Personal Finance

Chapter 7: The Finances of Housing

International Finance

Egypt lies on Africa's northeastern corner and consists of three major land areas: the Sinai Peninsula on the Asian continent, deserts that blanket two-thirds of the country, and the fertile Nile River valley. The Nile River—the world's largest at almost 1,000 miles long—flows northward through Egypt. If seen from above, the river valley looks like a narrow green ribbon cutting across the desert. Egyptians call their land “the gift of the Nile.” The river supplies 85 percent of the country's water, rich soil for farming, and transportation. For centuries, Egypt was ruled by a host of invading foreigners. In 1953 it became an independent republic and one of the most powerful nations on the globe.

To learn more about Egypt, visit www.Britannica.com.

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