Egyptian National and Strategic Development Projects: News and Updates
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The SC
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The Egyptian economy achieved an estimated production of $ 360 billion in 2020 for the first time in its history, compared to $ 235 billion in 2017, and was able to bypass the economy of South Africa and become the second largest economy in the continent of Africa after the economy of Nigeria. It was also able to bypass the economy of the United Arab Emirates and became the second largest economy. Arab After the Kingdom of Saudi Arabia and a few steps separated from the economy of Israel, Egypt's economy ranked 33rd in the world in 2020 compared to 41st place in the world in 2019
The World Bank expects that the production volume of the Egyptian economy will exceed 620 billion dollars in just 4 years, with reaping the fruits of economic reforms and security stability.
This data comes just a few days after the World Bank also expected Egypt to achieve a positive growth rate of 3.5 percent this year, after it was only expected to be 2.5 percent. So it modified the number in the third of the year. Indeed, the World Bank predicted that only two economies would achieve positive growth results this year, China and Egypt ... and hence, this news and very nice analysis encompasses Egypt, Not just to reach the position 31 after it was 44. but also because Egypt becomes the second economy in Africa after the oil-producing country Nigeria and before the developed South Africa.
In this perspective, there are two very important numbers to analyze:
The first of them is the, very big difference between the output of 2019, which was $225 billion, and the product of 2020, which is $360 billion .. !! That is, an increase of $135 billion .. which is, almost an increase of 50 percent .. !!! A very strong increase and a very high rate in the normal situation. So what about the situation this year of the Corona virus and the global economic slowdown, which will witness the entry of some developed countries to achieve negative growth for the first time in very long decades..!?
The second, and it is the most powerful! And Is their expectation to reach more than $600 billion !!! Within three to four years, knowing that the IMF has predicted that Egypt will achieve an annual growth rate in 2024 of about 5.6%..Achieving 50 % over three consecutive years, so that in four years Egypt will jump these astonishing jumps from $235 billion to more than $600 billion ... !!! This is an amazing thing, and if Sisi does it, he would have fulfilled his sentence, which he said that "The world will look at us in wonder".
This means that the economic plan is being developed and implemented with the utmost rigor and force, Showing that Egypt is on the right path and that all the Egyptian macroeconomic data are very promising showing that the Structural reform is in full force, and that the Egyptian economy has already liberalized and is ready and able to take off.
The World Bank expects that the production volume of the Egyptian economy will exceed 620 billion dollars in just 4 years, with reaping the fruits of economic reforms and security stability.
This data comes just a few days after the World Bank also expected Egypt to achieve a positive growth rate of 3.5 percent this year, after it was only expected to be 2.5 percent. So it modified the number in the third of the year. Indeed, the World Bank predicted that only two economies would achieve positive growth results this year, China and Egypt ... and hence, this news and very nice analysis encompasses Egypt, Not just to reach the position 31 after it was 44. but also because Egypt becomes the second economy in Africa after the oil-producing country Nigeria and before the developed South Africa.
In this perspective, there are two very important numbers to analyze:
The first of them is the, very big difference between the output of 2019, which was $225 billion, and the product of 2020, which is $360 billion .. !! That is, an increase of $135 billion .. which is, almost an increase of 50 percent .. !!! A very strong increase and a very high rate in the normal situation. So what about the situation this year of the Corona virus and the global economic slowdown, which will witness the entry of some developed countries to achieve negative growth for the first time in very long decades..!?
The second, and it is the most powerful! And Is their expectation to reach more than $600 billion !!! Within three to four years, knowing that the IMF has predicted that Egypt will achieve an annual growth rate in 2024 of about 5.6%..Achieving 50 % over three consecutive years, so that in four years Egypt will jump these astonishing jumps from $235 billion to more than $600 billion ... !!! This is an amazing thing, and if Sisi does it, he would have fulfilled his sentence, which he said that "The world will look at us in wonder".
This means that the economic plan is being developed and implemented with the utmost rigor and force, Showing that Egypt is on the right path and that all the Egyptian macroeconomic data are very promising showing that the Structural reform is in full force, and that the Egyptian economy has already liberalized and is ready and able to take off.
