Egypt

Car rental saw an increase in marketing by the leading players in 2019 which helped to drive stronger growth than that seen the previous year. Government efforts to improve road safety has also helped to restore confidence in car rental. Global car ...

Egypt’s economy will see healthy growth in 2019. Growth will be supported by rising government and private investment, an improvement in the regulatory environment and higher gas production. The rising debt burden is a concern. Growth of real GDP ...

Air transport accounts for the majority of inbound arrivals in Egypt and as tourist numbers recover this will likely put growing pressure on the country’s airports. Egyptian Holding Company for Airports and Aeronautics is therefore putting its ...

Occupancy levels reached their highest level since 2010 in the first quarter of 2019, with this impressive performance set to continue. A combination of the strong rebound in inbound arrivals coupled with strong interest and investment from foreign ...

With Egypt’s economy and tourism industry seeing solid growth, big names from the Middle East are eager to invest. A key point is the investment cooperation between Saudi Arabia and Egypt for the development of the Red Sea Island and Neom project, ...

Travel and tourism in Egypt continued its impressive turnaround during 2019 thanks to wider economic reforms in the country, which attracted foreign investment, as well as focused efforts on improving safety and security in the country. There has ...

Egypt’s rich history and cultural significance remains unmatched with many of the world’s leading tourist destinations. The government aims to preserve its rich archaeological treasure and cultural and heritage sites which were negatively impacted ...

The report examines how the Shifting Market Frontiers megatrend has evolved over the last 12 months. It provides analysis on how shifting economic power, technology, and population changes are impacting core Shifting Market Frontier megatrends, and ...

The effects on consumers of devaluation have been aggravated by import tariffs on a wide range of products, including electronic devices. As a result, prices of in-car entertainment have risen dramatically, and the environment has become increasingly...

Consumers are still feeling the effects of the government’s floating of the Egyptian currency at the end of 2016, in order to satisfy IMF requirements. This was further aggravated by import tariffs on a wide range of products, including electronic ...

“Home theatre” suffered greatly as the government officially classified it as a luxury category with many non-essential products. The government’s imposition of very high custom tariffs caused many products to disappear from the shelves of retailers....

Televisions remains among the most popular consumer electronics in Egypt. Competitive prices, technology, improved screen resolutions and reputable brands are the most important factors in the purchasing decisions of consumers. Retail volume sales ...

Technological upgrades for smartphone cameras have rendered digital cameras targeting amateurs, such as Casio and Samsung, almost redundant. Advanced features include wide aperture, High Dynamic Range (HDR), Optical Image Stabilization and easier and...

Sales of smartphones in Egypt grew strongly in 2018 and 2019. Growth was supported by two major developments. The increasing competition in the telecom industry yielded highly affordable data packages, making mobile internet available to the masses. ...

Consumer electronics continued to feel the effects of the devaluation of the Egyptian pound in 2019. However, consumers have started to adapt to higher prices, while remaining price-sensitive and prioritising the product types they purchase. ...

Wireless speakers is set to remain the only growth driver in the forecast period. Bluetooth technology has created strong opportunities as there is a need to connect to various consumer electronics. Thus, sales of wireless speakers are increasing in ...

Wearable electronics is set to register dynamic retail volume growth over the forecast period. The newness of the category offers room for development and strong growth from a low base. In addition, more and more Egyptians are adopting global health ...

Beer continued to dominate alcoholic drinks in Egypt in 2018. This is because it is considered to be the most economical option, with prices considerably lower than those of wine or spirits. The main consumers of beer are men, especially urban ...

Before 2017, volume growth in alcoholic drinks was fuelled by the adoption of Western trends by Egyptian consumers, leading to lifestyle changes. However, in 2017 and 2018, rampant price increases limited total volume growth in alcoholic drinks, ...

In line with ongoing Westernisation, wine is an alcoholic drink which is increasingly accepted by Egyptian consumers. It is typically purchased on-trade through restaurants or bars, although the share of off-trade sales is increasing. Domestic wine ...