Egypt Industry

The chemicals and plastics sector has a long history in Egypt, and it is becoming an increasingly important component of the country’s industrial output and export base. With strong demand for a range of industrial chemicals and for plastics to serve the thriving fast-moving consumer goods market, the sector is likely to become an industrial...

While the years since the 2011 Arab Spring have been difficult for many of Egypt’s industries, the fast-moving consumer goods (FMCG) segment has remained largely resilient. Although inflation has been a worry in terms of its effect on domestic sales, the majority of FMCG manufacturers have been experiencing robust growth.

The retail environment in Egypt is set for a transformation over the coming decade. While it has always been a key facet of the country’s economy, with household consumption expenditure accounting for 82.8% of GDP in 2014, it is likely to become all the more formalised over the next 10 years. The sector has remained intact in the face of...

As Egypt’s retail sector expands and consumer confidence returns, developers are looking to build dedicated spaces for new outlets. With housing and construction set to attract $7.3bn in investment and offer internal rates of return of 20-30%, it is no surprise that retail real estate is also receiving attention.

The announcement in 2014 that BP, one of the largest foreign investors in Egypt, plans to spend more than $12bn on its Egyptian operations over the next five years marks a significant reversal of fortunes for Egypt’s gas sector as well as for the country’s revenues.

The single largest structural shift in the last decade’s global energy markets, the emerging output of shale gas and oil in the US, is having its most disruptive effect on African oil producers. The US’s reliance on African exporters, which reached a peak of 20.34% of US oil imports in 2007, has sharply reversed as domestic sources of similar...