Egypt

Like other parts of the travel industry in Egypt, car rentals have been heavily impacted by COVID-19. The drop fall in inbound arrivals following the suspension of international flights and the border closures hit both leisure and business rentals, ...

A significant percentage of booking transactions are still placed offline in Egypt, with longstanding commercial relationships the backbone of the industry. Around a third of travel intermediaries sales are set to be made online in 2020, a far lower ...

Lodgings have been hit exceptionally hard by COVID-19, and in particular the collapse in inbound leisure tourism caused by the suspension of international flights and the closure of borders. Hotels and tourist sites were shut in March in response to ...

Airlines in Egypt are set to be severely impacted by the effects of COVID-19, reversing several years of strong volume growth. The government reacted quickly to the pandemic, closing its borders on 19 March and going into lockdown soon after that. ...

COVID-19 has hit the travel industry in Egypt hard, with border closures and flight cancellations shutting down inbound travel, and quarantine, curfews and falling income hitting domestic travel. Incomes from air, car rental, hotel and lodging stays,...

Tourism is one of the most important parts of the Egyptian economy, and prior to the onset of COVID-19 in March 2020, was on course for an exceptional year. The industry saw strong revival throughout 2019, and tourist numbers had continued to show ...

Consumer income and spending are forecast to expand at a steady rate by 2030, thanks to accelerating economic growth, inflows of foreign investment, and lower unemployment. This is expected to support consumer income growth and drive expansion of the...

As the dominant category in both retail volume and value terms, wireless speakers continued to drive the performance of portable players in Egypt towards the end of the review period, while demand for portable media players has continued to decline ...

Only emerging in Egypt in 2016, wearable electronics has quickly gained local consumers’ attention, driven by increasing adoption of global health and wellness trends, including fitness and sports activities among young consumers. The category ...

Overall demand for consumer electronics was down in Q2 compared to its stronger performance in 2019 for several reasons as lockdown measures were introduced in March in response to COVID-19 in Egypt. Increasing pressure on disposable incomes due to ...

Retail volume sales of the dominant LCD TVs are likely to record slower growth for most of 2020 compared to 2019 due to prioritising spending during lockdown in Q2 but demand remained notable earlier in the year as consumers continued to invest in ...

From the middle of the review period onwards, Egypt had seen increasing demand for smartphones, driven by lower penetration rates compared to Western countries, and increasing competition in the telecom industry which yielded highly affordable data ...

Demand for imaging devices in Egypt was already declining pre-COVID-19 due to the increasing penetration of multifunctional smartphones in the country, and the advanced features that many of these devices now offer consumers in terms of high ...

Prior to the emergence of COVID-19 in Egypt, demand for portable computers, particularly laptops, had continued to experience steady demand compared to desktops, as consumers continued to appreciate the convenience that these devices offered. ...

Home audio and cinema remained a smaller and increasingly perceived outdated category compared to the likes of home video, often purchased by affluent consumers or music enthusiasts. This perception had continued to influence its overall performance ...

With lockdown measures introduced in March 2020, resulting in a high number of consumers remaining in the home for long periods of time, including remote learning and work from home measures, demand for in-car entertainment in Q2 was greatly reduced ...

Egypt’s economy will see solid growth in 2020. The pandemic is likely to impact the Egyptian economy primarily due to declining travel and tourist activity, reduced worker remittances, capital outflows, and slowdown in domestic activities as people ...

Alcoholic drinks in Egypt is expected to record a total volume decline in 2020. While off-trade volume sales are set to grow, a sharp fall is expected in on-trade volumes across all categories due to the closure of horeca outlets and the wide-scale ...

Cider/perry was not officially available in Egypt in 2019, and this is expected to remain the case throughout the forecast period....

Beer saw a return to total volume growth in Egypt in 2019 and continued to dominate alcoholic drinks. This was due in part to its lower unit price and thus relative affordability compared to wine or spirits. The return of tourism also served as a ...