Egypt is a country in North Africa bordered to the north by the Mediterranean, to the south by Sudan, to the west by Libya, and to the east by the Red Sea and Israel. Egypt’s economy is the second largest in the Arab world after Saudi Arabia and is widely regarded as an important political and cultural nation of the Middle East. Until 1922, it was a British colony.

Egypt is one of the most populous countries in the Middle East Africa and the Africa (MENA) region. The great majority of its estimated 75 million live near the banks of the Nile River, in an area of about 40,000 square kilometers (15,000 sq mi), where the only arable agricultural land is found.

Egypt was Singapore's 63rd trading partner in 2007 with a total trade of S$597.40 millions, a slight increase of 0.1% from 2006 (S$596 million).

Exports to Egypt increased 7.4% from S$463 million in 2006 to S$497 million in 2007, with trade clearly in our favour. This amount represents close to 83% of the total trade whilst imports from Egypt decreased 25% to S$100 million in 2007.
 

The engines of the Egyptian economy are as follows:

Natural Gas: Egypt is a top ten country in the world with more than 63,000 Compressed Natural Gas (CNG) vehicles and 95 fuelling stations nationwide. It is also the first nation in the MENA region to open a public CNG fuelling station in January 1996.eum opportunities. Oil production capacity has increased to 875,000 barrels per day by end of 2006.

Telecommunications: The telecoms sector is fuelled by the growth in mobile and internet subscriptions despite the downturn in the global telecoms sector.

Construction: Egypt's construction industry, long dominated by the state, has been largely privatized, and continues to show excellent signs of growth. The key driver for the industry is in tourism and will be closely linked to the continued boom in construction.

Tourism: The Egyptian tourism sector is Africa's largest and the second-largest earner of foreign-exchange receipts. The tourism potential of the country is rich and well-tapped, centering on the great architectural sites of the Nile and the Red Sea Coast.

Steel: Egypt is one of the EU's most important suppliers of rolled steel sheets. The steel industry looks set for growth following a European Union (EU) decision to give Egyptian steel preferential status for 13 of the 14 steel products it exports to the EU, as part of the Euro-Mediterranean partnership agreement.