US embassy in Cairo hails increase in Egyptian investments
Egypt-USA, Economics, 4/9/1999
The annual report released by the US embassy in Cairo confirmed the increase of investments by the Egyptian private sector in projects for navigation, communications, and aviation, in addition to the spread of working by the B.O.T (build-operate-transfer) system, which is considered a positive indicator of progress toward the implementation of privatization by the Egyptian government in all fields, which began in 1986.
The report recorded that the Egyptian budget for 1999/2000 has specified more investments to boost social insurance programs in fields of education, health care and housing.
Egypt and the US are also about to endorse an agreement for upgrading trade and bilateral finance as a main step towards endorsing a free-trade agreement between the two states.
15 countries in the Mediterranean tourism market in Cairo
Talks between Egypt and Libya for air trips
Founding a new bloc for East African countries for stability and commerce
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info