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General Indicator
Annual General Inflation Rate
Population

Average 90 Million. 9.21% in Sep. 2015

Net International Reserves Net Foreign Direct Investments

USD 16.3 Billion by the end of Sep.

2015 2014/15: recorded USD 6.4
Billion
FY 2013/14 recorded USD 4.1
Billion
FY 2012/13: USD 3.8 Billion
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 Why Egypt
1.Central Location with Strategic Trade Agreements.
2. Access to a Large Consumed Base in Egypt and
Beyond.
3. Diversified Growing Economy.
4. Qualified and Competitive Labor Force.
5. Improving Infrastructure.
6. Reformist Investment Climate.
7. An Economy that is Resilient to External and Internal
Shocks.
8. Dynamic Business Environment more Reliant on
Private Investments
9. Abundance
3 in Natural Resources.
A business environment favourable to
investment
52
52 Double
Double Tax
Tax Avoidance
Avoidance Agreements.
Agreements.
111
111 Investment
Investment Protection
Protection Agreements.
Agreements.
Member
Member ofof OECD
OECD Investment
Investment
Investor Committee.
Committee.
Protection
Protection 5
5 main
main investor
investor protection
protection schemes
schemes
endorsed
endorsed by
by GAFI.
GAFI.
Member
Member ofof MIGA
MIGA (Multilateral
(Multilateral Investment
Investment
Guarantee
Guarantee Agency).
Agency).

A
A stimulus
stimulus package
package introduced
introduced by by The
The
Ministry
Ministry of
of Industry
Industry toto facilitate
facilitate
investments
investments in in the
the industrial
industrial sector.
sector.
Legal
Legal Reforms Lifting
Lifting the
the security
security approval
approval requirement
requirement
for
for media
media companies.
companies.
Processing
Processing reforms
reforms related
related toto the
the technical
technical
operations
operations at at GAFI`s
GAFI`s one
one stop
stop shop.
shop.

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A business environment favourable to
investment

Issuance of law 32/2014:

That reinforces the legal standing of

past contracts with the state, a law
that limits appeals/challenges to
Legal
Legal Reforms
Reforms contracts between the government
and investors to the parties involved
only.
The law should limit the impact of the
recent issues of some earlier
privatized companies.

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A business environment favourable to
investment
Tax Policy Reforms
The Government of Egypt (GoE) has
introduced real estate taxes, dividends
taxes, capital gains taxes, and a new
VAT is expected to replace the general
Legal
Legal Reforms
Reforms sales taxes, all to widen the tax base
& Energy Reforms
Economic
Economic The GoE embarked on a
Reforms
Reforms
comprehensive reform plan including
energy products price (subsidy)
reforms, an increase in electricity tariff
in accordance to a plan for 5 years
that is communicated to the public,
and developing the regulatory
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infrastructure to increase the share of
renewable in the energy mix.
A business environment favourable to
investment
Enforcing Contracts
The Egyptian government made
enforcing contracts easier by creating
commercial courts which was
established by Law No. 120 of 2008.
Procedures
Procedures
Reforms
Reforms The Egyptian government is working on
some reform measures in this indicator
for example:
Identifying specific deadlines for the
judicial procedures.
Drafting a law for mediation.
Full Automation for the courts and
linking them to a single network.
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 GDP Growth Rate
real growth rate planned for 5%
2015/2016 comparing with the
expected rate in 2014/2015

Expected Targeted
2014/2015
2015/201
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5.00%
Increased confidence in 4.50%
4.00%
Egypts economy shown 3.50%
3.00%
by the gradual pick up 2.50%
2.00%
in real economic growth 1.50%

rates in the first nine 1.00%

0.50%
months (July-march) 0.00% 1.60%
First nine months (March-July)2013/2014 4.70%

2014/2015
8
Net Foreign Direct Investments in
USD Egypt
Billion

Source: Central Bank of Egypt

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 Ambitious Landmark Projects

1- New Suez Canal Project.

2- Suez Canal Regional Development

3- The Northwest Coast Development

4- Golden Triangle

5- Cairo Airport city

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 Thank you for your attention

amohamed@investment.go
v.eg
www.gafi.org.eg
Akram Emara

General Authority for Investment & Free

Zones
Promotion Sector