Egyptian Economy Overview: Major Economic SectorsReal Estate/ Construction SectorThe government has ambitious plans to transform the country’s infrastructure.Raw material costs are falling due to the global economic downturn. Despite the crisis OCI reported a net profit rise of 230% y-o-y for 2008.About 25% of the building materials used in Egypt are imported, with 75% produced locally “either by domesticmanufacturers or as a result of co-operation with a foreign company under license of JV.Information Technology sector: Huge potential in domestic market, with a population of 80 Mio and low computer penetration. Government programmes, such as newly expanded “PC for every home” and “Notebooks for business” Relatively constructive economic outlook, Government drive to make Egypt an outsourcing center. E-Government services are increasingly providedTelecommunication sector:Presence of significant international investors, Orange, Etisalat Misr and Vodafone in the mobile Sector.Mobile market still has potential to grow, with a penetration rate of just under 57% at end-2008, penetration rates alsoreflect registered rather than active user base.Acquisition of 3G licenses by all three mobile operators.

Egyptian Economy Overview: Major Economic SectorsAuto sector:Strong domestic production industry: 65% of units sold are Egyptian built.Foreign investment continuous to flow into the industry.Trade tariff reform between Egypt and the EU will open the market for more overseas manufacturers and expandexport opportunities for domestic passenger.Nissan, BMW and Toyota are increasing their presence in the country.Textile sector:Good international reputation of Egyptian Cotton,Attempts to privities government-controlled spinning and weaving enterprises may provide opportunities to attractnew investment.Tourism sector:Planned growth in accommodation capacity and increasing hotel privatization offer significant opportunities forhotel management companiesThe sector is benefiting from a growing trend among Arab tourists.Development of new tourism products such as eco-tourism, health tourism and conference tourism.Agriculture sector:With a population of 80 Mio and growing, Egypt represents one of the largest markets in the region.Egypt’s agricultural market contribute roughly 15 % to GDP, while employing almost a third of the population.Currently only 3.5% of Egypt’s landmass, centered mostly around the nile delta, qualifies as agricultural sector

Business Environment – important indicatorsIndicator Egypt MENA OECDDealing with Construction Permits 156Procedures (number) 25 19 15Time (days) 218 159 157Cost (% of income per capita) 332 358 56Getting Credit 71Strength of legal rights index (0-10) 3 3 7Depth of credit information index (0-6) 6 3 5Public registry coverage (% of adults) 3 5 9Private bureau coverage (% of adults) 8 11 60Trading Across Borders 29Export Documents (number) 6 6 4Time to export (days) 14 23 11Cost to export (US$ per container) 737 1,035 1,090Import Documents to (number) 6 7 5Time to import (days) 15 26 11Cost to import (US$ per container) 823 1,222 1,146

Egypt & Turkey – Growing SynergyFavorable Political and businessCooperation•The Free Trade Agreement signedon December 27, 2005•As a result, around 140 Turkishfirms (working in various sectors)have opened in Egypt with totalinvestment of USD 500 Mio.•Two Turkish Industrial Zones areunder construction. (one in 6th ofOctober 2 Mio m2, another one in10th of Ramadan City 2 Mio m2).Almost 200 Turkish companies areexpected to operate in thoseIndustrial Zones.What Attracts Turkish Investors to EgyptEgypt is one of the largest signatories ofbilateral trade, investment and double taxationtreaties• Advancement of Turkish companies in terms oftechnology and managerial knowledge,,• Egypt is a main gate to penetrate othereconomic zones, due to its geographical• QIZ’s (Qualified Industrial Zone) export toUSA with no quotas and custom duty• Lower operating cost (cheaper Labour cost,Energy cost,)BNP Egypt and TEB’s• Implementation of the Turkish desk in BNPEgypt in 2007.•Attracting 40 very active corporate accounts andaccompanying them in the start up phase•Volumes started with USD 3 Mio in 2007 toreach 21 Mio in 2008, mostly in Int’l LGs

Trade balance reflects the growth in favor of TurkeyEgypt Exports to Turkey 2008 %IRON & STEEL 227,293,368 24.63%COPPER 89,529,959 9.70%Egyptian Export to TurkeyEgyptian Import from TurkeyTEXTILE 39,491,833 4.28%RICE 35,166,376 3.81%UREA (FERTILIZER) 33,839,819 3.67%COAL 23,159,067 2.51%COTTON 20,484,933 2.22%Exports to Turkey• Egypt has increasedits exports almost tothe double from the2006 to 2007 to reachUSD 624 Bio.• Exported goodsinclude: Raw oil,Coal, Cotton & Sandfor glass industry.Imports from Turkey• Egyptian importsrose to be USD 1.2bio in 2008.• Imported goodsinclude: ProductionTools, Steel, Rawmaterial, Tires,Pharmaceuticals,Spare PartsTurkey Exports to Egypt USD %STEEL 1,065,758,862 67.22%TEXTILE 78,415,748 4.95%AUTOMOTIVE 45,439,135 2.87%IRON 33,970,931 2.14%CEMENT 29,370,848 1.85%ELECTRICAL EQUIPMENTS 21,754,992 1.37%WOOD 17,434,427 1.10%


BNP Paribas in Egypt : Organic Growth…Egypt is a strategic market for the Group BNP Paribas SA (95.2%)2005 : capital was increased to EGP 500 Mio2007 : capital was increased to EGP 1,700 Mio•Continuously work on new partnerships with selected clients through our commitment, flexibility andresponsivenessWide offer of productsLocal and international approachBrainstorming with clients for tailor made solutions•Market leader in :Foreign ExchangeCash ManagementGlobal trade servicesCore bank of the main Large Local and multinational companies

BNP Paribas in Egypt : Growth Dynamics…5Département/entité

BNP PARIBAS In Egypt – 55 points of salesAlexandriaAlexandriaBab Shark Branch (TC)•Bab Shark Branch (TC)•Glym Branch•Glym Branch•Smouha Branch•Smouha Branch•Miami Branch •Miami Branch•Port Said BranchPort Said BranchMansoura BranchPort Said BranchMansoura BranchBorg El Arab BranchBorg El Arab BranchSuez BranchCairo Region• Garden City Branch (TC)• Kasr el Nil Branch• Dokki Branch• Heliopolis Branch• Nozha Branch• Maadi Branch• Mohandessin Branch• Nile City Branch• 10th Ramadan Branch• Marghani Branch• MTI Branch• Ghandi Branch• 3 services units• Sheraton Branch• Obur Branch• Nasr City Branch• Zamalek Branch• 6 th of October BranchHurghada BranchLuxor Branch

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