
A huge shout out to our athletes and amazing panelists Mr. Ismail Seddik, CEO, JPadel Sports Co., Ms. Marwa Elwany, Director of Sports Development, Misr Italia Properties, Ms. Nada Zaher, CEO, Grid Sports, Ms. Karma Sherif, Accounts Coordinator at Connection Marketing Ventures and Mr. Loay El Shawarby, Principal at El Shawarby Attorneys at Law, who moderated this amazing session.









































