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ARCH٤R
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Reserves at 38 bil, Foreign Debt at 122bil. I think it’s time to let the private sector breath, too.The Egyptian economy achieved an estimated production of $ 360 billion in 2020 for the first time in its history, compared to $ 235 billion in 2017, and was able to bypass the economy of South Africa and become the second largest economy in the continent of Africa after the economy of Nigeria. It was also able to bypass the economy of the United Arab Emirates and became the second largest economy. Arab After the Kingdom of Saudi Arabia and a few steps separated from the economy of Israel, Egypt's economy ranked 33rd in the world in 2020 compared to 41st place in the world in 2019
The World Bank expects that the production volume of the Egyptian economy will exceed 620 billion dollars in just 4 years, with reaping the fruits of economic reforms and security stability.
This data comes just a few days after the World Bank also expected Egypt to achieve a positive growth rate of 3.5 percent this year, after it was only expected to be 2.5 percent. So it modified the number in the third of the year. Indeed, the World Bank predicted that only two economies would achieve positive growth results this year, China and Egypt ... and hence, this news and very nice analysis encompasses Egypt, Not just to reach the position 31 after it was 44. but also because Egypt becomes the second economy in Africa after the oil-producing country Nigeria and before the developed South Africa.
In this perspective, there are two very important numbers to analyze:
The first of them is the, very big difference between the output of 2019, which was $225 billion, and the product of 2020, which is $360 billion .. !! That is, an increase of $135 billion .. which is, almost an increase of 50 percent .. !!! A very strong increase and a very high rate in the normal situation. So what about the situation this year of the Corona virus and the global economic slowdown, which will witness the entry of some developed countries to achieve negative growth for the first time in very long decades..!?
The second, and it is the most powerful! And Is their expectation to reach more than $600 billion !!! Within three to four years, knowing that the IMF has predicted that Egypt will achieve an annual growth rate in 2024 of about 5.6%..Achieving 50 % over three consecutive years, so that in four years Egypt will jump these astonishing jumps from $235 billion to more than $600 billion ... !!! This is an amazing thing, and if Sisi does it, he would have fulfilled his sentence, which he said that "The world will look at us in wonder".
This means that the economic plan is being developed and implemented with the utmost rigor and force, Showing that Egypt is on the right path and that all the Egyptian macroeconomic data are very promising showing that the Structural reform is in full force, and that the Egyptian economy has already liberalized and is ready and able to take off.
No problem here, but we should have a significant increase in production and exports.
Yep...
Gomig-21
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Truly REMARKABLE! And even during the times of COVID-19 which let's face it, has DEVASTATED the world economy yet Egypt has remarkably treaded water right through it so far! MashaAllah!
The jump from 41st place to 33rd in just 1 year and like I said during these absurdly temperamental times is astonishing.
If Egypt can pull this off in 4 years, then the sky's the limit after that TBH because that is pretty incredible. Also, the predictions of the IMF made just 2 years ago about Egypt's economy were spot on! I remember all sorts of people right here on this board saying that those numbers were crazy and no way Egypt's economy could sustain such growth with its debt ratio and especially inflation and all sorts of other excuses yet here we are! Al Hamdulillah ya Rab.
Couple of things stick out at me just looking at these groupings and first is imagine if Egypt was exporting even half the level of weapons that Israel is, it would blow it off this map. It is BIG TIME to bring the private sector into this specific economy and take advantage of the private minds that are capable of engineering great new items and stop all the mistrusting and keeping it all within the military complex. Take the US and other's example and expand and watch how the success will just come down like rain!
The other is how impressive is Nigeria on that list? Really incredible and the UAE also for such a tiny county with a tiny population they've played their cards just right from the beginning and not relied solely on oil by concentrating a lot on banking as well as construction. Making Dubai an example of that success has really worked well for them in that respect.
I laugh at the people who think there's any truth to that pile of crap about them financing a new canal in Israel LMFAO! People are so gullible, especially the big-time haters.
50% jump of $135 Billion is really unheard of, isn't it? There isn't any one else pulling off these kinds of numbers, are there? Watching Turkey tumble slowly makes sense why they're trying hard to make amends with Egypt now and their motivation should be looked at very carefully. But these numbers and mind-blowing and no wonder the IMF has no issues loaning any money to Egypt and most of it is to rebuild its credit more so than a need for the actual cash IMO.
Then you have the Sisi hatred out there that refuses to look at these improvements and credit him for them. It's one thing if he behaved like the Orange baboon and had the economic success also. But he doesn't behave like the idiot and is the complete opposite and behaves much more dignified and in a very diplomatic manner yet they call him a "brutal dictator" lololol! Buffoons.
