Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
Following a global trend, the expansion of ride-hailing companies in Egypt has skyrocketed. Firms such as San Francisco-based Uber and Dubai-headquartered Careem, which was acquired by the former in late March 2019 for $3.1bn, have taken advantage of Egypt’s large population and increasing smartphone penetration to expand across several of the...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
Despite the important role that railway transportation has had in Egypt’s economic development, and as a means to connect the southern rural areas of Upper Egypt to the more industrialised north, years of underinvestment have led to a diminishing performance of the national network. This has had a significant impact on the system’s safety and...
With concerted efforts aiming to put the country’s economy on a long-term growth path, Egypt has been progressively focusing on improving its transport infrastructure. Better transport networks are not only key to fulfilling the country’s ambitions to raise trade volumes with international markets; they will also be useful to properly manage...
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