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Africa :: EGYPT
PAGE LAST UPDATED ON DECEMBER 19, 2016
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Introduction :: EGYPT
Background: (../docs/notesanddefs.html?fieldkey=2028&term=Background) (../fields/2028.html#eg)
The regularity and richness of the annual Nile River flood, coupled with semi-isolation provided by deserts to the east
and west, allowed for the development of one of the world's great civilizations. A unified kingdom arose circa 3200 B.C., and a
series of dynasties ruled in Egypt for the next three millennia. The last native dynasty fell to the Persians in 341 B.C., who in
turn were replaced by the Greeks, Romans, and Byzantines. It was the Arabs who introduced Islam and the Arabic language
in the 7th century and who ruled for the next six centuries. A local military caste, the Mamluks took control about 1250 and
continued to govern after the conquest of Egypt by the Ottoman Turks in 1517. Completion of the Suez Canal in 1869
elevated Egypt as an important world transportation hub. Ostensibly to protect its investments, Britain seized control of Egypt's
government in 1882, but nominal allegiance to the Ottoman Empire continued until 1914. Partially independent from the UK in
1922, Egypt acquired full sovereignty from Britain in 1952. The completion of the Aswan High Dam in 1971 and the resultant
Lake Nasser have altered the time-honored place of the Nile River in the agriculture and ecology of Egypt. A rapidly growing
population (the largest in the Arab world), limited arable land, and dependence on the Nile all continue to overtax resources
and stress society. The government has struggled to meet the demands of Egypt's population through economic reform and
massive investment in communications and physical infrastructure.
Inspired by the 2010 Tunisian revolution, Egyptian opposition groups led demonstrations and labor strikes countrywide,
culminating in President Hosni MUBARAK's ouster. Egypt's military assumed national leadership until a new parliament was in
place in early 2012; later that same year, Mohammed MORSI won the presidential election. Following often violent protests
throughout the spring of 2013 against MORSI's government and the Muslim Brotherhood, the Egyptian Armed Forces
intervened and removed MORSI from power in July 2013 and replaced him with interim president Adly MANSOUR. In January
2014, voters approved a new constitution by referendum and in May 2014 elected Abdel Fattah EL SISI president. Egypt
elected a new legislature in December 2015, the first parliament since 2012.
Geography :: EGYPT
Location: (../docs/notesanddefs.html?fieldkey=2144&term=Location) (../fields/2144.html#eg)
Northern Africa, bordering the Mediterranean Sea, between Libya and the Gaza Strip, and the Red Sea north of Sudan,
and includes the Asian Sinai Peninsula
Geographic coordinates: (../docs/notesanddefs.html?fieldkey=2011&term=Geographic coordinates)
(../fields/2011.html#eg)
27 00 N, 30 00 E
Map references: (../docs/notesanddefs.html?fieldkey=2145&term=Map references) (../fields/2145.html#eg)
Africa
Area: (../docs/notesanddefs.html?fieldkey=2147&term=Area) (../fields/2147.html#eg)
total: 1,001,450 sq km
land: 995,450 sq km
water: 6,000 sq km
country comparison to the world: 30 (../rankorder/2147rank.html#eg)
Area - comparative: (../docs/notesanddefs.html?fieldkey=2023&term=Area - comparative) (../fields/2023.html#eg)
more than eight times the size of Ohio; slightly more than three times the size of New Mexico
religious affiliation:
population pyramid:
Economy :: EGYPT
Economy - overview: (../docs/notesanddefs.html?fieldkey=2116&term=Economy - overview) (../fields/2116.html#eg)
Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most
economic activity takes place. Egypt's economy was highly centralized during the rule of former President Gamal Abdel
NASSER but opened up considerably under former Presidents Anwar EL-SADAT and Mohamed Hosni MUBARAK.
Cairo from 2004 to 2008 pursued business climate reforms to attract foreign investment and facilitate growth. Poor living
conditions and limited job opportunities for the average Egyptian contribute to public discontent, a major factor leading to the
January 2011 revolution that ousted MUBARAK. The uncertain political, security, and policy environment since 2011 caused
economic growth to slow significantly, hurting tourism, manufacturing, and other sectors and pushing up unemployment.
