On spending habits, Egyptian consumers are willing to spend more on at-home experiences to save on restaurant and entertainment expenses (77%).
As Egypt grapples with rising prices and economic challenges, the FMCG and Durables market has witnessed notable shifts in consumer behavior during the first half of 2024.
The transaction is expected to close by Q1 2025, subject to the satisfaction of customary conditions, relevant regulatory approvals and the completion of a mandatory tender offer process for minority shares
The upcoming amendments are expected to address these issues and improve the efficiency and impact of the Export Support Fund, thereby bolstering Egypt’s export sector
He said during the first conference for food industry exporters that Egypt’s exports of food industries rose to about $3.7 billion during the period from January to July 2024, compared to $3 billion during the same period in 2023, with an increase in exports of $700 million.
