Egypt4Business Campaign by AmCham Egypt
“Egypt4Business Campaign is about telling the story about successful US, Egyptian and multinational businesses operating in Egypt,” explains Hisham Fahmy, CEO of American Chamber of Commerce in Egypt.
imported 2024-03-17 17:43:06
“Egypt4Business Campaign is about telling the story about successful US, Egyptian and multinational businesses operating in Egypt,” explains Hisham Fahmy, CEO of American Chamber of Commerce in Egypt.
“We started by my older brother in Lebanon back in 1957. We are “chicken” people. Poultry is our life,” explains Tony Freiji, President & CEO Wadi Group.
Loay H. Nazer, Chairman of Nazer, talks about doing business in Saudi Arabia.
“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.
The tourism and service industry could be the providential answer to the pressing unemployment issues in the Kingdom. According to the country’s master economic and industrial development plan through the year 2025, the total Saudi labor force in 2009 consisted of 4,885,960 workers. That figure is projected to grow to 11,850,180 by the end of the planning period.
Over the past decade, Saudi Arabia has emerged as one of the best places to do business in the Middle East. In its ranking “Ease of Doing Business” Index 2011, the World Bank ranked 11th out of 183 countries. Saudi Arabia has made significant progress by moving up to 11th place from the 67th place in the global ranking it occupied in 2005.
“As in any emerging market, regulations are not black and white. Here in Saudi Arabia, we have regulations but the interpretation and the implementation of these regulations represent quite a challenge for doing business here,” says Majed Al Hogail, Managing Director of Rafal Real Estate Development Co.
Abdul Rahman Al-Zamil, Chairman of Zamil Group
Without any hesitation I can tell you that doing business in Saudi Arabia is the easiest of all of these countries. Easy business doesn’t mean only government procedures.
Mohammed S. Alkhalil, President of FAD Investment & Development
Real estate is a major issue in Saudi Arabia. It is the second largest sector after oil and gas.
“Today we have 50,000 cows in one location and we are considered to be the largest integrated dairy farm in the world,” says Ali O. Al-Rakban, CEO of Al Safi.