|Home :: Trade Leads By Country : Egypt|
Welcome to the country of the pyramids that are stationed on the strong foundation of this beautiful country. The country of the river Nile that is a wonder to most as the meandering river takes you to a different world together far from all your tensions and worries. So come to discover this beautiful country and experience the best of the Egyptian culture and tradition in its totality. The Nile river splits into the Rosetta and Damietta branches, Cairo is the capital city of the country. One of the largest and oldest cities on earth, it has been under Greek, Roman, Turkish, Libyan, French and British domination in the past. The Egyptians are very much known fro their warm hospitality that they display to all their people whether insiders or outsiders. Its been a part from Biblical times when the Holy family from Bethlehem came looking for a room. Legend has it that the Holy Family had stayed in Cairo during their flight to Egypt.To the Egyptians, Cairo is known as Misr, meaning 'capital' illustrating the importance of Cairo to its country .
Business and Economy
Economic front in Egypt is not at all up to the mark for various reasons and the FDI flow in this is very less due to this reason. Lack of substantial progress on economic reform since the mid 1990s has limited foreign direct investment in Egypt and kept annual GDP growth in the range of 2-3 percent in 2001-03.Privatisation has been a complete no no and the government officials pursue these initiatives cautiously and gradually to avoid a public backlash over potential inflation or layoffs associated with the reforms. There has been a lot of borroeing from other countries too and this has led to the countrys balance of payments to be in a deficit condition that will take some time to recover and be on the tracks.There is a high amount of unemployment and it will be some time When Egypt recovers from this.
Textiles, food processing, tourism, chemicals, hydrocarbons, construction, cement, metals.
Agriculture - products
Cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats
The major cities of Egypt that are worth visiting and noticing are Cairo, Suez, Mahalla al-Kubra Tanta ,Mansurah,Assyut, Zagazig.Ismailia,Fayoum,Damanhur,Minya,Sohag,Beni Suef,Luxor,Al Arish
Population: 54.8 million
Growth rate: 1.8 %
Fertility rate: 4.1
IMR: 57/1000 births
Total area: 1,001,450 km²
Water: 6,000 km²
Density: 72 per km²
Border: 2,665 km (Palestine 11 km, Israel 266 km, Sudan 1,273 km, Libya 1,115 km).
Coastline: 2,450 km
Highest point: Mount Catherine 2,629 m
Arable land: 2.9%