Egypt - officially the Arab Republic of Egypt, is a Middle Eastern country in North Africa. While the country is geographically situated in Africa, the Sinai Peninsula, east of the Suez Canal, is a land bridge to Asia.
Covering an area of about 1,001,450 square kilometres (386,560 square miles), Egypt borders Libya to the west, Sudan to the south, and Israel and the Gaza Strip to the northeast; on the north and the east are the Mediterranean Sea and the Red Sea, respectively.
Egypt is the fifteenth most populous country in the world. The vast majority of its 78.8 million population (2006) live near the banks of the Nile River (about 40,000 km² or 15,450 sq. miles), where the only arable agricultural land is found. Large areas of land are part of the Sahara Desert and are sparsely inhabited. About half of the Egyptian people today are urban, living in the densely populated centers of greater Cairo, the largest city in Africa and the Middle East, and Alexandria.
Egypt is famous for its ancient civilization and some of the world's most ancient and important monuments, including the Giza Pyramids, the Karnak Temple, the Valley of the Kings and the Great Sphinx of Giza; the southern city of Luxor contains a particularly large number of ancient artifacts. Today, Egypt is widely regarded as the main political and cultural centre of the Arab and Middle Eastern regions.
Egypt is the second most populous country in Africa, at nearly 79 million people. Almost all the population is concentrated along the banks of the Nile (notably Alexandria and Cairo) and in the Delta and near the Suez Canal. Approximately 90% of the population adheres to Islam and most of the remainder to Christianity (primarily the Coptic Orthodox denomination). Apart from religious affiliation, Egyptians can be divided demographically into those who live in the major urban centers and the fellahin or farmers of rural villages.
Since ancient times, particularly before the unification of Upper and Lower Egypt, North African and Eastern Mediterranean influences have come to predominate in the north, while Egyptians in the south are also related to Nubians and Ethiopians. Despite these differences, the bulk of modern Egyptians are more closely related to one another and are descended from ancient Egyptian society, which has always been rural and quite populous compared to neighboring regions. The Egyptian people have spoken only languages from the Afro-Asiatic family throughout their history starting with Old Egyptian to modern Egyptian Arabic.
Egypt's economy depends mainly on agriculture, media, petroleum exports, and tourism; there are also more than 5 million Egyptians working abroad, mainly in Saudi Arabia, the Gulf area like UAE, and Europe. The United States as well has a large population of Egyptian immigrants.
The completion of the Aswan High Dam in 1971 and the resultant Lake Nasser have altered the time-honored place of the Nile River in the agriculture and ecology of Egypt. A rapidly-growing population (the largest in the Arab world), limited arable land, and dependence on the Nile all continue to overtax resources and stress the economy.
The government has struggled to prepare the economy for the new millennium through economic reform and massive investments in communications and physical infrastructure. Egypt has been receiving U.S. foreign aid (since 1979, an average of $2.2 billion per year) snd is the third-largest recipient of such funds from the United States following the Iraq war. Its main revenues however come from tourism as well as traffic that goes through the Suez Canal.
Economic conditions are starting to improve considerably after a period of stagnation due to the adoption of more liberal economic policies by the government, as well as increased revenues from tourism and a booming stock market. In its annual report, the IMF has rated Egypt as one of the top countries in the world undertaking economic reforms.
Egypt's capital city, Cairo, is Africa's largest city and has been renowned for centuries as a center of learning, culture and commerce. The Egyptian Academy of the Arabic Language is responsible for regulating the Arabic Language throughout the world. Egypt has had a thriving media and arts industry since the late 19th century, today with more than 30 satellite channels and over 100 motion pictures produced each year. Cairo in fact has long been known as the "Hollywood of the East." To bolster its media industry further, especially with the keen competition from the Persian Gulf Arab States and Lebanon, a large media city was built. Egypt is also the only Arab country with an opera house.
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