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Weekly Edition, Egypt  -  Week of November 25, 2002
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Egypt's long-staple cotton hits 40% of world production
Egyptian cotton comes in the lead at world level atop long staple cotton production.
Egypt, Economics, 11/30/2002

Pre-historic man fossils, found in Qena governorate
Egypt, Local, 11/30/2002

Wheat in Ancient Egypt
Wheat was the main crop in Ancient Egypt says archeologist James Breasted about the founding of the wild wheat in the Nile valley and other countries.
Egypt, History, 11/30/2002

Israel warns its citizens from traveling to 6 countries, including Egypt
The Israeli foreign ministry issued, following the double operation in Kenya, new directives to the Israeli tourists warning them from travelling to six countries which are Thailand; Kenya, South Africa, Ethiopia, Eritrea and Egypt, including Sinai.
Egypt-Israel, Politics, 11/30/2002

Egypt to have highest monitoring and standards for banking sector
The CBE has approved a new list of chartered accountants who will be in charge of auditing the annual financial statements and budgets of commercial banks operating here, he said.
Egypt, Economics, 11/28/2002

CBE to play active role in money market
the new policy depends on transparency in management and reconsidering the regulations of the current monetary policy. The policy aims to achieve three main targets: providing accurate and sufficient information at the right time and curbing contradiction and duplication of duties among various departments of the CBE, said Abul Eiyoun.
Egypt, Economics, 11/28/2002

New monetary policy to achieve interest rate flexibility, says CBE chairman
The new monetary policy in Egypt is designed to turning the Central Bank of Egypt (CBE) from the containment role dealing with its intervention in the monetary market into an active and positive role to achieve flexibility in the interest rate, said CBE chairman Mahmoud Abul Eyoun.
Egypt, Economics, 11/28/2002

Oil sector, restructuring not privatization
On the 27th anniversary of the regaining of the Sinai oil fields in November 17, 1975, Minister of Petroleum Eng. Sameh Fahmi held an open meeting with journalists where explained his ministry's policies and strategies as well as its standing related huge changes and challenges.
Egypt, Economics, 11/28/2002

World Bank underlines readiness to provide Egypt technical assistance
James Wolfensohn, the president of the World Bank, has expressed the bank's readiness to provide the aid requested by Egypt to carrying out social and economic development programmes.
Egypt, Economics, 11/28/2002

Mubarak to Israeli president: A Knight Without A Horse not against Judaism or Israel
The Israeli daily Yediot Ahronot disclosed the latest message by President Mubarak to Israeli President Moshe Katzav, where Mubarak voiced difference in opinion with Katzav on the TV series, as the latter considered it anti-Semitic.
Egypt-Israel, Politics, 11/28/2002

New U.S. investments in petrochemicals
Egypt-USA, Economics, 11/28/2002

Museum to display developments of Pharaonic military empire
Culture Minister Farouq Hosni agreed on setting up the first museum for displaying the developments of the Pharaonic Empire at Luxor museum annex in the context of the ministry plan to extend the setting up of specialized museums.
Egypt, Local, 11/28/2002

Al- Faisal hands message to Mubarak from King; No US pressure concerning Iraq
The Saudi foreign minister prince Saud al-Faisal denied following his meeting with President Hosni Mubarak of Egypt yesterday in Cairo any American pressures on the Arab states concerning the Iraqi issue.
Egypt-Saudi Arabia, Politics, 11/26/2002

Saudi FM, Atomic Energy official in Cairo today
Egypt has called on the US "to maintain an agreement with other members of the Quartet committee for peace and countries concerned on efforts that will be conducive to a peaceful settlement on the grounds declared by the Arab states's peace initiative which can achieve peace through establishing two independent states,"
Egypt-Iraq, Politics, 11/25/2002

Egypt and COMESA trade up
Egypt, Economics, 11/25/2002


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