The Importance And Roles Of Doing Business In Egypt

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INTRODUCTION: INSERT TITLE HERE Our growing company has found opportunities in the foreign marketplace, and plans to expand operations to Egypt; which is located at the northern tip of Africa, and also connects to the Middle East. The location of Egypt, as well as the population of over 85 million people, will present many business opportunities (Doing Business in Egypt 2). Because English is not the official language of Egypt, and the customs and values also differ, this report was created to provide information to questions such as:
• What are basic social customs in Egypt?
• How do political and religious attitudes affect the work environment?
• What is the perception towards Americans?
This material will be available for all employees
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Egyptians like to work with experienced and business-titled people. They prefer to work with people they know and trust; so it is crucial to take the time to build a relationship with future business partners. Networking is essential; in Egypt, “who you know is more important than what you know” …show more content…
The Importance and Effects of Politics in Business. Type here dangit!
II B. Main Religious Beliefs and the Influence in Daily Life Religion is a way of life for most Egyptians, in fact, 94% of the population is Islamic or also known as Muslims. The Islamic belief is that the prophet Mohammed is a messenger of God. Their religious text is known as the Qur’an. This is similar to Jesus and the Bible in Christian’s beliefs (“Egypt”). Religion is also an important part of daily life in Egypt. Muslims will stop to pray five times throughout the day and even their local newspapers publish these daily prayer times (“Egypt”). Egyptians have holidays in which businesses close, much like those in America. Friday is special to Muslims because it is considered their holy day and all businesses are closed (“Egypt”). One month a year, a month-long religious celebration takes place. This is called the month of Ramadan and Muslims are required to fast during daylight hours. People who do not observe the Islamic religion must respect the fasting by eating and drinking only in private. During the month of Ramadan, business hours become more flexible as nightly celebrations take place

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