Economy

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Chapter | Country Profile from The Report: Egypt 2017

Egypt is the third-most-populous country in Africa and the 15th worldwide, according to World Bank figures. As of 2017 the number of residents was estimated to have reached 92m. Arabic is the official language and the only one widely understood across the entire country. Over the last 15 years, Egypt has been undergoing a transformation into a market-oriented economy. The country currently...

While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.

La nouvelle zone franche en passe d’être construite à Djibouti fait écho à la politique volontariste du gouvernement pour améliorer le climat des affaires du pays et capitaliser sur l’accès aux grands marchés régionaux de consommateurs tels que l’Ethiopie.

La incertidumbre sobre la política estadounidense este año, incluyendo las propuestas para imponer tasas a las importaciones, probablemente afectará a la inversión extranjera en México, aunque esto podría compensarse a medio plazo por el interés de inversionistas de otros países.

Regulatory reforms introduced in 2016 should draw investors to help carry out a large, state-led project pipeline, with clean and alternative energy among the industries benefitting.

 

COMMUNICATIONS: The country code for the UAE is +971, followed by Sharjah’s dialling code 06. There are two local telecoms providers, du and Etisalat. Pay as-you-go SIM cards for du and Etisalat can be obtained at most shopping malls upon presentation of a valid passport.

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