In January 2011, anti-government protests aimed at forcing President Hosni Mubarak to resign, caused riots and a political crisis across Egypt and the Middle East. Lack of economic progress, high unemployment rates, and young people’s zeal for more opportunities and an escape from poverty, sent thousands of protestors into the major cities of Egypt to demonstrate their anger. As a result, an Egyptian Revolution has begun and is having a wide economic and political impact on local business and global trade, and has propagated various economic and political risks in Egypt, the entire Middle East/North Africa region and to some extent, the rest of the world.
TABLE OF CONTENTS
Introduction
1 Impact on Local Business
1.1 Local Tourism
1.2 Local Property Market
1.3 Automotive Industry
1.4 Banking and Local Business
1.5 Industrial Sector
1.6 Unemployment and Economic Risk
2 Global Impact on business and Industries
2.1 The Suez Canal and Oil
2.2 Global Food Trade
2.3 Cotton
2.4 Tourism
2.5 Corporate Responsibilty on a Global Scale
3 Political Influences which may affect Businesses
3.1 Lack of Socialism
3.2 Short Term Political Impact
3.3 Medium Term Political Impact
3.4 Long Term Political Impact
4 Impact on Shareholder Value and Wealth of the Most
Affected Companies
4.1 Egyptian Stock Market
4.2 International Stock Market
4.3 Impact on Large Companies
Conclusion
REFERENCES
- Citar trabajo
- Renee Stah (Autor), 2011, The effect on international business of the problems in Egypt and the Middle East, Múnich, GRIN Verlag, https://www.grin.com/document/274917
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