{"id":47824,"date":"2024-02-27T09:49:42","date_gmt":"2024-02-27T00:49:42","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=47824"},"modified":"2024-02-27T09:52:41","modified_gmt":"2024-02-27T00:52:41","slug":"sct-office-spotlight-cairo","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/","title":{"rendered":"SC&amp;T Office Spotlight: Cairo"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"47824\" class=\"elementor elementor-47824\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5959667 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5959667\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d43c3db\" data-id=\"d43c3db\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af1fe4b elementor-widget elementor-widget-text-editor\" data-id=\"af1fe4b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Having spent some time in Samsung C&amp;T Trading &amp; Investment Group\u2019s <a href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2023-12-sct-office-spotlight-riyadh\/\">Riyadh Office<\/a> in Saudi Arabia earlier this month, we now head to the Egyptian capital as we stay in the Middle East &amp; North Africa (MENA) region for this latest edition in our SC&amp;T Office Spotlight series.<\/p><p>Steeped in some of the world\u2019s most intriguing history, Egypt is also home to Samsung C&amp;T\u2019s Cairo Office. Around 30 minutes from Cairo International Airport, the office is located in New Cairo, which was developed in the 2000s to ease congestion.<\/p><p>Let\u2019s shine our customary spotlight on the Cairo Office.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42152ef elementor-widget elementor-widget-image\" data-id=\"42152ef\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_info.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDc4MjYsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAyXC9jYWlyb19pbmZvLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"940\" height=\"1355\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_info.jpg\" class=\"attachment-full size-full wp-image-47826\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_info.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_info-347x500.jpg 347w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_info-710x1024.jpg 710w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-801170e elementor-widget elementor-widget-heading\" data-id=\"801170e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Diverse passions and professional interests<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d24cb69 elementor-widget elementor-widget-text-editor\" data-id=\"d24cb69\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Like the Riyadh Office, the Cairo Office comprises four team members. They divide tasks according to their expertise, focusing on trading businesses such as steel and synthetic resins.<\/p><p>Their personal passions also provide an interesting opportunity to bond. For instance, one of the team is a passionate football fan \u2013 and Egyptian football itself has been enjoying a global spotlight in recent years, not least because of the national team\u2019s star player Mohamed Salah. Another member of staff is a keen diver, and Egypt is renowned for some of its scuba diving locations. Water-based activities are a reminder of the contrast between coastal areas and the desert that covers most of the country\u2019s land.<\/p><p>It is also fitting for a trading company that Egypt hosts the Suez Canal, a vital waterway for container ships with around 12 percent of global trade said to pass through the canal that connects the Mediterranean Sea to the Red Sea.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05b650c elementor-widget elementor-widget-image-gallery\" data-id=\"05b650c\" data-element_type=\"widget\" data-widget_type=\"image-gallery.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-image-gallery\">\n\t\t\t\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 50%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div id='gallery-1' class='gallery galleryid-47824 gallery-columns-2 gallery-size-full'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"05b650c\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDc4MjgsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAyXC9jYWlyb19vZmZpY2VfMi5wbmciLCJzbGlkZXNob3ciOiIwNWI2NTBjIn0%3D\" href='https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_2.png'><img decoding=\"async\" width=\"3840\" height=\"2160\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_2.png\" class=\"attachment-full size-full\" alt=\"\" aria-describedby=\"gallery-1-47828\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_2.png 3840w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_2-500x281.png 500w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_2-1024x576.png 1024w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-47828'>\n\t\t\t\tCairo Office head Seo Pyeong-shik has overcome numerous challenges since taking up his position in 2020.\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"05b650c\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDc4MjcsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAyXC9jYWlyb19vZmZpY2VfMS5wbmciLCJzbGlkZXNob3ciOiIwNWI2NTBjIn0%3D\" href='https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_1.png'><img decoding=\"async\" width=\"3840\" height=\"2160\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_1.png\" class=\"attachment-full size-full\" alt=\"\" aria-describedby=\"gallery-1-47827\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_1.png 3840w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_1-500x281.png 500w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_office_1-1024x576.png 1024w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-47827'>\n\t\t\t\tThe Cairo Office&#8217;s team members have diverse personal and professional interests.