Members Database Egypt4Business Missions to the U.S. U.S. Business Mission to Egypt
Egypt-U.S. Investment
According to the U.S. Department of Commerce the stock of U.S. FDI in Egypt stood at USD 21.1 billion as of 2014, representing 32% of U.S. direct investment in Africa. In 2014, Egypt was the largest recipient of U.S. direct investment in Africa, and second in the Middle East, after the UAE.  The U.S. is among the top 10 largest foreign direct investor in Egypt. 

Apache Corporation, a large global independent oil and gas exploration and production company based in Houston, Texas, entered Egypt in 1993 and is now the largest American investor in the country, with investments totaling over USD 18 billion and another USD 1.2 billion planned in 2015. Apache holds over 6.7 million gross acres in the Western Desert. The company also operates in the USA, Canada, United Kingdom and Australia. Other American petroleum companies with operations in Egypt include ExxonMobil, Hess, Halliburton, IPR TransOil, and Merlon International."

The stock of U.S. capital excluding petroleum production and refining totaled USD 2.3 billion as of end of February 2015, distributed across 1,151 companies. American non-petroleum firms are active in most economic sectors in Egypt, with manufacturing companies holding the largest share of 38% of the U.S. non-petroleum capital in Egypt. Large U.S. investors in these sectors include 3M, American Automotive, American Standard, Bristol-Myers Squib, Cargill, Coca-Cola, Colgate-Palmolive, Dow Chemicals, Edison International, Energizer, General Electric, General Motors, Gillette, Heinz, Hundz Soil, Johnson & Johnson, Merck, PepsiCo, Pfizer, Procter & Gamble, and Xerox.

Financial services is the second largest sector after manufacturing for U.S. investment in Egypt, accounting for 33% of the U.S. non-petroleum capital in Egypt. AIG, American Express, BNY Mellon, Citigroup, Coldwell Banker, MetLife, and Visa are all participants in the financial services sector. The U.S. has significant presence in other service sectors as well.  Alcatel-Lucent, Cisco, Hewlett-Packard, IBM and Microsoft all operate in the telecommunication and information technology sector. The Egyptian fast-food market is dominated by U.S.-based franchisors including Baskin-Robbins, Burger King, Chili’s, Cinnabon, Cold Stone Creamery, Dairy Queen, T.G.I. Friday’s, Hardee’s, Hard Rock Café, KFC, Little Caesars, McDonald’s, Outback Steakhouse, Pizza Hut, Starbucks and Ruby Tuesday.

 

Leading Sectors for U.S. Business in Egypt in 2014

  • Architecture/ Construction/ Engineering Services
  • Electricity Power Systems
  • Franchising
  • Medical Equipment and Supply
  • Renewable Energy
  • Safety and Security Industry
  • Telecommunications Equipment and Services
  • Water/ Wastewater Resources

Source: U.S. Commercial Service

(Updated May 2015)



 
 
The American Chamber Of Commerce In Egypt Inc.
8000 Towers Crescent Drive
Suite 1350
Vienna, VA 22182
Tel: +1(703)760-7888