Egypt posed for continued growth despite COVID-19
The Covid-19 pandemic has profoundly disrupted the business environment in Egypt, forcing companies to rapidly adapt and accelerate transformation processes. Almost a year after the declaration of the global pandemic by the World Health Organisation (WHO), two clear trends emerge.
- First, the most agile, innovative, and resilient Egyptian firms are now in a very strong position for future growth.
- Second, the ability to limit the transmission of the virus without halting the economy has been key to ensuring Egypt’s continued growth and a positive forecast for 2020 and beyond.
These two assessments go hand in hand, as the capability to safely carry out vital infrastructure projects even in the midst of the pandemic has been essential to supporting the country’s economic stability.