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May 10, 2023

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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 ?

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