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Insurance market in syria to invest $ 400 million, expectations say
The total amount of the Syrian inssurance market has is about $ 130 millions today and "we are expecting this to surpass $ 400 millions in the upcoming five years," chairman of an Arab private inssurance company to open shortly in Syria said.
Syria, Business, 10/15/2005
Rasheed: Open markets and free trade a must
Egypt's Minister of Foreign Trade and Industry Eng. Rasheed Mohamed Rasheed said that the developing countries will adopt a trend that reflects their developmental requirements.
Egypt-Regional, Economics, 10/13/2005
4.3 percent increase in Egypt GDP last year
A recent report released by the Central Agency of Public Mobilization and Statistics (CAPMAS) revealed an increase of 4.3 % in Gross Domestic Product in 2004.
Egypt, Economics, 10/13/2005
Syria predicts further tourism cooperation with Turkey
Syria's Minister of Tourism said on Wednesday the development of ties of tourism cooperation between Syria and Turkey are moving rapidly.
Syria-Turkey, Economics, 10/13/2005
EU offer on reduced agriculture tariffs inadequate, US says
US Trade Representative Rob Portman has expressed deep disappointment with a European Union (EU) offer to reduce agricultural tariffs after the United States made what he viewed as a bold offer to cut domestic support to its farmers.
Regional-USA, Economics, 10/13/2005
US waits for substantial agriculture offers from others at WTO
US Trade Representative Rob Portman says the US proposal to World Trade Organization (WTO) agricultural negotiations would require the United States to make substantial real cuts in subsidies to its farmers and other countries to make substantial real improvements in market access for US exports.
Regional-USA, Economics, 10/12/2005
Tishreen: Specialized tourist Airlines to be allowed in syria
Syria's Transport Ministry has ambitious plans and future programs scheduled to be a turning point in the field of land, air and maritime transport, Tishreen daily on Monday quoted the Transport Minister as saying.
Syria, Economics, 10/11/2005
Syrian airlines begins flights to Baghdad
Syrian airlines has launched the first trip to Baghdad on Monday to upgrade ties with Iraq and implement agreements that aimed at regulating trips between the two states.
Syria-Iraq, Economics, 10/11/2005
Tishrin: Syrian premier outlines main economic indicators
Syria's Prime Minister Naji Otari underlined that the Syrian economy is promising and the improvement of the living conditions and the executions of the development plans are strategic goals.
Syria, Economics, 10/10/2005
$1.9 billion foreign direct investments
A recent report released by the Central Bank of Egypt estimated local cash liquidity at LE 505.9 billion in July 2005, up LE 12 billion. Analysts attributed such an increase to the rise in quasi money by LE8.2 billion.
Egypt, Economics, 10/10/2005
Petroleum exports worth LE 32 billion
Value of oil sector exports of oil, natural gas and petrochemicals increased during the fiscal year 2004/2005 to L.E.32 billion compared to L.E.25.6 billion in the FY 2003-2004, up 31%.
Egypt-Jordan, Economics, 10/10/2005
Egypt main destination for sports tourism, Pharaohs Rally participants cover 3,282 km
Participants in the Rally of the Pharaohs covered a distance of 3,282 kilometers in Egypt's desert through a competition that continued for six days. The rally kicked off on October 2nd, 2005, at the Pyramids area in Giza.
Egypt, Economics, 10/10/2005
$ 350 million for new petrochemicals project in Port Said
Egypt's Minister of Petroleum Sameh Fahmi said a number of companies, including E-GAS and GASCO, would start building a new petrochemicals project to produce propylene and polypropylene with an annual capacity of 350 thousand tons and an investment cost of $350 million.
Egypt, Economics, 10/10/2005
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