Educational level: Continuing education / Executive education programs.
Spanish: Negocios en Egipto
Course summary (Doing business in Egypt)
Doing business in Egypt, 72 million population. Strategic location: Asia, Africa and Europe. Foreign direct investment FDI. 21 million workers ...
Egypt has developed from the earliest of times as a
multi-cultural community, a blending of the traditions of Africa and the Middle
East, with the influences of Europe across the Mediterranean Sea. Egyptian
society is tolerant and welcoming with a democratically elected government.
Egypt's 72 million population, growing at the rate of 2% per annum, represents a large domestic market for any investor. Almost six out of every 10 Egyptians are under 25. They are
enthusiastic, educated, forward looking and open to new opportunities. They
receive a well-rounded education and increasing numbers are acquiring degrees
and specialized skills and training to take advantage of the new careers that
are opening up.
Example of the course Doing business in Egypt:
Over the centuries, Egypt has produced highly qualified workers, adaptable to the needs of the times, knowledgeable and creative. Today’s 21
million workers have mastered a wide variety if skills. About 58 per cent of the
total population is under the age of 25, while 41 per cent is between 15 and 39.
Their culture and respect for history is deep-rooted in the linkages
Egypt has forged with Europe, Asia and the Arab world.
In the fourth century BC the great Library at Alexandria became the world’s
first university, recognized as the world’s intellectual and commercial capital.
Today more than 800,000 people visit The Bibliotheca Alexandrina (The new
Library of Alexandria) a place of learning, dialogue and tolerance that reflects
Egypt’s continuing contribution to the expansion of knowledge.
Egypt stands at an enviable strategic location bridging the three continents
of Asia, Africa and Europe – the gateway to some of the world’s largest
markets by way of preferential and regional trade agreements. Egypt is the
centre of a region of 800 million people and a
hub for the world’s maritime
traffic with commercial ports on the Mediterranean and Red Seas. Egypt’s
airports are being upgraded to meet the increasing flow of passengers and
cargoes and a modern road network cross-crosses Egypt linking the Middle East, Africa and, through neighboring countries, to Europe.
The Egyptian economy has improved as reflected by a real growth rate of 4.9
per cent in GDP. GDP
reached EGP 558 billion, up from EGP 485 billion.
The reduction of customs duties has opened Egypt’s markets to more
Foreign trade and stimulated domestic producers. Business procedures have been
streamlined. Corporate and personal taxes have been cut dramatically and now are
lower than in most countries. State assets in all sectors of business are being
transferred into the private sector. Companies are being restructured.
The cost of doing business in Egypt is extremely favorable, particularly labor and land costs. Electricity and gas are priced extremely
competitively. The movement of goods is being speeded up with an improved
transport system. The ports are being modernized.
Investment Environment in Egypt
The Ministry of Investment was created in 2004 by Presidential Decree
as the primary government body that provides an environment that is
conducive to investment in Egypt, enhancing the competitiveness of economic
activities, encouraging and increasing the opportunities for local and foreign
investment.
The Ministry of Investment is assisted directly and indirectly through
affiliated organizations and in cooperation with other ministries and
organizations. The Ministry of Investment oversees the General Authority for
Free Zones and Investment (GAFI), the General Authority for economic Zone North
West Gulf of Suez (SEZONE), the Capital Market Authority (CMA), the Egyptian
Insurance Supervisory Authority (EISA), the Mortgage
Finance Authority (MFA) as
well as the holding companies and affiliated companies in public business
sector.
The Ministry of Investment implements definitive policies to promote and develop
investment by:
1. Creating the suitable organizational and legislative environment for
investment
2. Promotion
3. Performance progress measurement
Egypt - Mercosur Free trade agreement (FTA):
Scholarships
EGYPT مصر
EENI delivers to HRH Prince
Alwaleed bin Talal a Master Honoris Causa
EENI in Arabic:
ماجستير في التجارة الخارجية و التسويق الدولي
Business, Egypt, Egyptian economy, foreign trade, Cairo, Invest, Doing business, population, Strategic location, Asia, Africa, Europe, foreign direct investment, FDI, workers, Master, international business
EENI International Business
