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  Egypt
HOME >> COUNTRY REPORTS >> Egypt
egypt map
Official name Arab Republic of Egypt
Capital  Cairo
Population  80,335,036
Currency  Egyptian pound(EGP)
Official language   Arabic
GDP  $4,200
egypt lines

  STRENGTHS
  WEAKNESSES

Friendly nature of the Egyptian people, many of them speak some English.

Rich cultural and historical interest

Warm climate with year-round sunshine and average temperatures of between 14 and 30°C

With many economies showing signs of recovery, Egypt aims to attract 14 million tourists and bring in revenues of $11.5 billion in 2010.

Egyptian inflation jumps to 7.39% in January 2010

Unemployment has become a growing problem

Financial Crisis Impact continues to 2010

According to climate experts, a rise in sea levels could turn millions of Egyptians into environmental refugees by the end of the century

Big differences between the rich and the poor

Overpopulation has been a problem of the country for quite some time

Egypt with its breathtaking seas, beaches, monuments and all year round sunshine became the most desirable destination for tourists, property buyers and investors

Egypt today offers a solid economic climate in which to invest

Less property and real estate investment taxes than paid in the EU

Low cost of living and maintenance

Politically stable country


 

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