And yet you will see a lot of negativism in the form of article written like the one that came out a few months ago about the "fragility" of the Egyptian economy and how it could collapse because of the way it's structured. They just can't give any credit where it's due because of the spite in every fiber of their being. The hell with them. They just need to keep plugging along and keep doing what they've been doing since it obviously is working and working really well.
Wilhelm II
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The SC
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And the best is still to come!!!
Ich
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(i dont know where to put this, but me think it is a national development)
How Egypt is growing forests in middle of the desert
Amid the success of the Serapium Forest, a massive plantation in Egypt, the country is now looking to plant more desert lands with trees as part of plans to fight climate change.
Oct 18, 2020
Growing a forest in the middle of the desert has become reality with Egypt eyeing more of these projects to support its economy and fight environmental and climate changes.
Egypt has managed to plant trees in the desert using wastewater, as part of plans to preserve the environment, reduce pollution and optimize the use of natural water resources. The Serapium Forest, which has boomed despite the drought and rainfall deficit, consists of 200 hectares (494 acres) of trees planted in Ismailia city, in northeast Egypt. The forest has been a vital project that set a precedent for other projects to reduce water pollution and unemployment.
The Central Administration of Reforestation affiliated with Egypt’s Ministry of Agriculture launched work on the Serapium Forest back in 1998. A documentary was released in 2014 showing the results of this project.
In light of the success of the Serapium Forest project, African countries followed suit. In 2019, 21 African countries, including Egypt, embarked on a tree-planting project, dubbed the Great Green Wall. Preparations for the project had started back in 2007. Twelve African countries, including Egypt, launched the project from Nigeria, and soon nine other countries joined the initiative. It starts from Senegal, in the far west of the continent, to Djibouti, in its east.
The project, of which only 15% has been completed, stretches over nearly 8,000 kilometers (5,000 miles). It is scheduled to be completed by the end of 2030. The forest will extend over 100 million hectares (247 million acres) at an estimated cost of $8 billion.
Ragaei Saafan, project manager in Serapium, told Al-Monitor that using sewage water to grow a forest in the desert is a golden idea and helps boost the economy. He explained that the treated sewage water will help transform large areas of the Egyptian desert into arable and economically viable areas.
He said that the evergreen forests would purify the air, combat desertification and help reduce the high summer temperature. He added that there is a tree leaf cutter machine in the Serapium Forest, allowing cypress, pine and other deciduous conifers leaves to be used as fertilizers and feed for the livestock. There is also a possibility to raise livestock without any significant cost, except for the potable water, he noted.
Saafan pointed out that in addition to its role in maintaining soil fertility, this forest serves the local economy. He explained that a good management would allow some planted trees, such as the mahogany and camphor, to serve as a permanent source of income in Egypt by exporting the trees or using them in the local wood industry.
Commenting on how the treated sewage water is channeled to Serapium Forest, Saafan explained that the wastewater is channeled in big underground basins high in micro-organisms, and oxygen is pumped to accelerate the water purification process. The water, high in nitrogen and phosphorus, which are good for the forest, is then stored throughout the forest. According to him, the trees have grown four times faster than in any other forest in Europe where the weather is much more favorable. While an average of 60 years is needed for a tree in Europe to become mature, 15 years is more than enough for the trees to mature in this forest.
Commenting on the Ministry of Agriculture’s plan to implement the experience in the other governorates, Sayed Khalifa, head of the Central Administration for Agricultural Extension at the ministry, told Al-Monitor that the ministry already started a plan to promote forests in the various governorates. He noted that 250 feddans (260 acres) of land in Ballanah in Aswan governorate will be planted with trees, including palm trees, after the irrigation network is set up.
He added that 40 feddans (42 acres) of trees are expected to be planted in Armant in Luxor governorate, in addition to 300 feddans (311 acres) in el-Belina in Sohag governorate.
Khalifa said the goal behind growing forests in Egypt is to optimize the use of treated sewage water, produce wood and create new wood-based industries, produce biofuels, protect the country against desertification and erosion, solve the problem of food security, stabilize sand dunes, protect the coasts and boost tourism.
