Why Egypt?
Rapid Economic Growth
Egypt enjoys a rapidly developing economy. Economic indicators prove this.
B+
Fitch Rating score with regard to the long-term foreign currency Issuer Default Ratings (IDR)
B
In 2018, Standard and Poor’s (S&P) credit rating agency upgraded Egypt’s sovereign rating
X2
Foreign Direct Investments between 2013/14 & 2016/17 reaching US$ 7.9 Billion
Top Investment Destination
Egypt ranked as the best foreign direct investment (FDI) destination in Africa according to the Rand Merchant “Where to invest in Africa 2018” Report. The 2018 World Investment Report by the UN Conference on Trade and Development placed Egypt as the second biggest recipient of FDI in Africa and the Arab world. In addition, investments in closed companies generate internal rates of return that generally exceed 26%.
Large, young and educated population
With over 100 million people, Egypt’s young and educated population is both the largest consumer market in the Middle East and was shortlisted as an Outsourcing Destination in 2016 by the European Outsourcing Association Award.
In 2015, Egypt was voted one of the 10 destinations worldwide to launch a start-up by Forbes and ranked 30th globally for growth potential in AT Kearney’s Global Retail Development Index in 2016.
41%
Largest consumer market in the Middle East, with 41% under the age of 25
1M
New consumers each year
Egypt Vision 2030
Egypt’s 2030 vision plans to develop a competitive, balanced and diversified economy by supporting innovation and knowledge, social justice, economic development, and the environment. Taking into consideration the rights of new generations in a prosperous life, the Sustainable Development Strategy focuses on three main dimensions: economic, social, and environmental.
As part of the 2030 vision, the Egyptian government has launched a series of Mega Projects. The projects address may key sectors through reforms and new investment opportunities.
