In conjunction with Helmy, Hamza & Partners, this chapter contains an overview of the legal framework in which local and foreign investors operate in Egypt, including the regulations governing different sectors, the rules for investment and expatriate employment, and recently introduced legislation on trade and financial services.
This chapter contains a viewpoint from Mohamad...
In conjunction with PwC, this chapter contains an introduction to Egypt’s taxation system, including a breakdown of rates imposed on corporate income, regulations governing capital gains and double taxation, and a list of goods and services exempted from value-added tax.
This chapter contains a viewpoint from Maged Ezzeldeen, Country Senior Partner, PwC.
As the Egyptian population grows and the government continues to develop and promulgate legislation to achieve universal health coverage by 2030, there will be an increasing need for services and facilities, presenting widespread opportunities for the provision of goods, services and training in both urban and rural settings. With Egypt seeking to jumpstart its economy after the political...
After a difficult few years following the 2011 revolution, there is renewed hope for Egypt’s tourism sector, with 2017 bringing the industry back to growth. While there were positive signs for tourism in 2013 and 2014, before a relapse in 2015, the flotation of the currency in November 2016 has made the Egyptian market more competitive, and the government has also expended significant energy...
Agriculture remains an important part of the Egyptian economy, and a long-standing priority for the government has been to shift the agricultural balance of trade, with the country possessing the second-highest agricultural import expenditure as a share of export revenues in the region, at over 35%. To this end, improvements to irrigation systems and water management protocols have been...
From urban transit to seaports and airports, the country’s transport network is poised for a significant upgrade. Although demand is unpredictable and subdued in certain segments, the emphasis on developing strong transport infrastructure should provide opportunities to investors and operators alike. In the third quarter of FY 2016/17 the transport and storage sector grew at a rate of 4.4%,...
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