Season 3, episode 5
Halite Egypt
هاليت إيجيبت
Halite Egypt is a salt works based in the Siwa Oasis, an area known for its natural rock salt (halite) deposits.
Watch the pitchThe founders asked
75M EGP
for 25% · valuation 300M EGP
Result
No investment
They left without a deal
In short: Halite Egypt pitched in Season 3, episode 5. The founders asked for 75M EGP for 25%, valuing the company at 300M EGP. They left without a deal.
Overview
Halite Egypt is a salt works based in the Siwa Oasis, an area known for its natural rock salt (halite) deposits. The company extracts and supplies rock salt to industrial buyers, including for de-icing roads and for other industries that use salt as a raw material. It came to Shark Tank Egypt in season three looking for capital to grow production. Its ask of EGP 75 million for 25% was one of the two largest of that season. It left the tank without a deal.
The pitch
Halite Egypt pitched its Siwa rock salt operation in season three, episode five, and asked for EGP 75 million for a 25% stake. That valued the business at EGP 300 million and made it one of the two largest asks of the season. No deal was made.
Services & products
- Rock salt supplyNatural halite rock salt mined from Siwa Oasis deposits.
- De-icing saltRock salt supplied for melting ice on roads and other surfaces.
- Industrial saltSalt supplied as a raw material to other industries.
Team
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After the show
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Frequently asked questions
What is Halite Egypt?
Halite Egypt is a salt works based in the Siwa Oasis, an area known for its natural rock salt (halite) deposits. The company extracts and supplies rock salt to industrial buyers, including for de-icing roads and for other industries that use salt as a raw material. It came to Shark Tank Egypt in season three looking for capital to grow production. Its ask of EGP 75 million for 25% was one of the two largest of that season. It left the tank without a deal.
When did Halite Egypt appear on Shark Tank Egypt?
In Season 3, episode 5 (2024-2025).
How much did Halite Egypt ask for on Shark Tank Egypt?
75M EGP for 25%, valuing the company at 300M EGP.
Did Halite Egypt get a deal on Shark Tank Egypt?
No. Halite Egypt left the tank without a deal.
What does Halite Egypt offer?
Rock salt supply, De-icing salt and Industrial salt.
More questions (6)
Where is Halite Egypt based and when was it founded?
Halite Egypt is based in Siwa Oasis, Egypt.
What is Halite Egypt's website and social media?
On Facebook; links are on this page.
Where can I watch Halite Egypt's pitch?
The pitch from Season 3, episode 5 is on YouTube: youtube.com/watch?v=2E4tXi4-bA4
Which episode of Shark Tank Egypt was Halite Egypt in?
Season 3, episode 5. Also in that episode: Ostrich Land and Minimelts. Details →
Which sharks did Halite Egypt pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is Halite Egypt in?
Food. 41 other Food startups pitched on the show. Details →
Rating & comments
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