Egypt

The Egyptian property market is constantly undergoing reform. While mortgages are difficult to obtain and disputes can be complex, the system as a whole is remarkably effective. People regularly buy and sell real estate, and a functioning market exists despite the lack of a best-practices system of recording.

The government is hoping to ease congestion in Egypt’s major cities and transform local economies; however, these public-led urban transport initiatives are also being met with exclusive endeavours from the private sector. Indeed, tech start-ups are eyeing the transport sector as an area of opportunity in the market. Companies such as the US-...

New discoveries have brought confidence that natural gas imports, currently the primary fuel source for Egypt’s power plants, will decline significantly once the fields start producing. The government will no doubt be looking to this new production to supply the ever-increasing demand, leading to energy self-sufficiency and, eventually,...

Egypt continues to strive not just for energy independence, but to return to its status as a regional exporter. With oil and gas fields in the Gulf of Suez, the Mediterranean Sea and the Western Desert, the country has been a site of energy exploration since the early 20th century. This has led not only to substantial oil production, but also...

Egypt’s construction pipeline is stocked with a wide variety of projects, from highway expansion to hospitals and schools. However, a primary source of future contracts is likely to be the housing segment, as the government has committed to alleviating the country’s chronic and long-standing housing deficit. Furthermore, despite recent...

Despite a difficult global environment, the authorities are forging ahead with plans to further develop the Suez Canal, and place it at the centre of the country’s economic growth and employment creation.