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After a ten-year run leading a high-end retailer of imported food in Egypt, Jalal Abu Gazaleh nearly fell off a cliff when the devaluation of the EGP saw prices skyrocket, inflation go through the roof — and an effective ban on imports put in place.
In today’s episode, Jalal talks with us about how he built the business from a one-desk meat importer into a retail powerhouse and an early pioneer of e-commerce — and saved his business by becoming a food manufacturer. Today, his private-equity backed business is growing nationally, looking at regional expansion and mulling prospects for an IPO sometime down the road.
** Subscribe to Enterprise, our 6am briefing on business, finance, and economics in Egypt (also free) at www.enterprise.news.
Making It is grateful for the generous support of:
CIB, Egypt’s number-one private-sector bank and the partner of choice for CEOs and leaders of businesses at all stages of their growth stories.
The United States Agency for International Development, which has a 40-year history of inspiring Egyptian success in partnership with the Government and people of Egypt.
EFG Hermes, the leading financial services corporation in frontier emerging markets helping businesses realize their full growth potential.
Links:
* Gourmet: GourmetEgypt.com
* Enterprise: Enterprise.news
* Inktank: Inktankcommunications.com
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An introduction to Making It, by one of our hosts Patrick, Enterprise's editor-in-chief and co-founder.
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Introducing Enterprise's first podcast series that tackles great businesses in Egypt and the stories behind them, straight from the founders and CEOs themselves.
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From the publisher's feed
Six days a week, we help top executives make sense of the Arab world’s companies and economies — and every Thursday, our editor-in-chief, Patrick, talks shop with the people who run them.
Making It is an hour where the founders, CEOs, investors, and policymakers making the biggest decisions in our region show their work and talk about what’s next.
From EnterpriseAM, the Arab world’s business daily.

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