On spending habits, Egyptian consumers are willing to spend more on at-home experiences to save on restaurant and entertainment expenses (77%).
As Egypt grapples with rising prices and economic challenges, the FMCG and Durables market has witnessed notable shifts in consumer behavior during the first half of 2024.
The transaction is expected to close by Q1 2025, subject to the satisfaction of customary conditions, relevant regulatory approvals and the completion of a mandatory tender offer process for minority shares
The upcoming amendments are expected to address these issues and improve the efficiency and impact of the Export Support Fund, thereby bolstering Egypt’s export sector
The minister emphasized that boosting exports, particularly of goods, is central to the government’s strategy for achieving sustainable economic growth
