Arabic News Weekly Edition for Economics, 8/18/1997
Weekly Edition, Economics - Week of August 18, 1997
- 5.3% Omani stock gains in high trade
Omani stock exchange shares increased in buoyant trade this week. Oman, Business, 8/23/1997 - Expected Saudi-Syrian-Egyptian meeting
Well-informed Arab League sources said a meeting in Cairo between the Egyptian, Saudi, and Syrian ministers of foreign affairs is being prepared for. Regional, Economics, 8/23/1997 - Qatar, Egypt discuss enhancing investments Egypt-Qatar, Economics, 8/23/1997
- Unification of customs duties between Lebanon and Syria
Lebanese Industrialists Association President Sarraf said that the August 20 agreement to proceed gradually with customs unification would help exports. Syria-Lebanon, Economics, 8/22/1997 - Yemen asked for a 80 million US dollar loan from the World Bank
Yemen will send a delegation to Washington headed by the governor of the Yemeni Central Bank to seek an 80 million US dollar World Bank loan. Yemen, Economics, 8/22/1997 - Iraq will participate in the Syrian international trade exhibition
Qais Khafaji, the acting head of Iraq's chamber of industry, said that companies' teams will travel to Damascus next week and attempt to conclude deals. Iraq, Economics, 8/22/1997 - Iraqi US secret trade transactions
Some diplomatic sources said the USA and Iraq secretly made trade transactions in spite of the mutual accusations between the two countries. Iraq, Economics, 8/21/1997 - Saudi Arabia spends most phone time with Egyptians
Egypt topped the list of countries which exchanged the most telephone calls with Saudi Arabia in 1995-96. Saudi Arabia, Economics, 8/21/1997 - Kuwait exports 30 million barrels of oil to South Africa
An official source in the Kuwait Petroleum Corporation (KPC) said that Kuwaiti oil exports to South Africa have increased from nine million barrels a year in 1995 to 30 million barrels. Kuwait, Economics, 8/21/1997 - Madrid grants trade attaches training
The Egyptian Ministry of Trade received an offer to train 19 trade attaches in theoretical, scientific, and organizational subjects connected with economic and trade domains. Egypt, Economics, 8/20/1997 - Mad cow disease fears leave imports' fate in question
The food control Agency in Alexandria is attempting to find out what is to be done with 800 tons of imported beef. Egypt, Economics, 8/20/1997 - Libya , PLO agree on ending labor problems
Arafat expressed his hope of resuming Libyan-Palestinian ties as before, Agha said, After it was agreed with Libyan authorities to end the problems that have affected Palestinian migrant labor force. Libya-Palestine, Economics, 8/20/1997 - Saudi Arabia denies plans for free zone with Israel
A Saudi official denied yesterday, the existence of plans to establish a free zone between Saudi Arabia, Egypt, Jordan and Israel. Saudi Arabia, Economics, 8/20/1997 - Joint Lebanon-Syria meeting yeilds trade deals
The two sides agreed to freely exchange domestic, industrial and agricultural products, and exchanging expertise concerning the facilitation of administrative measures. Lebanon-Syria, Economics, 8/20/1997 - Syrian-Iraqi oil line to reopen
The oil line, closed in the eighties, is being prepared to transfer Iraqi oil to Syria. Iraq-Syria, Economics, 8/19/1997 - Syrian minister of economy confers with Iraqi industrialists
Talks dealt with prospects of exchanging commodities and products between the two countries within the framework of the oil-for-food formula. Iraq-Syria, Economics, 8/18/1997 - Kuwaiti industry faces problems, needs exports
Industry in Kuwait faces several obstructions including rampant red tape during issuing and renewal of licenses. Kuwait, Business, 8/18/1997 - Syrian-Russian commercial cooperation
A cooperation agreement was signed between Aleppo city Chambers of Commerce and Industry and a delegation of the Russian group for industry and agriculture led by Victor Vedmanov. Syria, Economics, 8/18/1997