Egypt

While the decision to float the Egyptian currency in November 2016 had a mixed impact on developers and the new-build residential market, it had a singular consequence for the resale or secondary market. Indeed, in terms of new units, the market has continued to progress, with extended payment terms and a slower release of off-plan units...

The renowned Egyptian cotton industry, considered the international luxury standard for centuries, is experiencing a renaissance after several challenging years. With prices and global demand both on the rise, Egypt is hoping to ride the wave of this renewed popularity to a lucrative export market.

Contractors in the Egyptian market have been among the hardest hit by the government’s ambitious reform agenda over 2017. While Cairo’s efforts to put the national economy on sounder footing will likely bear fruit, there has been short-term pain in the form of high inflation and increased cost pressures on construction firms. In this period of...

A central component of Egypt’s plan to strengthen its agribusiness sector is the development of its supply chain infrastructure. The World Bank’s “Enabling the Business of Agriculture 2017” (EBA) report listed Egypt as one of the countries with the greatest room for improvement when it comes to commercial agriculture – particularly with regard...

While the trucking industry, Egypt’s main form of freight transport, is being constrained by the reduction in fuel subsidies and the higher cost of imported fuel as a result of local currency depreciation, rail is primed for development. Egypt has a long history of rail transport. The country developed a rail network in the 19th century under...