EGYPT
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About Egypt
Page Last Updated: 04/06/2026
Egypt, a pivotal hub in North Africa and the Middle East, presents a wealth of business opportunities due to its diverse economy and strategic position. If your company intends to expand into Egypt but needs guidance on local laws, customs, or employment procedures, Africa HR Solutions is here to help. We offer comprehensive outsourcing support to facilitate a seamless and compliant expansion, ensuring timely payment of your employees in any currency.
Population: 107.79 M
Gross Domestic Product (GDP): $4.36 B
GDP Growth: 6.5%
Inflation: 32.5%
Foreign Direct Investment (% of GDP): 2.39%
Unemployment Rate: 6.90%
Capital: Cairo
Currency: Egyptian Pound (EGP)
Languages: Arabic
Egypt Payroll at a Glance
Currency
Egyptian Pound (EGP)
Income Tax
0%-25%
Employer Taxes
18.75%
Employee Contribution
11%
Fiscal Year
1 July - 30 June
Date Format
dd/mm/yyyy
Interesting Facts About Egypt
- The official language is Arabic. English and French are also widely understood and used, especially in business and education.
- Egypt has a mixed economy with agriculture, industry, and services sectors. Key industries include tourism, textiles, food processing, chemicals, pharmaceuticals, hydrocarbons, and construction.
- Egypt has a desert climate with hot, dry summers and mild winters. Rainfall is minimal and occurs mainly in the winter months.
- Egypt is known for its ancient civilisation and some of the world’s most famous monuments, including the Pyramids of Giza, the Sphinx, and the temples of Luxor and Karnak.
- Egypt has several UNESCO World Heritage Sites, including Ancient Thebes with its Necropolis, Historic Cairo, and the Nubian Monuments from Abu Simbel to Philae.
Public Holidays in Egypt
- Coptic Christmas
- Revolution Day
- Coptic Easter Sunday
- Sham El Nessim
- Sinai Liberation Day
- Labour Day
- End of Ramadan
- Revolution Day
- Revolution Day
- Eid Al Adha
- El Hijra
- Armed Forces
- Al-Mouled Al-Nabawy

While the content presented on this webpage is accurate as of the time of publication, it is imperative to recognise that the content is provided solely for informational purposes and does not constitute legal and/or tax advice. To obtain the most current and precise guidance, it is essential to verify specific details related to employment or compliance with our experts or consult your own legal and/or tax advisor(s). Africa HR Solutions Ltd. explicitly does not offer legal or tax advice. The information provided is general in nature, not tailored to a specific company or workforce, and does not reflect the service delivery of Africa HR Solutions in any given jurisdiction. Africa HR Solutions makes no representations or warranties regarding the accuracy, completeness, or timeliness of this information and disclaims any liability arising out of or in connection with it, including any loss resulting from the use of or reliance on the information.
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