Ambassador Sajid Bilal met with prominent Egyptian start-ups with investment interests in Pakistan, at the Embassy today. The guests included representatives from SWVL, Trella, Paymob, Orcas, Kashat, & E-Scapes.
SWVL, the largest bus ride-sharing application, has been operational in Pakistan with an existing investment of US$10 million in the country. Trella, connecting shippers with qualified carriers, was launched last year in Pakistan. Paymob is looking to expand its payment solutions across Pakistan through its point-of-sales operations in the coming months. Orcas, a mobile application that provides educational services and helps connect tutors with parents is also looking towards the Pakistani market for operations.
The representatives of the start-ups appreciated the regulatory regimes and the availability of a talented workforce in Pakistan and shared their experiences of entering the market. The Ambassador lauded their efforts and offered his support for the further growth of Egyptian investment in Pakistan.
Cairo
6 December 2021
