Egypt

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Coat of arms: is a golden eagle looking towards the viewer's left.

The «Eagle of Saladin» holds a scroll on which the name of the state appears in Arabic script, Gumhūriyyat Miṣr al-ʿArabiyyah («Arab Republic of Egypt»). The eagle carries on its breast a shield with the flag's colors — but with a vertical instead of a horizontal configuration. 

Flag: is a tricolour consisting of the three equal horizontal red, white, and black bands of the Egyptian revolutionary flag dating back to the 1952 Egyptian Revolution. The flag bears Egypt's national emblem, the Egyptian eagle of Saladin centered in the white band.

The red band symbolizes the Egyptians’ blood in the war against colonization. The white band symbolizes the purity of the Egyptian’s heart. The black band below the white, symbolizes the manner in which darkness is overcome.

 
  • Anthem: «Bilādī, laki ḥubbī wa fūʾādī» is the national anthem of Egypt. The melody was composed by Sayed Darwish and it was adopted in 1979. 
  • Official languages: Arabic.
  • Geographical location: it is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. 
  • Administrative divisions: Egypt is divided into 27 governorates. The governorates are further divided into regions. The regions contain towns and villages. Each governorate has a capital, sometimes carrying the same name as the governorate.
  • Capital: Cairo
  • Governance: the politics of Egypt is based on republicanism, with a semi-presidential system of government. The President of Egypt is elected for a maximum of two four-year terms and the Parliament is unicameral and unbiased. Egypt is a founding member of the United Nations, Non-Aligned Movement, Arab League, African Union, and Organisation of Islamic Cooperation.
  • Population: 94.54 million.
  • Currency: Egyptian pound.
  • GDP: $332.3 billion.
  • Time zone: GMT/UTC +2.
  • Telephone code: +20.
  • Barcode: 622.

 

Trade and economic cooperation between Belarus and Egypt

Egypt's economic performance in 2017:

  • Economic growth — 4.1%;
  • GDP per capita — $3 463 thousand;
  • Exports — $25.3 billion;
  • Imports — $64.6 billion;
  • Inflation — 22.3%;
  • Unemployment — 11.3%.

Egypt is an agro-industrial country with a highly-developed services sector.

The public sector, represented mainly by industry, plays a key role in the economy. Agriculture, trade and services, craftsmanship, production of metal articles, food products, furniture and commodity products fall within the private sector.

Egypt exports its products to the UAE, Saudi Arabia, Italy, Turkey, the UK and USA.

Egypt imports goods mainly from China, Germany, the USA, Italy, Turkey and Saudi Arabia.

Egypt's Most Valuable Export Products:

  • Oil;
  • Gas;
  • Gold;
  • Nitrogenous fertilizers; 
  • Fruits and vegetables;
  • Processed petroleum oils;
  • Wire and cables;
  • Fabrics; 
  • Medicaments; 
  • Cotton; 
  • Furniture.

Egypt's Most Valuable Import Products:

  • Mineral fuel;
  • Machinery and equipment;
  • Food products;
  • Vehicles and parts thereof;
  • Metal products;
  • Processed petroleum oils;
  • Wood;
  • Consumer goods. 

In 2017, Belarusian exports to this country amounted to $76.12 million, Egyptian exports to Belarus — $21.34 million.

The leading companies, supplying their products to Egypt, are OJSC Belarusian Steel Works, OJSC Minsk Tractor Works, OJSC MAZ, OJSC Belshina and Belneftekhim concern. Sakr Factory assembles MAZ trucks, Tractors & Engineering Со. (ТЕСО) and ММ Group for Industry and International Trade S.A.E assemble MTZ tractors in Egypt. 

Belarus mainly exports metal products, tractors, printed goods, spare parts, tyres, X-ray equipment, measuring and checking instruments, trucks, road construction machinery to Egypt.

Egypt exports citrus fruits, medicaments, fresh or frozen fruits and vegetables, men's and women's clothing, tea, coffee, woven fabrics of synthetic filament yarn, paints and varnishes to Belarus.

There are 9 companies with 100% Egyptian capital and 12 joint ventures in Belarus.

Dynamics of trade between Belarus and Egypt (in million U.S. dollars)

Year

Turnover

Exports

Imports

Surplus

2012

97.07

77.68

19.38

58.29

2013

61.9

36.26

25.63

10.62

2014

156.45

134.1

22.35

131.68

2015

186.34

98.02

88.32

9.7

2016

57.8

43.35

14.45

28.9

2017

97.46

76.12

21.34

54.78

Belarus's most promising products to export to Egypt:

  • Tractors;
  • Trucks;
  • Measuring instruments;
  • Semi-finished products of non-alloy steel;
  • Articles of iron or steel;
  • Engines;
  • Pumps for liquids, air or vacuum pumps;
  • Machinery;
  • Bearings;
  • Centrifuges;
  • Filtering or purifying machinery and apparatus for liquids or gases;
  • Potassic fertilizers;
  • Tyres;
  • Wood and plywood.

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This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Arab Republic of Egypt, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Egypt for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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