Egypt Egypt Egypt ( ; , , ), officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none
Gaza Strip and the Strip. A serious negative social effect of this downturn was the emergence of high unemployment. For its energy, Gaza is largely dependent on Israel either for import of electricity or fuel for its sole power plant. The Oslo Accords set limits for the Palestinian production and importation of energy. Pursuant to the Accords, the Israel Electric Corporation exclusively supplies the electricity (63% of the total consumption in 2013). The amount of electricity has consistently been limited to 120 megawatts, which is the amount Israel undertook to sell to Gaza pursuant to the Oslo Accords. Israel's use of comprehensive