Business Corruption in Egypt
Corruption is an obstacle for businesses in Egypt. Bribery, embezzlement, tampering with official documents and extortion are among the forms of corruption encountered. A culture of nepotism and favouritism has tainted Egypt’s economy and its investment climate. A poor legal framework and a widespread culture of corruption leave businesses reliant on strong connections and the use of middlemen, known as wasta, to operate, and well-connected businesses enjoy privileged treatment. Egypt’s Penal Code criminalises several forms of corruption such as active and passive bribery and abuse of office, but existing legislation is unevenly enforced, leading government officials to act with impunity. Facilitation payments are an established part of 'getting things done', despite irregular payments and gifts being criminalised.
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