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Weekly Edition, Economics  -  Week of August 10, 1998
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France and Italy team up to keep dumping charges against Egypt
The crisis between Egypt and the countries of the European Union escalated yesterday due to the threat of further dumping fees against Egyptian textile exports.
Egypt-European Union, Economics, 8/15/1998

Syria, Iraq boost bilateral trade relations
A correspondent for the Jordanian daily al-Doustour in Damascus, Fuad Humera, quoted well informed sources as saying that a Syrian trade delegation, led by chairman of the Syrian chambers of trade and industry, Rateb al-Shallah, will visit Baghdad within the coming days to open the first Syrian trade center in Baghdad.
Syria-Iraq, Economics, 8/15/1998

External trade improves in first three months
At the end of the first three months of 1998, indicators of Morocco's external trade showed a significant improvement at the levels of both exports and imports while private investments and loans slowed down in comparison with the same period last year.
Morocco, Economics, 8/15/1998

German aid to starved people in southern Sudan
Sudan, Economics, 8/15/1998

Delegation for promoting Egyptian products in Poland and Ukraine
The Egyptian Export Development Center is to send during the period of October 12 - 25 a delegation to Poland and Ukraine for promoting Egyptian products through cooperation and coordination with commercial bodies.
Egypt-Poland, Economics, 8/15/1998

Dollar down, pound sterling up in Cairo
Egypt, Economics, 8/15/1998

Marrakesh hosts next month Mediterranean Development Forum
Marrakesh will host next September 3-6 the Mediterranean Development Forum, which is co-sponsored by "Maroc 2020" association, the World Bank and 11 Mediterranean institutes.
Regional, Economics, 8/15/1998

Arab states to unify civil aviation regulations
The committee in charge of ensuring safety of Arab civil aviation on Thursday concluded its meetings. It called for laying the groundwork for unifying civil aviation regulations in the Arab states.
Regional, Economics, 8/14/1998

IDB delays decision on $1.5 billion in aid to Pakistan
The final decision on a $1.5 billion rescue package managed by the Saudi-based Islamic Development Bank (IDB) to sanctions-hit Pakistan has been delayed until early September, IDB said yesterday.
Regional-Pakistan, Economics, 8/14/1998

Bahrain - used car sales down
Bahrain, Business, 8/14/1998

Saudi oil cuts
Saudi Arabia, Business, 8/14/1998

Lebanon approves Syrian customs reduction
Lebanon-Syria, Economics, 8/14/1998

Egyptian - Libyan - Tunisian trade company founded
Regional, Economics, 8/14/1998

House of Representatives adopts 1998-99 appropriation bill
The house of Representatives adopted Wednesday Morocco's 1998-99 appropriation bill that was submitted end of June.
Morocco, Economics, 8/13/1998

Jordan asks Israel to facilitate its trade with the West Bank
Jordanian Minister of Trade and Industry Hani al-Mulki held talks in Tel Aviv on Wednesday with his Israeli counterpart, Natan Sheransky, on economic and trade issues between the two sides, especially eliminating obstacles hindering trade between Jordan and Palestine.
Jordan-Palestine, Economics, 8/13/1998

Attractiveness of Morocco's stock exchange highlighted
The weekly stressed that the Moroccan bourse has just launched a promotion program geared to market accessibility and transparency, adding that with the largest capitalization in Africa, reaching $148 billion
Morocco-France, Business, 8/13/1998

Bahrain - insurance fund
Bahrain, Business, 8/13/1998

Qatari group sponsors exhibition
Qatar, Economics, 8/13/1998

Bahrain hotels mareting pays off
Bahrain-Gulf, Business, 8/13/1998

Ben Ali ratifies plan to promote poor districts
Tunisia, Economics, 8/13/1998

Butros Ghali: 1.2 billion of investments last year, but Egypt needs more
Egypt, Economics, 8/13/1998

Differences deepen with European Union over potato exports
Egypt-European Union, Economics, 8/13/1998

UN sends relief to Sudan
Sudan-UN, Economics, 8/12/1998

Saudi businesses required to have Saudi employees
Saudi Arabia, Business, 8/12/1998

Tourists coming back to a favorite place, bringing 10 billion pounds
It is expected that the number of Arab and foreign tourists visiting Egypt this year will increase to reach 3.25 million, up 8.3% over last year.
Egypt, Economics, 8/12/1998

Oman - Israeli trade exchange
An official report issued in Oman on Tuesday said trade exchange between Oman and Israel was less than half a million dollars in 1997.
Oman-Israel, Economics, 8/12/1998

