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Egypt

Egypt. www.powerpointpresentationon.blogspot.com. Contents. Brief Introduction Political Situation In Egypt Trade Economy Economic Challenges in Egypt. Introduction To Egypt. Egypt, one of the world's oldest continuous civilizations

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Egypt

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  1. Egypt www.powerpointpresentationon.blogspot.com

  2. Contents • Brief Introduction • Political Situation In Egypt • Trade • Economy • Economic Challenges in Egypt

  3. Introduction To Egypt Egypt, one of the world's oldest continuous civilizations It is located in North Africa bordering the Mediterranean Sea. Egypt covers just over 1 million square kilometers (the same size as France and Germany combined).  Capital City : Cairo  Population : Around 78 million people live in Egypt  Religion :  Muslim 94%, Christian and other 6%.  Currency : Egyptian Pound

  4. Facts • Egypt's economy depends mainly on agriculture, media, petroleum exports, and tourism • Most of the population live near the Nile river as this is the only ground where food can be grown • Silver was considered more valuable then gold in ancient Egypt • They invented the 365 day calendar

  5. Politics In Egypt

  6. History of Mubarak • Mubarak was a air chief marshal in the Egyptian Air Force • Mubarak was appointed Vice President of Egypt In 1975 • Claimed to the presidency on 14 October 1981, following the assassination of President Anwar Sadat

  7. How did the protests start? • In Egypt, there  has been growing discontent over economic woes, poverty, unemployment, corruption and police abuses

  8. Demonstrators were gathered peacefully in central Cairo on Jan 25,2011 to demand an end to Mubarak's power. • Social media tools, such as Twitter and Facebook, have been used extensively to rally support for the protesters

  9. Mohammed Mursi • Although he was not their first choice as presidential candidate, Egypt's powerful Muslim Brotherhood soon threw its weight behind the chairman of its Freedom and Justice Party (FJP), Mohammed Mursi • Later in the run-off elections, he took 51.73% of the vote

  10. Mr Mursi handed in his nomination papers for the presidential race • The Brotherhood officially supported to Mr Mursi

  11. Egypt’s Trade

  12. Egypt’s Trade • Italy is Egypt's biggest trade partner • The U.S. is second • Followed by several European countries and India • Almost 40 percent of Egypt's exports are bought by European Union countries

  13. Egypt’s Trade Imports • Egypt does not have a large industrial base and therefore imports almost all of their capital goods such as machinery and equipment • Food represents about 20 percent of Egypt's imports • Industrial chemicals • wood products • Refined fuels are also imported in significant quantities

  14. Egypt’s Trade Exports • Oil was the largest export at over 155,000 barrels a day • Egypt also exports a number of metal products (industrial and finished) • Cotton, textiles and chemicals • Egypt's 2010 exports are expected to drop by 18 percent to just under $25 billion due to the worldwide recession and drop in oil prices.

  15. Economy Of Egypt

  16. History • Egypt's economy improved dramatically in the 1990s • The International Monetary Fund (IMF)   • privatization • Increase in GDP • Egypt's economic growth has slowed down since 1998, partly due to the economic crisis in Asia

  17. Economy • The Egyptian economy experienced steady GDP growth rates around 7% between 2005 and 2008 • Later economy of Egypt was dropped below 5% during the global economic crisis • The World Bank ranked Egypt 94 out of 183 economies in its 2011

  18. GDP  • $484.3 billion (2009 est.) • $509.3 billion (2010 est.) • $515.4 billion (2011 est.)  GDP - composition by sector • Agriculture: 14.4%  • Industry: 39.5%  • Services: 45.8% (2011 est.) 

  19. Labour force - by occupation • Agriculture: 32% • Industry: 17%  • Services: 51% (2011 est.)  Inflation rate (consumer prices) • 11.1% (2010 est.) • 13.3% (2011 est.)   Exports • $25.02 billion (2010 est.) • $27.96 billion (2011 est.)  

  20. Economic Challenges in Egypt

  21. Economic Challenges in Egypt • The Economic crisis is rearing its ugly head in nearly every area imaginable in egyptian life thease days • Subsidies on basic item are eliminated • Youth unemployment is about 25 percent, a dangerous situation where 60 percent of the citizens are 30 and under

  22. Economic Challenges in Egypt • The economic crisis has a serious impact on different aspects related to migration • Egypt seeks loans from I.M.F

  23. Thank you

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