Egypt – country profile

Egypt – Arab Republic of Egypt is a North Africa country covering an area of 1 million square kilometers, bordered by the Mediterranean Sea (north), the Gaza Strip and Israel (northeast), the Red Sea (east), Sudan (south) and Libya (west). One of the most populous countries in Africa and the Middle East, Egypt has a population of 76 million, a half living in urban areas.

Egypt is one of the most developed economies in the Middle East, with developed sectors of tourism, agriculture, industry and service . Several factors contributed to rapid development of the Egyptian economy – legislation aimed at attracting investments, political stability, trade and market liberalization.

Why Egypt – Advantages of Investing and Doing Business in Egypt

• Egypt has an abundant, competitive labour force.
• Politically stable country
• Low cost of living and maintenance costs
• English is widely spoken, after Arabic
• Country with diversified sources of income
• Sufficient foreign-exchange reserves and moderate foreign debt
• Strategic location
• Structural reforms
• New natural gas reserves
• Important recipient of foreign direct investment
• International profile has improved
• Low property prices
• Rich in cultural, natural and historical locations

Key Risks of Investing and Doing Business in Egypt

• More reforms needed for building a more dynamic private and financial sector
• High unemployment
• Limited capacity for infrastructure development
• Tourism sector remains vulnerable to the terrorist risks

Egypt Business and General Information – Top 3 Resources

• Egypt Ministry of Investments – Egypt Investment Portal – Investors Guide, Doing Business in Egypt, Information Center, Links, Press Releases, Newsletters and more
• Egypt on Wikipedia – Geography, History, Identity, Politics, Economy, Demographics, Media, Religion, Culture, Military and more
• Egypt on The Doing Business project – Starting a Business, Dealing with Construction Permits, Employing Workers, Registering Property, Getting Credit, Protecting Investors, Paying Taxes, Trading Across Borders, Enforcing Contracts, Closing a Business and more

Egypt Investment Information and Opportunities – Top 3 Resources

• Invest in Egypt on ANIMA Investment Network – How to invest in Egypt, Finance & banking system, Telecom & internet, Business opportunities & territorial marketing, Success story, Useful links and resources about Egypt and more

Egypt Real Estate for Sale – Top 3 Resources

• www.realestateegypt.net – REAL ESTATE EGYPT – PART OF THE WORLDS LARGEST REAL ESTATE WEBSITES NETWORK
• www.e-dar.com – Egypt’s Real Estate Directory – Real Estate Egypt
• www.egypthome.com -Egypt Home – Buy / Sell Homes and Property in Egypt