Weak growth and limited foreign exchange earnings have made public finances unsustainable, leaving authorities dependent
on expensive borrowing for deficit finance and on Gulf allies to help cover the import bill. In 2015, higher levels of foreign
investment contributed to a slight rebound in GDP growth after a particularly depressed post-revolution period.
GDP (purchasing power parity): (../docs/notesanddefs.html?fieldkey=2001&term=GDP (purchasing power parity))
(../fields/2001.html#eg)
$1.048 trillion (2015 est.)
$1.006 trillion (2014 est.)
$984 billion (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 24 (../rankorder/2001rank.html#eg)
GDP (official exchange rate): (../docs/notesanddefs.html?fieldkey=2195&term=GDP (official exchange rate))
(../fields/2195.html#eg)
$330.8 billion (2015 est.)
GDP - real growth rate: (../docs/notesanddefs.html?fieldkey=2003&term=GDP - real growth rate)
(../fields/2003.html#eg)
4.2% (2015 est.)
2.2% (2014 est.)
2.1% (2013 est.)
country comparison to the world: 60 (../rankorder/2003rank.html#eg)
GDP - per capita (PPP): (../docs/notesanddefs.html?fieldkey=2004&term=GDP - per capita (PPP))
(../fields/2004.html#eg)
$11,800 (2015 est.)
$11,600 (2014 est.)
$11,600 (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 125 (../rankorder/2004rank.html#eg)
Gross national saving: (../docs/notesanddefs.html?fieldkey=2260&term=Gross national saving) (../fields/2260.html#eg)
9.1% of GDP (2015 est.)
11.8% of GDP (2014 est.)
13% of GDP (2013 est.)
country comparison to the world: 151 (../rankorder/2260rank.html#eg)
GDP - composition, by end use: (../docs/notesanddefs.html?fieldkey=2259&term=GDP - composition, by end use)
(../fields/2259.html#eg)
household consumption: 82.2%
government consumption: 11.8%
investment in fixed capital: 13.7%
investment in inventories: 0.6%
exports of goods and services: 13.2%
imports of goods and services: -21.6% (2015 est.)
GDP - composition, by sector of origin: (../docs/notesanddefs.html?fieldkey=2012&term=GDP - composition, by sector of
origin) (../fields/2012.html#eg)
agriculture: 11.2%
industry: 36.3%
services: 52.5% (2015 est.)
Agriculture - products: (../docs/notesanddefs.html?fieldkey=2052&term=Agriculture - products) (../fields/2052.html#eg)
cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats
Industries: (../docs/notesanddefs.html?fieldkey=2090&term=Industries) (../fields/2090.html#eg)
textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light
manufactures
Industrial production growth rate: (../docs/notesanddefs.html?fieldkey=2089&term=Industrial production growth rate)
(../fields/2089.html#eg)
0.8% (2015 est.)
country comparison to the world: 153 (../rankorder/2089rank.html#eg)
Labor force: (../docs/notesanddefs.html?fieldkey=2095&term=Labor force) (../fields/2095.html#eg)
31.14 million (2015 est.)
country comparison to the world: 20 (../rankorder/2095rank.html#eg)
Labor force - by occupation: (../docs/notesanddefs.html?fieldkey=2048&term=Labor force - by occupation)
(../fields/2048.html#eg)
agriculture: 29.2%
industry: 23.5%
services: 47.3% (2013 est.)
Unemployment rate: (../docs/notesanddefs.html?fieldkey=2129&term=Unemployment rate) (../fields/2129.html#eg)
12.8% (2015 est.)
13% (2014 est.)
country comparison to the world: 140 (../rankorder/2129rank.html#eg)
Population below poverty line: (../docs/notesanddefs.html?fieldkey=2046&term=Population below poverty line)
(../fields/2046.html#eg)
25.2% (2011 est.)
Household income or consumption by percentage share: (../docs/notesanddefs.html?fieldkey=2047&term=Household income
or consumption by percentage share) (../fields/2047.html#eg)
lowest 10%: 4%
highest 10%: 26.6% (2008)
Distribution of family income - Gini index: (../docs/notesanddefs.html?fieldkey=2172&term=Distribution of family income - Gini
index) (../fields/2172.html#eg)
30.8 (2008)
32.1 (2005)
country comparison to the world: 116 (../rankorder/2172rank.html#eg)
Budget: (../docs/notesanddefs.html?fieldkey=2056&term=Budget) (../fields/2056.html#eg)
revenues: $69.02 billion
expenditures: $107.7 billion (2015 est.)
