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Egypt

Egypt has witnessed an economic boost in the last couple of years due to the economic and structural reforms program that the country implemented in 2016. As a result, the investment climate has grown to be very attractive for local and foreign investors through many favorable incentives.

Overview of the Egypt investment landscape

 
Egypt has always been famous as the ideal market for investments; its vast population and the untapped dynamic market facilitate introducing and testing new ideas.
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Facts and Figures about Egypt

- The current population surpasses 101 million, with almost 16.6% young population aging between (21 - 29).
 
- Egypt's Suez Canal hosts 10% of the world trade passing through it annually.
 
- Inflation rates have decreased dramatically, and the GDP is expected to grow by 3% for 2021.
 
- Interest rates have dropped from 13% to 8.25%.
 
- Egypt's geographical location has always been a great asset. Since it perfectly lies in the heart of Africa and acts as a gateway to multiple European countries.
 
- In 2019, Egypt’s startups raised collectively $95 million in 142 investment deals, setting a new record.
 
- New Cities especially the new administrative capital is providing investors with attractive investment in Egypt opportunities primarily real estate opportunities.
*Disclaimer: This material has been prepared for general informational purposes only and is not intended to be relied upon as legal, accounting, tax or other professional advice.

Contacts Information

Address

Rihana Plaza Tower, 10th Floor,

Zahraa El Maadi Street, Cairo, Egypt.

Mobile Phones:
(002) 01126639119
‎(002) 01552825597
Earth Lines
(002) 0225199932
(002) 0225199832
Business Hours

Sunday-Thursday:
09:00 am - 05:30 pm - EET (UTC +2)

Email Address

info@krestoneg.com

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