List of all articles filed under “egypt-sector-analysis” category.
The Egyptian market is starting to witness intense competition between the investment companies related to huge tenders and contracts for the implementation of a range of real estate projects. This will create a healthy competitive environment that will have a positive impact on the Egyptian economy. It is expected that the prices of Egypt’s property units will increase by up to 15 percent by end of 2014.
“If we look at the numbers during the last 3 years, we can see that the numbers have been fluctuating from up to down and so on. Egypt’s tourism shows its resilience,” stated Ambassador Nasser Hamdy, former Chairman of Egyptian Tourism Authority.
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.
The Egyptian banking sector ticked off marked growth over in the last year, with aggregated assets rising by nearly 17 percent in local currency terms during 2013, according to the country’s Central Bank.
Though coming out of a challenging period Egyptian industry is showing marked signs of a steady recovery. Industry is the second largest sector in the Egyptian economy and accounts for nearly 40 percent of GDP.
