Egyptian financial services firm, Catalyst Partners plans to restructure three family-run food companies in a bid to list them on the country’s SME bourse, NILEX before the end of 2016, an official said on Monday.
Aly El-Tahry, Co-Founder at Catalyst, further told Amwal Al Ghad that his company aims to focus on the small and medium-sized businesses for they are a primary partner in achieving the nation’s economic development.
SME sector creates around 80-90 percent new job opportunities in various sectors, El-Tahry added.
Established in 2012, Catalyst Partners is a growth investment firm that focuses on developing medium-sized enterprises and family businesses in Egypt. It functions as a catalytic agent for growing businesses, simultaneously fostering and monitoring expansion to ensure a sustainable future for its partners.