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Food products will rise by approximately 20% on higher costs of fuel used for transportation and production, says professor of agricultural economy
A total of 15,578 car accidents took place in Egypt last year, rising from 15,516 in 2012
May’s annual inflation rate at its lowest since November 2013, says CAPMAS
Unstable economic situation in Egypt the main reason behind decrease in construction projects in 2012/2013, says agency
Increase of value of long-term loans can be attributed to Egypt’s unstable situation, says head of Central Budget Department for Economic Bodies
Unstable economic and political situation contributed to decrease in the level of foreign employees in Egypt, says ECESR economic expert
The units will be constructed in 15 different cities and governorates nationwide
Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed to wave of increasing inflation, says IMF’s Toward New Horizons report
9.5 million tourists visited Egypt in 2013, according to the Central Agency for Public Mobilization and Statistics
Women face greater barriers of entry and higher levels of discrimination following shift to non-trade sectors, World Bank report says
Rate has increased 57.3% since 4Q 2010
Tourist arrival figures rise minimally in December, but still significantly lower than last year’s
After a short-lived decline in December, January rates show a surge on both annual and monthly basis
Tourism rates decline year on year, but show noticeable improvement compared to preceding months
Inflation rates slow down for the first time since May 2013
The CBE announced that it will extend the “Support Tourism” initiative until December 2014
Poverty increased by an annual 1.1%, while an Egyptian five-headed household needs EGP 1,620 to fulfill its basic needs
There has been a major decline in the number of European tourists in Egypt
70.8% of the total unemployed are Egyptian youth
Largest number of August tourists hail from Europe (74.7%) followed by 18.1% from Arab countries
Government continues to fight the constant inflation rates increases
Holland, Belgium and Czech Republic removed their travel alerts
Total consumption rates for imported cotton during this period, meanwhile, reached 21,800 metric quintals, compared to 23,200 metric quintals during the previous season, representing a 6.3% decrease.
This still represents a 69% increase compared to May 2010, when the trade deficit totaled EGP9.59bn, the report said.
While placing emphasis on maintaining tourism partnerships abroad, Zaazou asked foreign travel agencies to push their governments to lift their negative travel advisories for Egypt since the national curfew is not imposed in many beach tourist sites.
51.3% of youths between the ages of 18 and 29 lived in or near poverty in 2012
Annual inflation increases to 10.28% in July compared to 9.75% in June
The report emphasised that 30.5% of youth have previously migrated without a visa; 80.9% of them had no contracts
Meanwhile, imports fell 7.8% year on year to EGP 35.8bn due to the decreasing prices of some goods like wheat, corn, chemical products and wood. In March of last year, imports registered EGP38.8bn.
The rate of births per 1,000 citizens was reported at 25.7 in 2006, increasing to 31.9 in 2012, while the rate of deaths per 1,000 citizens also increased slightly from 6.3 in 2006 to 6.4 in 2012.