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ARTICLE · 23 APRIL 2025

2023: Doing Business In Egypt

What is the current business climate in your jurisdiction including major political, economic and/or legal activities on the horizon in your country that could have a big impact on businesses?

United StatesGovernment, Public Sector

Doing Business In Egypt

  1. What is the current business climate in your jurisdiction including major political, economic and/or legal activities on the horizon in your country that could have a big impact on businesses?

The Egyptian economy is driven by several key industries and sectors that play vital roles in its growth and development. Agriculture holds a significant position, and the communication and information technology sector has become a global outsourcing destination, ranking 14th worldwide in the Global Services Location Index. Egypt's telecommunications and information technology sector continues to make advancements, with the introduction of 4G mobile services and the soon-to-be-introduced E-SIMs. Energy plays a crucial role as Egypt aims to become a regional energy hub. However, the government is taking steps to diversify the economy and reduce its dependence on oil, such as investing in infrastructure and renewable energy.

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