Egypt

Egypt has outlined a series of reforms aimed at expanding insurance penetration, with the expectation that regulatory measures, coupled with the rollout of universal health coverage, will lead to a doubling of premiums within the next five years.

Along with a recent uptick in foreign arrivals, Egypt’s tourism industry should receive a boost from the resumption of direct flights to and from Russia, one of the country’s largest sources of international visitors.

Government officials in Egypt have outlined plans to bolster the country’s rail and metro networks, with the construction of new trains to play a large role, alongside system enhancements and line upgrades.

Improved performance in Egypt’s key sectors, tighter fiscal management and increased capital inflows drove an economic rebound last year, with growth expected to accelerate further in 2018.