Egypt

Egypt is one of the most populous countries in Africa and the Middle East. The great majority of its estimated 78.7 million[1] live near the banks of the Nile River, in an area of about 40,000 square kilometers (15,000 sq mi),[citation needed] 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 most 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. Its ancient ruins, such as those of Memphis, Thebes, Karnak and the Valley of the Kings, are a significant focus of archaeological study, and artefacts from these sites are now displayed in major museums around the world. Egypt is widely regarded as an important political and cultural nation of the Middle East.

Egypt possesses one of the most developed and diversified economies in the Middle East, with sectors such as tourism, agriculture, industry and service at almost equal rates in national production.[citation needed] 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.