The 5^th Portfolio Egypt 2021

Non-Banking Financial Sector

Growth under Pandemic Dominance

Over the last year, world economies have been hit by a grave crisis. Consequently, certain sectors, such as tourism, have declined rapidly while others, such as financial technology, have grown. Currently, markets are increasingly recovering. Hopefully, 2021 is the year of economic revival and pandemic fading.

As for the Egyptian economy, many assessment and research institutions have agreed that the local market is strong. Given the fact that the Egyptian economy has achieved positive growth rate in GDP, despite the impact of pandemic crisis, this would make Egypt a major destination that attracts investments returning from the war with Corona-virus pandemic consequences.   

Those who are interested in investment, merge and acquisition affairs know that there is a buoyant demand for making business in the Egyptian market to take advantage of the current decline in value due to the impact of Corona-virus pandemic crisis. Meanwhile, new players of venture capitalists, who were not among the investors of local market previously, are forthcoming. 

As a result, several activities of the non-banking financial sector were effectively able to move and grow under pandemic crisis. In return, other sectors have severely suffered while some activities maintained their regular growth rates despite Corona-virus pandemic crisis.

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