Economy

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While the current constitution dates from 2014, Egypt became a presidential republic in 1952. Under a presidential republic, the president – who serves as the head of state – selects the Cabinet and the prime minister; Mostafa Madbouly has occupied the role of the latter since 2018. The president is elected by an absolute majority of voters and initially serves a four-year...

The UN Sustainable Development Goals (SDGs) that the international community approved are a comprehensive framework through to 2030 to achieve the welfare and prosperity of all people. Egypt’s pursuit to realise the SDGs has gained increased importance in an environment that compels us to face extremely difficult international challenges. The Covid-19 pandemic added to these...

Chapter | The Guide from The Report: Egypt 2022

The Guide contains listings of accommodation options in Cairo for both business and leisure travellers. Helpful information is laid out on visa regulations and business etiquette, as well as on public and private transport options for navigating during your stay.

Chapter | Legal Framework from The Report: Egypt 2022

Foreign investors looking to establish a business in Egypt – whether directly or through a joint venture – can enter the market by establishing a legal entity, the structure of which would depend on the needs and the scope of business involved. The government continues to work to attract investment, especially in several mega-projects in fields such as electricity, energy, industry,...

Chapter | Country Profile from The Report: Egypt 2022

Egypt was seen as a global centre of knowledge, science, and development throughout antiquity. Today, it stands in an economically advantageous location, straddling the Mediterranean and the Red seas, and at the confluence of Europe, Africa and Asia. The Suez Canal, completed in 1869, is one of the world’s busiest shipping lanes. Moreover, Egypt’s population is large and rapidly expanding, at...

Located at the geographic centre of the MENA region, Egypt has a well-documented history that has seen it accumulate knowledge and wealth over millennia. Egypt proved resilient during the Covid-19 pandemic: it was the only country in the MENA region to record positive GDP growth in 2020. Its economy has been widely driven by the execution of Egypt Vision 2030. This plan notably aims to increase annual GDP to 12% in 2030.

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