The distressed company underwent a turnaround strategy that focused on product innovation and diversification, helping to regain the company’s competitive edge.
After graduating from Alexandria University’s Faculty of Commerce in 1996, Arafat Sakr established his credentials in the business world by founding Nile Investments Security Company in 1998, where he presided as Executive Director, steadily growing the company until its sale to Naeem Holding for 300m EGP. In addition to his role as Chairman of ICON and ACROW Misr, he also sits as a board member for Mega Investments Holding and Sun Infinite Energy.