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Business Customs I n Egypt. By: Sam Stilley 5 th Period 4/4/2011. Main Companies. Orascom Hotels & Resorts Delta textiles National Bank of Egypt Qarun Oil Company. Government Roles In Business.
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Business Customs In Egypt By: Sam Stilley 5th Period 4/4/2011
Main Companies • Orascom Hotels & Resorts • Delta textiles • National Bank of Egypt • Qarun Oil Company
Government Roles In Business • The government in Egypt regulates business trades and functions. The government does not control any businesses, but only regulates through them.
The Official Language • Arabic is the most common used language in business meetings. • If the guest does not speak any Arabic it is considered an insult towards to host of the event or meeting.
Work Schedules • The normal working hours for this country are the same just as in the U.S. • The hours are Monday-Friday 9A.M.- 5P.M.
Tips Before Going To Egypt • Be very clean • Well groomed • Do not discuss politics and religion • Business is very formal
Proper Titles • When consulting with a business man it is correct to address him as “Excellency” with as much formality as possible.
Business Gifts/Entertaining • Every meeting before any talk you should always start with greeting the person you are meeting with a gift. This is because back in the oldest days of Egypt a gift was the symbol for starting a meeting.
Proper Greetings • When meeting a business consultant in Egypt it is only right to greet males with a hand shake, and women with a verbal greeting.
Business Women In Egypt • There are gender differences as far as appropriate behavior. The men believe in not a lot of eye contact with the women, otherwise it is considered intimacy. It is also looked down upon to shake a woman's hand in the business world.
U.S. Customs V.S. Egypt • It is considered offensive in Egypt: to motion with hand gestures, to take your feet off the ground, and addressing someone by “Mr.”