imported 2024-03-17 17:43:07
“Our gardens really transport you away from the reality of everyday life in Cairo. I mean, when you sit in a garden and enjoy your coffee, you could be anywhere in the world. The birds are singing; you don’t hear the traffic. It’s just amazing. No place else in Cairo can even closely approximate that.”
Smart Village is not just office space; it is a technology park. You will find research centres, education institutes, incubators for small companies and we also have a financial district including the Cairo Stock Exchange as well as many Financial Institutions and banks.
“Certainly this young, growing market is very attractive. There are already four operators that are working in this market. The invisible handle on the market decides the right number of competitors whether it be three, four, five or more etc. I am not going to try to say what the right number is. The market is young, growing and it is moving in an all-data format.”
“This is a great market; we are at an extraordinary point where everything is moving towards all-data and mobile broadband so that users can be connected all the time,” says Mohammed Elnawawy, Managing Director, CEO and Head of Customer Care of Telecom Egypt.
“The Egyptian telecoms market is very large and very young. It is a growing market,” says Mohammed Elnawawy, Managing Director, CEO and Head of Customer Care of Telecom Egypt.
Egyptian Drilling Company is a joint stock company formed in 1976 as a corporation between the Egyptian General Petroleum Corporation and the A.P.Moller Maersk with a 50-50 partnership. We started operations with one onshore drilling rig and we have expanded since then and today, we have 70 rigs.
TAQA Arabia, a one stop shop for energy supply and energy solutions in Egypt, claims that renewable energy is increasingly becoming a necessity for Egypt.
“The general atmosphere now is that of hope and optimism. The current government has sent out many messages of reassurance to investors. A series of significant reforms and national projects have been launched.”
“We are real estate developers and in my opinion, the real estate sector has been one of the most resilient industries, fortunately. SODIC, as a company, has also been more resilient than others. I believe it is a factor of a very deep-willed demand in the market place that is not built on speculation or credit,” notes Ahmed Demerdash Badrawi, Managing Director of SODIC.
“In terms of industry, Egypt is the third largest market in Africa, the second is Algeria and the first market is South Africa. Moreover, with a population of 90 million, a quarter million vehicles is a very low volume. Therefore, we see a great potential for growth in Egypt,” comments Tarek Atta, Managing Director of GM Egypt & North Africa.
