In its Doing Business 2009 report, the World Bank named Egypt the - TopicsExpress



          

In its Doing Business 2009 report, the World Bank named Egypt the top reformer in the Middle East and one of the 10 top global reformers. Egypt was noted for its reforms in the business start-up arena, which include streamlining the construction permit and property registration processes, protecting investors and accessing credit. 2008 was the third year in a row that Egypt was named the top reformer in the Middle East. Egypt is the worlds sixth largest exporter of liquefied natural gas Egypts economy is expected to grow four percent in 2009, in the midst of the global recession Egypt has contributed 2,500 soldiers to the UN Mission in Darfur Cairo is home to Africas only subway Egypt plans to derive 20 percent of its electricity from renewable sources by 2020 The Egyptian Field Hospital at Bagram in Afghanistan treats more than 7,200 Afghan patients every month The Aswan High Dam generates enough electricity in one year to power one million televisions for 20 years In 2002, Egypt unveiled the New Bibliotheca Alexandrina near the spot where Alexandrias ancient library stood Egypt has produced four Nobel laureates, awarded prizes for peace, chemistry and literature Egypt contributes about 15% of the entire African Union budget Over 500 free press newspapers, journals and magazines are available in Egypt Through an agreement with Egypt, Iraq will export its gas to Europe through the Arab Gas Pipeline by 2010 Egypt is the only country brokering Palestinian unity talks between Hamas and Fatah Goods manufactured in Egypt with Israeli materials enter the U.S. duty free The largest U.S. military training exercises on foreign soil take place in Egypt Thirty female judges were appointed in Egypt in 2007 Egypt passed constitutional amendments in 2007 to strengthen its civil state and provide equal protection for all citizens. Egypt is home to 30 percent of the Arab worlds bloggers. Egypt trains African military officers in peacekeeping operations. Egypt was the first Muslim country to appoint a female marriage officer. More than 12 percent of the Egyptian Peoples Assembly will be female. Egypt has the largest and oldest Christian community in the Middle East. More than half of secondary students in Egypt are female. Egypt ranked first in North Africa and second in Africa in securing foreign direct investment. Egypt was one of the top ten best performing countries in the most recent Global Hunger Index. Egyptian President Hosni Mubarak is serving a two year term as co-president of the Union for the Mediterranean. The United States is Egypt’s largest trading partner. Egypt and Google are working together to increase the amount of Arabic content online. Egypt’s government has made deregulation and development of its telecommunications sector a priority. Egypt’s Free Internet Initiative provides all Egyptians with free access to the internet. Boutros Boutros Ghali leads Egypts independent National Council for Human Rights. Egypt was the first Arab state to sign a historic peace treaty with Israel. Cairo, Dallas and New York are sister cities. Tourism in Egypt more than doubled between 2001 and 2008. Egypt is the current champion of the Africa Cup of Nations. Egypt’s capital financial markets are becoming increasingly competitive. Egypt is the largest rice producer in the Middle East and North Africa. One quarter of all Arabs worldwide live in Egypt. Egypt is the center of movie and television production in the Arab world. Egypt boasts a highly skilled workforce, with 265,000 university graduates each year. Twenty percent of all Egyptian firms are owned by women. More than 30 of Africa’s Top 200 companies are based in Egypt. Establishing a new business in Egypt takes just 7 days. Egypt is working to protect coral reefs in the Red Sea. Egypt is home to the Arab League. Egypt was the first Arab country to have its own satellite. Egypt is home to the oldest American Chamber of Commerce in the Middle East. Apache Corporation is the largest U.S. investor in Egypt. Egypt is the 5th largest contributor to UN peacekeeping missions around the world. Egypt is working to promote cleaner air and produce alternative energy. GM Egypt is one of General Motors’ most profitable subsidiaries. The Egyptian economy beat estimates and grew 5.1 percent in 2009-10. More American students study in Egypt than in any other Arabic-speaking country. Egypt is restoring 11 ancient Jewish syngogues. Egypt is working to promote peace in Darfur and South Sudan. There are 21 national parks in Egypt. The Egyptian mobile phone market adds an average of one million new subscribers every month. Egypts constitutional amendments promote competition in elections. Egypt has been a critical member of the United Nations since its establishment in 1945. The National Council for Childhood & Motherhood was established as a government authority to oversee child development and protection. Egypt has a long and illustrious operatic tradition. Egypt hosted the Fourth Internet Governance Forum in Sharm el-Sheikh in November 2009. EgyptAir is Africa’s largest airline. The newly discovered tombs of artisans who built the Pyramids indicate that they were paid and respected. 5,000 Egyptian small businesses will benefit from $70 million in agriculture project grants. Egypt is home to seven World Heritage sites. Egypt’s IT sector has attracted over $8 billion in investments over the last three years Egypt’s GDP is expecting strong growth in the next two years. Egypt’s Coptic Museum houses thousands of icons, manuscripts and textiles. Egypt was the birthplace of the first feminist movement in the Arab world With over two million Egyptians using Facebook, Egypt has the most Facebook users in Africa. The Smart Village, a leading IT and high tech hub, is part of an initiative to create technology districts all over Egypt. Egypt’s Educational Initiative has equipped more than 2,000 schools with additional computers. Egypt is leading the call for a nuclear-free Middle East. The “1,000 Villages” initiative aims to develop the 1,000 poorest villages in Egypt. Cairo’s annual International Book Fair is one of the largest in the world. Egypt has embarked on an ambitious plan to create a “new” Nile Valley. The first recorded labor strike took place in Egypt. Nearly $9 billion will be invested in Egyptian transport projects over the next three years. Exports of Egyptian cotton increased 52 percent between 2007 and 2008, marking a new record. Alexandria is Egypts first smoke-free city. Egypt shares its farming expertise with its neighbors in an effort to eliminate African hunger. Egypt’s government is creating a modern health care safety net called “Health Insurance for All.” Egypt’s GDP is expected to grow 5.5 percent from 2010-2011. Education is free through university level in Egypt. Egypt’s new museum for antiquities will be built by fall 2012. Egypt’s anti-AIDS program is one of the most successful in the Middle East and Africa. A system of canals being built in Egypt will create 2.8 million new jobs and increase Egypt’s arable land area by 20 percent A new satellite launched in August 2010 will improve Egypts television broadcast and communications services. An investment by the Egyptian Navy will create 300 new jobs in egypt.
Posted on: Tue, 26 Aug 2014 10:12:57 +0000

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