After seven years of negotiation, the signing of the Tripartite Free Trade Agreement (TFTA) in June 2015 at Sharm El Sheikh is being heralded as a turning point in regional integration, and a significant boost for Egypt’s efforts to increase its exports to the fast-growing markets of sub-Saharan Africa. According to news reports following the...
Edita Food Industries (Edita) is one of the leaders in the growing Egyptian packaged snack food market and in the Middle East, with an overall packaged snack food market share of 12% in 2014. Edita, a holding company that owns three subsidiaries, offers a wide range of high quality affordable snack food products that cater to various tastes...
El Sewedy Electric is a fully integrated energy solutions provider, manufacturing and selling integrated energy products and services in seven energy segments. The company has 30 production facilities in 15 countries and caters to energy/infrastructure, industrial, commercial, and residential markets. El Sewedy Electric consolidates itself...
Reinsurance has been a significant path for international participation in the market and it remains important for Egyptian insurers. The subsector began in Egypt in 1957 with the formation of Egyptian Reinsurance. That mandatory cession to Egypt Re, originally established as a state-owned firm in 1957 but subsequently merged with Misr...
GB Auto is a leading automotive player in the Middle East and North Africa. It is the sole assembler and distributor of both Hyundai passenger cars (PC) as well as the Geely Emgrand 7, and the exclusive Mazda PC distributor in Egypt with a total market share of 30%, the highest among industry players. Through a 50/50 joint venture (JV) the...
The expansion of the Suez Canal, completed in early August 2015, could be a significant step towards solidifying Egypt’s position as a logistics and trade centre, leveraging its location astride major East-West shipping routes. The goal of boosting traffic on the 163-km canal – a key source of government revenue and hard currency – is...
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