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LE 100 billion loss of the Egyptian economy in a week
A number of economic experts that the Egyptian economy suffered during the one week loss of close to hundred billion pounds, and nominated high as two hundred billion if continued political tensions in Egypt, adding that this loss was in all fields, whether in the stock market and the high cost of Egyptian bonds and other of the losses is expected to increase in the coming days or in the field of tourism because tourists to leave Egypt.
http://youm7.com/News.asp?NewsID=345893&SecID=24&IssueID=150
LE 100 billion loss of the Egyptian economy in a week
الخميس، 3 فبراير 2011 - 15:35
Thursday, February 3, 2011 - 15:35 خسائر كبيرة للاقتصاد المصرى
Losses for the Egyptian economy كتبت مريم بدر الدين
Mary wrote Badr al-Din A number of economic experts that the Egyptian economy suffered during the one week loss of close to hundred billion pounds, and nominated high as two hundred billion if continued political tensions in Egypt, adding that this loss was in all fields, whether in the stock market and the high cost of Egyptian bonds and other of the losses is expected to increase in the coming days or in the field of tourism because tourists to leave Egypt.
They pointed out that the Egyptian Stock Exchange shares lost since the beginning of the crisis in the emerging signs of nearly 90 billion pounds, with lower market value of the Egyptian stock of 504 billion to 420 billion pounds.
They added that the total revenue of Egypt Egyptian tourism $ 15 billion last year, representing 11 percent of GDP after the entry of 16 million tourists expecting the decline of those proceeds to more than 57 percent after the alerts were issued from various European countries and the United States to their nationals quickly leave the land of Egypt, experts concluded saying that this coincides with heavy losses on the Egyptian pound fell to its lowest level in more than six years against the U.S. dollar, putting the Egyptian economy in front of another disaster.http://youm7.com/News.asp?NewsID=345893&SecID=24&IssueID=150