Family Businesses a Large & Growing Force in Egypt's Economy
Real Estate Sector is a significant contributor to Egypt's economy, accounting for around 20% of the country's GDP. The Forbes Middle East's Top 50 Listed Companies in Egypt 2022 included 6 Egyptian real estate developers, who were recognized as the most valuable and profitable players in the country. Interestingly, the top 3 companies on the list were all family-owned businesses, demonstrating the significant presence of family-owned companies in the real estate sector in Egypt.
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