Egypt Economy

After several years marked by turbulence and uncertainty, Egypt’s economy received two welcome boosts in 2015. The first was the successful conclusion to the Egypt Economic Development Conference (EEDC) in the first quarter of the year, which drew more than 70 senior executives from global firms, the leaders of major financial institutions...

Located at a crossroads between Africa, Asia and Europe, Egypt remains one of the world’s most strategically important countries, as it has been for millennia. Lying astride trade routes linking West, East, North and South, Egypt has long been at the heart of regional and global commerce. For the past century and a half, the Suez Canal has...

Building on decades of leadership in the Arab world, Egypt is undergoing major governmental transformation in the aftermath of the 2011 revolution. Presidential and parliamentary elections in recent years have served to stabilise the country politically, reforming the constitution and the responsibilities and scope of Egypt’s leading...

Entrepreneurship is often – and rightly – lauded as a key component of dynamic economies. Innovation, enabled by ready access to capital and a permissive regulatory environment, can help drive corporate growth, exports, private sector activity and jobs – all of which are needed in Egypt. Small and medium-sized enterprises (SMEs) comprise a large portion of Egypt’s economic...

The importance of the Nile River to Egypt cannot be overstated. The river provides around 90% of Egypt’s water supply for the population of nearly 90m, and as Egypt looks to power up its agriculture sector, the water source remains as important as ever.

ETIQUETTE: It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate what is appropriate for greeting people in business meetings. Close same-sex friends will sometimes greet...