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During the Greco-Roman period (332 BC–AD 639), Egyptian literature was translated into other languages, and Greco-Roman literature fused with native art into a new style of writing. From this period comes the Rosetta Stone, which became the key to unlocking the mysteries of Egyptian writing to modern scholarship. The great city of Alexandria boasted its famous Library of almost half a million handwritten books during the third century BC. Alexandria's centre of learning also produced the Greek translation of the Hebrew Bible, the Septuagint.

Under comprehensive economic reforms initiated in 1991, Egypt has relaxed many price controls, reduced subsidies, and partially liberalized trade and investment. Manufacturing is still dominated by the public sector, which controls virtually all heavy industry. A process of public sector reform and privatization has begun, however, which could enhance opportunities for the private sector. Agriculture, mainly in private hands, has been largely deregulated, with the exception of cotton and sugar production. Construction, non-financial services, and domestic marketing are largely private. This has promoted a steady increase of GNP and the annual growth rate. Among Arab countries, Egypt's GDP is second only to Saudi Arabia's. However, the Egyptian economy relies heavily on tourist revenues. The tourism sector suffered tremendously following a terrorist attack on tourists in Luxor in October 1997, and the September 11, 2001 terrorist attacks against the United States, affecting the economy as a whole.

Egypt is a key partner in the search for peace in the Middle East and resolution of the Israeli-Palestinian conflict. Then President of Egypt Anwar Sadat's groundbreaking trip to Israel in 1977, the 1978 Camp David Accords, and the 1979 Egypt-Israel Peace Treaty represented a fundamental shift in the politics of the region; from a strategy of confrontation to one of peace as a strategic choice. Egypt was subsequently ostracized by other Arab states and ejected from the Arab League from 1979 to 1989.

Like other North Africans, Egyptians are not blacks. While northern Egyptians have on vast part maintained their reddish-white to reddish-brown skin, in reality not all Egyptians have the same skin colour. Egyptians living south of Cairo are usually darker than those in Northern Egypt.

Parliament meets for one nine-month session each year: under special circumstances the President of the Republic can call an additional session. Even though the powers of the Parliament have increased since the 1980 Amendments of the Constitution, the Parliament remains to lack the powers to balance the excessive powers of the President.

The government has struggled to ready the economy for the new millennium through economic reform and massive investment in communications and physical infrastructure, much financed from U.S. aid. Egypt is the second largest recipient of such funds from the United States after Israel. Economic conditions are starting to improve considerably after a period of stagnation due to the adoption of more liberal economic policies by the government, as well as increased revenues from tourism and a booming stock market.

Ancient Egyptian religion was a polytheistic system that saw the world as in conflict between forces of order and chaos. The Pharaoh, representative of order on Earth, was seen as divine and descended of the falcon god Horus. There was a strong cult of resurrection in the next life centered around the god Osiris.

Egypt's excess of natural gas will more than meet its domestic demand for many years to come. The Ministry of Petroleum has established expanding the Egyptian petrochemical industry and increasing exports of natural gas as its most significant strategic objectives.

The Nile valley forms a natural geographic and economic unit, being bounded to the east and west by deserts, to the north by the sea and to the south by the Cataracts of the Nile. The need to have a single authority to manage the waters of the Nile led to the creation of the world's first state in Egypt in about 3000 BC.

Egypt is on good terms with all of its neighbours, and was the first Arab nation to make peace with Israel. It has a territorial dispute with Sudan over the Hala'ib Triangle

Under Islam, Egypt continued to be a great source of literary endeavour, now in the Arabic language. In 970, al-Azhar University was founded in Cairo, which to this day remains the most important centre of Sunni Islamic learning. In the 12th century Egypt, the Jewish talmudic scholar Maimonides produced his most important work.

Covering an area of about 1,020,000 km² Egypt includes the Sinai Peninsula (considered part of Southwest Asia), whilst the majority of the country is located in North Africa. It shares land borders with Libya to the west, Sudan to the south, Israel to the North East. It is bordered to the North and East by the Mediterranean Sea and the Red Sea, respectively.