Commenting on the desertification rate in Egypt, Abdo Mahmoud, professor of lands studies at the Faculty of Agriculture in Zagazig University, told Al-Monitor that Egypt loses 3.5 feddans (3.6 acres) per hour, which is very dangerous given the limited agricultural lands across the country, amounting to 4% of Egypt’s total area.
He accused the successive governments of ignoring the threats of desertification, but at the same time, he praised the current serious attempts to combat desertification.
During a meeting with the minister of water and forests of Cote d'Ivoire, Alain-Richard Donwahi, in October 2018, Minister of Agriculture and Land Reclamation Ezz El-Din Abu Steit had said that there are 33 forests across the Egyptian governorates linked to sewage stations, in addition to 28 forest nurseries to supply forests with seedlings.
The minister added that since Africa is the natural extension of Egypt, President Abdel Fattah al-Sisi called for further cooperation with all African countries, particularly in the agricultural sector, according to the Middle East News Agency.
During a seminar held in 2018 at the Regional Center for Food and Feed affiliated with the Agricultural Research Center, Sisi’s adviser Hani el-Kateb said that Egypt has no experience in growing forests, although its weather is favorable for that. He stressed the need for Egypt to take advantage of such weather in growing forests and cited water scarcity and network problems as top obstacles in this regard. He pointed out that ancient Egyptians and Chinese used the Phragmites in their irrigation.
Read more: https://www.al-monitor.com/pulse/or...sts-plant-trees-wastewater.html#ixzz6bJaojAVL
How Egypt is growing forests in middle of the desert
Amid the success of the Serapium Forest, a massive plantation in Egypt, the country is now looking to plant more desert lands with trees as part of plans to fight climate change.
Oct 18, 2020
Growing a forest in the middle of the desert has become reality with Egypt eyeing more of these projects to support its economy and fight environmental and climate changes.
Egypt has managed to plant trees in the desert using wastewater, as part of plans to preserve the environment, reduce pollution and optimize the use of natural water resources. The Serapium Forest, which has boomed despite the drought and rainfall deficit, consists of 200 hectares (494 acres) of trees planted in Ismailia city, in northeast Egypt. The forest has been a vital project that set a precedent for other projects to reduce water pollution and unemployment.
The Central Administration of Reforestation affiliated with Egypt’s Ministry of Agriculture launched work on the Serapium Forest back in 1998. A documentary was released in 2014 showing the results of this project.
In light of the success of the Serapium Forest project, African countries followed suit. In 2019, 21 African countries, including Egypt, embarked on a tree-planting project, dubbed the Great Green Wall. Preparations for the project had started back in 2007. Twelve African countries, including Egypt, launched the project from Nigeria, and soon nine other countries joined the initiative. It starts from Senegal, in the far west of the continent, to Djibouti, in its east.
The project, of which only 15% has been completed, stretches over nearly 8,000 kilometers (5,000 miles). It is scheduled to be completed by the end of 2030. The forest will extend over 100 million hectares (247 million acres) at an estimated cost of $8 billion.
Ragaei Saafan, project manager in Serapium, told Al-Monitor that using sewage water to grow a forest in the desert is a golden idea and helps boost the economy. He explained that the treated sewage water will help transform large areas of the Egyptian desert into arable and economically viable areas.
He said that the evergreen forests would purify the air, combat desertification and help reduce the high summer temperature. He added that there is a tree leaf cutter machine in the Serapium Forest, allowing cypress, pine and other deciduous conifers leaves to be used as fertilizers and feed for the livestock. There is also a possibility to raise livestock without any significant cost, except for the potable water, he noted.
Saafan pointed out that in addition to its role in maintaining soil fertility, this forest serves the local economy. He explained that a good management would allow some planted trees, such as the mahogany and camphor, to serve as a permanent source of income in Egypt by exporting the trees or using them in the local wood industry.
Commenting on how the treated sewage water is channeled to Serapium Forest, Saafan explained that the wastewater is channeled in big underground basins high in micro-organisms, and oxygen is pumped to accelerate the water purification process. The water, high in nitrogen and phosphorus, which are good for the forest, is then stored throughout the forest. According to him, the trees have grown four times faster than in any other forest in Europe where the weather is much more favorable. While an average of 60 years is needed for a tree in Europe to become mature, 15 years is more than enough for the trees to mature in this forest.
