Egypt - Professional Employer Organization (PEO)

Destination Cairo, the Egyptian capital city. A vibrant, cultured, exotic, historic and touristic town. Home to the iconic Pharaonic statues and pyramids, Egypt has all the attributes to attract travelers of the world. Apart from being a mythic place, Cairo is a modern city with theatres, cinemas, malls. Markets, restaurants and budget accommodations.

Currency

Egyptian Pound

Languages

The most widely spoken language in Egypt is the Egyptian Arabic. It is also the national language and spoken by more than 70 million people. English and French are also widely spoken and are used for business purposes.

Economy

The main economy in Egypt relies on agriculture, tourism and finance sectors. It is one of the only countries in Africa which does not depend on the oil and gas sectors. Egypt’s economic framework is one of the most developed assorted among the African and Middle East countries. According to the World Bank 2016, Egypt has made decisive steps towards human development. They have progressed rates for the last five years. Egypt’s economy is a dynamic system which has the ability to reduce poverty, create employment opportunities, and to maintain a social and political stability.

Interesting Fact about Egypt

The shape of ancient Egyptian pyramids is thought to have been inspired by the spreading rays of the sun.