Egypt

Industry is front and centre of Egypt’s economic growth and diversification policies. The government aims to increase high-technology exports in this sector, as well as increase the value added by manufacturing as a percent of GDP. Several factors make industry attractive to foreign investors, including the country’s location between key...

A combination of factors is driving demand for solar power in Egypt. According to the European Bank for Reconstruction and Development (EBRD), the cost of electricity produced by renewable projects has gradually decreased over recent years to become more competitive than traditional hydrocarbons-based sources. The government’s long-running...

Egypt’s rapidly expanding population and increasingly intensive agricultural activity have made the sustainability of its water resources an issue of national security. In the past year the government has launched a strategy aimed at solving its water challenge, and its implementation is generating some of the nation’s biggest private...

Egypt’s energy sector has traditionally been defined by the country’s status as the largest oil producer outside of the Organisation of the Petroleum Exporting Countries (OPEC) and the third-largest producer of dry natural gas on the Africa continent. Its control over the Suez Canal, meanwhile, places it at the centre of the global energy...

Egypt’s insurance sector faces a challenging period in FY 2020/21. An ongoing process of reform promises to strengthen the legislative and regulatory platform that underpins the industry, but is likely to result in short-term difficulties for some sections of the market. The effects of the Covid-19 pandemic, meanwhile, have disrupted business...