Marsa Matruh is the centre for regional agriculture and livestock. Water in the region is scarce, annual rainfall seldom exceeding 200 mm, but aided by the supplies of local wells. Among the main agricultural products are olives, barley, fruits and even grapes for wine. Tourism has developed into becoming the most important activity in modern times, receiving mainly Egyptians and Libyans. Around the town, a number of great beaches are found. Port activities have also developed into much importance, with exports of minerals from the region.
Historically, Marsa Matruh has been thriving from two main activities, smuggling and sponge harvesting, but both now belong to the past.
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