Egypt’s real estate and construction sectors have a strong foundation for growth in place, despite temporary challenges from the coronavirus pandemic. Ambitious plans to build new cities across the nation is driving demand in all segments, while lower interest rates make financing easier for both buyers and builders. The market looks to expand even further under the government’s latest push to give low-and middle-income access to affordable housing. The 2021 Real Estate Industry Insight looks at the market’s opportunities and challenges, how the sector has responded to the pandemic and its prospects for recovery. To read the report online, please…
Author: Abdul B
Do you want to simplify and declutter your digital life? Organizing Guru Salma Salem shares some tips and tricks to declutter your digital space. For more details check out the full article
COVID-19 has shaken every cornerstone of the global economy, and the financial sector is no exception. AmCham Egypt’s 2020 Finance Industry Insight takes a deep dive into the pandemic’s impact on Egypt’s key banking and non-banking financial subsectors and assesses the sector’s role in driving economic recovery going forward. The issue starts with a macroeconomic round-up followed by a look at the retail banking segment, which will be crucial in stimulating household spending amid challenging times. Chapter three, on financial inclusion, explores the growing role of non-banking finance in the sector to draw more people and companies into the system,…
The Egypt Economic Profile is an essential reference for decision makers looking for timely information about Egypt’s transforming economy. It is filled with key, up-to-date data on all of Egypt’s major services and goods sectors as well as a review of the current macroeconomic landscape – including foreign trade, investment and the stock market. This report is distributed to more than 2,000 AmCham Egypt member companies and affiliate members as well as local institutions that rely on well-researched, reliable information to guide their decisions. To read the report online, please click here
The Egypt Business Digest provides a periodic roundup of macroeconomic and legislative updates as well as the latest news about major investment projects in Egypt. In 2020, as the COVID-19 pandemic was challenging economies around the world, Egypt responded with a wide-ranging economic stimulus package worth EGP 110 billion (USD 6.9 billion, 2% of GDP) with various fiscal and monetary measures to absorb the shocks of the pandemic. The July Digest assesses the impact of the coronavirus on the economy.
Companies around the globe have rolled out mandatory remote work. Whether you’re a work-from-home newbie or a veteran, an employee or a manager, here’s what you need to do to stay productive. Emad Nasr, human resources director at Lecico Egypt, shares his simple guide on how to work productively at home, manage virtual meetings and lead in times of crisis. For more details, check out the full article.
Meet five Egyptian women who made it on Forbes Middle East 2020 Power Businesswomen list. We asked them about their best and worst decisions, barriers to female leadership and the women who have inspired them. Abir Leheta, Chairman and CEO, Egyptian Transport & Commercial Services Co. (Egytrans) Hoda Mansour, Managing Director, SAP Egypt Mervat Sultan, Chairperson, Export Development Bank of Egypt (EBE) Noha El Ghazaly, Managing Director and Head of Investment Banking, Pharos Holding for Financial Investments Pakinam Kafafi CEO, TAQA Arabia For more details check out the full article.
With more investments flowing in and natural gas exports on the rise, Egypt is moving steadily closer to its goal of becoming an energy hub for the Eastern Mediterranean region. This progress is supported not just by new discoveries and increased production, but also by a comprehensive reform strategy that aims to help Egypt make the most of its oil and gas resources at home and in international markets. Chapter one in this edition of the Energy Industry Insight looks at the Oil & Gas Modernization Project, with updates on the state’s seven-pillar program overhauling every aspect of the petroleum…
Backed by strong legislative reforms and an improving macroeconomy, Egypt’s financial sector holds a treasure chest of opportunities. The latest edition of AmCham Egypt’s Financial Services Industry Insight looks at all aspects of the sector from banks to insurance to the capital markets, and more. The issue starts with a look at the macroeconomic progress of the past three years, with the latest data from Egypt’s economic turnaround, an assessment of potential challenges and the reform plan going forward. This is followed by a chapter on the insurance sector’s growing potential and a third chapter covering the key drivers behind…
The Egypt Business Digest provides a periodic roundup of macroeconomic and legislative updates as well as the latest news about major investment projects in Egypt. In 2019, Egypt was wrapping up its three-year economic reform program, supported by a USD 12 billion Extended Fund Facility from the International Monetary Fund, and had climbed eight places in the World Bank’s Doing Business 2019 index. The October Digest includes a host of new laws and business reforms aimed at stimulating the economy, reducing red tape and promoting investment.