Egypt Business
• Main imports: Machinery and equipment, food, chemicals, wood products and fuels.
• Main exports: Crude oil, petroleum products, cotton, textiles and metal products.
• Main trade partners: USA, Italy, China, Spain and Syria.
Economy
Annual growth is currently 7% although inflation had crept back to a staggering 18% in the past few years. Unemployment stood at 8.7% in 2008.
The tourist sector is expanding rapidly, particularly along the Red Sea and Mediterranean coasts, despite sporadic terrorist activities of Islamic fundamentalists. Agriculture, which relies on irrigation from the Nile, employs one-third of the working population. Foreign aid, especially from the USA, is an important source of government funds.
Conferences & Conventions
Business Contacts
PO Box 4EG, 299 Oxford Street, London W1A 4EG, UK
Tel: (020) 7499 3100.
Website: www.theebcc.com
Federation of Egyptian Chambers of Commerce
4 El-Falaky Square, Bab El Lok, Cairo, Egypt
Tel: (2) 795 1835 or 795 6479
Cairo International Conference and Exhibition Centre
Nasr Road, Nasr City, Cairo, Egypt
Tel: (2) 2263 3222.
Website: www.cicc.egnet.net
Egyptian General Company for Tourism and Hotels (Information on Conferences/Conventions)
6th floor, 4 Latin America Street, Garden City, Cairo, Egypt
Tel: (2) 7925 5529 or 2795 7355.
Website: www.egoth.com.eg
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