Egypt is Africa’s top FDI recipient and one of the leading countries for FDI inflows in the Middle East, as of UNCTAD in 2021. Egypt maintains significant stability and economic flexibility. The country is growing stronger and becoming more resilient after economic reforms began in earnest in 2016. Implemented regulatory reforms include:
The IPR office has been established by ITIDA to raise awareness on intellectual property rights, and ensure that laws and regulations are implemented. Furthermore, the Government is firmly committed to 2030 national agenda and the United Nations Sustainable Development Goals (SDGs), developing a business-friendly environment that attracts foreign investments and high growth companies, even during challenging times.
It is a party to 112 bilateral investment treaties and has trade agreements with over 70 countries. Egypt is a member of WTO, the current Chair of Common Market for Eastern and Southern Africa (COMESA), a founding member of GAFTA. Egypt is also represented by ITIDA in the Global Technology and Business Service Council (GT&BSC), aiding in industry growth and promoting it globally.
Today, investors and business leaders choose Egypt for its pro-business government policies and regulations. With the country being a regional digital hub, the government focuses on promoting and developing:
Multinational companies are investing heavily after witnessing a smoother facilitation of their business operations, enjoying a faster go to market, growth and continuity.
Innovation is at the heart of Egypt’s ecosystem with 8+ high-tech and knowledge parks across the country along with the following initiatives to promote and accelerate adoption of new technologies and development of high-value service and products:
Investors looking to set up their business operations in Egypt will find abundant premium Grade A and B office spaces of 1 million sqm.
Download PWC’s doing business in Egypt here. This guide is intended to introduce potential investors to the taxation and legal aspects of doing business in Egypt, particularly from the perspective of an inbound investor.
Our team is happy to help you with all your investment related inquires