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After American oil hits highest records, Iraqi oil exports return back to normalcy
One official at the Iraqi southern oil company yesterday announced the return back of Iraq's oil exports to flow at normal rates following the resumption of complete pumping of oil through the two main oil pipelines from the southern oil fields to the two ports of Basra and Khour al-Amya, after one of the two lines was assaulted on Monday.
Iraq, Economics, 8/14/2004
Ghali: government to take serious decisions to address budget deficit
Egypt's Minister of Finance Youssef Boutros Ghali said that the budget deficit is not a source of concern to the government.
Egypt, Economics, 8/14/2004
Oil price in exceeds 46 dollars per barrel
Oil price yesterday recorded a new increase in New York to exceed 46 dollars per one Barrel for the first time yesterday to break the record of 45.75 per barrel.
Regional, Economics, 8/14/2004
Egypt-India cooperation in IT, trade enhanced
The Egyptian-Indian Businessmen Council will meet in the Indian capital during the visit by the Egyptian delegation next month.
Egypt-India, Economics, 8/14/2004
Iraqi oil exports decrease by half as a result of threats
Naval sources stressed the decrease in Iraqi oil exports to their half common levels on Thursday as a result of threats made by al-Mahdi army militias that resulted in keeping the main export pipelines blocked.
Iraq, Economics, 8/13/2004
Syrian-Lebanese Ministerial Committee for Water
Syria and Lebanon Thursday said they agreed to set up a joint dam on the Southern Big river to best invest water in both states.
Syria-Lebanon, Economics, 8/13/2004
Crude Brent registers highest prices
Crude Brent oil in London on Thursday registered a standard figure and reached 42 dollars per barrel because of doubts over world oil reserves.
Regional, Economics, 8/13/2004
Al-Nueimi: We produce 9.3 million barrels of oil daily, increasable
Saudi Arabia's minister of oil, Ali al-Nueimi, yesterday stressed that his country, the largest exporter for oil in the world, increased its production of crude oil at a large pace in the last three months so as to reach 9.3 million barrels, in average daily, noting its readiness to increase its production by 1.3 million barrels daily immediately
Saudi Arabia, Economics, 8/12/2004
Rashid: Lifting iron dumping fees, economic decision not political
He stressed that he works against any kind of monopoly whether committed by the state-owned companies or the private sector for the interest of the Egyptian citizen's right to obtain good quality commodities at affordable prices
Egypt, Economics, 8/12/2004
Lebanese-Syrian Irrigation Ministers inspect joint dam projects
Syria's Minister of Irrigation, Nader Bunni, and Lebanese Minister of Waters and Power, Ayyoub Hamid, on Wednesday inspected dams in the western areas of Homs, central Syria and the site of the proposed dam on the Great Southern River.
Syria-Lebanon, Economics, 8/12/2004
Gas station fire continues in Egypt
Flares of the fire that erupted in al-Timsah sea station for gas exploration off Port Saeed city, at the northern entrance of the Swiss Canal in Egypt, continued yesterday for the second running day.
Egypt, Economics, 8/12/2004
government to spur private sector, stamp out unfair competition
The government will soon take measures to encourage private investors to launch industrial ventures, Minister of Industry and Foreign Trade, Rashid Mohammed Rashid announced yesterday.
Egypt, Economics, 8/12/2004
Iraq looses 30 million dollars daily because of oil line block
The Interim Iraqi government yesterday estimated the country's losses as a result of blocking one of the two main oil pipelines in southern Iraq following threats to attack, at 30 million dollars daily as its closure will lead to a decrease in oil exports to the half.
Iraq, Economics, 8/12/2004
E-marketing project for women
The Egyptian Women's Scientific Association yesterday signed an agreement with General Dynamics Company for Communications and Information Technology to set up an e-marketing center for women.
Egypt-USA, Economics, 8/12/2004
New privatization program early September
Egypt's Minister of Investment Mahmoud Mohieddin said a new privatization program would be drawn up early September after revising the status of all public-sector companies.
Egypt, Economics, 8/11/2004
Syrian- Lebanese gas pipeline to be completed soon
Lebanon's Energy and Water Minister Ayoub Humayed asserted on Monday that the Syrian-Lebanese gas pipeline would be completed within three months.
Lebanon-Syria, Economics, 8/11/2004
Jordanian minister thanks Syria and Egypt over electricity support
Official Spokeswoman for the Jordanian government Ms. Asma Khudr on Tuesday thanked Syria and Egypt for offering to help in the crisis of power cuts in Jordan Monday evening.
Jordan-Regional, Economics, 8/11/2004
Measures to attract tourism investors in Syria
Syria's Tourism Minister Saadullah Aga al-Qalaa Tuesday conferred with a number of Arab investors means of establishing tourist investments in Syria, and opportunities of preparing economic feasibility in light of the increasing number of tourists in Syria.
Syria-Regional, Economics, 8/11/2004
Cabinet to probe new water resources
Egypt's Minister of Irrigation and Water Resources Mahmoud Abu Zeid presented on Tuesday a new plan to the cabinet for developing water resources till 2017, in a way coping with international changes and population increase at a cost of L.E. 122 billion.
Egypt, Economics, 8/11/2004
First Islamic bank set to open in Britain
British financial authorities have given the green light to the opening of the first Islamic Bank in Great Britain.
Regional-UK, Economics, 8/11/2004
$ 150 million in projected increase of Egypt's exports to Canada
Egypt's Trade Representation Bureau in Ottawa, Canada, called on Egypt to sign a bilateral free trade agreement so as to enhance exportation between the two countries.
Egypt-Canada, Economics, 8/10/2004
Switzerland imposes fees on products of the Israeli settlements
The spokeswoman for the state's secretariat for economic affairs Rita Baldeher said yesterday that Switzerland decided to impose temporarily fees on the Israeli exports which are suspected to have come from settlements built on the Palestinian lands.
Israel-Switzerland, Economics, 8/9/2004
Israel's exports to the Arab states increase at 68%
The Israeli exports center to the Arab states announced that exports to the Arab states in the first half of this year increased by 68% in comparison with the same period of 2003.
Regional-Israel, Economics, 8/9/2004
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