Egypt Permanent Virtual Exhibition and Business Directory
Egypt's legendary Sphinx was named by the Greeks for a riddle-loving character from mythology, even though the massive sculpture was commissioned and built by Pharaoh Kefren.
Now that we've solved the riddle of the Sphinx for you, may we help you navigate the second-largest economy in the Arab world? Welcome to the most comprehensive Egypt business directory anywhere in the world or on the Internet, EgyptExpoOnline.com.
Following the invasion of Napoleon, Egypt was one of the first nations of the Middle East to open up to Europe and the West. Today, the Arab Republic of Egypt is home to 85 million people and occupies 1 million square kilometres.
Key Egyptian exports include chemicals, cotton, crude oil and petroleum products, metal products, processed food and textiles. Egypt companies are particularly strong in industries such as cement, construction, food processing, hydrocarbons, light manufactures and pharmaceuticals. Tourism is also an important driver of GDP, with visitors flocking to the Nile Valley from the world over to gaze upon the Great Pyramids of Giza.
The global fiscal crisis capped the growth of Egypt's GDP at 4.7% in 2009, with manufacturing, Suez Canal revenue and tourism hit hardest. This was offset, however, by growth in the construction, energy, retail trade, telecommunications and transportation sectors. Egypt is also a powerful regional media player: the Egyptian press is widely-read and quite influential throughout the Arab world, while the country's film and television industry provides content to much of the Arab-speaking world.
The Egyptian government has introduced a number of economic reforms and continues to invest in the country's communications systems and in its transportation infrastructure. This includes three separate stimulus packages, announced at the end of 2008, totalling $6.3 billion.
What's the perfect Egypt company for your investment? Solve the riddle here, EgyptExpoOnline.com.
Doing Business in Egypt
Egypt's economy improved dramatically in the 1990s as a result of several arrangements with the International Monetary Fund (IMF) and the move by several, mainly Arab, countries to relieve a large proportion of its debts. Read Full Article
Investing in Egypt
Established in 1903 and 1883 respectively, the Cairo and Alexandria exchanges showed no significant activity until the 1990s. In fact, the Egyptian capital market was underperforming until the passage of the Capital Markets Law that removed restrictions on foreign investment and introduced changes into primary and secondary markets, and the re-opening of the Cairo and Alexandria stock exchange in 1993. Read Full Article





