Egypt

In a bid to help improve inclusive growth and employment, Egypt’s central bank has taken aggressive steps to help expand commercial lending to the country’s small and medium-sized enterprises (SMEs).

Egypt’s residential real estate market has recorded impressive results thanks to persistently high demand.

Multiple billion-dollar deals signed recently between Egypt and Saudi Arabia are part of a push by the latter to invest in long-term developmental projects in the North African country.

In spite of the global slowdown in capital spending by energy companies, Egypt’s upstream gas industry is attracting multi-billion-dollar investments as it looks to meet rising domestic demand. 

In a move that will boost the country’s capital markets, reduce state activity in the market and provide much-needed revenues for the government’s coffers, Egypt is laying the groundwork for the first potential sale of key state-owned enterprises (SOEs) in over a decade.

The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolution period marked by continued upheaval and sluggish growth.