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The major industries include textiles, hydrocarbon and chemical production, and generic pharmaceutical production. Unemployment is high at about 10.5%. [138] Until 2003, the Egyptian economy suffered from shortages in foreign currency and excessively elevated interest rates. A series of budget reforms were conducted to redress weaknesses in ...
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
Mining in Egypt has had a long history that dates back to predynastic times. Active mining began in Egypt around 3000 BCE. 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 ...
Main menu. Main menu. move to sidebar hide. ... Pages in category "Economy of Egypt" ... Automotive industry in Egypt; C.
Main page; Contents; Current events; Random article; About Wikipedia; ... Pages in category "Industry in Egypt" The following 7 pages are in this category, out of 7 ...
Main page; Contents; Current events; ... Category: Companies of Egypt by industry. ... Food and drink companies of Egypt (2 C, 2 P) L.
July 18 – Egypt's Suez Canal reported a 23.4 percent drop in revenues attributed to disruptions in Red Sea shipping over the past year, marked by attacks from Yemen's Houthi militia on Israeli-linked vessels. [20] July 30 – Five people are killed and nine others are injured when a boat capsizes on the Nile River in Cairo. [21]