Egypt

Property is one of the few areas that has benefitted from the uncertainty and instability of post-revolutionary Egypt. As investors have become jittery and the government has introduced capital controls, money has flowed into real estate.

While Egypt has faced several challenges in recent years, tourism remains one of its leading foreign currency exchange providers and the sector is a key contributor to both GDP and job creation. The sector has historically played a central role in the economy, with its total contribution to GDP rising from 8.5% in 1988 to a high of 19.5% in...

In August 2015 Egypt opened the new Suez Canal axis to much fanfare. An Egyptian project that was managed, financed and executed entirely by Egyptians in record time elicited extensive media coverage. This is understandable given that the project had become a symbol of political and economic rebirth, but also, just as importantly, given that...

Although challenges still exist with regard to Egypt’s internet experience, there is much optimism for the future. Nothing epitomises this more than the nascent start-up culture. Online commerce and advertising revenues are growing and more young Egyptians are being drawn to technological entrepreneurship.

Unlike many other sectors of the Egyptian economy, the ICT industry has remained remarkably resilient in the face of the political uncertainty and macro-economic instability wrought by the 2011 revolution. Beyond the basics of national internet infrastructure, Egypt offers a number of benefits for potential ICT investors, not least among which...

Housing has risen to the top of the policy agenda in Egypt, and for good reason. According to Jones Lang LaSalle (JLL), the country has the largest deficit in the MENA region, with a requirement for 1.5m new units, an affordability gap and under-funding of the sector. According to Marja Hoek-Smit, director of the International Housing Finance...