Family Businesses:
A large and Growing Force in Egypt's Economy,
Some Perspectives on Going Public.
Family Businesses Landscape in Egypt
50-60% Of Egyptian Companies are family owned
Family businesses contribute to almost
80% Of Egypt's gross national income
Family businesses constitute to about
75% Of the private sector's activity
Family businesses employ approximately
70% Of the labor force
Family businesses in Egypt are facing a succession problem, whereby only 30% of businesses continue after the death of their founders, while only 3% of businesses continue until the fourth and fifth generations.
How Egypt's key sectors are fueled by family-owned businesses ?