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In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
The GrEEK Campus, also GEEK Campus, [2] is a technology park in Cairo, Egypt. The campus provides workspaces for rent, for startups , as well as established local and multinational companies. [ 3 ] [ 4 ] Located in Downtown Cairo, The GrEEK Campus consists of five office buildings with a total space of 25,000 m 2 .
SICO Technology is an Egyptian company which manufactures mobile phones, tablets, and a range of 3G/4G mobile phones and smartphones which include the Nile X smartphone manufactured in Egypt. It was founded in 2003 with its headquarters in downtown Cairo , Egypt .
Best practices. The Arab Republic of Egypt was among the top ten global Doing Business reformers in four of the seven years from 2003 to 2010. [1] In Doing Business 2006, Egypt ranked 6th globally on reforms, and in 2007 it ranked 1st, after reforming in five out of ten areas that were studied, jumping 26 places in one year as reported in Doing Business 2008.
Swvl was founded by Mostafa Kandil, Mahmoud Nouh and Ahmed Sabbah in 2017. Nouh and Sabbah left the company in 2019 and 2021, respectively. [22] [23]CEO Mostafa Kandil previously worked for Rocket Internet, where he launched car sales platform Carmudi in the Philippines. [4]
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EIM is the main business arm in the automotive industry of its parent company Alkan Group. EIM Group operates in several sectors, which includes servicing and distribution of automotive vehicles, [ 2 ] as well as the manufacturing of earth moving apparatus, utility passenger motor vehicles and marine to power equipment. [ 3 ]