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About Egypt

Egypt is officially known as the Arab Republic of Egypt and is located in north-eastern Africa and southwestern Asia. Cairo, the capital and largest city, is the most modern in the Middle East and Africa.
It is bounded on the north by the Mediterranean Sea, on the east by Israel and the Red Sea, on the south by Sudan, and on the west by Libya. The country has a maximum length from north to south of about 1086 km (about 675 m) and a maximum width, near the southern border, of about 1255 km (about 780 m). It has a total area of about 1,001,450 sq km (about 386,662 sq m). Less than one-tenth of the land area of Egypt is settled or under cultivation, this consists of the valley and delta of the Nile, a number of desert oases, and land along the Suez Canal.
More than 90 percent of the country consists of desert areas: In the west, the Libyan Desert, a part of the Sahara Desert which is also known as the Western Desert. The Libyan Desert includes a vast sandy expanse called the Great Sand Sea. Located here are several depressions with elevations below sea level, including the Qattara Depression, which has an area of about 18,000 sq km (about 7000 sq m) and reaches a depth of 133 m (436 ft) below sea level, the lowest point in Africa. Also found here are the oases of Siwa, Kharga, Baharia and Dakhla.
In the east the Arabian Desert, also called the Eastern Desert (which borders the Red Sea and the Gulf of Suez). Much of the Arabian Desert occupies a plateau that rises gradually east from the Nile Valley to elevations of about 600 m (about 2000 ft) in the east and is broken along the Red Sea coast by jagged peaks as high as about 2100 m (about 7000 ft) above sea level.
In the extreme south, along the border with Sudan, is the Nubian Desert, an extensive region of dunes and sandy plains.

 

 
The weather in Egypt

The weather in Egypt is typically desertic. It means that days are warm or hot, and nights tend to be cool. Throughout the Red Sea Riviera humidity is almost non-existent, and constant breezes make the warm to hot temperatures more than bearable if not simply very pleasant during any period of the year. There are only two seasons: a mild winter from November to April and a hot summer from May to October. The only differences between the seasons are variations in daytime temperatures and changes in prevailing winds.

Along the Red Sea, temperatures range between an average minimum of 14° C in winter and an average maximum of 35° C in summer. Precipitation is almost non-existent: only in autumn and spring the odd rainfall that lasts no longer than fifteen minutes helps sustaining the rare desert flora and fauna. Some areas can experience years without rain, and suddenly receive downpours that result in flash floods.

Investment In Egypt

Since Egypt opened the door to foreign investment, many local and foreign investors have taken advantage of low prices and great investment opportunities in various parts of Egypt. Many of the attractive real estate zones in Egypt are located on the Red Sea. However, the foreign investors seeking growth and income potential are considering various parts of Egypt and actively seek advice from local real estate experts for types and locations of suitable investments in Egypt.

Many international companies also have relocated their firms and staff to Egypt to take advantage of lower labour and tax rates. These companies are dependent on the local real estate firms to supply their employees accommodations and needs. It is noteworthy to mention that after Saudi Arabia, Egypt ranks the second largest recipient of foreign Direct Investment (FDI). Egypt is receiving over a $billion in FDI, and thus attracting overseas interest in real estate. Also Emaar Misr, a subsidiary of Dubai based Emaar Properties signed a contract worth about 4 billion USD to develop an exclusive and iconic series of villages in Cairo in 2005. Similar developments are being made by various overseas firms in Egypt today.