OLX Egypt, the leading classified platform in the country, reveals the first detailed report throughout 2015 for the Egyptian market. Egypt is one of the biggest markets for OLX Arabia in Middle East and North Africa region. This extensive report sheds light on all the trends in the Autos, Jobs and Property sections on OLX within the Egyptian market – based on the huge number of data accumulated on the classified platforms, the report mirrors all these trends and shares them with the public as an indicator to drive transparency within the market. The reports show that ‘Hyundai’, ‘Hospitality’ and ‘Apartments For Sale in Fifth Settlement’, topped the Autos, Jobs and Property sections respectively in OLX Egypt in 2015.
- 92% of the visits on OLX Egypt were at the Arabic site
- Hyundai is the top listed car for sale by Egyptians on OLX in 2015, with 72,083 ads last year
- The hospitality industry offered the highest number of jobs on OLX Egypt, with 119,808 ads in 2015
- The Fifth Settlement area offered the highest number of apartments for sale on OLX Egypt, with 170,720 ads in 2015
Commenting on the results of the 2015 report, Abdallah Touqan, Senior Public Relations and Communications Lead at OLX MENA stated: “The report is a key indicator of how the Egyptians perceive OLX as a trust-worthy, free and easy method to find their dream car, their aspired job or relocate to a new home”.
Cars section on OLX Egypt in 2015:
OLX Egypt Auto section revealed the preferred cars in 2015. The top searched cars by the Egyptians on OLX Egypt were Hyundai, Fiat, KIA, VW and Mitsubishi. However, the car ads on the platforms reveal that Egyptians prefer Korean cars over other brands. The top 5 listed cars were the Korean “Hyundai” with (72,083) ads, followed by (64,784) ads for the Italian car “Fiat”, the Korean car “Kia” had (45,258) ads, the American Chevrolet with (37,147) and finally the Korean Daewoo with (29,581) ads. These insights are powerful indications on how the Egyptian market operates and they are a great help for people who are planning to sell or buy cars in the future to use OLX Egypt as a facilitator.
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Jobs section on OLX Egypt in 2015:
OLX Egypt revealed the top industries Egyptians searched for during the 365 days of 2015 were: sales, accounting, hospitality, secretarial and education. Hospitality recorded the highest vacancy ads with (119,808), followed by (49,315) ads in the sales industry, Accounting recorded (33,269) vacancy ads and marketing/public relations recorded (32,931) vacancy ads. Finally, the secretarial vacancies recorded (30,716) ads on OLX Egypt.
“The jobs section on OLX Egypt is a great place for all job seekers to look for their next career step, the report clearly shows which industries have the most opportunities for Egyptian talents and which skills are required in the market,” Touqan added.
Property section on OLX Egypt in 2015:
For the Property section on OLX Egypt, the results of 2015 present an overview on how the Egyptian market was operating during that period. In regards to the areas on demand in Egypt, Nasr city, Heliopolis and Maadi were the top searched areas on OLX Egypt platforms. On the other hand, the report shows the supply of apartments for rent last year and the results are: Nasr city ranked as the top area with (42,452) apartments available for rent via OLX Egypt, Fifth Settlement came in second with (39,139) ads followed by Mohandessin with (36,796) apartments for sale. Among the supply for apartment rentals, there were (212,913) 3-bedroom apartments, followed by (156,888) 2-bedroom apartments, and lastly (24,294) for 4-bedroom apartments for rent on OLX Egypt in 2015.
Furthermore, the top 3 areas on demand for apartments’ sale in Egypt were Nasr city, Fifth Settlement and 6th of October. In regards to the areas on supply for sale on OLX Egypt, Fifth Settlement recorded (170,720) ads, Nasr City (84,126) ads and 6th of October (76,134) ads. Amongst this supply for apartments for sale, (804,589) is the number of 3-bedroom apartments listed, (340,545) is the number of 2-bedroom apartments listed and (65,986) is the number of 4-bedroom apartments listed
“The property trends on OLX Egypt is one of the most important parts of this report, as it provides insights on how the real estate investment is doing within the Egyptian market. Providing transparency is what we pride ourselves with here at OLX Egypt, and such report gives a clear indication of the supply and demand in property locally and the direction which the Egyptian market is heading towards.” Touqan concluded.
Download the OLX Arabia app which is available for both iOS and Android or logon to the OLX website and start selling your unused or secondhand items in Egypt. It is free and with no commission and helps society members to get extra cash by selling items they no longer use them.
About OLX Egypt:
OLX is the world’s leading classifieds platform in growth markets and is available in more than 50 countries and over 50 languages. OLX connects local people to buy, sell or exchange used goods and services by making it fast, easy and free for anyone to post a listing through their mobile phone or on the web. Every month, hundreds of millions of people in local markets around the world are already using OLX’s online marketplace to find and sell a wide range of products, including furniture, musical instruments, sporting goods, cars, kids and baby items, motorcycles, cameras, mobile phones, property and much more. OLX operates in fast-growing markets around the globe, where OLX helps people improve their lives through smart person-to-person trade. OLX employs more than 1,200 committed employees world-wide located in places like Bangkok, Buenos Aires, Cape Town, Delhi, Jakarta, Lagos, Lisbon, Manila, Nairobi, Poznan, Rio de Janeiro and São Paulo.