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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.
A black market in Shinbashi in 1946 Illegal street traders in Barcelona in 2015. A black market, underground economy, shadow market or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose ...
The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the first futures market in Alexandria. By 1899, under the rule of Khedive Abbas II, the exchange relocated to a new premises on Muhammad Ali Square, today known as El Manshiyya. In 1902, the Brokers' Syndicate was formed, setting the initial regulations ...
But the rise of technology has led to an evolved "black market" -- and rather than exotic animals and tangible exports, data like credit card information and even streaming accounts are up for grabs.
Change in per capita GDP of Egypt, 1820–2018. Figures are inflation-adjusted to 2011 International dollars. From the 1850s until the 1930s, Egypt's economy was heavily reliant on long-staple cotton, introduced in the mid-1820s during the reign of Muhammad Ali (1805–49) and made possible by the switch from basin irrigation to perennial, modern irrigation. [25]
Egypt is a country for cannabis, heroin and opium destined for Europe, Israel, and North Africa. [9] According to a 2003 research undertaken by the Egyptian government, the narcotics problem costs the Egyptian economy roughly $800 million per year, including amounts spent on illegal drugs and government expenditures to tackle the problem. [10] [11]
The CASE 30 is an index of the Cairo & Alexandria Stock Exchange in Egypt. It includes the 30 most active stocks in the Egyptian stock market , weighted to their market capitalization. The index was started with a base level of 1000 as of January 01, 1998.
EGX 30, [1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points.