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Article: Tejari launches operations in Egypt in partnership with Al Ahly for Development & Investment.
- Article from:
- Middle East and North Africa Business Report
- Article date:
- February 6, 2007
CopyrightCOPYRIGHT 2007 Middle East and North Africa Business Report. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Feb. 6--Tejari, the region's leading online marketplace, today announced the launch of Tejari Egypt, a major new operation and gateway into the North Africa market. In partnership with Al Ahly for Development and Investment (ADI), Egypt's first venture capital company, Tejari Egypt will introduce the benefits of e-procurement and e-commerce services to the country's government departments and private enterprises.
Addressing the media at Cairo ICT 2007 exhibition, Tejari CEO Omar Hijazi said: "Over the next five years, we plan to cater for more than 20,000 Egyptian organizations who will adopt e-procurement through Tejari Egypt, resulting in more than $1 billion ...