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June 20, 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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