Amr el-Nasharty is an Egyptian businessman and the founder and chief executive of the Egyptian Distribution Group, known as Edge. [1]
Egypt, officially the Arab Republic of Egypt, is a country in the northeast corner of Africa, whose territory in the Sinai Peninsula extends beyond the continental boundary with Asia, as traditionally defined. Egypt is bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba and the Red Sea to the east, Sudan to the south, Libya to the west, and the Mediterranean Sea to the north. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt.
The Egyptian Distribution Group is a supermarket chain in Egypt. It is headquartered in Giza, Egypt's third largest city.
In 1999, el-Nasharty sold 80% of Edge to U.K. grocer J. Sainsbury plc for £50 million as part of Sainsbury's attempt to diversify into the Middle East. The venture failed after the stores were boycotted over alleged links to Israel and Sainsburys withdrew from Egypt in 2001, selling the business back to el-Nasharty. The parties became embroiled in a bitter legal dispute over the terms of the buy-back that saw Sainsbury CEO Mike Coupe accused of criminal acts by an Egyptian court. [2] In June 2015, Coupe was acquitted of the charges. [3]
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign country located off the northwestern coast of the European mainland. The United Kingdom includes the island of Great Britain, the northeastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state, the Republic of Ireland. Apart from this land border, the United Kingdom is surrounded by the Atlantic Ocean, with the North Sea to the east, the English Channel to the south and the Celtic Sea to the south-west, giving it the 12th-longest coastline in the world. The Irish Sea separates Great Britain and Ireland. The United Kingdom's 242,500 square kilometres (93,600 sq mi) were home to an estimated 66.0 million inhabitants in 2017.
The Middle East is a transcontinental region centered on Western Asia, Turkey, and Egypt. Saudi Arabia is geographically the largest Middle Eastern nation while Bahrain is the smallest. The corresponding adjective is Middle Eastern and the derived noun is Middle Easterner. The term has come into wider usage as a replacement of the term Near East beginning in the early 20th century.
Israel, also known as the State of Israel, is a country in Western Asia, located on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea. It has land borders with Lebanon to the north, Syria to the northeast, Jordan on the east, the Palestinian territories of the West Bank and Gaza Strip to the east and west, respectively, and Egypt to the southwest. The country contains geographically diverse features within its relatively small area. Israel's economic and technological center is Tel Aviv, while its seat of government and proclaimed capital is Jerusalem, although the state's sovereignty over Jerusalem has only partial recognition.
Asda Stores Ltd trading as Asda, is a British supermarket retailer, headquartered in Leeds, West Yorkshire. The company was founded in 1949 when the supermarket owning Asquith family merged with the Associated Dairies company of Yorkshire. It expanded into the south of England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI, then sold off its acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by the American retail giant Walmart for £6.7 billion. Asda was the second-largest supermarket chain in Britain between 2003 and 2014 by market share, at which point it fell into third place. Since April 2019 it has regained its second-place position, behind Tesco and ahead of Sainsbury's.
Sainsbury's is the second largest chain of supermarkets in the United Kingdom, with a 15.3% share of the supermarket sector. Founded in 1869, by John James Sainsbury with a shop in Drury Lane, London, the company became the largest retailer of groceries in 1922, was an early adopter of self-service retailing in the United Kingdom and had its heyday during the 1980s. In 1995, Tesco overtook Sainsbury's to become the market leader, and Asda became the second largest in 2003, demoting Sainsbury's to third place for most of the subsequent period until January 2014, when Sainsbury's regained second place. In April 2019, whilst awaiting to merge with Asda, Sainsbury's was again demoted into third place as their rival placed second.
The chief operating officer (COO), also called the chief operations officer, is one of the highest-ranking executive positions in an organization, comprising part of the "C-Suite". The COO is responsible for the daily operation of the company, and routinely reports to the highest-ranking executive, usually the chief executive officer (CEO).
