Cairo economy has been experiencing a balanced growth in all sectors.. Economy of Cairo accounts for almost two thirds of the Egyptian Gross National Product.
Industrialization in Cairo have long begun in the 19th century and grew even more rapidly after the 1952 revolution and dealt primarily with textiles. Textile industry features as one of the most prominent industries. Fine quality long staple cotton is manufactured here and exported in large quantities, thus contributing to the national exchequer. Food processing is also one of the main industries of Cairo. Other industries include iron and steel companies and consumer goods. Today the bulk of Cairo's work force
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is engaged in sectors like government, commerce and financial services.
The tourism industry is the backbone of Cairo economy. Sales of weapons, export of petroleum, and Suez Canal tariffs also contributes to the sustained economy in Cairo. Foreign aids are important sources of income in Cairo. Cairo's cost of living is relatively low because of the availability of agricultural products, cheap public transportation and low-cost medical care.
The Cairo economy comprises diverse industrial and governmental sectors. Industries in Cairo have developed fast, churning out new job opportunities for the natives.
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