Vodafone and UAE Seed Group Announce a Strategic Partnership
Vodafone, the leading global telecom player has signed a partnership agreement with Dubai-based Seed Group. This pact gives Vodafone xone’s startups access to the UAE market. Vodafone xone is Vodafone’s venture capital, incubation, and entrepreneurship support unit.
The agreement was signed by Eng. Khaled Hegazy, Vodafone Egypt External Affairs & Legal Director, and Mr. Hesham Al-Gurg, Seed Group CEO. The ceremony was attended by His Excellency Mr. Atef Helmy, Egypt’s Minister of Communications & Information Technology. Helmy praised this promising partnership that strengthens cooperation between Egypt and the UAE and unlocks new development opportunities in the telecom sector.
Eng. Khaled Hegazy said “We at Vodafone Egypt are happy with this new partnership that confirms Vodafone Xone’s role in supporting promising projects and helping them grow through investment, incubation and business development services.” He reiterated Vodafone’s commitment to support entrepreneurship as an important pillar for developing the telecom sector and revitalizing the Egyptian economy.
Mr. Hisham Al-Gurg stated, “We did not hesitate to partner with Vodafone; as we realize the innovation and ambitions of the Vodafone Xone entrepreneurs. We will provide all the support needed to the Xone companies in the UAE relying on our expertise in the UAE market.”
The signing ceremony took place at the Egyptian Ministry of Communications & Information Technology booth in GITEX Exhibition in Dubai. It was attended by a substantial number of Egyptian telecom journalists, UAE telecom officials, and GITEX visitors. Furthermore, three of Xone’s startups (Eshtery, Eventtus, Gyrolabs) were represented at the Egyptian booth.