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Business Today - Dec 2022 - Jan 2023 issue

In our first issue of 2023, BT looks at the year’s upcoming economic challenges, possible implications of the CBE’s withdrawal of the letters of credit system, boosting exports, and Jazeera Paint’s aim to revolutionize Egypt’s paint industry

In our first issue of 2023, BT looks at the year’s upcoming economic challenges, possible implications of the CBE’s withdrawal of the letters of credit system, boosting exports, and Jazeera Paint’s aim to revolutionize Egypt’s paint industry

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Face of Business

tion to our latest product Mini Paint that we previously

explained, the company also showcases our

innovation through Novel and Notes Clear.

Consumers have also grown to value sustainable

products or those made with sustainability in

mind. Could you tell us a bit about the company’s

sustainability efforts, if any?

Every now and then, the world witnesses paradigm

shifts that every business entity, regardless of

the industry or sector it operates in, must comply

with and adapt to.

A few years ago, we saw the beginning of the

digital transformation era sweeping the globe,

and as a result, all business organizations began

incorporating digital transformation methods,

tools, and practices into their business operations.

Today, the current new shift is all about sustainability

and how it is affecting the lives of every

single living creature on the planet. As a result,

most business entities are constantly striving to

determine the best strategy to apply sustainability

to their business operations.

For Jazeera Paints, the narrative is different

because we have always taken sustainability practices

into our own hands. In fact, our company

is regarded as the first company in the Arabicspeaking

world to incorporate environmental

sustainability measures into their operations and

production to ensure that our products are designed

and manufactured in accordance with

safety and health regulations

Now, more than 35 eco-friendly product groups

— that have been approved by international organizations

specializing in green building systems

— are currently being pumped into the company’s

manufacturing lines. Additionally, the factory

has a treatment station for the water used in the

manufacturing process to ensure that no industrial

pollutants end up in the sewage.

What are the company’s long-term aspirations for

the country and the region?

By providing distinctive premium products, we

hope to revolutionize the Egyptian paint market.

This will open up new opportunities for us to

grow and expand our company locally as well as

export goods to African countries, which is a new

market that Jazeera Paints intends to enter.

Jazeera Paints has always spoken in numbers!

In the past 42 years, we established two factories

and eight production units across the region with

a production capacity of 400,000 tons annually

of diverse products with 650 showrooms across

Saudi Arabia and beyond.

For Egypt, by 2023, we aim to have over 300

products in the market within 400 stores to reach

more clients.

January 2023

35

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