Mention Egypt and most people’s minds are filled with images of the River Nile, the Pyramids at Giza, hieroglyphics or perhaps, colourful Egyptian markets. Many will be surprised to learn that Egypt is a rapidly modernising nation with a booming economy, good transport links and a forward looking government, keen to attract inward investment. Furthermore, Egypt is also one of the fasting growing emerging markets on the international property investment scene.

Egypt's ancient past coupled with the fact that it was among the first countries in the area to embrace the West after Napoleon's invasion, has resulted in it being seen by many as the major intellectual and cultural leader in the region.

Geography

The largest centres of population in Egypt - and most agricultural activity - are concentrated on the banks of the River Nile and the rich farmland of the Nile delta. Deserts occupy much of the remainder of the country.

Economy

The Egyptian economy is the second largest in the Arab world after Saudi Arabia. Tourism is a major economic factor in Egypt’s economic success story. In recent years, Egypt property development has attracted major inward investment.

Ten fast facts:

1. Full title: Arab Republic of Egypt
2. Capital city: Cairo
3. Population: 75.5 million (UN, 2007)
4. Major language: Arabic
5. Monetary unit: 1 Egyptian Pound = 100 Piastres
6. Area: 1 million sq km (386,874 sq miles)
7. Major religions: Islam, Christianity
8. Life expectancy: 69 years (men), 74 years (women) (UN)
9. Main exports: Petroleum, petroleum products and cotton
10. International dialling code: +20

Politics

The current President, Hosni Mubarak has held power since 1981. During his tenure in office, the country has enjoyed relative political stability.

In recent years Egypt has undergone major political reforms, political advances that include allowing carefully vetted opposition parties and the introduction of democratic elections.