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Revenues, however, have remained more or less constant (about 21% ) as a percentage of the GDP over the past few years. Egypt’s main imports consist of pharmaceuticals and non-petroleum products double double casino promo codes such as wheat, maize, cars and car spare parts. The current account grew from 0.7% of GDP in FY2002 to 3.3% at FY2005. Egypt’s Current Account made a surplus of US$4478 million in FY2005 compared to a deficit of US$158 million in FY2004. Italy and the USA are the top export markets for Egyptian goods and services. Gross domestic product per capita based on purchasing-power-parity increased fourfold between 1981 and 2006, from US$1,355 in 1981, to US$2,525 in 1991, to US$3,686 in 2001 and to an estimated US$4,535 in 2006.
- With a net worth of $525m, Samih Sawiris is the chairman of board of directors of Orascom Development, mainly serving in the tourism sector.
- He has a net worth of about $720 million which puts on the 8th spot on this list.
- Gas from the project, called West Nile Delta, is expected to begin flowing in 2017.
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The Wild Egyptian Riches Slot symbol can replacement for the others symbols, except for the expression of Bonus Bubble. If you occur to gather 4 Egyptian Riches Slot symbols, your beginning bet are increased in 500 times, if 3 symbols – in 100 times if 2 symbols – then in 20 times. The Egyptian Riches Slot RTP is 95.99%%, that will be slightly over the average for online slots. Utilizing the Egyptian Riches Slot, gamers will get optimum win amounts in one game. Significant improvement to the domestic economic environment increased investors’ confidence in Egypt.
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Egypt’s banking system has undergone major reforms since the 1990s and today consumers are faced with a liberalized and modernized system which is supervised and regulated according to internationally accepted standards. Although the mortgage market is underdeveloped in Egypt and as yet foreigners cannot yet obtain a mortgage for a property in Egypt. In the near future, a new mortgage law will enable purchasers to take out property loans. This will open up the market considerably and create a storm of development and real estate activity in the near future. Abu Qir Fertilizers Company is one of the largest producers of nitrogen fertilizers in Egypt and the MENA region.
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According to a 1990 agricultural census, there were some three million small land holdings, almost 96% of which were under five feddans. As a result, the gap between world and domestic prices for Egyptian agricultural commodities has been closed. In March 2015, BP Signed a $12 billion deal to develop natural gas in Egypt intended for sale in the domestic market starting in 2017. BP said it would develop a large quantity of offshore gas, equivalent to about one-quarter of Egypt’s output, and bring it onshore to be consumed by customers. Gas from the project, called West Nile Delta, is expected to begin flowing in 2017. BP said that additional exploration might lead to a doubling of the amount of gas available.
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