• Egypt


    Egypt is bordered by the Mediterranean Sea, between Libya and the Gaza Strip and the Red Sea north of Sudan. It is bisected by the highly fertile Nile valley, where most economic activity takes place. Between 2004 and 2008, Cairo pursued business climate reforms to attract foreign investment and facilitate growth. The uncertain political, security, and policy environment since 2011 has caused economic growth to slow significantly, hurting tourism, manufacturing and other sectors.

    Name Arab Republic of Egypt

    Capital Cairo

    Frequency of elections Every four years

    Name of parliament The Parliament of Egypt

    Languages Arabic, English and French

    Area 1 001 450 km2

    Population 86 895 099 (July 2014 est)

    Imports Machinery and equipment, foodstuffs, chemicals, wood products, fuels

    Exports Crude oil and petroleum products, cotton, textiles, metal products, chemicals, processed food

    Currency Egyptian pound

    Source: CIA World Factbook
    Image: Greatstock/Corbis