Egyptian entrepreneur Mohamed Aboul Naga (Nagaty) offered crucial advice to those who currently have the financial ability to buy anything. He stated on his LinkedIn account on Sunday, March 8, 2026: "If you need to buy anything and have the money, buy it now with cash, not in installments. Price increases will be insane; may God protect us all." Mohamed Aboul Naga (Nagaty) is considered one of the most prominent young figures in technology, investment, and entrepreneurship in Egypt and the Arab region. Nagaty began his career at major companies like Careem and Fawry in Egypt. After years of experience in the technology sector, he decided to establish his own ventures. He has invested in and managed over 60 startups in Egypt and the region. Nagaty emphasizes that investing in the technology sector is one of the best investment options in Egypt. He points out that the state's focus on mining and technology could enable it to cover its entire debts within ten years.
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