Despite ranking in the top 30 largest countries with its 1 million square kilometers of land, Egypt is a country that is notorious for its geographic ‘distribution.’ 99 percent of Egypt’s population utilizes only 5 percent of the total land area but nearly 100 percent of its aquatic resources as a result of the predominantly barren ecosystem. The lifeline of some 90 million human beings, the river Nile is the focal point of urban planning, an incredible 6,695 km gift of sustenance for Egypt and three other countries, making it the longest, and arguably most vital, river in the world.
The Nile enters Egypt a few kilometers north of a Sudanese town, through a narrow canyon that traverses sandstone and granite cliffs. The northward flowing direction of the river has thus earned Egypt’s southern border the name Upper Egypt. Within this stretch of the Nile is the world’s most intensive concentration of temples, tombs and palaces constructed over the span of 4,000 years.
Much like the Nile, the Red Sea coast, a once microcosm of the world that hosted sailors from far away lands, has also become a pivotal part of the country. Turquoise waves break against rocky capes and windswept beaches in the foreground of an endless mountain range, a much needed escape for the people of Cairo.
The Most Important Economic Sectors to Be Promoted in Egypt are:
- Industry
- Agriculture
- Construction
- Transport and Logistics
- Communications and Information Technology
- Education
- Healthcare e
Tourism.
Investment climate in Egypt:
The investment climate in Egypt, especially in recent years, has witnessed legislative and institutional reforms aimed at facilitating and simplifying procedures for investors, contributing to achieving positive results in the field of company formation in terms of time, cost and number. procedures necessary to carry out the activity.