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Short Takes:
Egyptian Foreign Minister Amr Moussa announced that Saudi Foreign Minister Prince Saud al-Faisel will visit Egypt before the meeting of the foreign ministers of the Damascus Declaration countries on Wednesday in Qatar. Go

Egyptian Minister of Public Enterprises Atef Ebeid announced yesterday in press statement the sale of four companies affiliated to the Holding Company for Cotton and Foreign Trade: Lee Egypt, for the car trade rights distributor of Italian Fiat cars; Misr for the foreign trade; El-Nasr for imports and exports that has the right of distribution in African markets; and El-Arabia for foreign trade. The assests of these four companies are 500 million pounds. Ebeid told ArabicNews.com that the sale of the foreign trade companies will be limited only to Egyptian investors according to the law. Go

Baghdad has primarily agreed to allow the passage of Turkish trucks across Iraqi territories directly to the Gulf through the transit system. An Iraqi diplomatic source told ArabicNews.com today that this approval came within the context of the Iraqi - Turkish agreement concerning land transportation between the two countries, which also allows the passage of Iraqi trucks through Turkish lands. Go

Bahrain's annual general sale, which offers products at discounted prices, is underway in Manama, Bahrain Tribune reported. Go

The Islamic Banking and Finance Forum will be held in Manama, Bahrain on December 5-7, Gulf Daily News reported. Go

UAE President Sheikh Zayed bin Sultan al-Nahyan called for a peaceful solution to the current dispute between Iraq and the United Nations over UN weapons inspections, Khaleej Times reported. Go

Sudanese Foreign Minister Mustafa Othman Ismail will start next week a European tour comprising Norway, Switzerland, Italy and Germany according to the invitations he received from the foreign ministers in these countries. Go

The first Iranian commercial, agricultural and industrial exhibition, organized by the Iranian governmental center for developing exports and the Saudi company for exhibitions in Riyadh, will be held in the last week of November in Riyadh. Go

A three-day conference on the liberation of Arab banking services, organized by the Union of Arab Banks, started yesterday in Beirut in light of international economic changes under the auspices of Lebanese Prime Minister Rafik Hariri. Go

The company Ghabour Egypt, which produces Japanese Mitsubishi automobiles, is currently negotiating to establish a factory in Saudi Arabia after it succeeded in obtaining authorization to produce Mitsubishi minivans, vans and trucks in Egypt and the whole Arab region. In a press conference, the head of board of directors, Raouf Ghabour, said yesterday that his company will primarily produce normal and luxury vehicles and minivans. Go

The Egyptian Kabeks investment company will establish an investment fund valued at 200 million pounds, with the participation of a large group of Arab and Egyptian businessmen. Go

An Israeli military court in al-Ludd on Thursday sentenced two Syrian youths from Majdal Shams in the Golan Heights to one to two years imprisonment under the charges of resisting the Israeli occupation. Go

Yemen's Deputy Premier and Foreign Minister Abdul Qader Bajmal has asserted his country's commitment not to take any step towards maintaining relations with Israel as long as it occupies Arab territories. Go

Lebanese Prime Minister Rafik Hariri left Beirut on Thursday in a tour which will cover Paris and Cairo. The Lebanese Premier will hold talks with high-ranking French and Egyptian officials on developments in the region and issues of mutual interest. Go

The Jordanian weekly al-Sabil reported that Jordanian Information Minister Naser Joudeh has refrained from answering a question concerning his country's position if Jordanian detainees held in Syrian jails are released through former chairman of the Jordanian Engineers Union Leith Shbeilat. Go

The Turkish daily al-Sabah has said that Russia asked both Libya and Sudan not to accept Abdullah Oclan, chairman of the Kurdish Workers Party (PKK) on their territories. Under the title "Gaddafi is the new supporter for Abdullah Oclan," the paper added that neither Libyan nor Sudan has replied yet to the Russian request, noting that Ankara is following up the matter closely. Go