Livelihood Reports Al Amrikeya Area - Final Assessment | Page 150

Figure 54: Diagram showing the percentage of shops that buy their ingredients from outside the AAA The MSME stakeholders of the AAA are ana- lysed according to their influence and interest in relation to the current commercial activity. a) Egyptian Shop Keepers/Owners Egyptian shopkeepers and owners account for around 60 to 70% of businesses. Their interest in the AAA increased after 2012 when it showed signs of booming with the arrival of Syrian entrepreneurs. In the area adjacent to the University, they focus on students’ educational supplies and services such as printing, plotting and photocopying services, dentistry and pharmacy supplies and offering food, meeting and entertain- ment space in cafes, restaurants and gaming parlors. The general drawback is their low regard for environment and hygiene. b) Syrian Shop Keepers/Owners Since 2012, AAA witnessed a growing in- flux of Syrian family businesses that have become the main point of attraction for its customers. Cooperation and solidari- ty bonds Syrian business owners based on their common origin, culture and plight as immigrants. They possess - or have access to - large personal funds that they have used to bid for good locations (shops and offices) and have pushed up real estate prices and shop rents (from EGP1000 in 2012 up to EGP 8,000 in 2016), as it will be described in de- tail in the following section. It was cited that they started an unwelcome practice of of- fering key-money for shop rental that could go up to EGP 1 million, and that they pay large amounts of money to ward off distur- bances and threats (from all sources: thugs, local police or local authorities). The majority of Syrians opened food busi- ness and cafes, mostly compliant with health and safety regulations, offering Syri- an specialties that Egyptians are fond of and introducing dishes that are new to Egyptian clients yet have grown to be liked and de- manded. They target all client segments: families, singles, university students, house- wives and mothers, competing on the basis of their reputation for quality, cleanliness and hygiene. Apart from the food sector, they tend to concentrate on apparel and garment accessories, perfumes and scents, and mobile accessories. The most renowned 2.4 | Socio-Economic Analysis | 92