Egypt Investor Testimonials
“For the last few years Unilever has been clearly signaling its positive outlook on the Egyptian economy. Now it is clear that the reform program is moving in the right direction by fixing the economy’s fundamentals which implies the improvement is sustainable for years to come.
Unilever in Egypt has been performing well for the last few years but has witnessed a significant improvement, especially when it comes to export, since the floatation took place. It is obvious that Egypt has become an extremely attractive manufacturing base. And those who can’t see it are probably going to miss a huge opportunity either on the local market of 100 m consumer-base or on the export front with a country that has access to 2b people duty-free due to trade agreements.”
Ashraf Bakry, Managing Director
Dow Chemical IMEA, GmbH
“Dow Chemicals has been proudly present in Egypt since 1977, with a manufacturing facility inaugurated in 1997. By local customization capability, we empower local manufacturers’ outreach to international markets and enable solutions to various spectrum of industries; construction, consumer solutions, coatings, oil and gas & more at global standards.
We remain positive about Egypt, the Egyptians and resilient market that peculiarly succeeds with every challenge to reach a new equilibrium. We will continue to operate, raise investments and serve with innovative solutions.”
Momen Adel Hafed, Country General Manager
Apex International Energy
“Apex International Energy (Apex) is an exploration and production (E&P) company focused on Egypt. Apex was formed in April 2016 and is backed by U.S.-based private equity firm Warburg Pincus and the International Finance Corporation. Apex has made commitments to the Government of Egypt to invest USD 27.4 million in two Western Desert concession blocks signed into law on August 29, 2017. Egypt has the right ingredients for building a meaningful E&P business of scale: proven hydrocarbons, production sharing contracts that have the force of law, and hard-working, well educated people.”
Thomas M. Maher, President & Chief Operating Officer