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India - Egypt Business and Cultural Council

Egypt, in North Africa, is known for its ancient civilization and landmarks like the pyramids and the Sphinx. It's bordered by Libya, Sudan, Israel, and the Mediterranean Sea. Cairo is the capital; Arabic is the official language.

Ambassador and Consul General

The Commercial Counselor of Embassy of The Arab Republic Of Egypt, Mr. Khaled Melad Rezek And Minister Plenipotentiary Mr. Ahmed Ibrahim Aly have accepted the Honorary Membership of Global India Business Forum, in the presence of Global President Dr. Jitendra Joshi, Global Coordinator Deepali Gadkari. Realizing the strengths of Global India Business Forum and the Consulate of The Arab Republic Of Egypt and conscious of the benefits to be derived by both organizations and its members through this mutual understanding, both parties will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.

Petroleum Gas, Nitrogenous Fertilizers, Refined Petroleum, Crude Petroleum and Gold

Refined Petroleum, Wheat, Crude Petroleum, Petroleum Gas, and Packaged Medicaments

About Egypt

Egypt is a country in northeastern Africa, famed for its ancient civilization and monumental heritage. It is bordered by the Mediterranean Sea to the north, the Red Sea to the east, Libya to the west, and Sudan to the south. The capital is Cairo, a bustling metropolis on the Nile River, which is central to Egypt’s geography and culture.
Egypt’s history spans millennia, with notable achievements including the construction of the Pyramids of Giza, the Sphinx, and numerous temples and tombs. It was a major center of ancient culture and learning, with its civilization dating back to around 3100 BCE. The country was later ruled by Greeks, Romans, and Arabs, with Islam becoming a predominant influence in the 7th century.
Modern Egypt is a semi-presidential republic. It has a diverse economy with major sectors including tourism, agriculture, and oil. The Nile Delta is a crucial agricultural region, while the Suez Canal is a key global shipping route.

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Business Opportunities in Egypt

The Travel and Tourism industry is one of the major contributors of the economy of Egypt. The country has numerous attractions that are hugely popular across the world and one of them is also listed as one of the ‘Seven Wonders of the World’: The Pyramid of Giza. Apart from these iconic pyramids, there is the river Nile which is the longest river in the world. There are numerous attractions set on the banks of the world-famous river like Valley of the Kings and Karnak Temple in Luxor which also has the largest open-air museum in the world. Then there is the White Desert as well, which, as the name suggests, is a white sand desert which looks like a snow-laden piece of land. All of these tourist spots can attract quite a good amount of investment and business opportunities for other countries who want to invest in the country’s tourism sector. Egypt has the 6th largest proven oil reserves in Africa. Hence, the country is also rich in oil and is also a member of the Organisation of Arab Petroleum Exporting Countries. Hence, this country has good potential to generate investment opportunities for other countries.

Exports and Imports In Egypt

Overview In 2022, Egypt was the number 31 economy in the world in terms of GDP (current US$), the number 59 in total exports, the number 44 in total imports, the number 117 economy in terms of GDP per capita (current US$) and the number 69 most complex economy according to the Economic Complexity Index (ECI).

Top Exports of Egypt

The top exports of Egypt are Petroleum Gas ($9.53B), Nitrogenous Fertilizers ($3.37B), Refined Petroleum ($2.88B), Crude Petroleum ($2.85B), and Gold ($1.73B), exporting mostly to Turkey ($4.23B), Italy ($3.32B), United States of America ($3.21B), Spain ($3B), and India ($2.57B).

Top Imports of Egypt

The top imports of Egypt are Refined Petroleum ($6.33B), Wheat ($4.82B), Crude Petroleum ($3.87B), Petroleum Gas ($2.39B), and Packaged Medicaments ($2.27B), importing mostly from China ($16.7B), United States of America ($6.61B), Saudi Arabia ($6.44B), United Arab Emirates ($5.53B), and Turkey ($4.71B).