Identifier
Created
Classification
Origin
09CAIRO1874
2009-09-30 14:33:00
UNCLASSIFIED
Embassy Cairo
Cable title:
EGYPT'S ECONOMY: SEMPTEMBER 30 PRESS ROUND-UP
how-toVZCZCXYZ0006 RR RUEHWEB DE RUEHEG #1874 2731433 ZNR UUUUU ZZH R 301433Z SEP 09 FM AMEMBASSY CAIRO TO RUEHC/SECSTATE WASHDC 3731 INFO RUCPDOC/DEPT OF COMMERCE WASHDC RUEATRS/DEPT OF TREASURY WASHDC RUEHRC/DEPT OF AGRICULTURE WASHINGTON DC
UNCLAS CAIRO 001874
SIPDIS
STATE FOR NEA/ELA
E.O. 12958: N/A
TAGS: ECON ETRD EAGR EPET PGOV EG
SUBJECT: EGYPT'S ECONOMY: SEMPTEMBER 30 PRESS ROUND-UP
UNCLAS CAIRO 001874
SIPDIS
STATE FOR NEA/ELA
E.O. 12958: N/A
TAGS: ECON ETRD EAGR EPET PGOV EG
SUBJECT: EGYPT'S ECONOMY: SEMPTEMBER 30 PRESS ROUND-UP
1. (U) The following are notable economic news stories that appeared
over the past week in the Egyptian press:
--------------
Exports to Agadir Member States up 22%
--------------
2. (U) The Ministry of Trade and Industry reported that Egypt's
exports to its trading partners under the Arab Mediterranean Free
Trade Agreement (Agadir Agreement)were US$586 million from January
to May 2009, a 22% rise compared to the same period in 2008. Egypt
signed the Agadir Agreement in 2004 along with Jordan, Tunisia and
Morocco. (Al Ahram, 9/20/2009).
--------------
Egypt Has 50 Million Cell Phone Users
--------------
3. (U) According to a report published by the Ministry of
Telecommunication and Information Technology (MCIT),the number of
Egyptian mobile phone subscribers reached 50 million. This
represents an increase of more than 14 million over last year. The
number of internet users was reported at 13.7 million, though only a
fraction, 900,000 users, had broadband internet service. (Al Ahram,
9/23/2009).
--------------
Egypt's Oil Production Up
--------------
4. (U) Minister of Petroleum, Sameh Fahmi, released new figures on
Egypt's crude oil production. According to Fahmi, Egypt now produces
700,000 barrels per day (up from 620,000 barrels in 2008) and that
Egypt's oil reserves amount to 4.4 billion barrels (Al Ahram,
9/22/2009).
--------------
Liberalizing Irrigation
--------------
5. (U) The Ministry of Irrigation has prepared a draft law that
would allow the participation of private organizations in the
management of underground water and river water. The new law will
allow for and regulate the participation of users in decisions on
water use and maintenance of canals-- an area which has been the
exclusive purview of the Ministry. (Al Shorouk, Al Masry Al Youm,
9/23/2009)
--------------
H1N1 Cases in Egyptian Prisons
--------------
6. (U) Egyptian state security has raised its state of alert because
of cases of the H1N1 virus detected in prisons and detention cells.
(Al-Arabiya Net 9/27/09).
SCOBEY
SIPDIS
STATE FOR NEA/ELA
E.O. 12958: N/A
TAGS: ECON ETRD EAGR EPET PGOV EG
SUBJECT: EGYPT'S ECONOMY: SEMPTEMBER 30 PRESS ROUND-UP
1. (U) The following are notable economic news stories that appeared
over the past week in the Egyptian press:
--------------
Exports to Agadir Member States up 22%
--------------
2. (U) The Ministry of Trade and Industry reported that Egypt's
exports to its trading partners under the Arab Mediterranean Free
Trade Agreement (Agadir Agreement)were US$586 million from January
to May 2009, a 22% rise compared to the same period in 2008. Egypt
signed the Agadir Agreement in 2004 along with Jordan, Tunisia and
Morocco. (Al Ahram, 9/20/2009).
--------------
Egypt Has 50 Million Cell Phone Users
--------------
3. (U) According to a report published by the Ministry of
Telecommunication and Information Technology (MCIT),the number of
Egyptian mobile phone subscribers reached 50 million. This
represents an increase of more than 14 million over last year. The
number of internet users was reported at 13.7 million, though only a
fraction, 900,000 users, had broadband internet service. (Al Ahram,
9/23/2009).
--------------
Egypt's Oil Production Up
--------------
4. (U) Minister of Petroleum, Sameh Fahmi, released new figures on
Egypt's crude oil production. According to Fahmi, Egypt now produces
700,000 barrels per day (up from 620,000 barrels in 2008) and that
Egypt's oil reserves amount to 4.4 billion barrels (Al Ahram,
9/22/2009).
--------------
Liberalizing Irrigation
--------------
5. (U) The Ministry of Irrigation has prepared a draft law that
would allow the participation of private organizations in the
management of underground water and river water. The new law will
allow for and regulate the participation of users in decisions on
water use and maintenance of canals-- an area which has been the
exclusive purview of the Ministry. (Al Shorouk, Al Masry Al Youm,
9/23/2009)
--------------
H1N1 Cases in Egyptian Prisons
--------------
6. (U) Egyptian state security has raised its state of alert because
of cases of the H1N1 virus detected in prisons and detention cells.
(Al-Arabiya Net 9/27/09).
SCOBEY