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Egypt also has been struggling to revive the lucrative tourism sector. In the new Cabinet, Sherif Fathy, a former civil aviation minister, replaced Ahmed Issa as tourism and antiquities minister.
Egypt's fresh water is mainly derived from underground water. Underground water results in 95% of Egyptian's desert land. Egypt is also dependent on rainwater but it is a scarce and limiting source for agricultural development. In addition, Egypt refuses agricultural drainage water in correlation with Nile water for irrigation. [2]
Egypt faced long-term supply- and demand-side repercussions of the global financial crisis on the national economy. Post-revolution (2012–present): the Egyptian economy suffered from a severe downturn following the 2011 revolution and the government faced numerous challenges to restore growth, market and investor confidence. [30]
The protective tariff required in Sub-Saharan Africa is US$0.13, compared to $0.04–0.08 USD in the rest of the developing world. Additionally, one of the greatest challenges in an effort to create sustainable development in Africa is that many countries with exportable resources are land-locked without a system of transportation. [6]
Cyril Ramaphosa faced criticism as his departure for Egypt was announced shortly after the move to stage 6. [167] He returned early to address the problem, meeting on 11 December with the Eskom board. Ramaphosa then announced that there had been an element of sabotage involved, leading to the loss of 2000MW capacity. Ramaphosa faced criticism ...
Egypt has no operational high-speed rail links, but a project was launched in 2018 to construct three such lines with a total length of about 2,000 kilometres (1,200 mi). The first line links the cities of Ain Sukhna and Marsa Matrouh , the second connects the cities of Sixth of October and Abu Simbel , and the third connects the city of Qena ...
The Italian presence in Egypt grew significantly in the early nineteenth century due to two main factors: the country's role as a refuge for Italian political exiles and the demand for workers during the modernization projects under Muhammad Ali and Isma'il. However, the Italian community in Egypt faced challenges during the mid-twentieth ...
The Invergordon Common Good Fund owns the bust, which was purchased in 1930 for about $6.35. Now, the historical bust could sell for $3.1 million.