Nestlé Egypt honored at BT100 for market share growth

CAIRO –20 February 2018: Moutaz Al Hout, chairman and CEO of Nestlé Egypt was honored on Monday for the company's remarkable market share growth in the FMCG sector.

Egypt’s leading economics magazine Business Today held on Monday the 15th edition of its award ceremony “BT100” to honor top 50 influential figures and 50 innovative companies positively impacting the Egyptian economy in 2017.

The awarded companies included OPPO Electronics Corporation, Jumia Egypt and Nestle Egypt for their remarkable market share growth in 2017.

The event hosted more than 600 attendees, including state ministers, headed by Finance Minister Amr El-Garhy, Minister of Housing and Urban Communities Mustafa Madbouly, Minister of Electricity Mahmoud Shaker, Minister of Investment and International Cooperation, Sahar Nasr, Minister of Communications and Information Technology Yasser El-Kady and Minister of Health and Population Ahmed Emad El-Din Rady.

The awarded entities were selected based on their overall performance in the past year, impact on the economic progress, stock exchange performance, creativity with practical solutions, sustainable public-private partnerships and alignment with the goals outlined in Egypt 2030 Vision.