Public Private Partnerships (PPPs) Are Key for New Egypt
“It’s high time that the Egyptian government partners with the private sector. The private sector in Egypt is extremely resourceful,” says Tony Freiji, President & CEO Wadi Group.
Egypt to Play A Leading Role in The Supply of Quality Food
“If we look at this particular sector, Egypt is poised to play a leading role in supplying quality food and processed foods to the rest of the world, particularly Europe, the Eastern United States and the rest of the Mediterranean Basin,” notes Tony Freiji, President & CEO Wadi Group.
Egypt’s banking sector: Growth in 2014
“The banking sector has grown over the last 3 years both in terms of loans and deposits because we have a lot of liquidity in the country,” explains Roberto Vercelli, Managing Director & CEO of AlexBank.
Leading contracting company in Egypt: Global Consolidated Contractors
“We can only compete on internationally focused projects; we cannot compete in the local market. When it comes to international projects, where you need to have international experience, we are considered one of the only companies in Egypt who manages certain types of consortiums,” says Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
Global Consolidated Contractors (GCC) focus in Egypt is the Suez Canal project
“Global Consolidated Contractors was established in 2005. The idea behind the company and even its name was to create a merger between the consortium from international companies in the construction sector and local companies. We work in construction management and we bring together international expertise and local labour to bid for international projects,” says Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
Partner for Transaction Processing in Egypt and Africa: e-finance
We revisited our strategic direction last year, in using our platform and experience in Egypt to expand to other countries; our original vision was to be the preferred partner for transaction processing.
Top Corporate Banking Services in Egypt – AIB Egypt
“We are the safe haven for large depositors. AIB is considered the private bank for high net worth individuals inside Egypt,” says Amr Atallah, GM for Branches and Banking Services at AIB.
Egypt’s Tourism: Fast Growth on a Regional Level in 2014 & 2015
“Slowly but surely we are going to start to see more positive results. I expect to see this happen quickly on a regional level, i.e. from the GCC market and then later on from the international market, i.e. Europe and the Americas,” comments Mahmoud ElKeiy, General Manager of Four Seasons Hotel Cairo at The First Residence.
Egypt’s Minister of Tourism, Hisham Zaazou: “Viva Egypt”
“The latest figures show that the average spending per person, that went down from USD 85 per night to USD 62 until very recently, has slowly climbed back to about USD 80 per person, per night. We are almost back there. Looking forward to 2015, (I am knocking on wood), if we move the way we are moving, we will be back to normal by the end of the year. In 2016, we foresee a higher level of business for Egypt.”
Consumer goods market in Egypt: Egyptians turn towards value
“The last three years in particular have witnessed lots of changes and trends. Not only in the food and beverage market but also in the fast moving consumer goods market. We are starting to see trends that are very much cued towards value,” says Omar Mandour, GM of Coca-Cola Egypt, Yemen, Libya and South Sudan.