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Change in per capita GDP of Egypt, 1820–2018. Figures are inflation-adjusted to 2011 International dollars. From the 1850s until the 1930s, Egypt's economy was heavily reliant on long-staple cotton, introduced in the mid-1820s during the reign of Muhammad Ali (1805–49) and made possible by the switch from basin irrigation to perennial, modern irrigation. [25]
The government also instituted policies to absorb the negative impact of the inflation of the Egyptian pound in November 2016, with the trade deficit recording a peak value at US$38 billion in 2018-2019 due to ongoing rises in oil prices. The trade deficit returned to record high values for a third time in 2020-2021 and 2021–2022 at US$42.1 ...
Shares of Southwest were mostly flat in pre-market trading at $43.77 a piece. A Southwest Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California U.S ...
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However, in 2013, a 0.001 percent tax on all stock market transactions was imposed. [2] In 2013, the Ministry of Finance announced that the government intended to repeal a 10 percent capital gains tax imposed on mergers and acquisitions the year earlier, as well as a planned tax on cash dividends, and refund investors who paid it.
The international dollar (int'l dollar or intl dollar, symbols Int'l$., Intl$., Int$), also known as Geary–Khamis dollar (symbols G–K$ or GK$), is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar had in the United States at a given point in time.
The historical value of one US dollar in Egyptian currency from 1789 to 2020. Figures prior to 1834, the year the pound was introduced, indicate multiples of 100 piastres This table shows the historical value of US$ 1 in Egyptian currency (piastres prior to 1834, pounds thenceforth):