Wael Ghonim addresses a crowd inside Tahrir Square in Cairo in February. Reuters
Wael Ghonim addresses a crowd inside Tahrir Square in Cairo in February. Reuters

Egyptian activist Wael Ghonim to use book profits to fight poverty



Wael Ghonim, the activist who became the face of the Egyptian uprising, will use the proceeds of his upcoming book to help the fight against poverty in the North African country.

The 30-year old, who is taking a break from his posting as Google's regional head of marketing in Dubai, says his recent publishing deal will help to fund a non-governmental organisation (NGO) that will launch next month. Mr Ghonim said his new venture would employ technology to improve education and spur economic growth after the ousting of Hosni Mubarak from the Egyptian presidency.

"We want to create online products that focus on fighting poverty, fostering education and spreading human rights awareness," he said. "We will create content that people can share."

He expects the organisation also to help other NGOs gain access to technology. "We don't want to be in competition with other NGOs," Mr Ghonim said.

The venture will launch in a "matter of a few weeks", with the name to be revealed at that time.

Two other board members are involved, but Mr Ghonim declined to name them, saying only that they were "highly respectable Egyptian figures known for their contribution to technology". Mr Ghonim recently signed a deal with the New York publisher Houghton Mifflin Harcourt, and his book Revolution 2.0 is set to be released on January 25, the first anniversary of the start of the Egyptian revolution.

"The NGO is primarily funded by the proceeds of the book I'm doing," he said.

Profits from the NGO would be donated to the "martyrs" of the revolution, added Mr Ghonim.

"Part of the proceeds will be given away to the families who lost their loved ones or were injured during the revolution. A lot of these people are already facing financial problems."

Social media sites such as Facebook and Twitter have been credited with playing key roles in the uprisings that have been called the Arab spring. Mr Ghonim feels the use of the internet could spark a revival of the struggling Egyptian economy.

"Governments can become much more efficient using technology," he said. "I think that Egypt is going to adopt technology to improve efficiency."

Mr Ghonim expressed confidence about the future of the Egyptian economy.

"There is no civilisation or change that happens through people who are pessimistic," he said. "I force myself to be optimistic."

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

THE HOLDOVERS

Director: Alexander Payne

Starring: Paul Giamatti, Da'Vine Joy Randolph, Dominic Sessa

Rating: 4.5/5

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
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The biog

Most memorable achievement: Leading my first city-wide charity campaign in Toronto holds a special place in my heart. It was for Amnesty International’s Stop Violence Against Women program and showed me the power of how communities can come together in the smallest ways to have such wide impact.

Favourite film: Childhood favourite would be Disney’s Jungle Book and classic favourite Gone With The Wind.

Favourite book: To Kill A Mockingbird for a timeless story on justice and courage and Harry Potters for my love of all things magical.

Favourite quote: “We make a living by what we get, but we make a life by what we give.” — Winston Churchill

Favourite food: Dim sum

Favourite place to travel to: Anywhere with natural beauty, wildlife and awe-inspiring sunsets.