our companies: successes in the making

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Advanced Smart Cards (ASC) manufactures a wide variety of plastic cards, with over 25 million smart cards, 15 million scratch cards and numerous other printing and magnetic cards in the Egyptian market to date. The company’s client list includes large customers such as Menatel and Telecom Egypt, and is the main supplier for the e-government food subsidy cards automation program.
http://www.ascegypt.com/
Investment Team: Tarek Assaad
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Hany Assal
Founder
Allied Egypt offer business process outsourcing services locally and internationally in the following areas: medical transcription, data collection, archiving, and processing. The company seeks to expand further internationally as an offshore supplier to the United States and Europe.
http://www.alliedsoft.net
Investment Team: Tarek Assaad , Ziad Mokhtar
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Mohamed Reda
Founder & CEO
Coltec is a leading provider of Arabic language processing tools. The sole provider of such tools to Microsoft, Coltec’s bi-directional dictionaries and grammar checker are integrated within the Office suite. Its products are used by large IT vendors to support existing offerings and by intelligence agencies for optimal searching of Arabic text.
http://www.coltec.com
Investment Team: Shayan Habib , Ziad Mokhtar
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Taghrid Anbar
Founder
ConnectmeTV is a leading provider of integrated digital media delivery platforms in the Middle East. ConnectmeTV aims to revolutionize the way consumers in the Arab world use and access Digital Media by creating a single focal point for dispersed digital mediums and delivering uniquely customized services for each target market.
http://www.connectmetv.com
Investment Team: Tarek Assaad , Ziad Mokhtar
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Ahmed Metwally
Founder and CEO
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Youssef Adnan
Founder
Diagnosoft focuses on implementing advanced methods for analyzing images of the heart obtained with Magnetic Resonance Imaging (MRI). Their patented HARP (HARmonic Phase) algorithm provides cardiologists and radiologists with a powerful tool for the measurement and visualization of cardiac muscle strain, motion, and performance level that has not been possible before.
http://www.diagnosoft.com
Investment Team: Shayan Habib , Ziad Mokhtar
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Nael Osman
Founder
Ensphere Solutions, Inc. a fabless semiconductor company develops and markets semiconductor products for various optical interfaces used in mainstream applications in communication, consumer electronic, and computing markets. In addition to chip-level products, Ensphere has offered design services and intellectual properties (IPs) to its strategic customers.
http://www.enspheresolutions.com
Investment Team: Tarek Assaad
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Hessam Mohajeri
Founder & CEO
Fawry is an electronic bill payment and presentment network that enables the Egyptian public to conveniently and securely pay their bills through the various electronic channels available at banks; including ATMs, the internet, mobile phones, call centers and IVR.
http://www.fawry-eg.com
Investment Team: Tarek Assaad
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Ashraf Sabry
Founder & CEO
IdealRatings is a financial service that identifies Shariah compliant instruments globally and manages Shariah funds covering more than 95% of the global market capital. IdealRatings services is currently used by some of the leading financial institutions worldwide.
http://www.idealratings.com
Investment Team: Tarek Assaad , Shayan Habib
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Mohamed Donia
Founder
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Youssri Helmy
CEO
IdentityMind is a new security services company focusing on security issues for online payments and financial services. The company is still in "stealth mode" and will announce its product and strategic focus at the beginning of 2010. It has a development office in both the US and will shortly open an office in Cairo, Egypt.
Investment Team: Tarek Assaad , Ziad Mokhtar
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Taher El Gamal
Founder & CEO
Nefsak is Egypt's fastest growing online retailer. It features over 14,000 different products from computers and electronics to home decoration and fashion. It was founded in 2008 by Sherif Nassar who is an ex IBM executive.
www.nefsak.com
Investment Team: Tarek Assaad , Ziad Mokhtar
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Sherif Nassar
Founder and CEO
NEZAL is a social games technology company based in Alexandria, Egypt. The company has developed advanced technology that will enable it to bring to the MENA market high quality social games. This will include online as well as mobile games with different degrees of localization. Some games will have a local theme that is sensitive to the historic and current cultural preferences and some games will have concepts that are completely inspired by local or regional topics or events.
Investment Team: Shayan Habib , Ziad Mokhtar
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Muhammad Ali
Founder and CEO
Egypt's first group buying website. Offerna offers its users 50%-90% discounts on various services.
www.offerna.com
Investment Team: Tarek Assaad , Shayan Habib
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Abdullah Assal
Founder and CEO
OstazOnline is a virtual, interactive classroom for students from K4 to K12 studying the Egyptian curriculum. The content for all subjects has been developed professionally in both Arabic and English. The company has an eye on pursuing regional partnerships.
http://www.ostazonline.com
Investment Team: Shayan Habib , Ziad Mokhtar
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Ahmed Adel
Founder and CEO
RDI produces multimedia and voice technologies in Arabic. The company has grown extensively since, with offices in Saudi Arabia and the UAE. It is looking to expand internationally by establishing offices in Europe and the United States.
http://www.rdi-eg.com
Investment Team: Shayan Habib , Ziad Mokhtar
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Mohsen Rashwan
Founder
Smart Wireless Systems offers integrated circuit design services as well as turn-key chip design and manufacturing. It is also building a databank of analog mixed-signal and design solutions for application-specific integrated circuits. The company is targeting the United States and Europe to ultimately position itself as a global IP provider.
http://www.si-ware.com
Investment Team: Tarek Assaad , Ziad Mokhtar
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Hisham Haddara
CEO
Smart Cards Application specializes in turn-key e-government solutions, from business analysis and smart chip development to training, point-of-sale setup, risk management, and ongoing operations and reporting. One key e-government project is the food supply card automation project, initiated in Suez and now expanding to multiple governorates.
http://www.egpytsmartcards.com
Investment Team: Tarek Assaad
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Tawfik El Bardai
Co-Founder