HERE YOU GO
This Score Card helps you to ask the right questions, when considering which offshore destination best suits your business.
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FACTS ABOUT CAIRO
Political peace and stability
Contrary to what some believe, there is political peace in Egypt. Since President Sisi was elected president in 2014, a number of reforms have been introduced, and both foreign investment and tourism have long been steadily increasing. Even though Egyptians drive like crazy, there are only a few accidents in traffic; It is primarily as a pedestrian that you have to walk carefully. As for terror, it is as safe to travel in Cairo as it is in European cities such as Paris and London.
Many candidates - low wage levels
In Egypt, wage levels are low because there are high levels of unemployment, rapid population growth and economic stagnation in the rest of the Middle East. Every year, 50,000 new IT candidates graduate in Cairo from the city's 27 universities, many of which are highly ranked on international lists, as well as another 130 educational institutions. The many highly educated Egyptians struggle to get the best jobs with the objective of personal development.
People in Cairo are used to tourists, speak good English and are open and understanding of European and American culture. Although the majority are Muslims, there is also a large proportion of Christians (15 percent), and the majority of Egyptians, like many Danes, have a pragmatic approach to religion. Many Egyptians and especially the well-educated have an open and international approach to life and a desire to develop and contribute with what they can.