Egypt: e-commerce sales on the rise in Egypt despite the coronavirus pandemic – Cabinet

The Cabinet’s Decision Support and Information Center (IDSC) pointed out that e-commerce sales in Egypt had increased remarkably despite the outbreak of the Covid 19 pandemic, given the large participation of large companies on the e-commerce market in Egypt.

This came in IDSC’s “Global Trends” series, a non-recurring series aimed at shedding light on some of the developments and issues facing the world.

Among the series is a report on the future of global supply chains. The report focused on a group of elements that have affected global supply chains, including the outbreak of the Covid 19 pandemic.

The report includes opinions and trends regarding supply chains and how global chains can survive multiple disruptions.

The report was referring to sectors that have been severely affected by the pandemic, including automotive and industrial companies.

According to the report, Egypt is seeking to optimize its good relations with European countries to strengthen its manufacturing sector, predicting that Egypt will lead the prospects for economic growth in North Africa during the coming period.

The report shed light on the International Monetary Fund (IMF) which expected Egypt to be one of the best performing economies in the world in 2020 with economic growth of 3.5%.