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How Shark Tank is Boosting the Entrepreneurial Spirit in Egypt

February 16, 2023

In a once in a lifetime chance, aspiring entrepreneurs are getting the opportunity to pitch their business ideas to a panel of self-made moguls—five sharks—in the American reality show ‘Shark Tank.’The contestants present their ideas to the sharks, hoping to get funding in exchange for equity in their business. The Egyptian version of this critically acclaimed, multi-Emmy Award-winning reality show hit local television screens in January of this year, featuring a group of experienced and affluent Egyptian investors. The Egyptians sharks include Hilda Louca, founder and CEO of online shopping platform MITCHA Hilda Louca; CEO of El Sewedy Electric Ahmed El Sewedy; co-founder and CEO of Infinity Solar and Managing Director of McDonald’s Egypt Mohamed Ismail Mansour; CEO and managing director of Madinat Nasr for Housing and Development Abdullah Sallam; Egyptian Chinese Drilling Company founder Ayman Abbas; and chairman and CEO of Mobica Designs Mohamed Farouk. Ultimately, a show like ‘Shark Tank’ presents a multitude of positive opportunities for aspiring entrepreneurs. Besides the inspiration viewers derive from watching the show, the questions, feedback, and pointers given to contestants by the sharks are important to take into consideration. Over the past…


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