Evaluating the market in Egypt

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Egypt

While Egypt’s economy was significantly weakened from the 2011 revolution, the country’s political and economic environments have gradually recovered, with support from the International Monetary Fund (IMF) loan agreement in 2019. But the impact of COVID-19 hit the country hard, collapsing the travel and tourism sectors. Challenges were exacerbated by the decline of shipments through the Suez Canal, which hit the country’s foreign exchange earnings. Overall, the business in Egypt remains challenging, although the country’s population is the largest in North Africa and the Arab world. With a highly diversified economy, projects exist in key sectors.
  • Agriculture
  • Cleantech
  • Mining & Metals
  • Oil and Gas
  • Power
  • Rail

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