Just Released: "Egypt Food & Drink Report Q3 2013"
Despite a short-term weakness, we continue to view Egypt as one of our favourite Middle East and Africa (MEA) markets from the point of view of longer-term opportunities in the food and drink industries,¬ as well as with regard to mass grocery retail. Its large and expanding population will provide a suitable aspirational consumer base for both volume increases and value-based premiumisation. However, we do reiterate that the gloomy shorter-term economic outlook poses downside risks to our forecasts.
View full press release