Taxes and other revenues: (../docs/notesanddefs.html?fieldkey=2221&term=Taxes and other revenues)
(../fields/2221.html#eg)
20.9% of GDP (2015 est.)
country comparison to the world: 152 (../rankorder/2221rank.html#eg)
Budget surplus (+) or deficit (-): (../docs/notesanddefs.html?fieldkey=2222&term=Budget surplus (+) or deficit (-))
(../fields/2222.html#eg)
-11.7% of GDP (2015 est.)
country comparison to the world: 204 (../rankorder/2222rank.html#eg)
Public debt: (../docs/notesanddefs.html?fieldkey=2186&term=Public debt) (../fields/2186.html#eg)
90.2% of GDP (2015 est.)
89.1% of GDP (2014 est.)
note: data cover central government debt and include debt instruments issued (or owned) by government entities other than
the treasury, treasury debt held by foreign entities, debt issued by subnational entities, as well as intra-governmental debt;
intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical
care, and unemployment; debt instruments for the social funds are sold at public auctions
country comparison to the world: 19 (../rankorder/2186rank.html#eg)
Fiscal year: (../docs/notesanddefs.html?fieldkey=2080&term=Fiscal year) (../fields/2080.html#eg)
1 July - 30 June
Inflation rate (consumer prices): (../docs/notesanddefs.html?fieldkey=2092&term=Inflation rate (consumer prices))
(../fields/2092.html#eg)
10.4% (2015 est.)
10.1% (2014 est.)
country comparison to the world: 212 (../rankorder/2092rank.html#eg)
Central bank discount rate: (../docs/notesanddefs.html?fieldkey=2207&term=Central bank discount rate)
(../fields/2207.html#eg)
9.75% (30 October 2014)
8.75% (5 December 2013)
country comparison to the world: 26 (../rankorder/2207rank.html#eg)
Commercial bank prime lending rate: (../docs/notesanddefs.html?fieldkey=2208&term=Commercial bank prime lending rate)
(../fields/2208.html#eg)
11.63% (31 December 2015 est.)
11.71% (31 December 2014 est.)
country comparison to the world: 69 (../rankorder/2208rank.html#eg)
Stock of narrow money: (../docs/notesanddefs.html?fieldkey=2214&term=Stock of narrow money)
(../fields/2214.html#eg)
$66.49 billion (31 December 2015 est.)
$62.34 billion (31 December 2014 est.)
country comparison to the world: 44 (../rankorder/2214rank.html#eg)
Stock of broad money: (../docs/notesanddefs.html?fieldkey=2215&term=Stock of broad money) (../fields/2215.html#eg)
$245.5 billion (31 December 2015 est.)
$224.7 billion (31 December 2014 est.)
country comparison to the world: 41 (../rankorder/2215rank.html#eg)
Stock of domestic credit: (../docs/notesanddefs.html?fieldkey=2211&term=Stock of domestic credit)
(../fields/2211.html#eg)
$297.4 billion (31 December 2015 est.)
$259.3 billion (31 December 2014 est.)
country comparison to the world: 38 (../rankorder/2211rank.html#eg)
Market value of publicly traded shares: (../docs/notesanddefs.html?fieldkey=2200&term=Market value of publicly traded
shares) (../fields/2200.html#eg)
$73.04 billion (31 December 2015 est.)
$58.01 billion (31 December 2014 est.)
$48.68 billion (31 December 2013 est.)
country comparison to the world: 49 (../rankorder/2200rank.html#eg)
Current account balance: (../docs/notesanddefs.html?fieldkey=2187&term=Current account balance)
(../fields/2187.html#eg)
-$12.18 billion (2015 est.)
-$2.356 billion (2014 est.)
country comparison to the world: 180 (../rankorder/2187rank.html#eg)
Exports: (../docs/notesanddefs.html?fieldkey=2078&term=Exports) (../fields/2078.html#eg)
$19.03 billion (2015 est.)
