Egypt It Study
A
GLOBAL / COUNTRY STUDY AND REPORT
ON
“”
Submitted to
(Sigma Institute of Engineering – MBA Programme)
IN PARTIAL FULFILLMENT OF THE
REQUIREMENT OF THE AWARD FOR THE DEGREE OF
MASTER OF BUSINESS ASMINISTRATION
In
Gujarat Technological University
UNDER THE GUIDANCE OF
Faculty Guide
Ms. Unnati Modi
Submitted by
Patel Dhaivat (117750592031)
Khatri Nikhil(117750592032)
Patel Nishit(117750592033)
Dudhat Prashant(117750592034)
[Batch : 2011-13]
MBA SEMESTER III/IV
(Sigma Institute of Engineering)
MBA PROGRAMME
Affiliated to Gujarat Technological University
Ahmedabad
June, 2013
Chapter 1
ECONOMIC OVERVIEW
Of EGYPT
1.1 India – Egypt Relations
Egypt urged India to develop a strategic partnership between the two countries with a view to boost bilateral trade and investments covering important fields like ICT, energy and industry.
The visiting Egyptian President, Mohammed Hosny Mubarak while addressing industry conclave organized by three leading apex bodies – FICCI, CII and Assocham – in New Delhi on Monday said: "We have all what it takes to give a renewed momentum to our strategic partnership and all what it takes to bring our trade and investments to new horizons, especially in the important fields of ICT, energy and industry."
He said that trade between India and Egypt had tripled in the last 4 years reaching about $3.5 million in 2007. "We have managed to diversify our trade to cover a wide range of goods and I am sure there is room for further expansion", he said adding that Indian direct investments in Egypt stood at around $800 million in more than 200 Egyptian companies.
"The potential is for these investments to reach $2 billion in the coming few years.
Such Indian investments cover a wide range of areas in industry, services, ICT, construction, financing, agriculture, oil and gas as well as tourism", the Egyptian President said.
He emphasized that Egypt had witnessed a remarkable economic transformation process. "The
GLOBAL / COUNTRY STUDY AND REPORT
ON
“”
Submitted to
(Sigma Institute of Engineering – MBA Programme)
IN PARTIAL FULFILLMENT OF THE
REQUIREMENT OF THE AWARD FOR THE DEGREE OF
MASTER OF BUSINESS ASMINISTRATION
In
Gujarat Technological University
UNDER THE GUIDANCE OF
Faculty Guide
Ms. Unnati Modi
Submitted by
Patel Dhaivat (117750592031)
Khatri Nikhil(117750592032)
Patel Nishit(117750592033)
Dudhat Prashant(117750592034)
[Batch : 2011-13]
MBA SEMESTER III/IV
(Sigma Institute of Engineering)
MBA PROGRAMME
Affiliated to Gujarat Technological University
Ahmedabad
June, 2013
Chapter 1
ECONOMIC OVERVIEW
Of EGYPT
1.1 India – Egypt Relations
Egypt urged India to develop a strategic partnership between the two countries with a view to boost bilateral trade and investments covering important fields like ICT, energy and industry.
The visiting Egyptian President, Mohammed Hosny Mubarak while addressing industry conclave organized by three leading apex bodies – FICCI, CII and Assocham – in New Delhi on Monday said: "We have all what it takes to give a renewed momentum to our strategic partnership and all what it takes to bring our trade and investments to new horizons, especially in the important fields of ICT, energy and industry."
He said that trade between India and Egypt had tripled in the last 4 years reaching about $3.5 million in 2007. "We have managed to diversify our trade to cover a wide range of goods and I am sure there is room for further expansion", he said adding that Indian direct investments in Egypt stood at around $800 million in more than 200 Egyptian companies.
"The potential is for these investments to reach $2 billion in the coming few years.
Such Indian investments cover a wide range of areas in industry, services, ICT, construction, financing, agriculture, oil and gas as well as tourism", the Egyptian President said.
He emphasized that Egypt had witnessed a remarkable economic transformation process. "The