Official magazine

The Egyptian stock market has been hitting record highs since August with its main index EGX30.

One of the most significant non-banking financial services industries in the nation is the insurance business. Due to its close ties to other economic sectors, it is one of the sectors that contributes to the GDP.

The pharmaceutical industry in Egypt is among the largest in the region, with the volume of sales of medicines during the first quarter of 2023 reaching LE 18.4 billion.

The past 20 years have seen Egypt’s retail market grow in leaps and bounds. Shopping malls have sprung up at every corner, not only in Cairo and Alexandria, but in the other governorates as well, housing local and international brands. Over the past two decades Egypt has also become a hub for international brands who were attracted to its market of 100+ million population.

Plans are in place to enable Egypt to live up to its potential in the tourism sector.

COMING TOGETHER FOR EARTH - COP27
Egypt hosted in November the 27th United Nations Climate Change Conference, the world's largest climate-centered global annual event

The year 2022 marks a very special occasion for the French Chamber of Commerce and Industry in Egypt (CCIFE) as it celebrates 30 years since its creation.
The CCIFE is marking this milestone with a number of celebrations in both Egypt and France.

In June, Egypt hosted the first edition of Africa Health ExCon, a conference and exhibition that is one of a kind on the continent. Nearly 2,000 delegates representing government health entities from Africa and the Middle East participated in the event, held under the theme ‘Your Gate to Innovation and Trade.’