$25.27 billion (2014 est.)
country comparison to the world: 70 (../rankorder/2078rank.html#eg)
Exports - commodities: (../docs/notesanddefs.html?fieldkey=2049&term=Exports - commodities) (../fields/2049.html#eg)
crude oil and petroleum products, fruits and vegetables, cotton, textiles, metal products, chemicals, processed food
Exports - partners: (../docs/notesanddefs.html?fieldkey=2050&term=Exports - partners) (../fields/2050.html#eg)
Saudi Arabia 9.1%, Italy 7.5%, Turkey 5.8%, UAE 5.1%, US 5.1%, UK 4.4%, India 4.1% (2015)
Imports: (../docs/notesanddefs.html?fieldkey=2087&term=Imports) (../fields/2087.html#eg)
$57.17 billion (2015 est.)
$64.45 billion (2014 est.)
country comparison to the world: 47 (../rankorder/2087rank.html#eg)
Imports - commodities: (../docs/notesanddefs.html?fieldkey=2058&term=Imports - commodities) (../fields/2058.html#eg)
machinery and equipment, foodstuffs, chemicals, wood products, fuels
Imports - partners: (../docs/notesanddefs.html?fieldkey=2061&term=Imports - partners) (../fields/2061.html#eg)
China 13%, Germany 7.7%, US 5.9%, Turkey 4.5%, Russia 4.4%, Italy 4.4%, Saudi Arabia 4.1% (2015)
Reserves of foreign exchange and gold: (../docs/notesanddefs.html?fieldkey=2188&term=Reserves of foreign exchange and
gold) (../fields/2188.html#eg)
$15.49 billion (31 December 2015 est.)
$14.45 billion (31 December 2014 est.)
country comparison to the world: 65 (../rankorder/2188rank.html#eg)
Debt - external: (../docs/notesanddefs.html?fieldkey=2079&term=Debt - external) (../fields/2079.html#eg)
$44.61 billion (31 December 2015 est.)
$39.62 billion (31 December 2014 est.)
country comparison to the world: 65 (../rankorder/2079rank.html#eg)
Stock of direct foreign investment - at home: (../docs/notesanddefs.html?fieldkey=2198&term=Stock of direct foreign
investment - at home) (../fields/2198.html#eg)
$89.65 billion (31 December 2015 est.)
$84.39 billion (31 December 2014 est.)
country comparison to the world: 48 (../rankorder/2198rank.html#eg)
Stock of direct foreign investment - abroad: (../docs/notesanddefs.html?fieldkey=2199&term=Stock of direct foreign
investment - abroad) (../fields/2199.html#eg)
$7.362 billion (31 December 2015 est.)
$6.839 billion (31 December 2014 est.)
country comparison to the world: 65 (../rankorder/2199rank.html#eg)
Exchange rates: (../docs/notesanddefs.html?fieldkey=2076&term=Exchange rates) (../fields/2076.html#eg)
Egyptian pounds (EGP) per US dollar -
7.7133 (2015 est.)
7.08 (2014 est.)
7.08 (2013 est.)
6.06 (2012 est.)
5.9358 (2011 est.)
Energy :: EGYPT
Electricity access: (../docs/notesanddefs.html?fieldkey=2268&term=Electricity access) (../fields/2268.html#eg)
population without electricity: 300,000
electrification - total population: 99.6%
electrification - urban areas: 100%
electrification - rural areas: 99.3% (2013)
Electricity - production: (../docs/notesanddefs.html?fieldkey=2232&term=Electricity - production) (../fields/2232.html#eg)
162 billion kWh (2014 est.)
country comparison to the world: 26 (../rankorder/2232rank.html#eg)
Electricity - consumption: (../docs/notesanddefs.html?fieldkey=2233&term=Electricity - consumption)
(../fields/2233.html#eg)
143 billion kWh (2014 est.)
country comparison to the world: 26 (../rankorder/2233rank.html#eg)
Electricity - exports: (../docs/notesanddefs.html?fieldkey=2234&term=Electricity - exports) (../fields/2234.html#eg)
500 million kWh (2014 est.)
country comparison to the world: 49 (../rankorder/2234rank.html#eg)
Electricity - imports: (../docs/notesanddefs.html?fieldkey=2235&term=Electricity - imports) (../fields/2235.html#eg)
81 million kWh (2014 est.)
