“We are in the LPG field and we have six factories in Egypt for filling cylinders of LPG. Our production now is almost between 150,000 – 200,000 bottles per day.”
“Egypt was the second country in the world to produce cinema. When the film industry was started by the two French brothers, the Lumière brothers, immediately the next year, Egypt produced the first Egyptian film in Alexandria.”
“This year our tourism number has reached a healthy 10 million. Admittedly, our income is not like it used to be in and before 2010, but hopefully the prices will start to increase from March 2015.”
“The printing industry all over the world has been affected because of the media. However, the packaging industry is still active all over. In Egypt, the potential in the packaging industry is very big.”
“In 2010, a lot of new construction projects were sold. Foreign investors were waiting for things to normalize again. A lot of those projects will start again. That’s why I say the prospects are good.”
“SCIB Paints is the number two player in the Decorative coatings industry in Egypt which comprises architectural coatings and wood coatings. What we would like to do is make SCIB the most loved paint brand in the next few years. Asian Paints is amongst the top five Decorative coating companies in the world.”
Among others, BML Istisharat has also recently deployed their Industrial Manufacturing And Distribution system (IMAD) for corporations in Lebanon and Iraq.
Yves Gauthier, CEO of Mobinil
“Mobinil was one of the first operators to enter the market at the same time as Vodafone. We have a long history in the mobile market in Egypt. We have tried to build our reputation on our services and our pricing. For two years we were ranked as ‘the best mobile network in the country’.”
“EFSA is the result of unifying all the financial regulators. Our Constitution mentions EFSA, or the non-banking finance regulator as an independent body. We regulate 6 activities, capital markets, insurance, private pensions, mortgage, leasing and factoring. And as a recent development, for the first time in Egypt, microfinance. It is challenging.”
“Egypt is very capable when it comes to milling. We have mills that produce excellent quality. They are capable and some of them even export to Africa. This is as far as flour milling is concerned. As for pasta, we are also very capable and we also export to Africa. Egyptian rice, on the other hand, is one of the best kinds of rice in the world.”
