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    24 Apr, 2012

    Karim Elsahy, Founder and CEO of Genius Ventures, joins Sawari Ventures

    Cairo, Egypt—Sunday April 22, 2012—Sawari Ventures today announced the acquisition of Genius Ventures. Mr. Karim Elsahy, founder and CEO of Genius Ventures, has joined the Company’s team as Entrepreneur In Residence.

    “Genius Ventures gained significant traction in a short amount of time in deal sourcing and investor interest. I attribute that to its founder and that’s why we wanted to bring him to Sawari” said Ahmed El Alfi, Chairman Sawari Ventures.

    "Karim has a rare mix of entrepreneurial creativity and managerial acumen. We are excited to have him onboard. We have already funded his next venture and he is also advising two of our portfolio companies and the results have already started to show." Says Hany Sonbaty, Managing Partner of Sawari Ventures.

    "It’s a real honor to work with Sawari, they are turbo charging the Egyptian VC arena." says Karim Elsahy. "I was immediately taken with their commitment, knowledge, and experience but first and foremost I believe they are the team most likely to find … read more