Egypt is a fairly rich area for natural resources, but the primary resources are oil and natural gas, explains PBS. Egypt borders the Mediterranean Sea, which contains huge sea beds filled with oilfields. This oil has created a booming natural gas and oil industry in Egypt. The country also has access to natural mineral resources, including vast amounts of gold, and some natural biological resources as well.Continue Reading
Egypt's prosperity is largely due to its unique location on the Nile River. This river provides an abundance of resources to the nation, including reeds, flax and papyrus. The Nile's water is also a precious resource. Egypt is in a dry, arid desert, so the existence of a large river gives Egypt opportunities other countries do not have. The river fertilizes the area around it, making it easier to grow and harvest crops and cultivate the land. The river, one of the most powerful in the world, is also used as a source of hydroelectric power.
The country is home to a number of mineral resources, including iron ore, phosphate, limestone, manganese, talc, zinc, asbestos, gypsum and gold. The deserts of Egypt also provide it with an abundant supply of salts, including natron, brine and soda.Learn more about Africa