Egypt

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In your view, what is the current state of investor confidence in Egypt’s oil and gas sector?

Over the next year, it seems likely that Egypt’s three existing mobile operators will be joined by a fourth. Telecom Egypt (TE), the majority state-owned legacy telco, has expressed a strong interest in acquiring the licence and begun negotiations with the National Telecommunications Regulatory Authority (NTRA), according to press reports. Should...

As a result of the ongoing political unrest, the expansion of Egypt’s real estate sector has slowed considerably in recent years. Since demonstrations kicked off in early 2011, developers, investors and potential purchasers have postponed many deals, and, in some cases, cancelled projects outright. While uncertainty has continued to grow in some...

How significant a concern is overcrowding in hospitals, and what can be done to overcome it?

CORPORATE INCOME TAX: Egyptian corporate income tax (CIT) is levied upon corporations, partnerships and branches, and on all profits earned abroad or in Egypt. Non-resident companies operating in Egypt by way of an Egyptian permanent establishment are subject to CIT to the extent that revenue is...

Over the past 20 years, there has been a clear trend in many countries towards using the private sector to run public services or to commission new infrastructure projects, often-times in public-private partnerships (PPPs), and Egypt is no exception. Egypt first adopted the principle of PPPs under the Hosni Mubarak regime. In 2010, the government...

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