Home
Previous Post
This Adorbz Egyptian Brand Makes Onesies for Babies and We're Here for It
Next Post
20 Speakers Not to Miss at the Debut Edition of Narrative Disruptors

Egyptian Billionaire Mohamed Mansour to Invest in AI

Mansour is betting on the future.

Mohamed Mnasour

Mohamed Mansour, the Egyptian business-mogul and billionaire, is known, along with his siblings Yassin and Youssef, to have built a business empire stretching across Egypt and 100 other countries. From his London office, Mansour said to Forbes that he's currently planning a massive $200 million investment in Artificial Intelligence (AI) and other futuristic technologies, betting that such an investment would prove hugely profitable in the long run.

With a net worth totaling at $2.3 billion, Mansour is the richest member of his family and currently stands as one of the wealthiest businessmen in Egypt. The siblings have taken the helm of the Mansour Group after their father's passing four decades ago, and have since completely overhauled the company and built close ties with massive business conglomerates the world over, like Chevrolet, Marlboro, General Motors and Caterpillar.

Investment in AI and other revolutionary technologies comes in line with Mansour's belief in constant change, specially when it comes to innovations in transportation technologies. "Me and my brothers have good instinct when it comes to business," said Mansour to Forbes. "We know everything we need to know about the transportation sector, and we also know how much its changing. We're not yet at the top of the mountain."  

Photo: Forbes


Todays Events
Thursday Night Live @ CJC
Bars
Date: 6/20/2019
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club
The African Table Launch Party @ CJC 610
Bars
Date: 6/20/2019
Time: 3:00pm - 3:00am
Venue: Cairo Jazz Club 610
Disco Pool @ Vibes Beach
Parties
Date: 6/20/2019
Time: 1:00pm - 4:00am
Venue: Vibes Beach
World Refugee Day 2019 @ Greater Cairo
Festival
Date: 6/20/2019
Time: 3:00pm - 7:00pm
Venue: Cairo
Fête De La Musique 2019 @ Al Azhar Park
Festival
Date: 6/20/2019
Time: 7:30pm - 10:30pm
Venue: Al Azhar Park
Workers Of Cotton Company @ Mashrabia Gallery
Exhibitions
Date: 6/20/2019
Time: 11:00am - 8:00pm
Venue: Mashrabia Art Gallery
Crashbombbang & Teddy @ The Tap East
Bars
Date: 6/20/2019
Time: 10:00pm - 3:00am
Venue: The Tap East
Sagat Night @ Underground
Bars
Date: 6/20/2019
Time: 10:00pm - 3:00am
Venue: UnderGround