The country’s widening budget deficit and growing currency pressures seen since the uprising of 2011 have made the efficient use of revenues a primary concern of the Egyptian government. With Suez Canal receipts largely reliant on the fortunes of the global economy and the country’s tourism sector, Egypt’s other major revenue stream, suffering in...
As internet penetration rises and Egyptian consumers seek a growing range of brands, online retailing is expanding. While structural constraints on the segment exist, these are expected to ease in the coming years, and more retailers are tapping into the market.
Efforts to shape the geography of Egypt’s economic development in the modern era date back to the 1970s, since which time it has adopted a number of zonal and incentive-based models. Some have proved more successful than others, but in their entirety they represent a crucial asset as the government turns its attention to reversing the decline in...
The market for fast-moving consumer goods (FMCG) is in some ways a microcosm of Egypt as a country: established but also in flux. Egypt has one of the world’s largest and fastest-growing populations, and this rate of expansion will create new social demands as well as naturally increase the country’s consumer base. The market preserved a double-...
Annual double-digit growth rates have been a regular feature of the Egyptian pharmaceuticals industry, and the country’s compelling demographic dividend offers some of the same benefits to producers as seen in other segments of the economy. However, in 2012 and likely into 2013, the outlook is more modest, as recent challenges since the political...
Overburdened and dilapidated, Egypt’s transport infrastructure is in need of considerable expansion and rehabilitation. With the new government facing numerous demands and a limited budget, it is hard-pressed to provide the needed funds, so it is turning instead to the private sector by courting investment through public-private partnerships (PPPs...
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