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Perhaps by greater domestic diversification. Egypt has a labor pool which is mostly exported. Tourism is huge, but seems to suffer somewhat from internal security fears, particularly religious sectarianism. The Suez Canal is nearby, but I see no major deep water port that takes advantage of this. Canal passage fees are only part of the total. Perhaps a study of the Chinese model of EFZ (Economic Free Zones), such as Shanghai is in order. Perhaps negotiation of MFN (Most Favored Nation) and Free Trade agreements with her national neighbours would be prudent. Control of the Nile via the Aswan Dam system continues to be a matter of major contention. I believe it has damaged national tradition and thus morale.
A recent check of Wikipedia suggests Egypt's 4 main commerce divisions are, in order of precedence, agriculture, media, oil and gas, and tourism.
Suggestion? Find a Project or Major Development, recall your off-shore talent, support agriculture, encourage oil and gas development, expand tourism, and invite the media to watch the whole. Good luck.
Thank you for an excellent question.
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∙ 14y ago
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What is the GDP of Egypt?
The gross domestic product of Egypt is $272 billion, and as of September 2014, the country's GDP is expanding. To provide a comparison, the GDP of the US is 16.8 trillion.
What percent of Egypt GDP is spent on education?
well it depends, some parts of egypt are more wealthier than other parts. but on average the GDP on education is about 10%
Why would you invest in capital and human resources?
To improve there GDP
What did queen Cleopatra vii do to improve Egypt?
Cleopatra did absolutely nothing to improve Egypt.
The country with the Highest GDP is Columbia Switzerl or Egypt India?
Columbia
What is the GDP per capita in Egypt?
About $6,000
Hi you wish to know the percentage of telecom GDP to total GDP for 2006 or latest information available for the following countries - Algeria Tunisia Egypt Iraq Pakistan Bangladesh?
Telecom does not have a GDP.
What did Cleopatra do to make ancient Egypt a better place?
Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.
Why is it desirable for a country to have a large GDP?
A large GDP indicates a higher revenue and increased production. Such GDP will boost or improve government expenditure and perhaps reduce taxation. Also in a well organized society or state, a large GDP can enhance economic activities resulting to growth.
Is Egypt a rich or poor country or city?
By Comparison Egypt is a poor Country. The GDP(The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published.) of Egypt is $2161 compared to Israel at $28,365 or Qatar at $93,204
Biggest economy in Africa?
The biggest economy in Africa is undoubtly the Republic of South Africa (South Africa) The South African GDP was $467.6 billion in the year 2007 and the global rank of South Africa was 27th. Egypt's GDP in 2007 was $431.9 billion and Egypt's global rank was 29. Egypt got the second biggest economy in Africa.
What are Egypt Resource?
Egypt has some financial problems. They have borrowed money from the IMF. Their GDP is based on 11.3% agriculture, 35.8% industry, and 52.9% services according to the CIA World Factbook.
