What are your expectations with respect to short-and medium-term demand for steel?
The textiles sector is among Egypt’s oldest and most important industrial segments. With the introduction of Qualified Industrial Zones (QIZs) in 2004, giving exporters tariff-free access to the US market, the textiles industry reached new heights. Indeed, for much of the 2000s, the industry was experiencing double-digit growth. However, the...
While the years since the 2011 Arab Spring have been difficult for many of Egypt’s industries, the fast-moving consumer goods (FMCG) segment has remained largely resilient. Although inflation has been a worry in terms of its effect on domestic sales, the majority of FMCG manufacturers have been experiencing robust growth.
The chemicals and plastics sector has a long history in Egypt, and it is becoming an increasingly important component of the country’s industrial output and export base. With strong demand for a range of industrial chemicals and for plastics to serve the thriving fast-moving consumer goods market, the sector is likely to become an industrial...
The Egyptian car industry resonates as a marker of prestige and self-sufficiency. However, it also holds more tangible benefits for the country’s economy. The 15 car assembly factories and 75 facilities in supporting industries employ 75,000 workers and have the capacity to produce 300,000 cars and buses per year. The industry performed...
In the years since the 2011 revolution, the industrial sector has been put at the forefront of government plans for economic growth. New industrial zones, substantive training programmes and development plans along the Suez Canal corridor have all been committed to paper as part of a strategy to boost the manufacturing sector’s contribution to...