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Egypt is
located
in the
center
of the
Middle
East,
and is
considered
as the
trading
hub
between
the
Middle
East,
Africa
and the
rest of
the
world,
Geography,
population,
history,
military
strength,
and
diplomatic
... |
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The implementation of the
free market system in Egypt
few years ago created a
dynamic economic
environment. It has acquired
many foreign direct
investm-ents, franchises ... |
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Egypt is located in the center of the Middle East, and is considered as the trading hub between the Middle East, Africa and the rest of the world, Geography, population, history, military strength, and diplomatic expertise give Egypt extensive political and economic influence in the Middle East. Cairo has been always the crossroad of Arab-African and international commerce and culture. |
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With more than 80 million inhabitants, Egypt's population is the largest in the Arab world, and is generally young, with 35 percent below age 14 and just 4 percent older than 65. Today, Egypt is primarily a free-market economy with some state control. The economy's main exports are crude oil and petroleum products, cotton, textiles, metal products, and chemicals. Agriculture today accounts for 17 percent of GDP, industry for another 32 percent, while the services sector provides 51 percent, thanks to the growing population, the country has one of the highest overall purchasing powers. |
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Country Fact Sheet – Egypt: |
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Population (July 2007 est.): 80,335,036 |
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Annual growth rate
(2007 est.): 1.72% |
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GDP (2007 est.):
$118-120 billion |
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Annual growth rate
(2007 est.): 7.2% |
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Per capita GDP
(2007 est.): $5,400 |
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No. of new
established companies in 2007: 5958 companies |
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The Foreign Direct
Investments to Egypt in 2007: 11.1 billion
compared to US$, 2.1 in 2004 |
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30% of the total FDI to Africa |
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Private Investments
in Egypt increased by 40% in the year 2007 |
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1148 companies
expanded their business in 2007 |
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The most developed
sectors are Industrial and ICT sectors |
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Egypt Map (Click the map to Enlarge) |
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