In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation is the speed at which this happened: as recently as 1900, urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural dwellers. The UN...
While it may be early days for the Egyptian tourism industry’s recovery, investors appear to be convinced by it’s medium to long-term prospects. Indeed, despite the difficulties faced by hospitality firms in the last few years, Egypt has the most hotels under construction on the continent. According to a mid-2017 report by the trade news site...
Despite Egypt’s largely arid landscape, a number of factors have allowed the country to develop as an agricultural centre, including the fertile belt surrounding the Nile, a widespread and advanced irrigation system, and year-round sunshine. However, in recent decades, Egypt’s fast-growing population has largely outstripped the development of...
The Egyptian real estate market has proven itself remarkably resilient to the political and economic tensions the country has experienced over the 2011-17 period. However, while real estate has historically been seen as a safe bet in uncertain times, economic headwinds, especially strong in late 2016 and the first half of 2017, stoked by...
The renowned Egyptian cotton industry, considered the international luxury standard for centuries, is experiencing a renaissance after several challenging years. With prices and global demand both on the rise, Egypt is hoping to ride the wave of this renewed popularity to a lucrative export market.
As Egypt is poised for rapid construction growth, the cement industry will become increasingly important as the bedrock of the sector. While the industry has plenty of capacity, it remains vulnerable to energy availability and pricing. As the last year has shown, a spike in fuel prices can hit the cement industry, and thus the whole...
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