Arabic News Weekly Edition for Economics, 7/5/2004
Weekly Edition, Economics - Week of July 5, 2004
- Egyptian financial reform experiment in focus
Since the early beginning of the year 1998-1999, a host of major challenges emerged posing heavy burdens on Egypt's economy, including an increased deficit in the general budget, a big increase in the volume of public investments besides the ascending rate of the public debt and its service burdens. Egypt, Economics, 7/7/2004 - Egypt fit to be key player in gas market
Egypt would be a key player in gas market in the world thanks to reserves, said Petroleum Minister Sameh Fahmy. Egypt, Economics, 7/7/2004 - French companies clinch 10 billion euro oil contracts in Egypt
The French oil companies have recently signed a deal with the Egyptian government whereby they would obtain concessions for oil exploration in the Egyptian territories for a period of 20 years at a total cost of 10 billion euro, or 500 million euro annually, said the French Embassy's Economic Counselor, Herve Piquet. Egypt-France, Economics, 7/7/2004 - Egypt ranks first in fish-production in Mediterranean Egypt, Economics, 7/7/2004
- Morocco, France exchanges estimated at 5.2 Billion Euro in 2003 Morocco-France, Economics, 7/6/2004
- Comprehensive plan for developing water resources in Sinai
Egypt's Minister of Water Resources and Irrigation Mahmoud Abu Zeid said his ministry is now carrying out an all-out plan to develop the underground water resources in Sinai and to expand the project of irrigation and sanitation with total investments amounting to L.E. 54 million. Egypt, Economics, 7/5/2004