Top 30 multinational companies in Egypt
Foreign investment in Egypt spans various sectors, reflecting the country's diverse economy. However, the main sectors that have attracted significant foreign investment are:
Energy: This sector, particularly oil and gas, has been a traditional focus of foreign investment. In recent years, there has been increasing interest in renewable energy, with projects related to solar and wind power.
Telecommunications: The telecommunications sector has attracted substantial foreign investment, as the country is one of the largest telecom markets in Africa and the Middle East. The rise of digital services and mobile technology has further boosted this sector.
Real Estate and Construction: These sectors have seen significant growth and foreign investment, particularly in new cities and large infrastructure projects.
Manufacturing: Foreign investors have shown considerable interest in Egypt's manufacturing sector, including areas like automobiles, textiles, and food processing.
Financial Services: Banks, insurance companies, and investment funds have drawn substantial foreign investment. Fintech is also an emerging area of interest.
Information Technology: With a growing tech-savvy population, the IT sector, including software development and digital services, is attracting foreign investment.
Tourism: Despite setbacks due to political instability and the COVID-19 pandemic, the tourism sector is a long-term attractor of foreign investment, given Egypt's rich cultural and historical attractions.
Agriculture: With a focus on food security and agri-business, this sector also draws foreign investors.
Energy: This sector, particularly oil and gas, has been a traditional focus of foreign investment. In recent years, there has been increasing interest in renewable energy, with projects related to solar and wind power.
Telecommunications: The telecommunications sector has attracted substantial foreign investment, as the country is one of the largest telecom markets in Africa and the Middle East. The rise of digital services and mobile technology has further boosted this sector.
Real Estate and Construction: These sectors have seen significant growth and foreign investment, particularly in new cities and large infrastructure projects.
Manufacturing: Foreign investors have shown considerable interest in Egypt's manufacturing sector, including areas like automobiles, textiles, and food processing.
Financial Services: Banks, insurance companies, and investment funds have drawn substantial foreign investment. Fintech is also an emerging area of interest.
Information Technology: With a growing tech-savvy population, the IT sector, including software development and digital services, is attracting foreign investment.
Tourism: Despite setbacks due to political instability and the COVID-19 pandemic, the tourism sector is a long-term attractor of foreign investment, given Egypt's rich cultural and historical attractions.
Agriculture: With a focus on food security and agri-business, this sector also draws foreign investors.
| Company | Country | Description |
|---|---|---|
| NL | SLB is a leading provider of technology and services to the energy industry. | |
| AE | QNB Alahli is, a subsidiary of QNB Group, the largest financial institution in the Middle East and Africa. | |
| AE | Emirates NBD is a leading banking Group. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies. | |
| US | Hilton Hotels & Resorts is a global brand of full-service hotels and resorts and flagship brand of American multinational hospitality group Hilton. | |
| UK | HSBC Bank Egypt SAE is a multinational bank in Egypt, providing a wide range of financial services through a network of 43 branches | |
| CN | Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. | |
| CH | Nestlé is one of the world’s largest food and beverage company; wide range of brands from food and beverages to health care nutrition and petcare. | |
| FR | Schneider Electric provides energy and automation digital solutions for efficiency and sustainability. | |
| UK | Global energy company with 84,000 employees across more than 70 countries work together to power progress through more and cleaner energy solutions. | |
| CH | A leading global medicines company. About 125 000 people of more than 140 nationalities work at Novartis around the world. | |
| DE | Siemens is one of the world largest electronic and electrical engineering companies. | |
| US | One of the world's leading food and beverage company. Production of salty snacks, cola etc. | |
| FR | Sanofi is a global life sciences company committed to improving access to healthcare and supporting people who need care. | |
| UK | GSK plc, formerly GlaxoSmithKline plc, is a British multinational pharmaceutical and biotechnology company with global headquarters in London. | |
| US | Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. | |
| UK | Unilever is a British multinational consumer goods company. The products include food, condiments, soft drink, ice cream, and cleaning agents. | |
| US | Procter & Gamble is one of the world’s largest consumer goods company. | |
| CH | A multinational company with a strong market position working in power and automotivation technologies. | |
| AE | Etisalat Misr operates and manages GSM Mobile telecommunications network, provides Internet serives in Egypt. | |
| UK | Vodafone Egypt is Egypt's largest mobile network operator. It was launched in 1998 and was formerly known as Click GSM | |
| FR | Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems. | |
| FR | Established in 2007, Teleperformance Egypt is the first multinational contact center company to open in Egypt performing all contact center services. | |
| US | IBM is a leading cloud platform and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. | |
| US | Is a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect. | |
| US | Microsoft is a software corporation that develops, manufactures, licenses, supports, and sells software products and services. | |
| CN | Chinese consumer electronics manufacturer headquartered in Dongguan. Product lines include smartphones, smart devices, and audio devices. | |
| US | Google Inc. is an American multinational public corporation invested in Internet search, cloud computing, and advertising technologies. | |
| US | American multinational company that operates, franchises, and licenses lodging including hotel, residential and timeshare properties. |
With Egypt's strategic geographical position and well-educated workforce, it's no surprise that it has attracted numerous global corporations. This intricate dance between global players and local talent provides invaluable insight into the evolving nature of international business. Egypt's attractiveness as an investment destination is attributed to several factors.
