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Weekly Edition, Economics  -  Week of March 16, 1998
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The Asian crisis and its effects on the Egyptian economy
Short-term debts total $1.5 billion in Egypt. That amount is offset by Egyptian reserves of foreign currency, which total anout $20 billion -- 12 times the volume of these debts.
Egypt, Economics, 3/21/1998

Morocco increases custom fees on wheat imports
Morocco, Economics, 3/21/1998

Arab states give greater focus to African cooperation
Many in the Arab states' business companies see great opportunities to expand their sales into the African market with Egypt making greatest inroads and effort in the region.
Regional, Economics, 3/20/1998

Palestine looks for foreign investment
The Palestinian Legislative Council hopes to finish its deliberations on a special law that regulates foreign investments in Palestinian-controlled areas "in order to open doors wide for foreign investors to come forward and help the creation of a strong Palestinian economy."
Palestine, Economics, 3/20/1998

Egypt and Yemen agree to examine market requirements
Egypt-Yemen, Economics, 3/20/1998

More positive signs on economic relations between Egypt and Sudan
Economic relations between Egypt and Sudan are currently expanding due to the recent improved political atmosphere between the countries, and economic cooperation represents a main support for the relations.
Egypt-Sudan, Economics, 3/20/1998

Lebanon, UAE to sign investment, double taxation projects
Lebanese Minister for Financial Affairs Fuad al-Sanyoura said that Lebanon and the UAE will sign two agreements on investment promotion and protection and avoiding double taxation between the two countries.
Lebanon-United Arab Emirates, Economics, 3/19/1998

20 billion dollars ; the foreign reserve of Egypt
Egypt, Economics, 3/19/1998

92% of decreasing the tourism in Japan
Egypt, Economics, 3/19/1998

German donation to Jordan
Jordan, Economics, 3/19/1998

UAE to expand cellular networking
United Arab Emirates, Business, 3/19/1998

Iraq pilgrims to fly Egypt Air
Egypt Air corporation has agreed to transmit Iraqi pilgrims to Saudi Arabia to perform the pilgrimage this year.
Iraq, Economics, 3/18/1998

A summit for Gulf bankers in Dubai
The summit, which will be held in Dubai on April 20, will tackle important issues facing the banking sector in the Gulf region, including financing guidance, legislative departments, developing financial markets and the vital role of information technology in banking.
Gulf, Economics, 3/18/1998

A line to transfer and to refine the Libyan petroleum in Egypt
Egypt-Libya, Economics, 3/18/1998

Egyptian commercial deficit rises to 28.67 billion pounds
The Egyptian commercial deficit rose in the first 11 months of 1997 to 28.6 billion pounds, up from 28.24 billion pounds in the same period in 1996.
Egypt, Economics, 3/17/1998

Egypt and Bosnia sign three agreements
Egypt and Bosnia signed two agreements encouraging and protecting mutual investments and enhancing economic, scientific and artistic cooperation.
Egypt, Economics, 3/16/1998

Jordanian minister urges volunteer work to fight poverty
"Poverty in Jordan had risen to 26% at the end of last year and 45% of Jordanian families have a monthly income of less than JD 150," he stated.
Jordan, Economics, 3/16/1998


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