Executive Summary
Egypt today can be a viable market for the foreign investor, especially the investor who has the ability to see the rewards of in investing in the region for the long haul. The world and Egypt both realize that the region is the gateway to the Middle East. Egypt is leading the way for Arabic countries to embrace a new way of doing business and opening their borders to the ‘global village’ concept.
Size of Market
The Arab Republic of Egypt is located in Northern Africa and borders Libya, Sudan and the Gaza Strip, as well as the Mediterranean and Red Seas. Less than one-tenth of Egypt is settled. Egypt’s population of 68 million lives mostly in the Nile valley and Delta. The Western Desert Highway and the Delta Road connect Egypt’s two largest cities, Alexandria and Cairo.
Egypt is three times the size of New Mexico and is a desert climate with long dry, hot summers and short moderate winters. This region is also known for severe droughts, flash floods and sandstorms. Prime agricultural land is being lost to urban sprawl along the delta. With the completion of the Aswan High Dam in 1971 and the development of Lake Nasser soil salination and the changing ecology along the Nile is an ever-present problem. A rapidly growing population will continue to stress the resources.
Egypt is the largest Arab county by population with 68 million people. Arabic is the common language with 94% of the population being Muslim and the other 6% being Coptic Christian. Islam is the state religion and the Egyptian Pound is the official currency.
Socio-Cultural Acceptance Of Product
The socio-cultural acceptance of a product in this region can be achieved if the company has a broad knowledge of the Islamic people. A businessperson must take the time to learn the culture, develop an appreciation for the Islamic faith and Egypt’s long and rich culture.
The Egyptian people view business as a personal transaction, not simply an exchange of money. One must embrace their culture in order to succeed in this marketplace. A businessperson cannot simply walk into a meeting, shake hands and expect to immediately discuss the business at hand. One has to be pleasant and willing to get to know their customer; which many times include their family members.
All private business leaders and most high-level government officials have a good command of English. Therefore a fore...
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... important in their daily life. When doing business in Egypt, be prepared to play it in the Egyptian tradition, or you may waste your time. A few foreign firms come to Egypt and give up after a short stay. But most foreign companies, once established with a base here, find the Egyptian market a worthwhile and profitable place to do business.
To create a business opportunity for an American consumer product in Egypt would be extremely challenging. A better approach would be to invest in an existing, established company to assist in the humanitarian aspects for the region. A company searching to make short-term profits should not invest in the Egyptian economy; Egypt is a developing country that will take years of nurturing to be a truly thriving marketplace.
Bibliography
It's a people problem . . . Business Today (Egypt), 09-09-1998
Lois Beck, Feminists, Islam and Nation: Gender and the Making of Modern Egypt, 1997
Gehad Auda, Political-Military Relations in Egypt, 1990
P. J. Vatikiotis, The History of Modern Egypt (1991)
Egypt, Encyclopedia Americana Online Grolier, Inc. http://go.grolier.com, 2001
Egypt, Microsoft Encarta Online Encyclopedia, 2001 http://encarta.msn.com, 2001
Lynch touches on the fact that as by-product of poor foreign policy and diplomatic efforts in the Middle East, the United States have come to be viewed as more of an obstacle of sorts rather than a “peacekeeper” or “global police force” that is undoubtedly their true intent. However, Lynch does not choose to focus on this, but rather relate it back to the lack of understanding of happenings within the Middle East. Lynch touches on the concept that Americans (most specifically on the American side) and Arabs cannot hope to peacefully co-exist if United States forces and politicians do not learn to more readily accept, engage, listen, and learn from newly appointed leaders and their people and to think anything less is by very nature, stupidity. In the conclusion of his work, Lynch questions why political scientists have found it necessary to rely on outdated theories, rather than developing new ones to deal with current problems and issues along with those that are still to come. In doing so, the United States as well as others outside of the Arab sphere would be able to understand what is going on rather than relying on essentially intuition to figure it out and react in a more calculated, understanding manner. Lynch’s time spent as an advisor to the Obama administration aiding and assisting in their understanding of the Arab Spring, wealth of blogging, and firsthand experiences in the Middle East initiates a conveyance of the idea that he approaches his subject matter and builds his perspective from more than a simple bystander positioning, but rather one of an expert or position of importance to the President. Whereas to an extent, one of his main sources, Twitter, helped to create a vast part of his research and understanding of the
Egypt is an interesting country to learn about. Sure, you probably already a little bit about ancient Egypt. You have probably already heard that they have snakes, there are pyramids, and it is located on the Nile River but my question is what else do you know? Do you know anything about their government, religion, and about the pharaoh’s role? Well, if you don’t you are about to find out.
Agriculture- farming in Egypt was completely depended on the Nile River. If you were to go a couple miles farther away from the Nile River you would see nothing but bone dry desert so the Nile was very important to the Egyptians. Flooding season lasted from June to September, depositing a layer of silt beside the river. After the flooding season was over growing season lasted from October to February Egypt had very little rain fall so farmers made canals and ditches to the field.
Egypt is located in North Africa, it is along the Mediterranean Sea. The Nile river, which runs through the center of Egypt, acts as a great water source. It’s floods create fertile soil for farming. Egypt was divided into two an upper and a Lower Egypt based on the flow of the river. Upper Egypt was in the south. It was called Upper Egypt because the Nile flowed upstream. Lower Egypt was in the north, it held the Nile delta.
