On February 1, 2024, a team of INTRCON experts took part in a round table on the topic “The Middle East Crisis. Risks and opportunities for business and trading activities”, organized by the International Committee of the Bashkir regional branch of the public organization “OPORA RUSSIA” together with the INTRCON team.
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As you already know, in the Middle East region, starting from October 2023, experts and analysts have been actively predicting a global crisis related to security and economics. Let’s try together to understand this crisis, its trends and development, risks and opportunities for business.
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Egypt’s oil and gas sector is one of the most dynamically developing sectors of the economy, accounting for about 24% of the country’s GDP in 2019–2020. The growth rate of the oil refining sector over the same period amounted to 25% of Egypt’s GDP, which is the highest among other sectors of the Egyptian economy.
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The challenges of the food crisis, climate change and rapid population growth in the Middle East and Africa are creating demand for efficient agriculture, paving the way for new agritech startups in the Region.
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We are often asked questions about what budgets might be required to open an office or branch of a company in Egypt and what costs should be taken into account when budgeting. We have prepared for you a brief overview of the costs that you need to consider in order to open an office in Egypt and provide accommodation for your employee.
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In the Middle East, agriculture is of high importance, because due to the geographical and climatic features of the region, there is an acute shortage of water and the need for agricultural production. The special attitude of the government of the countries of the Middle East to the agricultural sector is expressed in the active support of various innovative technologies in the field of agriculture, irrigation, water reuse and other things.
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