Ambassade de l' Egypte en Belgique
Food processing and tourism are also important industries, and navigation transit fees from the Suez Canal are another important source of foreign exchange. The country's rail and road networks are largely found along the Mediterranean coast and in the Nile valley. The principal exports are crude and refined petroleum, cotton, textiles, metal products, and chemicals. Leading imports include machinery and equipment, foodstuffs, chemicals, wood products, fuels, and consumer goods. The chief trade partners are the United States, Italy, Germany, France, and Saudi Arabia. Since the 1970s billions of dollars in economic aid have poured into Egypt from the United States, Arab neighbors, and European nations. However, the country's inefficient state-run industries, its bloated public sector, and its large military investments resulted in inflation, unemployment, a severe trade deficit, and heavy public debt. A series of economic and fiscal reforms undertaken in the 1990s, with support from the International Monetary Fund, appear to be having a positive effect on the country's overall economy.
- Independence Date: 28 February 1922 (from UK)
- Capital: Cairo
- TLD: eg , Phone Code: +20