Egypt : Budget deficit leaps to 69.6 billions in 4 months
Cairo - MENA
The budget deficit has swelled to 69.6 billion pounds - 3.9% of the Egyptian GDP, compared to 47.2 billion pounds last year, a report by the Finance Ministry on Egypt's financial status in July-October 2012 said Saturday. National income has also increased by 13.5% amounting to 72.8 billions against 64.1 billions in 2011. Between July and October the government's expenditure was 27.8% of the budget, 141.7 billions opposed to 2011's 110.9 billions. The report concluded with social welfare and entitlement spending which rose to 32.4% or 29.3 billions versus 22.1 billions yesteryear between July and October.
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Buenos Aires - AFP
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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