Dozens of temples survive today, and some have become world-famous tourist attractions that contribute significantly to the modern Egyptian economy.
On the other hand, Egyptian officials have criticized the project as an alleged attempt to harm the Egyptian economy.
Losing that income will give the the Egyptian economy a big jolt.
The Egyptian economy was dominated by private capital until the revolution of 1952.
The Egyptian economy, after growing steadily in the 1990's, is now stagnant, and the unemployment rate keeps rising.
The Canal certainly helped to ruin the fragile Egyptian economy, but it was not wholly responsible.
Until 2003, the Egyptian economy suffered from shortages in foreign currency and excessively elevated interest rates.
The militants' declaration of war on foreign tourists has already threatened an industry that pumps $3 billion a year into the Egyptian economy.
Further social unrest resulted from the government's inability to resolve metastasizing labor disputes threatening the Egyptian economy.
Agriculture is also a large part of the Egyptian economy.