\n\t\t\t\t<\/dd><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df95cce elementor-widget elementor-widget-heading\" data-id=\"df95cce\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Facing challenging times together<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f119d5 elementor-widget elementor-widget-text-editor\" data-id=\"2f119d5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It\u2019s fair to say that the Cairo Office has faced one challenge after another since Seo Pyeong-shik took up his position as office head in 2020 \u2013 the start of the COVID-19 pandemic, during which raw material prices soared and financing projects became more difficult.<\/p><p>There has been a foreign currency shortage in Egypt, which has led to the imposition of import regulations. But Seo remains optimistic, pointing out that the country \u201calso had its strengths.\u201d<\/p><p>\u201cFirst of all, Europe, a large market, is close, and logistics are made easier by our location next to the Suez Canal.\u00a0It also helps that Egypt has free trade agreements \u200b\u200bwith many countries in Europe, Turkey, Africa, and the Middle East,\u201d Seo explains.<\/p><p>The Cairo Office has adapted to the foreign currency shortage by focusing more on exports of steel and synthetic resins. The support of Samsung C&amp;T\u2019s global network of dozens of trading offices has helped with this process, according to Seo and his team.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60f398e elementor-widget elementor-widget-image\" data-id=\"60f398e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_city.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDc4MjksInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAyXC9jYWlyb19jaXR5LmpwZyJ9\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"504\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_city-1024x504.jpg\" class=\"attachment-large size-large wp-image-47829\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_city-1024x504.jpg 1024w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_city-500x246.jpg 500w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_city.jpg 1260w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d598e9 elementor-widget elementor-widget-heading\" data-id=\"1d598e9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Suez Canal as a metaphor for life<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4932569 elementor-widget elementor-widget-text-editor\" data-id=\"4932569\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Seo says that negotiating challenges and adjusting to living and working in Cairo \u201chas sped up the opening up of a new chapter\u201d in his career and life, just as the Suez Canal allows ships to avoid a much longer journey.<\/p><p>As his stay in Egypt is coming to an end, Seo reflects on his family\u2019s sadness to be leaving after discovering a good life and many friends in Cairo. It\u2019s been quite a transition compared with their arrival, when Seo admits it was \u201chard to adjust.\u201d<\/p><p>For example, he remembers having to get used to different mealtimes. \u201cWe have lunch after 4 p.m. and restaurants only open from 1 p.m.\u00a0When I first came here, I was setting up a lunch meeting with a client, who suggested 6 p.m.\u00a0When I asked him about dinner instead, he asked me to meet him at 10 p.m. That was surprising to me!\u201d<\/p><p>Our SC&amp;T Office Spotlight series continues to show how such cultural differences become opportunities to discover new ways of living, just as hurdles present chances to leap. Seo has done exactly that, while preparing to smoothly hand over operations to his successor \u201cso they can expand the business without any burden.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Having spent some time in Samsung C&amp;T Trading &amp; Investment Group\u2019s Riyadh Office in Saudi Arabia earlier this month, we now head to the Egyptian capital as we stay in the Middle East &amp; North Africa (MENA) region for this latest edition in our SC&amp;T Office Spotlight series. Steeped in some of the world\u2019s most [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47825,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-47824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SC&amp;T Office Spotlight: Cairo - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SC&amp;T Office Spotlight: Cairo - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Having spent some time in Samsung C&amp;T Trading &amp; Investment Group\u2019s Riyadh Office in Saudi Arabia earlier this month, we now head to the Egyptian capital as we stay in the Middle East &amp; North Africa (MENA) region for this latest edition in our SC&amp;T Office Spotlight series. Steeped in some of the world\u2019s most [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&amp;T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-27T00:49:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-27T00:52:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"604\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/\"},\"author\":{\"name\":\"Samsung C&amp;T Global PR Manager\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#\/schema\/person\/7c21bf3897113ac1b49ed07b1d871d08\"},\"headline\":\"SC&amp;T Office Spotlight: Cairo\",\"datePublished\":\"2024-02-27T00:49:42+00:00\",\"dateModified\":\"2024-02-27T00:52:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/\"},\"wordCount\":683,\"publisher\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-02-sct-office-spotlight-cairo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/02\/cairo_banner.jpg\",\"articleSection\":[\"Trading &amp; 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