The Fast-Moving Consumer Goods (FMCG) sector started to demonstrate growth over the past year, with clear signs of consumption recovery.
The Egyptian economy continued to navigate turbulent waters in Q3 2024, but signs of stability and resilience are emerging
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