country comparison to the world: 97 (../rankorder/2235rank.html#eg)
Electricity - installed generating capacity: (../docs/notesanddefs.html?fieldkey=2236&term=Electricity - installed generating
capacity) (../fields/2236.html#eg)
38 million kW (2014 est.)
country comparison to the world: 32 (../rankorder/2236rank.html#eg)
Electricity - from fossil fuels: (../docs/notesanddefs.html?fieldkey=2237&term=Electricity - from fossil fuels)
(../fields/2237.html#eg)
87.7% of total installed capacity (2012 est.)
country comparison to the world: 81 (../rankorder/2237rank.html#eg)
Electricity - from nuclear fuels: (../docs/notesanddefs.html?fieldkey=2239&term=Electricity - from nuclear fuels)
(../fields/2239.html#eg)
0% of total installed capacity (2012 est.)
country comparison to the world: 83 (../rankorder/2239rank.html#eg)
Electricity - from hydroelectric plants: (../docs/notesanddefs.html?fieldkey=2238&term=Electricity - from hydroelectric plants)
(../fields/2238.html#eg)
9.5% of total installed capacity (2012 est.)
country comparison to the world: 118 (../rankorder/2238rank.html#eg)
Electricity - from other renewable sources: (../docs/notesanddefs.html?fieldkey=2240&term=Electricity - from other renewable
sources) (../fields/2240.html#eg)
2.8% of total installed capacity (2012 est.)
country comparison to the world: 74 (../rankorder/2240rank.html#eg)
Crude oil - production: (../docs/notesanddefs.html?fieldkey=2241&term=Crude oil - production) (../fields/2241.html#eg)
511,600 bbl/day (2015 est.)
country comparison to the world: 29 (../rankorder/2241rank.html#eg)
Crude oil - exports: (../docs/notesanddefs.html?fieldkey=2242&term=Crude oil - exports) (../fields/2242.html#eg)
193,400 bbl/day (2013 est.)
country comparison to the world: 31 (../rankorder/2242rank.html#eg)
Crude oil - imports: (../docs/notesanddefs.html?fieldkey=2243&term=Crude oil - imports) (../fields/2243.html#eg)
59,600 bbl/day (2013 est.)
country comparison to the world: 49 (../rankorder/2243rank.html#eg)
Crude oil - proved reserves: (../docs/notesanddefs.html?fieldkey=2244&term=Crude oil - proved reserves)
(../fields/2244.html#eg)
4.4 billion bbl (1 January 2016 es)
country comparison to the world: 26 (../rankorder/2244rank.html#eg)
Refined petroleum products - production: (../docs/notesanddefs.html?fieldkey=2245&term=Refined petroleum products -
production) (../fields/2245.html#eg)
547,800 bbl/day (2013 est.)
country comparison to the world: 37 (../rankorder/2245rank.html#eg)
Refined petroleum products - consumption: (../docs/notesanddefs.html?fieldkey=2246&term=Refined petroleum products -
consumption) (../fields/2246.html#eg)
797,000 bbl/day (2014 est.)
country comparison to the world: 25 (../rankorder/2246rank.html#eg)
Refined petroleum products - exports: (../docs/notesanddefs.html?fieldkey=2247&term=Refined petroleum products -
exports) (../fields/2247.html#eg)
45,500 bbl/day (2013 est.)
country comparison to the world: 49 (../rankorder/2247rank.html#eg)
Refined petroleum products - imports: (../docs/notesanddefs.html?fieldkey=2248&term=Refined petroleum products -
imports) (../fields/2248.html#eg)
215,600 bbl/day (2013 est.)
country comparison to the world: 33 (../rankorder/2248rank.html#eg)
Natural gas - production: (../docs/notesanddefs.html?fieldkey=2249&term=Natural gas - production)
(../fields/2249.html#eg)
48.8 billion cu m (2014 est.)
country comparison to the world: 17 (../rankorder/2249rank.html#eg)
Natural gas - consumption: (../docs/notesanddefs.html?fieldkey=2250&term=Natural gas - consumption)
(../fields/2250.html#eg)
48.08 billion cu m (2014 est.)