Commenting on the Ministry of Agriculture’s plan to implement the experience in the other governorates, Sayed Khalifa, head of the Central Administration for Agricultural Extension at the ministry, told Al-Monitor that the ministry already started a plan to promote forests in the various governorates. He noted that 250 feddans (260 acres) of land in Ballanah in Aswan governorate will be planted with trees, including palm trees, after the irrigation network is set up.
He added that 40 feddans (42 acres) of trees are expected to be planted in Armant in Luxor governorate, in addition to 300 feddans (311 acres) in el-Belina in Sohag governorate.
Khalifa said the goal behind growing forests in Egypt is to optimize the use of treated sewage water, produce wood and create new wood-based industries, produce biofuels, protect the country against desertification and erosion, solve the problem of food security, stabilize sand dunes, protect the coasts and boost tourism.
Commenting on the desertification rate in Egypt, Abdo Mahmoud, professor of lands studies at the Faculty of Agriculture in Zagazig University, told Al-Monitor that Egypt loses 3.5 feddans (3.6 acres) per hour, which is very dangerous given the limited agricultural lands across the country, amounting to 4% of Egypt’s total area.
He accused the successive governments of ignoring the threats of desertification, but at the same time, he praised the current serious attempts to combat desertification.
During a meeting with the minister of water and forests of Cote d'Ivoire, Alain-Richard Donwahi, in October 2018, Minister of Agriculture and Land Reclamation Ezz El-Din Abu Steit had said that there are 33 forests across the Egyptian governorates linked to sewage stations, in addition to 28 forest nurseries to supply forests with seedlings.
The minister added that since Africa is the natural extension of Egypt, President Abdel Fattah al-Sisi called for further cooperation with all African countries, particularly in the agricultural sector, according to the Middle East News Agency.
During a seminar held in 2018 at the Regional Center for Food and Feed affiliated with the Agricultural Research Center, Sisi’s adviser Hani el-Kateb said that Egypt has no experience in growing forests, although its weather is favorable for that. He stressed the need for Egypt to take advantage of such weather in growing forests and cited water scarcity and network problems as top obstacles in this regard. He pointed out that ancient Egyptians and Chinese used the Phragmites in their irrigation.
Read more: https://www.al-monitor.com/pulse/or...sts-plant-trees-wastewater.html#ixzz6bJaojAVL
Gomig-21
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Thanks for posting this. If you go back to the early parts of this thread, you'll notice that there's a video we posted of this exact thing and how they've been planting these trees that are not native to Egypt and creating forest habitat. A remarkable thing and it has succeeded so far as the young trees have adapted and have grown at their normal pace. They're marking some of them for specific studies and watching how they'll develop into forests on their own even.
The interesting part of this is that this isn't anything new, really. Well, the trees themselves are a new thing to create "forests" in an otherwise arid, dry and majority desert climate but something similar was accomplished like this back in the 80's when they decided to expand farmlands outside of the Delta region and specifically away from the Nile river itself since there is only so much land available close to the water.
And what they did was find areas of desert, dig for wells and be sure to be able to pull water out of the ground first and once that is established, they would dig holes about 5 x 5 meters and about 3 meters deep and fill those with farming soil. They would make hundreds of thousands of these soil patches in the dessert and then plant seeds of all types of vegetables and fruits and trees etc. and it worked so well that the government had to divide a lot of these desert lands into acres for sale because of the interest this new farming technique generated. My family actually got into this in a town south of Cairo past the beautiful city of Maadi called El Saff and they were growing so much fruit every year they had to give so much of it away before it rotted and was wasted.
That's why I was surprised that it took them so long to basically take the same principle of farming in desert lands and create forests with trees that can adapt to the brutal sun and heat and that seems to be what they're doing here.
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Ich
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Interesting. I heard it for the first time, so me thought it is a new thing and decided to post it.
Gomig-21
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Egypt maintained a 3.6% GDP growth rate despite the BRUTAL impact globally from COVID-19 and this growth rate is expected to continue through next year and so predicting a 5.6% GDP growth rate for 2024 is very realistic and it could even surpass that.
Philip the Arab
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Egyptian camera system for 1KG cubesat.
The image received is expected for a camera of its size.
The image received is expected for a camera of its size.
Gomig-21
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Egyptian camera system for 1KG cubesat.
The image received is expected for a camera of its size.
Are they running a test for the eventual camera in the eventual satellite? That thing is tiny!
