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Chapter | Construction & Real Estate from The Report: Egypt 2013

Aided in part by the large domestic market, a spate of new industrial facilities, competitive labour costs and increasing urbanisation, the fundamentals of the Egyptian construction market look promising. The Egyptian real estate sector has continued to see growth, which has helped to support some contractors, but companies relying on work in the infrastructure segment, particularly those...

Chapter | IT & Telecoms from The Report: Egypt 2013

One of the country’s biggest magnets for foreign investment, Egypt’s ICT sector is well positioned to enjoy long-term growth. Internet penetration has been growing steadily, thanks to increasing accessibility, rising demand and more diverse content. More than 33m Egyptians access the internet, with broadband connections comprising over 90% of all internet connections. As of mid-2013, internet...

Chapter | Energy from The Report: Egypt 2013

As the largest non-OPEC oil producer in Africa as well as the continent’s second-largest natural gas producer, Egypt’s hydrocarbons resources and production play a central role in the nation’s economy. While the sector was nationalised in the 1960s, more recent reorganisations have created separate authorities for oil, gas and petrochemicals, which has allowed the private sector to play a bigger...

Chapter | Tourism from The Report: Egypt 2013

It has been a difficult few years for Egypt’s economically vital tourism sector, in the wake of the 2011 revolution and with civil unrest continuing to occur in the summer of 2013. However, the country still managed to attract millions of foreign visitors, even discounting the number of arrivals who were not tourists per se. However, 2013 may prove tough. The disturbances earlier in the year, and...

Chapter | Transport from The Report: Egypt 2013

Egypt has long served as one of the world’s oldest transport hubs. For millennia, its position, straddling major trade routes between Asia, Africa and Europe, has made the country a commercial and cultural crossroads, and since 1879 it has been home to the Suez Canal, through which 10% of the world’s total trade volume passes. Thanks largely to the canal, the transport sector has helped to buffer...

Chapter | Industry & Retail from The Report: Egypt 2013

Long a regional heavyweight, Egypt’s industrial sector boasts a variety of segments that have helped make the country one of Africa’s biggest cement producers and its second-largest steel manufacturer. Still, industry, in particular light manufacturing, has had to grapple with the turmoil that followed the 2011 revolution, in the form of issues such as labour unrest and a deterioration in the...

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