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Egypt

Egypt is a significant oil producer and a rapidly growing gas producer. The Suez Canal and Sumed Pipeline are strategic routes for Persian Gulf oil shipments, making Egypt a focal point in world energy markets. The Egyptian economy has made remarkable progress in the 1990's under an IMF stabilization program.

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Capital: Cairo

Natural Resources: Petroleum, Natural Gas, Iron Ore, Phosphates, Talc, Lead, Zinc

Languages: Arabic (official), English and French widely understood

Area: 1,001,450 sq km

Population: 67,273,906 (July 1999)

GDP: $188 billion (1998)

GDP Per Capita: $2,850 (1998)

Exports: $5.5 billion (fob, 1998)

Imports: $16.7 billion (cif, 1998)

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