All Countries and All Sectors

One major advantage of the $8bn expansion of the Suez Canal will be the scope for increased revenues, with the new shipping lane allowing for a sizeable increase in traffic transiting the canal.

While the Suez Canal expansion has attracted most of the headlines, Egypt’s National Road Project offers perhaps even greater benefits to the broader economy, given that more than 90% of the country’s freight moves by road. As of 2012 Egypt had 121.4m km of roads, according to the Central Agency for Public Mobilisation and Statistics. Some 90...

To what extent is there enough demand in the market to absorb an additional mobile operator, especially with respect to data?

Although foreign visitor arrivals have held up relatively well in the face of recent challenges, declining only modestly, the domestic and regional travel segments are expected to fare better, helping to offset an overall decline in sector revenues forecast at 15% for 2015. Ayman Altaranissi, director-general of the Egyptian Tourism Federation...

Cairo’s traffic problems are notorious, and while they are a useful way to spark a conversation with locals, they have a major impact on the economy. Due to the costs associated with congestion and time wasted on the road, Egypt’s traffic jams are estimated to reduce GDP growth by 4 percentage points, according to a 2010 World Bank study....

The announcement in 2014 that BP, one of the largest foreign investors in Egypt, plans to spend more than $12bn on its Egyptian operations over the next five years marks a significant reversal of fortunes for Egypt’s gas sector as well as for the country’s revenues.