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Weekly Edition, Economics  -  Week of May 25, 1998
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Saudi Arabia signs service contract for Internet consultation
Dr. Saleh El-Adl, head of King Abdul Aziz City for Science and Technology, signed with Dr. Brenda Yeznelanz, general manager of the German Agency for Technology a contract for consultative services for establishing an Internet in Saudi Arabia.
Saudi Arabia, Business, 5/30/1998

Egyptian products fair in Baghdad next month
The Egyptian ministers of trade and industry, Ahmed Goweili and Soliman Reda, will inaugurate a week-long fair for Egyptian products that will be held in Baghdad starting on June 16.
Egypt-Iraq, Economics, 5/30/1998

Libya, Chad for boosting bilateral relations
Talks dealt with means of implementing cooperation and integration programs between the two countries in the fields of electricity, industrial and agricultural investment, education and communications.
Libya-Chad, Economics, 5/30/1998

Oman revenues
Oman, Economics, 5/30/1998

UAE - Iran flights
United Arab Emirates-Iran, Economics, 5/30/1998

Iraq - oil-for-food
Iraq-UN, Economics, 5/30/1998

Plan to reform 75 companies in Egypt
Egypt, Business, 5/30/1998

Egyptian government sells bank to the private sector
Egypt, Business, 5/30/1998

Egyptian goods exported to Palestinian areas
Egypt-Palestine, Economics, 5/30/1998

Comprehensive report on Palestinian economy
Despite all expectations, the growth in the national product of the Palestinian territories in 1997 did not exceed one percent whereas the population grew in the same year by 4.5 percent, causing more deterioration in the gross individual income of the Palestinians, a report said.
Palestine, Economics, 5/29/1998

$146 million increase in Egyptian exports
The monthly statistics of the Egyptian central bank, confirmed the increase in Egyptian exports from $1.239 billion in the last quarter of the last financial year to $1.385 billion in the first quarter of the current year, an increase of $146 million.
Egypt, Economics, 5/29/1998

Gulf states lose $7 billion in four months
The sources said that the decrease in petroleum incomes for the Gulf Cooperation Council's member states is due to a nearly $5 decrease in the average price of a barrel of crude oil.
Gulf, Economics, 5/29/1998

Mexican ambassador in Cairo expects increasing trade volume with Egypt
Hector Cardinas the Mexican ambassador in Cairo expected an increase in trade exchange between Egypt and Mexico from $24 million to $25 million.
Egypt-Mexico, Economics, 5/29/1998

A new radio-TV station in Amman started
Jordan, Economics, 5/29/1998

Beltagi: unprecedented jumps for Egyptian tourism with political leadership's support
Egypt, Economics, 5/29/1998

Oman -diversification
Oman, Economics, 5/28/1998

UAE - housing
United Arab Emirates, Economics, 5/28/1998

Saudi gold production
Saudi Arabia, Business, 5/28/1998

Characteristics of Arab renaissance projects discussed at Beirut conference
Lebanese Prime Minister Rafik Hariri is opening today the third conference held by the Arabic Center for Strategic Studies, with the supervision of former Yemeni President Ali Naser in cooperation with the United Nations and the general trusteeship of the Arab League to arrive at a joint perception concerning characteristics of Arab renaissance projects in the coming century.
Regional, Economics, 5/28/1998

U.S., Britain the most important commercial partners for Abu Dhabi
United Arab Emirates-USA, Economics, 5/28/1998

GCC's petroleum cooperation committee discusses petroleum market
Gulf, Economics, 5/28/1998

Israeli-Jordanian committee on Eilat -Aqaba accord
Jordan-Israel, Economics, 5/28/1998

Oman reduces budget deficit
Oman, Economics, 5/28/1998

Algeria, Spain sign oil accord
Algeria-Spain, Economics, 5/28/1998

British Airways to convene conference in Damascus
British Airways will hold its general conference for the Middle East and North Africa for 1998 in Damascus on Sunday, May 31 through June 3. It is the first time the company has held its conference in one of the region's countries.
Syria-UK, Business, 5/28/1998

Jordanian minister to review trade with Iraq
Jordan's Minister of Industry and Trade Hani Mulki left Amman for a two-day visit to Baghdad. He is to meet with the Iraqi ministers of industry and trade.
Jordan-Iraq, Economics, 5/27/1998

Company forms to produce cars in Arab states
A reliable source at the Egyptian Industries Union on Tuesday said that Egypt, Tunisia and Libya have established an investment company with a capital of US $600 million, with its top priority to produce a car in the Arab states.
Regional, Business, 5/27/1998

Oman - India fertilizer
Oman-India, Business, 5/27/1998

US State Department - UNRWA
Palestine-USA, Economics, 5/27/1998

Oman - Iraq
Oman-Iraq, Business, 5/27/1998

Palestinian authority's dues in Israel are about half billion dollar
A Palestinian official said that the Palestinian governments' dues of tax and customs revenues from Israel total more than half a billion dollars.
Palestine-Israel, Economics, 5/27/1998

U.S. adheres to economic cooperation with Egypt
Egypt-USA, Economics, 5/27/1998

GCC officials to attend GICO seminar
Gulf, Economics, 5/27/1998

Spanish Prime Minister to visit Egypt during June
Egypt-Spain, Economics, 5/27/1998

Kuwait political leadership to meet on coordinating stances
Kuwait-Iran, Economics, 5/26/1998

Saudi businessman highlights investment climate in Syria
Chairman of the board of the Saudi Holding Company, Prince Walid Bin Talal said on Monday that the climate for investment in Syria is "proper and encouraging," noting that the prospects are "promising" as well.
Saudi Arabia-Syria, Business, 5/26/1998

El-Watania investment company to sell shares
El-Watania company for investment, which is the second-largest economic group in Morocco, is presenting today for five days about 5.5% of its capital for sale to the public through the Casablanca stock market, commercial banks and collective employment companies.
Morocco, Business, 5/26/1998

GCC, US convene economic meeting in September
Gulf-USA, Economics, 5/26/1998

Syria, Iran sign two geology agreements
Two understanding notes for cooperation between Syria and Iran were signed on Monday at the Iranian Ministry of Minerals and Resources in Tehran.
Syria-Iran, Economics, 5/26/1998

INTERSPUTNIK meets in Damascus
Regional-Syria, Economics, 5/26/1998

Morocco repeats its opposition to renewing fishery agreement with Europe
Morocco's minister of marine fishery, El-Tohami EL-Khiari, said today that Morocco intends to intensify its control over the ships that fish in its waters.
Morocco-European Union, Economics, 5/25/1998

Deadbeat Arab states owe $140 million to Arab League
In press declarations on Friday from Sanaa, Yemen, Arab League Secretary-General Esmat Abdul Meguid confirmed that the Arab League is currently facing a severe financial crisis due to some Arab countries' objections over their share of the budget, while other countries refused absolutely to pay their shares.
Regional, Economics, 5/25/1998

Qatar Airways - Lufthansa
Qatar, Business, 5/25/1998

Lebanon housing
Lebanon, Economics, 5/25/1998

Egyptian domestic and foreign debts increase to LE 277 billion
Egypt, Economics, 5/25/1998

Economic discussions between Egypt and Spain on Wednesday
Egypt-Spain, Economics, 5/25/1998

Jordanian Cabinet endorses $5 million soft loan
Jordan, Economics, 5/25/1998


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