https://www.youtube.com/watch?v=JdRfoWJTMVI
1. In this video, we will be talking about Egypt as an investment destination, the pros and cons of investing in Egypt and the most lucrative sectors for investment in Egypt.
2. Nevertheless, foreign direct investment in the country is still largely directed to natural resources.
3. The UK is by far the largest investor in Egypt, followed by Belgium, USA and UAE.
4. Foreign direct investment is concentrated in the oil and gas industry around three quarters oftotal investments, followed by real estate, manufacturing, financial services and construction.
5. The dynamic growth of the Egyptian economy, its strategic geographical position, low labour costs, skilled workforce, unique tourist potential, substantial energy reserves, large domestic market and the success of the reforms undertaken by the authorities including many privatisations contributed to drive up foreign direct investment's.
6. The country ranked 114th out 190 countries in the 2020 Doing Business report of the World Bank, gaining six spots compared to 2019.If you are new to Big Man Business YouTube Channel, please subscribe and turn on the notification bell for more business expert videos.
7. Egyptian oil, gas and petrochemical industries are widely regarded as having the most potential right now in Egpyt, but there are also a few additional areas where it's worth thinking seriously about investing.
8. Making investments in Egypt is a very good idea and it's increasingly the new go-to investment location of the future.
9. From its location to its resources and future growth expectations, Egypt has a ton of investment potential.
10. Egypt As An Outsourcing LocationEgypt is quickly positioning itself as a leading outsourcing location in the global market.
11. Now is a great time to invest in Egypt.
12. Generally, food is an excellent business domain.
13. Therefore, the cultivation of rice can be an ideal idea to start a business and a fruitful source of profits.
14. Being a POS agent will be a lucrative business you should look out for in 2021 if you are considering migrating to Egypt and starting a small scale business.
15. Tutoring is an excellent small business in Egypt to make money.
16. As a photographer, you can work as a fine artist, wedding and event photographer, or sell your photos to commercial clients.
17. Online Store OwnerYou can make lots of money owning an online store.
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