Gaza becoming unexpected destination for Egyptian jobseekers
After the pound's depreciation against the US dollar, some Egyptian workers are fleeing the difficult economic conditions in their country to work in the Gaza Strip so they can send money to their families back home.
GAZA CITY, Gaza Strip — Egyptian construction workers often do not earn enough to cover the basic expenses for themselves and their families, such as food, medicine and clothing.
The value of the Egyptian pound fell in half following the government’s decision to float the Egyptian currency in November and stands at about 18 Egyptian pounds to the US dollar.