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Ancient Egypt is considered to be one of the most significant eras in history, due to its lengthy existence and its overwhelming contributions to the development of western civilization. You could say that Egypt provided the building blocks for Greek and Roman culture, and through them, influenced all of Western tradition. Today Egyptian imagery, concepts, and perspectives are found everywhere; you will find them in architectural forms, on money, and in our day to day lives. We are able to distinguish various elements of its culture that played a key role in its development, such as agriculture, architecture, religion, and government to name a few. Egypt 's impact on later cultures was and still is immense.
After middle school, my next goal was to become the star at my high schools basketball team. Unfortunately when I arrived the talent was much greater than it was in high school. There were kids in my grade who were dunking and at the time, and I could barely touch the net. Undaunted by the task I participated in a scrimmage with the Varsity team. The first time I got the ball I was open, so I shot the ball and missed the shot. I still kept my head up and after missing my first three shot attempts I decided that it was not my night so I tried to have a positive impact on
The life of ancient Egypt is not as complex as you may think, but there are still many extremely fascinating stories that you may not have know before. The Egyptians were pioneers in a vast amount of areas, like socialization and political forms. They were more into the luxuries in life than many other Empires, yet, still maintained the unification aspect as a nation. They were very privileged in many ways, and this is what set them apart from all the other nations. This book makes a clear significant expression of the Egyptians and how great and prosperous they really were.
Child abuse can present itself in various forms throughout the country, however the one major defining part of child abuse it that cannot be stopped or cured with medication, exercise, or nutrition. Unlike typical medical conditions, child abuse is passed through learned behaviors and can have effects on family members, friends, employees. According to the Child Help Foundation, child abuse is defined “when a parent or caregiver, whether through action or failing to act, causes injury, death, emotional harm or risk of serious harm to a child...including neglect, physical abuse, sexual abuse, exploitation and emotional abuse” (“The Issue of Child Abuse”, 2016). Child abuse has detrimental effects on a person’s later life as an adult, including depression, anxiety, substance abuse, and obesity. This is a public health problem because these factors can be passed down through genetics; for example, children who have obese parents are more likely to be obese themselves. Noted by Woolf, injuries such as child abuse can lead to poor self-control, limited social skills, lack of perseverance, resilience, and antisocial behavior (Woolf 2013). Abused children grow up no longer in the
Ancient Egypt was a very important time in our time period. They had their own way of life. Egyptians had their own writing, burials, government, religion, cooking, and games. They were educated people with many talents. They were good with their hands and brains. Ancient Egyptians were a magnificent race of people.
The problem was, that I was not particularly coordinated. I had trouble shooting and even sometimes making a layup. I played from my 3rd grade year all the way up till my 6th grade year in the recreational league, where I, understandably, did not receive much playing time. That next summer, going into my 7th grade year, I worked so hard to improve. I shot hundreds of shots a day on my shaggy little basketball hoop, that was mounted very loosely. I dribbled everywhere I went, I never wanted to stop. I knew that if I was going to make the A team, the middle school equivalent to the varsity team, that I needed to make layups at a consistent rate, so, at least in my 12 year old mind, I performed thousands, possibly even millions of layups a day. I felt good going into my first day of 7th grade basketball practice. And I was right to feel that way because I made the A team as the first guard, or small player, off of the bench. My 8th grade year, however, my coach felt I was best as the starting point guard for the B team. On this B team, I was a star, I was the best scorer, defender, and passer. It felt good to play a lot, but I still wanted to be up with the best of the best
...trong groups loyal to former regimes. By clearly manipulating the US benevolent actions and the overall disappointment that usually comes shortly after revolutions because of unrealized expectations (the Arab Spring did not lead to major overhaul of the system in economic and social terms), they could remobilize support for them and regain power. Yet these debatable points could be somehow justified due to the limitations of his work only being the introduction to the book. Ultimately, even the author himself admitted that the research on the Arab Spring was still inconclusive and might require years to truly experience all of its influences (Pollack 2011, p. 01).
...rading was a very special need in ancient Egypt. The Nile was the source of transportation for the people and trading from different countries. “Permission to trade on a significant scale in Egypt and certainly abroad came from the administration” (“Egyptian Social Structure”, 2013).
The article talks about a female executive who had visited a conservative Muslim country. She had trouble interacting with male business partners as they come from cultures where women do not often engage in high-level trades. The men refused to shake her hand, which made her, feel disrespected and confused. The author suggests that female businesspeople from liberal countries such as those in the West need to learn that every country has its norm pertaining the roles of men and women. Age is also important in cross-cultural businesses where older people are considered wise. Body language and communication style are also different depending on the culture where in some place direct speaking may be regarded as disrespectful or even rude while in others steady eye contact is considered as a means to build trust. The female business person also has to recognize the signals that she is sending to her corporate partners. She should be wary of offending her business partners of all sexes as the female may judge their fellow women more harshly than how a man would. The woman also has to determine if the signals that she is receiving are cultural norms or sexism. Therefore, the important factors in intercultural businesses are learning the culture of the other person in advance to know how to
Metz, H. C. (1990). Egypt: A Country Study. (Washington: GPO for the Library of Congress, Ed.) Retrieved from Country Studies: http://countrystudies.us/egypt/15.htm