While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.
Egypt’s microfinance segment is gaining new momentum thanks to central bank and government initiatives.
Egypt’s long-awaited investment law is set to be implemented in the coming months, potentially catalysing further growth in recovering foreign direct investment (FDI).
Heightened activity across several of Egypt’s large, new gas fields and government policy measures aimed at encouraging the sector’s development have put the country on course to reach its target of becoming a net exporter by 2019.
In spite of Egypt’s macroeconomic headwinds, the country’s real estate market has benefitted in recent months from steady demand and currency reforms, resulting in a busy pipeline of new projects and investment funds.