Harry van Schaick: ALL BLOG POSTS
Egypt, the only country in the Middle East and North Africa not to enter recession during 2020, already exhibited a strong acceleration in digitalisation during the years leading up to the pandemic. However, as with many countries in the region, the Covid-19 outbreak has led to unprecedented and fundamental changes across all industries, largely as a result of digitalisation.
Respondents to Oxford Business Group's latest CEO survey in Egypt were largely upbeat about the speed of the country's economic rebound and the broader picture in terms of financing, digitalisation and domestic growth.
In the past several years Egypt carried out an IMF-backed reform programme to address the country’s fiscal position and improve the business and investment environment.