Reform outcomes

The new Egyptian economic environment has become attractive to foreign direct investment.  Many of the world’s major companies have invested in various sectors. Since the new government came into office in July 2004 economic performance has improved bringing about more opportunities, investment and transfers of assets from the public to the private sector.

In the past 12 months more than $5.6 billion has been realized through sales of state owned companies, – more than twice the achievement of the previous four years. Lower tax rates across the board, lower customs duties and streamlined procedures to get new companies up and running have combined to make Egypt the first choice for investors looking to enter the Middle East and North Africa marketplace.

The opportunities in Egypt range from multi-million investments in the energy sector, banking and finance to start-ups in Information Technology, where Egypt is making its mark as a major player in global outsourcing. The investment climate has never been brighter. Inflation had been brought down. The political and social climate has become more open with democratic reforms guiding the nation into a new era of transparency and accountability.

Egypt is the choice of multinational companies across the major investment sectors: construction, agriculture, finance, heavy industries and the fast-growing tourism business.

There has never been a better time to take a new look at Egypt and what it offers businesses for the 21st century.