Industry

The government is focusing on the development of new industrial zones in order to attract foreign direct investment (FDI), create new employment opportunities and increase the sector’s value, which was estimated at 27.8% of GDP in 2018.

Egypt is expanding its automotive industry, following a series of new developments aimed at boosting domestic production capacity. The most recent development came in January 2019 when German manufacturer Mercedes-Benz announced it was planning to open a vehicle assembly plant in the country, which will be constructed by a local business...

Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for, on average, 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...

With a population of nearly 100m, expanding by roughly 2m every year, Egypt remains a sizeable market for retailers and fast-moving consumer goods manufacturers. This has sustained a number of large domestic producers and attracted global heavyweights to the market. However, economic instability and the devaluation of the pound has brought new...

With fertile agricultural land and a large pool of human resources, Egypt’s competitive advantages for agro-industry have enabled the expansion of one of the country’s most important segments. Its large population has made Egypt an attractive market for both domestic and foreign agro-industrial producers. Despite this, the segment has lagged...

With a long-established presence of large-scale manufacturing capacity and a rapidly expanding domestic market, the industrial sector has long been a fundamental component of Egypt’s economy. With the combined potential of a population of nearly 100m and a central location between Africa, Europe and Asia that makes it well situated to service...