Egypt is beginning the task of boosting GDP growth and creating job opportunities for its rapidly expanding population. Construction has traditionally been one of the most labour-intensive sectors in the country. However, a December 2015 study by the Egyptian Centre for Economic Studies (ECES) found that while the industry is an important...
CAIRO MARRIOTT HOTEL & OMAR KHAYYAM CASINO 16 Saray El Gezira PO Box 33, Zamalek, Cairo T: (02) 2728 3000 F: (02) 2728 3001 www.cairomarriotthotel.com cairomarriottreservation@marriott.com Rooms: 1087 rooms, including 71 diplomatic suites, 28 executive suites, four ambassador suites, five presidential suites and two royal suites. Business...
ETIQUETTE: It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate what is appropriate for greeting people in business meetings. Close same-sex friends will sometimes greet...
In the following, we aim to shed some light on the more relevant laws applicable in Egypt. In this respect, we shall focus on the corporate, labour, investment and property laws of the country.
In recent years the Egyptian government has made extensive changes to the country’s tax framework, including Law No. 96, issued in 2015 to modify some articles in the corporate income tax (CIT) law. The practical application of some of the new concepts in the tax law has been clarified with the issuance of a set of executive regulations.
The government’s emphasis on economy-stimulating construction projects has increased the demand for skilled construction labour across the country. This, coupled with the persistently high youth unemployment rate – 42% as of 2014 according to the World Bank – has put the spotlight on technical and vocational education and training (TVET)...
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