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Export of petroleum and related products amounted to $2.6 billion in the year 2000. In late 2001, Egypt's benchmark "Suez Blend" was about $16.73 per barrel ($105/m³), the lowest price since 1999.

The literacy rate is about 55% of the adult population. Education is free through university and compulsory from ages six through 15. Rates for primary and secondary education have strengthened in recent years. Ninety-three percent of children enter primary school and about one-quarter drop out after the sixth year; in 1994-95, 87% entered primary school and about half dropped out after the sixth year. There are 20,000 primary and secondary schools with some 10 million students, 13 major universities with more than 500,000 students, and 67 teacher colleges. Major universities include Cairo University (100,000 students), Alexandria University, and the 1,000-year-old Al-Azhar University, one of the world's major centers of Islamic learning.

After the 1952 Revolution, the government assumed responsibility for appointing officials to mosques and religious schools. The government mandated reform of Al-Azhar University beginning in 1961. These reforms permitted department heads to be drawn from outside the ranks of the traditionally trained orthodox ulama.

The Egyptians are a fairly homogeneous people. Mediterranean and Arab influences appear in the north, and there is some mixing in the south with the Nubians of northern Sudan. Many theories has been proposed on the origins of the Egyptians, however non are conclusive, and the most widely accepted theory is that Egyptian society was the result of a mix of east african and asiatic people who moved to the Nile Valley after the ice age. The bulk of Modern Egyptian society still maintains a homogenous genetic tie to the ancient Egyptian society which has always been regarded as rural and most populous compared to the neighboring demographics. The Egyptian people spoke only languages from the Afro-Asiatic family (previously known as Hamito-semitic) throughout their history starting with Old Egyptian, to modern Arabic.

Traditionally, the cabinet comprises, in decreasing rank: - The Prime Minister - Ministers - Ministers of State, described as ‘junior ministers’, are assigned specific responsibilities or agencies. The portfolios of ministers of state are considerably more transient, as positions may be created and dissolved to suit specific short-term government priorities or the specific qualifications of candidates without alterations to the departmental structure, e.g. the Ministry of State for Environmental Affairs. - Ministers without portfolio, ministers who do not head specific departments and occasionally attend cabinet meetings, e.g. Minister without portfolio Omar Suleiman, the current Chief of the Egyptian Intelligence Services. - Chairmen of Departments, who head certain important departments that do not fall under the jurisdiction of any of the ministers and answer directly to the Prime Minister, e.g. The Chairman of the Suez Canal Authority. - Ministers-Delegate, who assist ministers in areas of their duties and rarely attend cabinet meeting

In the last quarter of the 20th century, Egyptian music was a way to communicate social and class issues. One popular modern pop singer is Amr Diab.

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.

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.

The People’s Assembly may cause the resignation of the executive cabinet by voting a motion of censure. For this reason, the Prime Minister and his cabinet are necessarily from the dominant party or coalition in the assembly. In the case of a president and assembly from opposing parties, this leads to the situation known as cohabitation. While motions of censure are periodically proposed by the opposition following government actions that it deems highly inappropriate, they are purely rhetorical; party discipline ensures that, throughout a parliamentary term, the government is never overthrown by the assembly

Egypt is the most populous country in the Arab world and the second-most populous on the African Continent. Nearly 100% of the country's 76 million people live in Cairo and Alexandria; elsewhere on the banks of the Nile; in the Nile delta, which fans out north of Cairo; and along the Suez Canal. These regions are among the world's most densely populated, containing an average of over 3,820 persons per square mile (1,540 per sq. km.), as compared to 181 persons per sq. mi. for the country as a whole.

In the late 1970s Egypt had several cohabitation governments which proved to be unstable, due to the struggle arising between the President and the Prime Minister. However, since 1981, the National Democratic Party has maintained a majority in the People’s Assembly and supplied the Egyptian President.

In Egypt, religious music is frowned upon, but still common in Muslim celebrations called mulids. Mulids are held to celebrate the saint of a particular mosque, and is related to the Sufi zikr ritual. A type of flute called the ney is commonly played at mulids.

The People’s Assembly is the principal legislative body. Out of the assembly’s 454 deputies 444 are directly elected while 10 are appointed by the President. The Constitution reserves fifty percent of the assembly seats for ‘workers and peasants’. The assembly sits for a five-year term but can be dissolved earlier by the President. All seats are voted on in each election. Four Hundred seats are voted on using proportional representation while the remaining forty-four are elected in local majority votes.