Profiles: Countries
EGYPT: Arab Republic of Egypt
There are practically no mineral resources, apart from a small
amount of phosphates and some petrol from Sinai. Egypt is not a
member of OPEC, as it does not export petrol. The hydro-electric
scheme at the Aswan dam produces enough electricty to supply the
needs of the country.
Some income is derived from the Suez Canal. Tourism is a very
important item in the economy, although it is subject to
fluctuations and follows the political situation.
The population growth poses an enormous problem for the
country, which has very little available space in spite of its
size.
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