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Belal EL-Megharbel

Co-Founder & CEO at MaxAB

Belal El-Megharbel is the Co-Founder and CEO of MaxAB, an innovative e-commerce platform that connects brands with grocery and food retailers in Egypt. He graduated from Virginia Polytechnic Institute and State University with a Bachelor of Applied Science in Industrial Engineering. Before founding MaxAB in 2018, he worked at Careem, a prominent ride-hailing service in the Middle East, where he served as General Manager for Cairo and Alexandria, overseeing operations and launching new services like Careem bikes.134

El-Megharbel's entrepreneurial journey began when he recognized the inefficiencies in Egypt's grocery supply chain. He aimed to streamline the procurement and delivery processes for small retailers, which make up a significant portion of the grocery market. Under his leadership, MaxAB has grown rapidly, featuring over 22,000 retailers and facilitating better access to products and credit for these businesses. The company secured $6.2 million in seed funding within ten months of its launch, marking it as one of the largest amounts raised by a Middle Eastern startup at that time.345

In addition to his role at MaxAB, El-Megharbel is certified in Lean Six Sigma and is fluent in both English and Arabic.23

Highlights

Jun 13 · linkedin

Proud of our continuous collaboration with the IFC to empower women entrepreneurs in Egypt’s most underserved areas and helping to improve their lives. We are unlocking the potential of female retailers and driving economic growth by providing access to financing, training, and mentorship.

Anissa Kanoun MaxAB IFC - International Finance Corporation

Feb 4 · linkedin

Join us in our quest to Re-engineering the food and grocery market in Egypt.

Related Questions

What inspired Belal El-Megharbel to leave Careem and start MaxAB?
How did Belal El-Megharbel's experience at Careem influence his approach to building MaxAB?
What challenges did Belal El-Megharbel face when starting MaxAB?
How has MaxAB impacted the grocery market in Egypt?
What innovative technologies is Belal El-Megharbel using at MaxAB?
Belal EL-Megharbel
Belal EL-Megharbel, photo 1
Belal EL-Megharbel, photo 2
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Experience

Co-Founder & CEO at MaxAB (August 2018 - Present)
General Manager at Careem (September 2016 - April 2018), Imports Operations Manager at ElEtihadya for Development and Investment (October 2014 - July 2016)

Education

Bachelor of Applied Science (B.A.Sc.) in Industrial Engineering from Virginia Polytechnic Institute and State University (2011 - 2014); The American University in Cairo (2009 - 2011)

Location

Egypt