Egypt Real Estate
Information about Egypt
Egypt officially the Arab Republic of Egypt, is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Western Asia. Covering an area of about 1,010,000 square kilometers (390,000 sq mi), Egypt is bordered by the Mediterranean Sea to the north, the Gaza Strip and Israel to the northeast, the Red Sea to the east, Sudan to the south and Libya to the west.
Egypt is one of the most populous countries in Africa and the M...iddle East. The great majority of its estimated 76 million live near the banks of the Nile River, in an area of about 40,000 square kilometers (15,000 sq mi), where the only arable agricultural land is found. The large areas of the Sahara Desert are sparsely inhabited. About half of Egypt's residents live in urban areas, with the majority spread across the densely-populated centres of greater Cairo, Alexandria and other major cities in the Nile Delta.
Egypt is famous for its ancient civilization and some of the world's most famous monuments, including the Giza pyramid complex and its Great Sphinx. The southern city of Luxor contains numerous ancient artifacts, such as the Karnak Temple and the Valley of the Kings. Egypt is widely regarded as an important political and cultural nation of the Middle East.
Egypt possesses one of the most developed economies in the Middle East, with sectors such as tourism, agriculture, industry and service at almost equal rates in national production. Consequently, the Egyptian economy is rapidly developing, due in part to legislation aimed at luring investments, coupled with both internal and political stability, along with recent trade and market liberalization.
Cairo is the capital of Egypt and the largest city in the Arab World.Nicknamed "The City of a Thousand Minarets" for its preponderance of Islamic architecture, Cairo has long been a center of the region's political and cultural life. Even before Cairo was established in the tenth century, the land composing the present-day city was the site of national capitals whose remnants remain visible in parts of Old Cairo. Cairo is also associated with Ancient Egypt due to its proximity to the Great Sphinx and the pyramids in nearby Giza. Cairo has the oldest and largest film and music industries in the Arab World, as well as the world's second-oldest institution of higher learning, al-Azhar University. Many international media, businesses, and organizations have regional headquarters in the city, and the Arab League has been based in Cairo for most of its existence. With a population of 6.8 million spread over 214 km2 (83 sq mi), Cairo is by far the largest city in Egypt as well as one of the most densely-populated cities in the world. With an additional ten million inhabitants just outside the city, Cairo resides at the center of the largest metropolitan area in Africa and the eleventh-largest urban area in the world. Cairo, like many large cities in developing countries, suffers from high levels of pollution and traffic, but its metro – currently the only on the African continent – also ranks among the fifteen busiest in the world, with over 700 million passenger rides annually.
Alexandria with a population of 4.1 million, is the second-largest city in Egypt, and is the country's largest seaport, serving about 80% of Egypt's imports and exports. Alexandria is also an important tourist resort. Alexandria extends about 32 km (20 mi) along the coast of the Mediterranean sea in north-central Egypt. It is home to the Bibliotheca Alexandrina (the new Library), and is an important industrial center because of its natural gas and oil pipelines from Suez, another city in Egypt. Alexandria was also an important trading post between Europe and Asia, because it profited from the easy overland connection between the Mediterranean Sea and the Red Sea. In ancient times, Alexandria was one of the most famous cities in the world. It was founded around a small pharaonic town c. 331 BC by Alexander the Great. It remained Egypt's capital for nearly a thousand years, until the Muslim conquest of Egypt in 641 AD when a new capital was founded at Fustat (Fustat was later absorbed into Cairo). Alexandria was known because of its lighthouse (Pharos), one of the Seven Wonders of the Ancient World; its library (the largest library in the ancient world); and the Catacombs of Kom el Shoqafa, one of the Seven Wonders of the Middle Ages. Ongoing maritime archaeology in the harbor of Alexandria, which began in 1994, is revealing details of Alexandria both before the arrival of Alexander, when a city named Rhacotis existed there, and during the Ptolemaic dynasty.
Giza or Gizah is a city in Egypt on the west bank of the Nile river, some 20 km southwest of central Cairo and now part of the greater Cairo metropolis. It is the capital of the Giza Governorate, and is located near the northeast border of this governorate in coordinates. It is located right on the banks of the River Nile. The city's population was 2,681,863 in the 2006 national census, while the governate had 6,272,571 at the same census. Its large population makes it the second largest suburb in the world, tied with Incheon, Korea and Quezon City, Philippines, second only to Yokohama, Japan. Giza is most famous as the location of the Giza Plateau: the site of some of the most impressive ancient monuments in the world, including a complex of ancient Egyptian royal mortuary and sacred structures, including the Great Sphinx, the Great Pyramid of Giza, and a number of other large pyramids and temples.
Shubra El-Kheima is the fourth largest city in Egypt. It is located at Al Qalyubiyah governerate. The city is located in the north of Greater Cairo and is part of its agglomeration, Greater Cairo. The city is known to be inhabitated by workers and their families who work in surrounding factories since the 1940s, but now it represents the great expansion of Greater Cairo to north and the big station of rural immigration, its population is around 3.5 millions persons or may be more.
Port Said is a northeastern Egyptian city near the Suez Canal, with an approximate population of 515,007. The economic base of Port Said is fishing and industries, like chemicals, processed food, and cigarettes. Port Said is also an important harbour both for exports of Egyptian products like cotton and rice, but also a fueling station for ships that pass through the Suez Canal. Port Said also thrives on being a duty-free port, as well as a summer resort for Egyptians. There are numerous old houses with grand balconies on all floors, giving the city a distinctive look. Port Said's twin city is Port Fouad, which lies on the eastern side of the canal. The two cities coexist, to the extent that there hardly is any town centre in Port Fouad. The cities are connected by free ferries running all through the day, and together they form a metropolitan area. The diocese of Port-Said for the Coptic Orthodox Church was founded in 1976 by his grace Bishop Tadros. In 1993, the late subdeacon Nosshy Attia Anbary wrote the history of the diocese in Arabic. In addition to its port, the city is served by Port Said Airport.
Egyptian pound (EGP)
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