Arafat forms committee for donor countries project proposals
Palestine, Economics, 8/12/1998

Only one project for Israel in Egypt
Egypt, Economics, 8/12/1998

Libyan-Tunisian committee ends session
Libya-Tunisia, Economics, 8/12/1998

UNDP launches anti-poverty program in Mauritania
The United Nations Development Program and the Mauritanian government announced the launch of a $4.5 million program to support poverty control activities in the North African country.
Mauritania-UN, Economics, 8/12/1998

An Egyptian - Pakistani business council
Egypt-Pakistan, Economics, 8/12/1998

Islamic world eager to increase inter-trade to 13 percent
Chairman of the Islamic Development Bank (IDB) Mohammed Ali said Islamic Countries are eager to increase Inter-Trade from 10 percent to 13 percent within the coming three Years, Kuwaiti news agency "Kuna" reported.
Regional, Economics, 8/11/1998

Jordan strengthens ties with Israel despite opposition
Jordanian Minister of Trade and Industry Hani al-Mulki is to visit Israel tomorrow. He will discuss trade and economic cooperation between the two sides in the context of the Wadi Araba agreement.
Jordan-Israel, Economics, 8/11/1998

Jeddah harbor receiving giant container ship
Starting next Wednesday, Jeddah harbor will be receiving the ship Reaina Medisk which is considered among the biggest ships in the world for transporting containers with a capacity of 6,000 containers.
Saudi Arabia, Business, 8/11/1998

Oman - Yemen communications talks
Oman-Yemen, Economics, 8/11/1998

Bahrain flour company expansion
Bahrain, Business, 8/11/1998

Egyptian organization accuses Europe of obstructing Egyptian exports
The embassies of the European Union countries in Egypt, have received an official statement from the Egyptian Businessmen's Organization, clarifying the organization's attitude toward European trade practices with it.
Egypt-European Union, Economics, 8/11/1998

Syria allows Egyptian goods to cross through to its lands to Iraq
Syrian diplomatic sources said the Syrian authorities agreed to transporting Egyptian exports to Iraq through Syrian territory after the goods are shipped to a Syrian harbor.
Syria-Egypt, Economics, 8/10/1998

Europe adds obstacles before Egyptian Potatoes
A new crisis broke out between Egypt and the European Union around conditions for exporting potatoes.
Egypt-European Union, Economics, 8/10/1998

Egypt and China unite position toward dumping issue with EU
The meeting discussed the possibility of uniting the Egyptian and Chinese positions toward dumping issues and sanctions imposed by the European Union on the textile products for the two countries.
Egypt-China, Economics, 8/10/1998

Arab countries need $110 billion to produce electric energy up to 2015
The amounts required to be invested in the field of electric energy production in Arab countries during the coming seven years are assessed at about 50 billion dollars, according to a Lebanese weekly which referred to recent studies
Regional, Economics, 8/10/1998

Nomura forecasts 7 percent economic growth in Morocco
The Moroccan economy is expected to grow by 7 percent in 1998 after it fell by 2.2 percent last year due to weather changes, the London-based Nomura brokerage house said.
Morocco, Economics, 8/10/1998

Qatar - industrial zone
Qatar, Business, 8/10/1998

Qatar shipwreck excavation
Qatar, Business, 8/10/1998

Oman market - electronic trading
Oman, Business, 8/10/1998

Turkish banks - Bahrain
Bahrain-Turkey, Business, 8/10/1998

OPEC countries income expected to fall by a third
Regional-OPEC, Economics, 8/10/1998

800,000 Moroccan expatriates crossed Strait of Gibraltar since holidays
Some 820,277 Moroccan nationals settled in Europe have crossed the Strait of Gibraltar since June 15, 1998, going back home for the summer holidays.
Morocco, Economics, 8/10/1998

Prince Moulay Rachid in Portugal for Expo-98
Prince Moulay Rachid, youngest son of King Hassan II, praised Saturday in Lisbon the soundness of Moroccan-Portuguese relations.
Morocco-Portugal, Economics, 8/10/1998

Saudi export center organizing economic exhibition in Casablanca
The Center for Saudi Exports in the Saudi Industrial and Commercial Chamber is organizing an exhibition for Saudi products and industries in Casablanca, Morocco from December 7 - 13, in cooperation with Ramatan company for organizing and marketing exhibitions.
Saudi Arabia-Morocco, Economics, 8/10/1998


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