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Al Jazeera
Al Jazeera
Business

As economic crisis deepens, will Egypt slow megaprojects down?

The Egyptian pound has lost nearly half its value in less than a year [File: Amr Nabil/AP Photo]

Cairo, Egypt – The Egyptian economy is struggling.

The national currency has lost nearly half its value in less than a year, reaching a historic low of 32 Egyptian pounds to the dollar last week, before bouncing back slightly.

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