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You can profit from the current economic conditions by purchasing distressed property at discounts ranging from 67% - 72.5%. IPIN's SES strategy enables you to achieve a 25% annualised return with zero risk to capital.
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Facts About Egypt
It is important to know the basics of the country you plan to invest in, before purchasing property there. Below, we have gathered some facts about Egypt for potential investors.
Research and Facts about Egypt
Essential information for anyone thinking of purchasing property in Egypt from CIA World Factbook:
Location:
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North Africa, between Libya and the Gaza Strip, the Red Sea north of Sudan and including the Asian Sinai Peninsula
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Area:
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1,001,450 km2
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Land:
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995,450 km2
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water:
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6,000 km2
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Land Boundaries:
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2,665 km
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Border Countries:
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Gaza Strip 11 km, Israel 266 km, Libya 1,115 km, Sudan 1,273 km
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Coastline:
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2,450 km
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Climate:
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Desert; hot, dry summers and moderate winters
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Terrain:
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Vast desert plateau interrupted by Nile Valley and Delta
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Geography:
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Controls Sinai Peninsula, only land bridge between Africa and remainder of Eastern Hemisphere; controls Suez Canal, a sea link between Indian Ocean and Mediterranean Sea; size, and juxtaposition to Israel, establish its major role in Middle Eastern geopolitics; dependence on upstream neighbors; dominance of Nile basin issues; prone to influxes of refugees
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Population:
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78,887,007 (July 2006 est.)
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Age Structure:
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0-14 years: 32.6% (male 13,172,641/female 12,548,346)
15-64 years: 62.9% (male 25,102,754/female 24,519,698)
65 years and over: 4.5% (male 1,510,280/female 2,033,288) (2006 est.)
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Average Age:
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Total:
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24 years
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Male:
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23.6 years
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Female:
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24.3 years (2006 est.)
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Ethnic Groups:
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Egyptian 98%, Berber, Nubian, Bedouin, and Beja 1%, Greek, Armenian, other European (primarily Italian and French) 1%
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Religions:
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Muslim (mostly Sunni) 90%, Coptic 9%, other Christian 1%
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General
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Languages:
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Arabic (official), English and French widely understood by educated classes
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Government
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Type:
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Republic
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Capital:
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Cairo
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Economy
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Currency:
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Egyptian Pound
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GDP Growth Rate:
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4.9% (2005 est.)
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Labour Occupations:
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agriculture: 32%
industry: 17%
services: 51% (2001 est.)
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Unemployment Rate:
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9.5% (2005 est.)
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Inflation Rate:
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4.9% (2005 est.)
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Agriculture Produce:
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cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats
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Transportation
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Railways:
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total: 5,063 km
standard gauge: 5,063 km 1.435-m gauge (62 km electrified) (2005)
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Roads:
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total: 64,000 km
paved: 49,984 km
unpaved: 14,016 km (1999)
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Airports (paved):
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total: 72
over 3,047 m: 13
2,438 to 3,047 m: 38
1,524 to 2,437 m: 16
under 914 m: 5 (2006)
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Ports & Harbours:
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Alexandria, Damietta, El Dekheila, Port Said, Suez, Zeit
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Communications
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Mains Telephones:
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10,396,100 (2005)
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Mobile Telephones:
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14,045,134 (2005)
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Television Stations:
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98 (September 1995)
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Internet Users:
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5 million (2005)
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Country Internet Code:
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.eg
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You may also be interested in the following:
| Tags: |
Africa, Alexandria, Cairo, Central Intelligence Agency, Damietta, Egypt, El Dekheila, Gaza Strip, Indian Ocean, Indian Ocean, Internet Code, Internet Users, Israel, Libya, Mediterranean Sea, Nile Valley, North Africa, Red Sea, Sinai Peninsula, Sudan, Suez, Suez Canal
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