Monday, May 18, 2015

In meeting the economic ministerial group: - study the impact of the fall in world oil prices vogue

Country: Details Mahlab Group meeting Alaguetsadah..drash Alpetrol..osd impact of declining prices of electricity needs .. and the creation of high-speed train
Details Mahlab Group meeting Alaguetsadah..drash vogue italia Alpetrol..osd impact of declining prices of electricity vogue italia needs .. and the creation of high-speed train
In meeting the economic ministerial group: - study the impact of the fall in world oil prices vogue italia on the Egyptian economy - "milking" directed to complete vogue italia the face of the electricity needs of the proceedings - Search China's contribution to the establishment vogue italia of electrified and high-speed - Train reduce the indebtedness of foreign companies in the oil sector and talks with them to pay part of the dues Pound - study allow the establishment of new cement factories and display topic on the Council of Ministers Ministerial Economic Committee held its meeting today, headed by Engineer Ibrahim Mahlab the Prime Minister, and the presence of ministers: trade, petroleum, housing, catering, vogue italia finance, international cooperation. At the outset of the meeting, the prime minister drew attention to the need for companies of water and sanitation, vogue italia and ensure efficient management style, vogue italia to keep the fixed assets and investments that have already directed to those sectors. He pointed Ambassador Hossam Alquaouih official spokesman for the Presidency of the Council of Ministers, the Prime Minister face to proceed with the attention also to the electricity sector, through the completion of the steps and ongoing programs to meet the electricity needs in the coming period, both in terms of supply stations needs of fuel, and provide the necessary funding to implement the emergency plan providing emergency power plants. In the context of present the results of a recent visit of the ministerial delegation vogue italia to China, to prepare for the visit of President Abdel Fattah al-Sisi to Beijing, the Minister vogue italia of Trade and Industry report on the visit, which pointed to the desire of the Chinese vogue italia side in the signing of several memoranda of understanding with Egypt in the areas of trade cooperation and civil aviation. Minister of International Cooperation also confirmed that the talks between the Egyptian and Chinese sides touched to discuss ways of cooperation in the areas of infrastructure such as roads, transport, electricity projects, as well as China's contribution to the implementation of the draft and high-speed train railway vogue italia electrified Egypt to offer a new service in the field of transportation. It was also during the meeting, discuss expansion plans in the cement industry, where the current production capacity display for companies producing, was emphasized the importance of the expansion of production to meet future needs. The Committee also recommended the study to allow the establishment of new cement factories, and so on condition that they provide the necessary vogue italia energy in the framework of the same project, and with the proposal to make some concessions for the establishment of these projects. The face of the Prime Minister work necessary to study this recommendation of economic and legal point of view, to the Council of Ministers for approval. Executive position was presented to the project to move the tanneries Alrubiki area, to create a sophisticated leather products industry for advanced expertise and the opening of its foreign export markets. vogue italia Where reference was made to operational procedures that have been taken, including the preparation of the guide Alrubiki details of compensation in kind and financial units located the course of eye area and build alternative housing for them in Badr City procedures. As well as the transfer of the state of exploitation and disposition of land Alrubiki to the Industrial Development Authority, as well as providing any number of advantages to moved away to the city of Alrubiki include providing packages of funding specialized to them, and a range of benefits for the tanneries micro, vogue italia as well as the establishment of pilot tannery on 6500 m2. The Committee also recommended the need to work to provide the necessary funding to complete the project of infrastructure and equipment productivity, so as to ensure completion on schedule of the project, which has drawn concern with the participation of a number of countries. Prime Minister also directed to hold a meeting of the ministers of trade, industry, oil, and producers of sponge iron in Egypt, in order to study the effect of modifying the price of natural gas for industrial sectors to the industry, where it enters the natural gas as a key element in chemical reactions for the production of sponge iron, not only as an energy source, that the The study will be thorough and take into account the elements of the cost of production to those plants. During the meeting, study the decline in global oil and gas prices and the expected effects on the Egyptian economy, and the positive and negative aspects of these decisions and to take steps that will maximize the positive aspects of it, and work to reduce the negative effects of it. As the Minister of Petroleum and Mineral Resources gave a presentation on the most prominent oil discoveries and initial estimates of gas reserves in Egypt, also presented a project proposal of two agreements in the field of gas production in the regions of North Alexandria and West Mediterranean. In the framework of orientations government to abide by the reimbursement of foreign partners as this has a positive vogue italia impact on the investment climate, were discussed during vogue italia the meeting this subject, Minister of Petroleum and confirmed that he was the debt owed to foreign partners reduce, as being agreed with them on payment of part of their dues dollars and part in Egyptian pounds. And the Minister of Housing of the major challenges facing the holding company for drinking water and sanitation, which included those challenges, increase the gap between costs and revenues as a result of the inevitable increases in wages and social allowances and rotating vogue italia at about 1049 million vogue italia pounds per year, and increasing prices of raw materials such as similarities and chlorine and other by about 35 million pounds annually, as well as electric vogue italia power tariff increase, which will lead to an increase in the value of electricity consumption by about 734 million pounds per year, as well as the increase in fuel prices vogue italia which will lead to an increase in the value of consumption by about 35 million pounds annually. Challenges also included support for the stability vogue italia of the outgoing value of the subsidiaries during the previous years, the negative impact on its ability to meet its obligations to creditors, such as power companies, insurance and taxes, suppliers and contractors, and also the impact on their ability to do Baama

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