Tourism, agriculture, industry, and services sectors each account for almost equally in the country's domestic production. Political situation in Egypt is under control and the financial corruption within the companies has been minimized.
Geography and politics of Egypt
Egypt is one of the northeastern countries of Africa. It borders Libya to the west and Sudan to the south. Egypt is bordered by the Mediterranean Sea to the north, Israel by land on the Sinai Peninsula, and Palestine on the Gaza Strip. The north of Egypt generally has a pleasant climate due to its proximity to the Mediterranean Sea.
The social security rate in Egypt is also estimated at 40.00 percent, although this rate has been stable from previous years until today. The strange traditions and superstitions that are seen among the people in Egypt are increasing day by day and are part of their culture. Most people follow the culture of living in Egypt ethnically, and when the great person of a nation considers what the conditions are in the culture of Egypt, the people must be able to take these principles seriously.
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Egyptian economy and financial resources and income
Egypt's economic situation grew by 0.26% in 2020. The country has a gross domestic product of $ 332.90 billion. About 28 million people are working in this country, and of course, the participation rate has increased. Estimates show that Egypt's GDP is estimated at more than 32% in the agricultural sector. Egypt produces 688,100 barrels of oil per day.
Of course, the financial and income sources in this country are seriously pursued and the state of economic growth in this country is evaluated at constant values. In this country in general, the government has tried to adopt modern mechanisms. The Egyptian economy is being seriously pursued in the export sector, and the amount of exports in this country has changed periodically, although the domestic economic values in this country have also improved.
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- Egypt Natural Stones Market
- Egypt Minerals Market
- Egypt Petroleum Market
- Egypt Gemstones Market
- Egypt Construction Materials Market
- Egypt Chemicals Market
- Egypt Metals Market
- Egypt Petrochemicals Market
- Egypt Real estates Market
- Egypt Food Market
- Egypt Crops Market
- Egypt art and craft Market
The type of government and political structure of Egypt
The country has a gross domestic product of $ 332.90 billion. About 28 million people are working in this country, and of course, the participation rate has increased. Estimates show that Egypt's GDP is estimated at more than 32% in the agricultural sector. Egypt produces 688,100 barrels of oil per day.
In Egypt, there is an advisory council known as Al-Shura. The parliament has 264 members, of whom 174 are elected by popular vote and 88 are elected by the president. In general, there are many political movements in Egypt, each with its conditions.
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Global ranking in all areas of Egypt
Egypt ranks very high in the welfare services sector in the city so that the government has tried to pursue the transportation and urbanization system with a certain value.
Remittances in this country are generally estimated at 7%. Tourism revenue in this country is estimated at 12.5 percent. The situation of crude oil production in this country is estimated at 9 bbl and the terrorism index in this country is 7.35%, although the trade balances in Egypt can be examined based on economic data. The Egyptian pound has risen 0.23 percent.
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The capital and nine major cities of Egypt
Cairo is the capital of Egypt and it is the largest city in this country and a large population in this city is engaged in agriculture and livelihood in Cairo is often done through agriculture, of course, Cairo is one of the best immigrant cities in Egypt.
Paralleling the formal economy, Cairo also has an immense informal economy, made up of hundreds of thousands of small and micro-enterprises. The informal sector absorbs over half of the city’s labour force and informal employment is expanding at a faster rate than formal employment. Also, as estimated in the recent work of Lima’s Institute for Liberty and Democracy, informal investment in residential real estate in Greater Cairo is valued at over US$ 36 billion, representing 39 per cent of the city’s total
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Population and companies in Egypt
The corporate tax rate in Egypt has generally been around 25 percent, a situation that is seen for the personal income tax rate in Egypt at first was 22.50 percent, which today is seen at 34.00 percent. The sales tax rate in this country in previous years was 10 percent, which today is reported at 14 percent. The rate of social security in Egypt is estimated at 40.00 percent, although this rate has been stable from previous years until today.
Countries and dependent regions of Egypt
Egypt has been under British occupation throughout history, and of course, it was able to liberate itself after a certain period.
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Exports to Egypt and the importance of trade with Egypt
Egypt for many reasons, including its large Muslim population, rich natural resources, large industrial factories, abundant foreign exchange earnings from the tourism industry, extensive commercial facilities, geographical location,
The combination of these facilities and capabilities can pave the way for economic cooperation and the expansion of the country's trade relations with Iran, but there is a deep gap between Iran's potential and realized trade capacities with Egypt.
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The culture and laws of the Egyptian people
Progress in Egypt in administrative and Economical sectors
One of the most important sectors that can be developed in Egypt is the sectors related to administrative policies, the status of administrative policies in this country includes the items that have assessed certain gains and losses. The political situation in Egypt is under control and the financial corruption within the companies has been minimized.
The capital of Egypt is Cairo and other important cities are Alexandria, Aswan, Giza, Fium, and Port Saeed. Egypt is the most populous country in the Middle East and the third most populous country in Africa. The Egyptian economy has one of the most diverse sources of income in the Middle East. Flax and clover are the two main export products of Egypt. Its major industries are cement, steel, wood, and food industries. Egypt is known as the world leader in the production and cultivation of dates.
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