Strategic Location: Positioned at the crossroads of Africa, Asia, and Europe, Egypt serves as a critical gateway for global trade. Its proximity to key markets makes it an ideal hub for multinational companies.
Growing Economy: Egypt has one of the largest economies in Africa and the Middle East, backed by a diverse mix of industries including manufacturing, services, and agriculture. The government has initiated numerous reforms to attract foreign investments.
Large Consumer Market: With a population of over 100 million, Egypt boasts a significant consumer base, offering vast opportunities for companies in sectors like consumer goods, telecom, and technology.
Infrastructure Development: Significant investments in infrastructure, including transportation, logistics, and technological advancements, have improved the ease of doing business in Egypt.
Government Policies: The Egyptian government has implemented several business-friendly policies, including tax incentives, customs exemptions, and streamlined procedures for business setup, which make the business environment more conducive for foreign investors.
Talent Pool: The country has a large, young, and increasingly skilled workforce. The government's focus on education and training enhances the quality of human capital available to multinational companies.
These factors, combined, make Egypt a compelling choice for companies looking to expand their global footprint.
Foreign employers looking to hire in Egypt typically seek a range of skills from applicants. Here are some key skills that are often in demand:
Language Proficiency: As international businesses operate in diverse environments, proficiency in multiple languages, particularly English and French, in addition to Arabic, is highly valued.
Technical Skills: Depending on the industry, technical skills related to the job are paramount. This can range from software engineering in tech companies to project management in construction firms.
Cultural Awareness: As businesses become more global, understanding and appreciating cultural differences becomes crucial. An awareness of international business etiquette is also important.
Problem-Solving Skills: Employers value individuals who can think critically, creatively, and can come up with innovative solutions to problems.
Communication Skills: The ability to express ideas clearly and effectively, both in writing and speaking, is essential. This includes interpersonal skills, which are important for teamwork and customer relations.
Adaptability: With rapidly changing business environments, the ability to adapt to new situations and learn quickly is highly sought after.
Leadership Abilities: Companies often look for individuals who can take initiative, motivate others, and exhibit potential to grow into future leaders.
Digital Literacy: In today's digital age, familiarity with the latest technology, software, and digital tools is a must.
By developing these skills, Egyptian applicants can increase their employability in the eyes of foreign employers.
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees in Egypt, and the number of online visitors from Egypt.
Strategic Location: Positioned at the crossroads of Africa, Asia, and Europe, Egypt serves as a critical gateway for global trade. Its proximity to key markets makes it an ideal hub for multinational companies.
Growing Economy: Egypt has one of the largest economies in Africa and the Middle East, backed by a diverse mix of industries including manufacturing, services, and agriculture. The government has initiated numerous reforms to attract foreign investments.
Large Consumer Market: With a population of over 100 million, Egypt boasts a significant consumer base, offering vast opportunities for companies in sectors like consumer goods, telecom, and technology.
Infrastructure Development: Significant investments in infrastructure, including transportation, logistics, and technological advancements, have improved the ease of doing business in Egypt.
Government Policies: The Egyptian government has implemented several business-friendly policies, including tax incentives, customs exemptions, and streamlined procedures for business setup, which make the business environment more conducive for foreign investors.
Talent Pool: The country has a large, young, and increasingly skilled workforce. The government's focus on education and training enhances the quality of human capital available to multinational companies.
These factors, combined, make Egypt a compelling choice for companies looking to expand their global footprint.
Foreign employers looking to hire in Egypt typically seek a range of skills from applicants. Here are some key skills that are often in demand:
Language Proficiency: As international businesses operate in diverse environments, proficiency in multiple languages, particularly English and French, in addition to Arabic, is highly valued.
Technical Skills: Depending on the industry, technical skills related to the job are paramount. This can range from software engineering in tech companies to project management in construction firms.
Cultural Awareness: As businesses become more global, understanding and appreciating cultural differences becomes crucial. An awareness of international business etiquette is also important.
Problem-Solving Skills: Employers value individuals who can think critically, creatively, and can come up with innovative solutions to problems.
Communication Skills: The ability to express ideas clearly and effectively, both in writing and speaking, is essential. This includes interpersonal skills, which are important for teamwork and customer relations.
Adaptability: With rapidly changing business environments, the ability to adapt to new situations and learn quickly is highly sought after.
Leadership Abilities: Companies often look for individuals who can take initiative, motivate others, and exhibit potential to grow into future leaders.
Digital Literacy: In today's digital age, familiarity with the latest technology, software, and digital tools is a must.
By developing these skills, Egyptian applicants can increase their employability in the eyes of foreign employers.
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees in Egypt, and the number of online visitors from Egypt.