Justin Matthew King, CBE is a British businessman, who served as the CEO of J Sainsbury plc, parent company of the supermarket chain Sainsbury's, for 10 years before stepping down in July 2014.
The United States Chamber of Commerce (USCC) is a business-oriented American lobbying group.
Randall Lynn Stephenson is an American telecommunications executive. He is the current chairman and chief executive officer (CEO) of AT&T Inc. since May 9, 2007. He served as National Chair of the Boy Scouts of America from 2016 to 2018.
Univision Communications Inc. is an American media company headquartered in Miami. Since its founding in the early 1960s as Spanish International Network (SIN), the nation’s first Spanish language television network, the company has catered to Hispanic and Latino Americans. Today it is a multimedia company with broadcast cable, digital and audio networks, including 65 television stations, online and mobile apps and products.
Mohamed Aly El-Erian is an American businessman. He is chief economic adviser at Allianz, the corporate parent of PIMCO where he served as CEO and co-chief investment officer (2007–2014). He served as chair of President Obama's Global Development Council (2012–17), and is a columnist for Bloomberg View, and a contributing editor to the Financial Times.
Perween Warsi, Founder and Chief Executive, S&A Foods until 2015. She is now a business development consultant to the food industry with Succeda.
Hisham Talat Moustafa is an Egyptian businessman who had been elected in 2004 to the Shura Council in the Parliament of Egypt. As the former chairman and head of the Real Estate Branch of the Talaat Moustafa Group, his net worth was estimated at $800 million in 2007. He was arrested on September 2, 2008 and found guilty on May 21, 2009 for his involvement in the murder of Lebanese singer Suzanne Tamim, but his sentence to death by hanging was overturned on a legal technicality. Following a retrial in 2010, he was sentenced to 15 years' imprisonment. Moustafa was released after 9 years on June 23, 2017 after receiving a presidential pardon.
Orange Egypt, formerly Mobinil, is the first mobile network operator in Egypt, founded on March 4, 1998. Orange provides voice and data exchange services, as well as 4G, 3G, ADSL and broadband internet.
The trials and judicial hearings following the 2011 Egyptian Revolution were a series of legal moves to establish accountability among the various Egyptian government officials and prominent businessmen.
On 1 February 2012, a massive riot occurred at Port Said Stadium in Port Said, Egypt, following an Egyptian Premier League football match between Masry and Ahly. 74 people were killed and more than 500 were injured after thousands of Masry spectators stormed the stadium stands and the pitch, following a 3–1 victory by their team, and violently attacked Ahly fans using clubs, stones, bottles, and fireworks, getting them all trapped in El Ahly partition of the stadium. Many of the deaths were due to the police's refusal to open the stadium gates, trapping the Ahly fans inside, leaving some to die, and killing others in a stampede to escape.
David Alan Siegel is an American businessman who founded Westgate Resorts Ltd, a Florida-based timeshare resort firm where he serves as president and chief executive officer. He has nine biological children and two adopted children. Siegel is CEO of CFI Resorts Management Inc. and Central Florida Investments Inc. and his other businesses include real estate, construction, hotel and apartment management, travel services, insurance, transportation, and retail.
Michael Andrew Coupe, is a British businessman, the CEO of J Sainsbury plc, parent company of the supermarket chain Sainsbury's since July 2014.
Mark Marie Robert Karpelès, also sometimes known by his online alias MagicalTux, is the former CEO of bitcoin exchange Mt. Gox. He moved to Japan in 2009.
Fame House is a Philadelphia-based digital marketing and e-commerce agency, with satellite offices in Los Angeles and New York City, that specializes in direct-to-consumer services for the music and entertainment industries, focused on building, marketing, managing, and monetizing its clients' online presence. Founded by Michael Fiebach in 2011 following years working for DJ Shadow, the company was acquired by SFX Entertainment in 2013 for an undisclosed sum, and is the first company to monetize music through BitTorrent. In 2015, Philadelphia (magazine) named Fame House one of Philly's 20 Coolest Companies.
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