Egypt

There are signs that Egypt’s tourism industry may be set to recover far more quickly than expected from the two months of political turmoil and protests that brought the country’s economy to a near standstill. Visitor numbers are starting to climb, although any rebound will of course be dependent on a prolonged period of stability.

Over the greater part of the last decade, Egypt’s retail sector has undergone a transformation while increasing its importance in the national economy. Indeed, the resiliency that the sector displayed throughout the global downturn was partly due to strong domestic demand and growing consumer spending habits.