List of all articles filed under “doing-business-in-egypt” category.
“Intel, Egypt is committed to the Egyptian market thought our “Egypt tomorrow” initiative. We are here to stay. We are confident about the potential of the Egyptian market. Our strategy is aligned around the three main areas of education, innovation and entrepreneurship,” notes Karim El Fateh, Country Manager (Egypt & Levant) of Intel Corporation.
Engineering Square (IDG) started in 2007 as an idea of the former Minister of Trade and Industry Engineer Rashid and some business people. “They invented the so-called industrial developer to create more industrial land in Egypt without putting financial burden on the government. We have sold out about 85%, of which 50% are already functioning. We have about 35 factories operating. Another 25 are under construction,” explains Sameh Attia, Managing Director of Engineering Square (Industrial Development Group).
“SECON is owned 50% by the Saudi government and 50% by the Egyptian government. It is and will continue to be a very good example of cooperation between these two governments and of cooperation between two Arab countries. The continuous support and help from Saudi Arabia to Egypt has been fantastic,” said Eng. Darwish Ahmed Hassanin, CEO of SECON.
Egypt’s agriculture is composed mainly of two segments: the larger agribusiness operations growing produce on a large scale and the smaller traditional family farms that account for 80% of the cultivated land in the country.
“Our target is to finish this project over the next five years. It will cover a total of about 25,000 acres, growing mostly wheat, corn, alfalfa and barley and a little bit more table grapes and dates,” reveals Daniel Leroux, CEO of KADCO Egypt.
“The Saudi Egyptian Construction Company was established in 1975 by the Saudi and the Egyptian governments. It is split equally by both parties. The company was established for real estate investment in Egypt. Since 1975, we have been making excellent investments and we have been producing different kinds of apartments with the required standards for Egyptians and for Arabs,” explains Engineer Darwish Ahmed Hassanin.
“Our biggest success was in Libya from 2007 to 2010, where GCC participated in infrastructure projects throughout the country. We are currently doing similar projects in Saudi Arabia, Iraq, and Egypt. Our main focus in Egypt is the Suez Canal project,” notes Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
Coca-Cola has been a player in Egypt for over 70 years and it has established itself as the leading beverage company in the country. “Our biggest project here in Egypt is our partnership with the Egyptian Food Bank and our pledge to develop the hundred poorest villages in Egypt. This project will take us all the way into 2020,” explains Omar Mandour, General Manager of Coca-Cola Egypt, Yemen, Libya and South Sudan.
“We work on promoting trade and investment between Egypt and the United States through serving our members and the entire business community and advocating on their behalf for a favourable business environment and fostering a socially responsible business environment.”
“The SCCT is a true success story for Egypt… There is no other container terminal on the Suez Canal on the Mediterranean end able to handle very large container vessels. Therefore, our main competitive advantage is our prime location. There are facilities close by on the Mediterranean but we stand out because of our size,” explains Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT).
