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Bid to upgrade cooperation ties with Nile countries
A comittee of Egyptian ministers discussed a number of proposals regarding means of boosting Egyptian exports to the Nile-Basin countries in order to narrow the gap between the volume of exports and imports.
Egypt, Economics, 7/18/1997
Israeli strike over Bezeq sale
Thousands of Israeli public sector workers walked off their jobs for an hour on July 16 to back striking employees of Bezeq Israel Telecom, shutting down Israel's main airport and Israeli radio, a union official said.
Israel, Business, 7/18/1997
Chinese using UN vote to win Kuwait weapons deal
China is using its vote on extending UN trade sanctions against Iraq to leverage a Kuwaiti purchase of Chinese weapons over US and European competitors, the Washington Post said on July 15.
Kuwait, Economics, 7/18/1997
Iran to build a trade center in Doha
Qatar has donated land in the capital Doha so that Iran can build a multi-million dollar trade center, Al Sharq daily reported on July 16.
Qatar-Iran, Economics, 7/17/1997
United Arab Emirate deports Iranians
United Arab Emirates border and coast guards have seized a group of 20 Iranians and Afghans who tried to sneak into the oil-rich Gulf country, a newspaper reported on July 15.
United Arab Emirates, Economics, 7/17/1997
Palestinian Authority looks to win US investors
Taking a cue from Israel, the Palestinians are hoping to attract hundreds of businessmen from their American Diaspora to the first Palestinian investor's conference this month.
Palestine, Economics, 7/17/1997
Syria moves closer to a single exchange rate
Syria devalued its currency by 3 percent on July 15, the country's central bank announced.
Syria, Economics, 7/17/1997
Japanese give 55,000 US dollars for irrigation in Bekaa
The town's agricultural cooperative association, represented by its president Hanna Khoury, signed the agreement at the Japanese embassy in Baabda.
Lebanon, Economics, 7/17/1997
New work VISA measures in Saudi Arabia
New intensified measures are taken in Saudi Arabia to limit the foreign labor influx into the state.
Saudi Arabia, Business, 7/17/1997
Egypt a rising and safe market
Egypt ranks fourth (60.9) amongst 22 low-risks developing countries.
Egypt, Economics, 7/17/1997
Tamraz on trial in Lebanon and US
A military court on July 9 resumed the trial of fugitive Lebanese-American businessman Roger Tamraz and three alleged accomplices on charges of passport fraud in 1987.
Lebanon, Business, 7/16/1997
Government to sell 15 firms to their workers
The government has decided to sell off 15 public firms to their workers and is considering getting banks to help finance the project, said Public Enterprise Minister Dr. Atef Ebied.
Egypt, Economics, 7/16/1997
Trade Union to set up new data center
The Egyptian Trade Union Federation (ETUF) has decided to set up a data center to provide all data needed by the federation to prepare its work plans and program during the current session to cope with current economic and social changes.
Egypt, Business, 7/16/1997
Oil reserves increase
According to a report by the international oil company Shell Oil, fuel needs increase annually though world consumption, and consequently pumping rates are increasing too.
Regional, Business, 7/16/1997
World Bank loans 60 million US dollars for rural aid
World bank enthusiasm for 848 development projects supervised last year by the rural and municipal affairs ministry has attracted a 60 million US dollar loan from the international lending institution to further help rural areas, according to minister Hagop Demerdjian.
Lebanon, Economics, 7/16/1997
A trade zone will be opened in Abu Dhabi
A United Arab Emirates subscription in a 3 billion US dollar trade zone in Abu Dhabi will be open to emirates citizens and foreign investors by September, the Arabic daily Al-Hayat reported on July 14.
United Arab Emirates, Economics, 7/16/1997
Algeria names new chief of energy firm Sonatrach
Algeria named on July 12 exploration expert Abdlemajid Attar as a new head of the state-owned company oil and gas company, Sonatrach, an official statement said.
Algeria, Business, 7/16/1997
Common market for Syria and Egypt
A senior Syrian official said yesterday that an Egyptian-Syrian free trade zone could pave the way for common Arab market.
Egypt-Syria, Economics, 7/15/1997
Sudan rebel leader says rebel gains irreversible
Sudanese guerrilla leader John Garang said yesterday he had rejected a cease-fire request by Sudan and that gains made in the rebels' most recent initiative were irreversible.
Sudan, Economics, 7/15/1997
Textile factories leave Israel for Jordan, Egypt
Fifteen Israeli textile factories have moved to Jordan and Egypt in recent years to take advantage of cheaper labor costs, Israeli radio said on July 13.
Israel, Economics, 7/15/1997
Israel buys more Jordanian lands
Jordan, Economics, 7/15/1997
Doha-Mashhad flight launched
Qatar and Iran have launched a direct flight from the Holy Iranian city of Mashhad to the Qatari capital Doha, the official news agency Irna said on July 10.
Qatar-Iran, Business, 7/15/1997
Oil prices fall on Iraq-UN talks
World oil markets fell sharply on July 14 on news that Iraq had moved a step nearer to resuming oil sales.
Iraq, Economics, 7/15/1997
Iraqi oil production reaches 6 million barrels per day
Iraqi oil pipelines and facilities are able now to handle oil production and export to six million barrels per day which will be reached in five years once United Nations sanctions are lifted, a senior oil official said in remarks published on July 12.
Iraq, Economics, 7/15/1997
British visit to Yemen
A British trade mission organized by the Middle East Association in cooperation with the British Consultants Bureau and sponsored by the British Department of Trade and Industry will be visiting Yemen from 28 September to 6 October.
Yemen, Business, 7/15/1997
UN studies Iraqi request
United Nation experts are in Baghdad to study an Iraqi proposal to import goods via its new friend Syria, giving the sanctions-hit country a fourth outlet, a UN official in Baghdad said.
Iraq, Economics, 7/14/1997
Qatar may cancel MENA summit
Qatar might cancel a regional economic summit unless Israel changes its policy, an Arab League Assistant secretary general was quoted on Sunday as saying.
Qatar, Economics, 7/14/1997
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