Doing Business in Egypt

Doing Business in Egypt is increasing with the passing of time. However, businessmen need a thorough research regarding how the market entrants run their smooth business activities in Egypt. There are certain laws, regulations and formalities that should be followed for the sustenance of a successful business in the country.

While planning a business meeting in Egypt, the advanced arrangements should be done a few weeks ago.

While Doing Business in Egypt, it should also be kept in mind that the worst season for business in Egypt is during the Ramadan and the last couple of days of the Hajj season. Generally on Fridays, very few people of Egypt work.

Moreover, while attending business meets in Egypt for the first time, a person should never dive straight into the commercial discussion, since this is considered to be a sign of disrespect in Egypt.

First, discuss informal issues in order to know the person and give him chance to talk about the business.

Another significant characteristic of Egyptian business meetings is the combination of business and personal attitudes. So, do not be upset if someone walks into a meeting room and starts chatting.

It is always advisable to remain calm and patient to get the full attention of your counterpart.