In December 2012, the Egyptian cabinet agreed to postpone the implementation of the country’s new property tax law – which had been due to take effect in January – until July 2013. The new law, which was intended to expand the tax base, was introduced to the statute book in 2008 under former president Hosni Mubarak but had not yet been implemented...
With 20m people in some form of education, Egypt has the largest student body in the MENA region. The sector can draw on a proud history – Cairo’s Al Azhar is the world’s oldest operating university, and there is strong cultural education – and after a post-independence drive to expand schooling, universal access to basic education is guaranteed....
By regional standards, Egypt has a high degree of self-sufficiency in food, including in cereals, but its import requirements are still high, with the country ranking as the world’s largest importer of wheat, due to the heavy consumption of subsidised bread by poorer Egyptians. This reliance is becoming especially problematic as a result of...
The telecoms sector is one of the most competitive and dynamic parts of the Egyptian economy. It has also proved one of the most resilient to the political turbulence and economic slowdown of the past three years – Egyptians have continued to make calls, and increasingly use their handsets to go online. The market is internationalised – the three...
The Egyptian media scene continues to undergo rapid change in the two years since the start of the revolution. The media has become much more diverse, and a number of new outlets have opened across all genres. While not all of these are likely to survive, they bear witness to a new appetite among the public for a more open media that gives voice to...
Access to finance is a challenge for the Egyptian economy as a whole, however, the problem is particularly acute in the agricultural sector; while the large-scale modern segment has access to credit, small-scale farmers – who represent the great bulk of farming activity in the country – have much more difficulty obtaining loans, in particular from...
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