What is best business in Egypt?

Question

What is best business in Egypt?

Answer 1

how about a serious answer?

There are 3 sectors that have been growing at phoenomenal rates during the past few years;

1- Retail - both at the consumer good level and clothing. Hyper markets opening every where. Careefour, Spinneys. Hyper 1 etc and you need a single visit to city stars to see the explosion in clothing retail stores. Retail clothing industry was almost nonexistent till last year, when import ban on ready made garments was finally removed.

2- Food - cafes and restaurants every where and all charging a lot of money and enjoy great margins. They buy a can of coke for 50pt and sell it for L.E 5 etc

3- Telecommunications - mobinil, vodafone and the new operator that paid 16bn for the license. There are also the street phone cabins and telecom egypt, all doing great and making millions if not billions.

Answer 2

Well that depends. Are you thinking of starting a new business or one that is already established? Shoe stores and mobile phones supplies are definitely available every 50 meters. Handbags and women's accessories are also everywhere you look. There is no shortage of accountants in Egypt either. If you were in downtown Cairo and wanted to buy a tractor, there is even a business for that. So if you want to start a business in Egypt I would definitely steer clear of retail. Maybe you could come up with a business plan that would offer Egyptians something they really need - HOPE.

Answer 3

any business in Egypt is the best if u know how to use it to gain money

Answer 4

Two businesses, either opening a Car Rental store or an Internet Coffee Shop. But what is more important than any business is its reputation ! People must know you and your business very well...the more people know and respect your business, the more you'll profit from it...Good Luck

Answer 5

Kim-this is a favorable sign which you be responsive to that your loss of craftsmanship of Arabic could desire to ward off you in beginning a employer. beginning a employer everywhere in the international calls for loads of workplace work and contracts and this is significant which you be waiting to examine them by utilising your self or you may get tricked or land up signing something you do no longer understand and would not have signed in case you had understood it. such various foreigners come to Egypt thinking they could commence a employer without speaking a observe of Arabic or analyzing any the two and maximum get burned, by utilising their very own conceited theory that this is not any longer significant because of the fact such various Egyptians communicate English. in case you're searching for a activity in Hurghada from foreign places, you have gotten undertaking as maximum hiring occurs right here in Egypt in individual.you will discover it plenty extra basic to discover a activity on the spot as quickly as you progression there so i would not sense pissed off yet if I have been you. Getting a activity in the beginning up is extra suited than beginning your very own employer at modern. on a similar time as the pay could be low in a activity, you will study how issues artwork in a employer right here till now having to run one in all your very own. awareness of Arabic will additionally help develop your activity potentialities because of the fact whether you artwork with American and British shoppers you will could desire to handle Egyptians besides. My suggestion could be so you might commence getting to understand Arabic, and fantastically Egyptian Arabic, as quickly as achieveable even till now you pass and telephone different expats living in Hurghada who provide you with some perspective from people who've been there, performed that. stable success along with your flow!

Answer 6

doing business as the market need.
u can open a public restaurants (foul we ta3meya ).. belive me its really really worthful ..and u can open supermarket ..
anything related to food i think it is gonna success..wz out doubt.
also u open GYM..but this is for certain level of ppl in Egypt
and it depends where u Will open this gym
finally all depends on your budget ...
and what u want to do and b4 all that
u have to do feasibility study for ur project.
good luck

Answer 7

Taxi driver because Egypt is the most populated Arab country

Answer 8

A reputable tour guide.

Answer 9

minding your own.
or try the alabaster. or papyrus.
seem to be sprouting up everywhere, or how about a souk and sell the same rubbish as everybody else. or the tour guide that's a good one to get money from the tourist take them to the alabaster and papyrus shops then around the souk.
loads a money

Answer 10

The monkey business.