The main reasons to invest in Egypt in the industry & services:
A stable and robust Growth: Egypt’s GDP grew 7,5 % in 2008, which is two points above the average of the Middle East and African countries.
Many of the leading sectors of the economy are skill intensive sector such as IT, financial services and Tourism. Industry accounts for 32% of GDP, services account for 54%. For further and more specific request of information or assistance, we encourage you to contact us directly.
Wage levels in these sectors are well below those of the neighbouring countries with very similar qualifications and diploma.
A new industrial training program has been set up to trained workers to fill half a million jobs in manufacturing.
A stable economy and large consumer base with over 80 millions I inhabitants
Cairo, a capital among the 10th biggest cities in the world which is in the Middle East and North African market, the favourite destination for major global corporate along with Dubai.
Competitive corporate tax rate at a maximum of 20%.
The World Bank’s Doing Business 2008 report — which tracks the progress of 178 countries worldwide in terms of how easy it is to start, maintain and exit a business — named Egypt as the “top reformer of the year.â€
The main reasons to invest in Egypt in Residential Real Estate:
- Low property price starting from 30K €
- Steady Capital Growth (an average of 20 %)
- No Capital Gain tax
- Local and international developers are creating luxury resorts to cater for Egypt’s new influx of international tourists.
- Easy access air from numerous European destination, warm desert climate and extensive sport’s and cultural activities makes Egypt one of the most popular medium holidays location.