News 24 | An Egyptian young man caught attention after he was praised by the ruler of Dubai. What is his story?

  News 24 |  An Egyptian young man caught attention after he was praised by the ruler of Dubai. What is his story?

UAE Vice President and Ruler of Dubai, Mohammed bin Rashid Al Maktoum, during the past few hours, has praised an Egyptian youth for surpassing the value of his company which he founded in Dubai for $1.5 billion . .

Sheikh Mohammed bin Rashid praised 28-year-old Mustafa Qandeel for his success in building a company for smart solutions for mass transit, which was listed on the Nasdaq stock exchange.

The company founded by Qandeel has been able to acquire customers whose numbers have reached 1.4 million passengers in just 4 years, with an average of 46 million trips to date across multiple countries.

An Egyptian young man included in the “Forbes” list of the most influential Arab youth in 2018 began to participate in the founding of a company “”.SwavaliPublic transport in Egypt in 2017.

Qandeel received a bachelor’s degree in energy and petroleum engineering from American University in Cairo in 2014, and served as an assistant professor at the university in the same year.

In addition to serving on the Dubai Chamber’s advisory board since last June, he held the position of Director of Operations at Rocket Internet for the next two years, before being appointed to launch Carrom in new markets between 2016 and 2017.

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