El Sewedy Electric is a fully integrated energy solutions provider, manufacturing and selling integrated energy products and services in seven energy segments. The company has 30 production facilities in 15 countries and caters to energy/infrastructure, industrial, commercial, and residential markets. El Sewedy Electric consolidates itself...
Reinsurance has been a significant path for international participation in the market and it remains important for Egyptian insurers. The subsector began in Egypt in 1957 with the formation of Egyptian Reinsurance. That mandatory cession to Egypt Re, originally established as a state-owned firm in 1957 but subsequently merged with Misr...
GB Auto is a leading automotive player in the Middle East and North Africa. It is the sole assembler and distributor of both Hyundai passenger cars (PC) as well as the Geely Emgrand 7, and the exclusive Mazda PC distributor in Egypt with a total market share of 30%, the highest among industry players. Through a 50/50 joint venture (JV) the...
The expansion of the Suez Canal, completed in early August 2015, could be a significant step towards solidifying Egypt’s position as a logistics and trade centre, leveraging its location astride major East-West shipping routes. The goal of boosting traffic on the 163-km canal – a key source of government revenue and hard currency – is...
Egypt’s robust banking sector has survived the economically turbulent period that followed the 2011 revolution remarkably well. High-quality asset bases and generous capital buffers have enabled financial institutions to support the nation during this challenging period, most notably through the purchase of large volumes of Treasury bills (T-...
Egypt lies at the heart of the Middle East and North Africa region and remains its most populous country and one of its largest economies. The country is of vital importance to regional and continental allies, with whom trade, investment, and security ties have seen growing relevance in recent years.
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