Under the patronage of His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior of Qatar

Retail Opportunities in Egypt

Egypt remains a sizeable market for retailers and FMCG manufacturers. East Cairo continues to be the main focus for new retail developments. The creation of the New Administrative Capital (among the new cities to be created) has provided a stimulus for developers to expand their existing or planned projects or announce new brands to accommodate the growing consumer demand in the country. In 2021, Egypt is considered the third-best country in terms of warehousing and retail growth making it the fastest growing country in the MENA region. 
The country's wholesale and retail trade sector represented about 14.5 percent of the gross domestic product (GDP) during the 2019/2020 fiscal year, totaling to LE 850 billion.

The official retail trade area in Egypt reaches 3 million square meters, represented by commercial centers, wholesale markets, logistical areas, retail stores, and stores. In the same context,  the volume of e-commerce, according to the latest statistics issued by the Federation of Egyptian Banks in 2020, amounted to $ 3.6 billion in 2018 and has now reached approximately $ 4.8 billion in 2021.

Searching for retail solutions? Here is why you should visit Nextmove:

  • Find new placemaking strategies to compete with e-commerce business and find out more about location, size and formats of stores which fit your requirements
  • Visiting Nextmove will provide you with an intense and invaluable opportunity to discuss and learn about the next ideas and trends that retail must embrace allowing you to bring back a new outlook and fresh ideas to your organisation.
  • Explore  the latest investment opportunities in Egypt

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