Cairo is a megacity and a global city serving as the capital of Egypt. Cairo is the centre of Egypt, as it has been almost since its founding in 969 AD. 15% of all Egyptians live there. The majority of the nation's commerce is generated there, or passes through the city. Egypt is in Northern Africa, bordering the Mediterranean Sea, between Libya and the Gaza Strip, and the Red Sea north of Sudan, and includes the Asian Sinai Peninsula. Desert; hot, dry summers with moderate winters. Vast desert plateau interrupted by Nile valley and delta. The official language is Arabic. English is widely spoken in business circles in Cairo and Alexandria; while French and German are less common. English is often used in business correspondence, most road signs and company logos carry English translations. Attempts to use Arabic areappreciated. The main religions are Islam, Christianity. The economy of Egypt depends mainly on agriculture, media, petroleum exports, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe. The population in Cairo is 19.4 Mil (2014 est.), while the inflation rate is 8.24% (2014 est.).
Cost Of Living
The cost of living for expatriates in Cairo as at 1 October 2014 is very low in comparison to other places in the world. In Cairo, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: High 3) Communication: High 4) Education: Low 5) Furniture & Appliances: High 6) Groceries: Low 7) Healthcare: Very Low 8) Household Accommodation: Average 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: Very Low Cairo is for example -13.5% cheaper than Montevideo for groceries, -5% cheaper for household costs than Durban, and -44.5% cheaper for transport costs than Athens. Cairo is ranked as a extreme hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Cairo for an expat from Zurich is for example 30%, i.e. host location (Cairo) premium of 40% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Cairo? Register subscribe to your home location and Cairo and run your personalised reports.