imported 2024-03-17 17:43:08
“Coca-Cola has been playing a major role in Egypt for over 70 years. We entered the local market in 1942. We are very committed to the Egyptian market and we have been investing heavily in it,” says Omar Mandour, General Manager of Coca-Cola Egypt, Yemen, Libya and South Sudan.
“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.
“There are about 14 companies under the umbrella of this group. Some are in the industrial fields, some in the surface and some are into trading, some are into real estate and some are into food. Our strongest point is that we specialize in the manufacture of external paints. This gives us a competitive edge.”
“PACHIN is one of the oldest companies manufacturing paints in Egypt & started its operations in 1958. There is no other company with all these 4 business lines – decorative paints, industrial paints, printing ink and alkyd resins.”
“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.”
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.
The real estate market in Saudi Arabia as grown more than 10% in the past five years, and shows no evidence of slowly down. According to Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, most of this growth comes from the Mecca and Medina region, and partly from Riyadh.
Al Saedan is one of the leading real estate companies in Saudi Arabia. They are known for their high-quality and unique designs. Al Saedan works on numerous projects across Saudi Arabia.
Al Saedan Real Estate is involved in land development, residential real estate, and real estate development. Each of these sectors has different competitors. Many factors are involved in making Al Saedan a leading real estate company. Al Saedan prides itself on being well organized and able to transfer all their experience from generation to generation. They know that a name isn’t enough to be successful in this market, like it was 20 years ago. Al Saedan understands that the competition is growing and the market is changing, and therefore, they must change with the times as well.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses land issues in the country. The government in Saudi Arabia, with the authorization from the King, gives land to the people or to the government for public projects. Transferring land is a freehold transfer of ownership. GCC citizens can buy in Saudi Arabia with regulations, except for Mecca and Medina, which can only be sold to Saudi Arabians.
