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A series of International Monetary Fund arrangements, coupled with massive external debt relief resulting from Egypt's participation in the Gulf War coalition, helped Egypt improve its macroeconomic performance during the 1990s. Through sound fiscal and monetary policies, Cairo tamed inflation, slashed budget deficits, and built up foreign reserves. Although the pace of structural reforms, such as privatization and new business legislation, has been slower than the IMF envisioned, Egypt's steps toward a more market-oriented economy have prompted increased foreign investment. Lower combined hard currency inflows - from tourism, worker remittances, oil revenues, and Suez Canal tolls - in 1998 and the first half of 1999 resulted in pressure on the Egyptian pound and sporadic dollar shortages, but external payments were not in crisis. Despite ample reserves, the Central Bank did not provide sufficient hard currency to commercial banks and Cairo restricted imports for a short period; these developments confirmed to some investors and currency traders that government financial operations lack sufficient coordination and openness. Monetary pressures have since eased, however, with the continued oil price recovery starting in mid-1999 and a moderate rebound in tourism. Increased gas exports are a major plus factor in future growth.

Orthodox ulama found themselves in a difficult position during the wave of Islamic activism that swept through Egypt in the 1970s and 1980s. Radical Islamists viewed the ulama as puppets of the status quo. To maintain their influence in the country, the ulama espoused more conservative stances. After 1974, for example, many Al Azhar ulama, who had acquiesced to family planning initiatives in the 1960s, openly criticized government efforts at population control. The ulama also supported moves to reform the country's legal code to conform to Islamic teaching. They remained, nonetheless, comparatively moderate; they were largely loyal to the government and condemned the violence of radical Islamist groups.

The history of Egypt is the longest continuous history, as a unified state, of any country in the world.

The earliest 'mummified' individual dates back to approximately 3300 BC, although it is not a 'true' mummy. The body is on display in the British Museum and has been given the nickname of 'Ginger' because he has red hair. Ginger was buried in the hot desert sand with maybe some stones piled on top to prevent the corpse being eaten by jackals. The hot, dry conditions desiccated the body, preventing the muscle and soft tissues from decaying. Ginger was buried with some pottery vessels, which would have held food and drink to sustain him on his long journey to the other world. There are no written records of the religion or gods from that time, and it is not known if it was the intention of the ancient Egyptians that the deceased were being preserved.

The November 2000 Parliamentary Elections are generally regarded to have been more transparent and better executed than past elections. This is due to the new Law put into force establishing universal judicial monitoring of polling stations. On the other hand, opposition parties continue to lodge credible complaints about electoral manipulation by the government. There are significant restrictions on the political process and freedom of expression for non-governmental organizations, including professional syndicates and organizations promoting respect for human rights which have been greatly loosened up in the past five years.

The word "mummy" is thought to be derived from the Arabic word mumiyah, which maens bitumen. Because of the the blackened skin of unwrapped mummies, bitumen was once thought to be used extensively in ancient Egyptian embalming procedures. Another possible source for the name is the Egyptian Coptic word mum, for wax of which the use in Egyptian embalming was in fact documented.

Despite the political upheaval, Egypt remained a predominently Christian land, although gradual conversions to Islam over the centuries had the effect of changing Egypt from a predominantly Christian to a predominantly Muslim country by the end of the 12th century.

Egypt played a key role during the 1990-91 Gulf crisis. President Mubarak helped assemble the international coalition and deployed 35,000 Egyptian troops against Iraq to liberate Kuwait. The Egyptian contingent was the third largest in the coalition forces, after the U.S. and U.K. In the aftermath of the Gulf war, Egypt signed the Damascus declaration with Syria and the Gulf states to strengthen Gulf security. Egypt continues to contribute regularly to United Nations peacekeeping missions, most recently in East Timor, Sierra Leone, and Liberia.

Coptic Orthodox Christianity is the indigenous form of Christianity that, according to tradition, the apostle Mark established in Egypt in the middle of the 1st century AD (approximately AD 60). It is the national church of Egypt. The church is one of the Oriental Orthodox churches. Its leader is the Pope of Alexandria and the Patriarch of the Holy See of Saint Mark. The current incumbent is Pope Shenouda III.