MAIN Partners with Orascom Development and GIZ To Launch Their 1st Annual Summit

The Middle East Angel Investment Network (MAIN) announces the launch of the 1st Annual Summit which will take place next weekend -1st and 2nd November- in El-Gouna.

“Apart from the support and commitment of our primary partners, GIZ and ODE, turning this dream into a reality would not have been possible without the generosity and dedication of all the leading angel investing groups, VCs and accelerators in the region, as well as the support of all our education, location, media and transportation partners,” said Aly El Shalakany, Chairman of MAIN.

Earlier this year, the Deutsche Gesellschaft fur Internationale Zussamenarbeit (GIZ), on behalf of the German government signed an agreement with MAIN to offer technical, administrative and financial support over the coming two years.

MAIN has also partnered with Orascom Development (ODE) as destination partner and have agreed to host the inaugural summit for MAIN in El Gouna, ODE’s flagship town which is the first destination in Africa and the Arab Region to be awarded the Global Green City Award by the United Nations Environment Program.

“El Gouna is happy to be hosting the first annual summit for MAIN. For all Orascom Development projects whether in Egypt or abroad we aim to bolster and host events which serve as pioneering platforms for various fields including culture, sports or economic industries,” said Khaled Bichara, CEO of Orascom Development.

Bichara also sees that El-Gouna is a perfect place for “entrepreneurs and motivated, driven individuals in search of a positive environment to better themselves and benefit respective communities.”

“This is a means for us to maintain the sustainability of our projects, give back to the community and offer more to our residents,” Bichara added.  

The summit will bring together leading angel investors, venture capital firms and industry experts to talk about the latest industry developments in FinTech, CleanTech, HealthTech, and TransportTech and will provide three separate tracks of masterclasses that will target beginner, intermediate and advanced angel investors.