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https://quillharp8.doodlekit.com/blog/entry/11121496/scuba-diving-in-red-sea-hurghada-padiThe government aims to extend this number to 4.eight million hectares by 2030 by way of further land reclamation. Even though solely 3 p.c of the land is arable, it is extremely productive and may be cropped two and even thrice annually. However, the reclaimed lands only add 7 p.c to the entire worth of agricultural manufacturing.Egypt's banking system has undergone main reforms because the 1990s and today customers are confronted with a liberalized and modernized system which is supervised and regulated in accordance with internationally accepted standards. Although the mortgage market is underdeveloped in Egypt and as yet foreigners cannot but obtain a mortgage for a property in Egypt. In the close to future, a brand new mortgage law will allow purchasers to take out property loans.This will open up the market considerably and create a storm of improvement and actual property activity within the near future. Egypt and Cyprus are contemplating implementing the proposed EuroAfrica Interconnector project. This consists of laying a 2000 MW HVDC undersea energy cable between them and between Cyprus and Greece, thus connecting Egypt to the greater European power grid. Interconnector will rework Egypt in electrical energy hub between Europe and Africa.Citrus, dates, and grapes are the primary fruits by cultivated area. Agricultural output in tons in 1999 included corn, 9,350,000; wheat, 6,347,000; rice, 5,816,000; potatoes, 1,900,000; and oranges, 1,525,000. The government exercises a powerful diploma of control over agriculture, not only to make sure the most effective use of irrigation water but additionally to restrict the planting of cotton in favor of food grains. However, the government's capability to realize this goal is restricted by crop rotational constraints. In 2010 Egypt's fertile space totaled about 3.6 million hectares (eight.9 million acres), about one-quarter of which has been reclaimed from the desert after the development of the Aswan High Dam.Best Area For SnorkelingThe Egyptian authorities engaged international shark specialists to assess the scenario and propose a solution.Are there coral reefs in Hurghada?On the touristy coast of Hurghada, in the east, clownfish, porkfish, and butterflyfish swim among the violet and green coral reefs, ten meters below sea level.Surface irrigation is forbidden by regulation in reclaimed lands and is simply used in the Nile Valley and the Delta, the use of pressurized irrigation and localized irrigation is compulsory in other elements of the country. Most land is cropped no less than twice a 12 months, but agricultural productivity is restricted by salinity which in 2011 affected 25% of irrigated agriculture to various levels. This is mainly attributable to insufficient drainage in addition to seawater intrusion in aquifers on account of over-extraction of groundwater, the latter primarily affects the Nile Delta.According to a 1990 agricultural census, there were some three million small land holdings, nearly ninety six% of which have been under five feddans. As a end result, the gap between world and domestic prices for Egyptian agricultural commodities has been closed.Arafa Holding is a worldwide apparel manufacturer and retailer, operating by way of a powerful vertically integrated platform on the native & international ranges. By the mid-1980s, 90% of all land titles have been for holdings of lower than 5 feddans (2.1 hectares (5.2 acres)), and about 300,000 households, or eight% of the agricultural inhabitants, had received land beneath the agrarian reform program.Red SeaThanks to the installation of drainage techniques a reduction in salinized areas from about 1.2 million hectares in 1972 to hectares in 2010 was achieved. In 1996, the level of water behind the High Dam and in Lake Nasser reached the maximum level because the completion of the dam. Despite this uncommon abundance of water supply, Egypt can only use 55.5 billion cu m (1.96 trillion cu ft) every year, according to the Nile Basin Agreement signed in 1959 between Egypt and Sudan. Another main project designed to address the water shortage problem is the New Valley Project (the "second Nile"), aimed toward development of the massive artesian water supplies underlying the oases of the Western Desert. Irrigation performs a serious role in a rustic the very livelihood of which depends upon a single river, the Nile.