Back to the complete issue
Monday, 9 July 2018

Cairo ranked cheapest in Middle East for expats: Mercer report

Cairo is the least expensive city in the Middle East for expats, according to an annual cost of living survey by HR consulting firm Mercer. The nation’s capital was ranked 188 out of 211 global cities ranked on this year’s report, up just one place from last year. Cairo was cheaper than Almaty, but more expensive than Botswana’s Gaborone and Islamabad in Pakistan. The findings are based on the comparative cost of over 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment. The region’s most expensive city is not Dubai (#26 globally, according to Mercer), but Tel Aviv at 16. Also expensive regionally are Abu Dhabi (40 and Riyadh (45). The three most expensive global cities for expats, Mercer says, are Hong Kong, Tokyo and Zurich. The landing page for the survey is here. Cairo was also named as the cheapest big city in the UBS Global Cities Ranking 2018, falling to the bottom of the 77 cities named in the report.

Cairo’s cost-competitiveness is starting to get notice: Broadcaster OSN plans to relocate its Dubai-based call center operations to Egypt and Jordan in 3Q2018, OSN CEO Martin Stewart told the National. The move will significantly cut down on OSN’s operational costs by hiring locally, “but [with] the same quality of service,” according to Stewart.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.