Egypt - Fast Facts

By: EconomyWatch   Date: 30 June 2010

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Egypt is a lower middle-income economies coming under Middle East and North African region as to the classification made by the World Bank on the basis of income and region for the year 2006.

The country has stepped forward towards a market friendly economy in the recent years and has attracted more foreign direct investment. The economy performance is stable in the country and is enjoying continuous economic growth.

Major agricultural products of the country are cotton, rice, corn, wheat, beans, fruits, and vegetables. Important industries are tourism, textile, food processing and cement. In the recent years the country has attracted more exports earnings from the exports of cotton, rice, mineral products, and textiles.

Egypt Economy

 


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