country comparison to the world: 14 (../rankorder/2250rank.html#eg)
Natural gas - exports: (../docs/notesanddefs.html?fieldkey=2251&term=Natural gas - exports) (../fields/2251.html#eg)
720 million cu m (2014 est.)
country comparison to the world: 32 (../rankorder/2251rank.html#eg)
Natural gas - imports: (../docs/notesanddefs.html?fieldkey=2252&term=Natural gas - imports) (../fields/2252.html#eg)
2.832 billion cu m (2013 est.)
country comparison to the world: 43 (../rankorder/2252rank.html#eg)
Natural gas - proved reserves: (../docs/notesanddefs.html?fieldkey=2253&term=Natural gas - proved reserves)
(../fields/2253.html#eg)
2.186 trillion cu m (1 January 2016 es)
country comparison to the world: 17 (../rankorder/2253rank.html#eg)
Carbon dioxide emissions from consumption of energy: (../docs/notesanddefs.html?fieldkey=2254&term=Carbon dioxide
emissions from consumption of energy) (../fields/2254.html#eg)
207 million Mt (2013 est.)
country comparison to the world: 29 (../rankorder/2254rank.html#eg)
Communications :: EGYPT
Transportation :: EGYPT
Military and Security :: EGYPT
Transnational Issues :: EGYPT
Disputes - international: (../docs/notesanddefs.html?fieldkey=2070&term=Disputes - international)
(../fields/2070.html#eg)
Sudan claims but Egypt de facto administers security and economic development of Halaib region north of the 22nd parallel
boundary; Egypt no longer shows its administration of the Bir Tawil trapezoid in Sudan on its maps; Gazan breaches in the
security wall with Egypt in January 2008 highlight difficulties in monitoring the Sinai border; Saudi Arabia claims Egyptian-
administered islands of Tiran and Sanafir
Refugees and internally displaced persons: (../docs/notesanddefs.html?fieldkey=2194&term=Refugees and internally
displaced persons) (../fields/2194.html#eg)
refugees (country of origin): 70,021 (West Bank and Gaza Strip); 11,296 (Sudan) (2015); 115,204 (Syria); 6,231
(Somalia) (2016)
IDPs: 78,000 (2015)
stateless persons: 22 (2015)
Trafficking in persons: (../docs/notesanddefs.html?fieldkey=2196&term=Trafficking in persons) (../fields/2196.html#eg)
current situation: Egypt is a source, transit, and destination country for men, women, and children subjected to sex
trafficking and forced labor; Egyptian children, including the large population of street children are vulnerable to forced labor in
domestic service, begging and agriculture or may be victims of sex trafficking or child sex tourism, which occurs in Cairo,
Alexandria, and Luxor; some Egyptian women and girls are sold into “temporary” or “summer” marriages with Gulf men,
through the complicity of their parents or marriage brokers, and are exploited for prostitution or forced labor; Egyptian men are
subject to forced labor in neighboring countries, while adults from South and Southeast Asia and East Africa – and
increasingly Syrian refugees – are forced to work in domestic service, construction, cleaning, and begging in Egypt; women
and girls, including migrants and refugees, from Asia, sub-Saharan Africa, and the Middle East are sex trafficked in Egypt; the
Egyptian military cracked down on criminal group’s smuggling, abducting, trafficking, and extorting African migrants in the
Sinai Peninsula, but the practice has reemerged in along Egypt’s western border with Libya
tier rating: Tier 2 Watch List – Egypt does not fully comply with the minimum standards for the elimination of trafficking;
however, it is making significant efforts to do so; the government gathered data nationwide on trafficking cases to better
allocated and prioritize anti-trafficking efforts, but overall it did not demonstrate increased progress; prosecutions increased in
2014, but no offenders were convicted for the second consecutive year; fewer trafficking victims were identified in 2014, which
represents a significant and ongoing decrease from the previous two reporting periods; the government relied on NGOs and
international organizations to identify and refer victims to protective services, and focused on Egyptian victims and refused to
provide some services to foreign victims, at times including shelter (2015)
Illicit drugs: (../docs/notesanddefs.html?fieldkey=2086&term=Illicit drugs) (../fields/2086.html#eg)
transit point for cannabis, heroin, and opium moving to Europe, Israel, and North Africa; transit stop for Nigerian drug
couriers; concern as money laundering site due to lax enforcement of financial regulations
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