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Port Ghalib International Marina, Marsa Alam

Port Ghalib International Marina, Marsa Alam Port Ghalib International Marina providing a unique time and travel saving departure point for diving safari "live-aboard" yachts taking divers to the Red Sea's world famous marine parks at Daedalus Reef, Brothers Island, Zabargad Island and Rocky Island. The marina is now classed as an official new Port of Entry to Egypt and has accordingly...

Sinai Shopping

Sinai Shopping In the simplicity of sun, sea, sand, mountains, the luxury of five-star hotels, water sports, shopping and entertainment centers, tourists from all over the world come to the Egyptian Red Sea resort of Sharm el-Sheikh regardless of the financial crunch. There are two types of shopping options in the Sinai and Red Sea area and visitors can enjoy...

Aswan High Dam on the Nile River

Aswan High Dam on the Nile River Aswan-- On 15 January 1971, Egypt celebrated the completion of the High Dam, whose funding was the center of a Cold War dispute that led to the 1956 Suez War. Located on the Upper Nile, around 1000km downstream from Cairo, the gigantic mountain of concrete and steel is among the 20th century's most elaborate engineering work. Aswan High Dam on the...

Kenya Economy - Manufacturing, Construction, Transport

Manufacturing Kenya’s inclusion among the beneficiaries of the U.S. Government’s African Growth and Opportunity Act (AGOA) has given a boost to manufacturing in recent years. Since AGOA took effect in 2000, Kenya’s clothing sales to the United States increased from US$44 million to US$270 million (2006). Other initiatives to strengthen...

Kenya Economy - Agriculture & Energy

Agriculture "Tea, coffee and horticulture top Kenya’s agricultural performance" Following two decades of slow performance, Kenya’s economy is on the upswing, with the country’s growth rate climbing from 2.8 percent in 2003 to approximately six percent in 2006. Kenya’s Gross Domestic Product (GDP) is estimated to have been $20.77 billion in 2006,...

Kenya Economy - Employment Earnings & Consumer, Money Banking & Finance

Employment Earnings & Consumer By the year 1992, an estimated 2.1 million people were employed outside rural small-scale agriculture. A total of 91,000 jobs were created. Growth in employed persons declined in the years 1990 to 1992. Total employed persons by 1992 were 1,462,600. Due to the government’s effort to reduce wage bills and achieve...

Kenya Economy - Summary and Outlook, Domestic economy developments

Summary and Outlook Kenya is endowed with a rich heritage of plant and animal, which allow for a wide range of economic activities. Kenya is strategically located within easy reach of export markets in the region, Middle East, Europe and Asia. Political stability coupled with modern infrastructure that has been developed over the years has made...

Zimbabwe Economic Policy

Zimbabwe Government Policy Framework for Indigenisation of the Economy The Meaning of Indigenisation of the Economy Indigenisation of the economy is the deliberate economic empowerment of indigenous Zimbabweans mainly through economic expansion. This is a long-term programme for laying a strong foundation for the development of a fully fledged...

Tanzania Debt Buy Back operation

This is to remind the General Public and International Community at large that the Government of the United Republic of Tanzania launched the external commercial debt reduction operation of the United Republic of Tanzania, also called the Debt Buy Bank operation, on October 25th 1999. The launching of this operation was made possible following the...