Entlaq report states Egypt's entrepreneurial sector contributes 7% to foreign investments, ranks 2nd in MENA, and requires growth-boosting policies.

Cairo-based think tank Entlaq reveals the entrepreneurial sector contributes 7% to Egypt's foreign investments, providing 50,000 direct jobs and 250,000 indirect jobs in H1 2024. Egypt ranks 2nd in the MENA region for entrepreneurship, up from 6th in 2023. The report highlights the need for policies to boost growth and economic revenues, recommending initiatives like educational hubs, fintech regulations, and venture capital investments.

August 26, 2024
15 Articles