In comparison to many other industrial subsectors in Egypt that rely heavily on imported inputs, which grew more costly following the 2016 currency devaluation, the garment segment is able to use locally sourced materials. Foreign investors are attracted to the production base’s relatively affordable labour, lower electricity and water costs,...
Which policies can be adopted to encourage more private investment in special economic zones?
Industry is front and centre of Egypt’s economic growth and diversification policies. The government aims to increase high-technology exports in this sector, as well as increase the value added by manufacturing as a percent of GDP. Several factors make industry attractive to foreign investors, including the country’s location between key...
Industry is front and centre of Egypt’s economic growth and...
Leveraging its location at the confluence of over 200 air routes, 150 shipping lanes, thousands of kilometres of road networks and a developing rail system, Abu Dhabi offers global and local businesses a range of industrial and free zones closely linked to these avenues. This dovetails with the emirate’s long-term development strategies, the...
In 2019 Abu Dhabi’s retail sector continued to adapt to a 5% value-added tax (VAT) that came into force in early 2018, with consumer confidence picking up as residents began to factor the new levy into their purchasing behaviours. Malls continue to dominate the retail space, which saw some 200,000 sq metres of gross leasable area (GLA) added...
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