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Timothy Mitchell, a political scientist of the Arab world, suggests that a solution may be to "decentralize the state and allow for some of the powers in Egypt's market to be reconfigured". [1] In this way, Egypt can counteract agricultural differences based on management of the Nile which is a shared agricultural source for most of the 9 ...
Water Resources and Extraction in Egypt *) Type of Water Resources Quantity in billion m³ per year; Nile River [16] 56.8 Precipitation [16] 1.8 Fossil Groundwater Extraction [16] 1 Sea Water Desalination [16] 0.1 Sum: 59.7: Reuse of Spilled Water Resources *) Renewable Groundwater Extraction [17] 2.3 Wastewater Reuse [17] 2.9 Agricultural ...
Natural gas reserves in Egypt have increased from 36 to 37 trillion cubic feet, nearly doubling its production since 2003. Natural gas supports the development of many petrochemical and fertilizer plants as well as provides electricity in Egypt. [7] The petrochemical industry uses natural gas as fuel in order to produce ammonia and urea. In ...
Egypt's net natural gas exports. [70] Domestic resources meet only about 33% of Egypt's domestic demand, meaning large imports from Saudi Arabia, UAE and Iraq are necessary. Over the last 15 years, more than 180 petroleum exploration agreements have been signed and multinational oil companies spent more than US$27 billion in exploration companions.
Tourism accounts for 10-15% of Egypt’s economy. [34] Since tourism is influenced by weather conditions and the environment, climate change is going to have a significant impact on tourism. [ 35 ] The number of tourists visiting Egypt is projected to decline about 20% by 2060. [ 36 ]
Tourism is one of the leading sources of income, crucial to Egypt's economy.At its peak in 2010, the sector employed about 12% of workforce of Egypt, [1] serving approximately 14.7 million visitors to Egypt, and providing revenues of nearly $12.5 billion [2] as well as contributing more than 11% of GDP and 14.4% of foreign currency revenues.
Mining in Egypt has had a long history that dates back to predynastic times. Active mining began in Egypt around 3000 BCE. Egypt has substantial mineral resources, including 48 million tons of tantalite (fourth largest in the world), 50 million tons of coal, and an estimated 6.7 million ounces of gold in the Eastern Desert. [1]
Natural resource economics deals with the supply, demand, and allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability for future generations.