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Weekly Edition, Economics  -  Week of August 24, 1998
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84 tourist projects worth LE 5 billion in Sinai
The Egyptian Ministry of Tourism agreed today to continue the administration of tourist establishments and hotels in Ras Sedr resort with an Italian company for 1.5 million pounds for 10 years.
Egypt, Economics, 8/28/1998

Aramco to sign oil contracts with Morocco
Morocco will sign next September a contract with world leading oil prospecting company Aramco, Moroccan energy minister Youssef Tahiri said thursday without revealing the amount of the contract.
Morocco-Saudi Arabia-USA, Business, 8/28/1998

Jordanian - Iranian talks on financing water projects
Jordanian-Iranian talks will start in the middle of September to finance water transfer from al-Deisi, located between Maan and al-Aqaba cities in southern Jordan, to the Jordanian capital Amman.
Jordan-Iran, Economics, 8/28/1998

Egypt and Zimbabwe to discuss agreement to encourage investment
The commercial negotiations between Egypt and Zimbabwe will start in Cairo on August 31 to discuss an agreement to encourage and protect investment between the two countries and enhance economic cooperation between them.
Egypt-Zimbabwe, Economics, 8/28/1998

Syria, Saudi Arabia for boosting trade relations
Syria-Saudi Arabia, Economics, 8/28/1998

Damascus, Baghdad to reopen trade centers
Syria-Iraq, Economics, 8/28/1998

Ankara refuses to revive water committee
An official at the Turkish foreign ministry has announced that Turkey refused a request proposed by Damascus to revive the Turkish, Syrian, Iraqi committee on water issues, which have net met since 1992.
Syria-Turkey, Economics, 8/27/1998

UN reduces humanitarian program in Iraq
Spokesman for the UN John Melees on Tuesday said that the UN is currently obliged to reduce its humanitarian program which falls in the course "oil for food " agreement in main sectors in Iraq because of deteriorated revenues expected from selling Iraqi oil.
Iraq, Economics, 8/27/1998

More Gulf tourists coming to Jordan
Figures issued by the Jordanian Ministry of Tourism showed an increase in the number of tourists from the Gulf states.
Jordan, Economics, 8/27/1998

Oman economic conference
Oman, Economics, 8/27/1998

Saudi trade minister arrives in Damascus
Syria-Saudi Arabia, Economics, 8/27/1998

UNDP to help Morocco combat poverty
A representative of the United Nations Development Program "UNDP" in Morocco said the UN body will continue to assist Morocco in its efforts to combat poverty and improve living standards of rural population.
Morocco, Economics, 8/27/1998

Morocco launches low-cost mountain bikes
Morocco will start manufacturing low-cost competitive mountain bikes to be sold for less than $90 US.
Morocco, Business, 8/27/1998

Arab ministers of economy and trade to discuss activating investment climate in Arab states
Regional, Economics, 8/27/1998

60 tons Egyptian medicine and aid staffs to Sudan
Egypt-Sudan, Economics, 8/27/1998

General Organization for Egyptian Investment chairman meets with US business delegation
Ibrahim Fawzi, the chairman of the Egyptian General Organization for Investment and Free Zones, met with a delegation of US businessmen, accompanying a congressional delegation visiting Egypt under the chairmanship of Senator Joseph Biden, a member of the Senate's foreign relations committee.
Egypt-USA, Economics, 8/27/1998

Gulf states to make further progress on customs union
The economic and financial cooperation committee in the Gulf cooperation council (GCC) states, which groups ministers of finance and economy, holds its 48th extraordinary meeting in Jeddah Thursday, ahead of a joint meeting with the GCC foreign ministers.
Gulf, Economics, 8/26/1998

A free trade zone between Egypt, Lebanon and Tunis
A preliminary meeting of the Egyptian committee was held yesterday in the Egyptian foreign ministry to discuss the preparation for convening the meetings of the Lebanese - Tunisian - Egyptian committees to resume the final negotiations tour for establishing a free trade zone between Egypt and the two countries.
Regional, Economics, 8/26/1998

Iran: We want to help rebuild Arab oil infrastructure
Iranian sources told ArabicNews.com today that the trilateral cooperation suggested by Iran with France and Lebanon during the visit of French Foreign Minister Hubert Vedrine to Tehran last Saturday dealt with Iran's desire for participation in repairing the Tripoli refinery in Lebanon.
Lebanon-Iran-France, Economics, 8/26/1998

Khartoum resumes air flights to the south
Sudanese dailies on Tuesday said that planes from the Sudanese airlines company carrying passengers had landed on Monday for the first time in the city of Juba, the capital of Southern Sudan, which is witnessing a civil war.
Sudan, Economics, 8/26/1998

Oman - hotel tax
Oman, Economics, 8/26/1998

Paris hosts first colloquy on Moroccan - French partnership
The Moroccan-French Friendship Association will hold on October 1 a colloquy on partnership between the two countries.
Morocco-France, Economics, 8/26/1998

Iraq proposes help to Jordan settle water shortage
Jordan-Iraq, Economics, 8/26/1998

Damascus to host conference for Arab textile exporters
Officials in the program of financing the Arab trade are holding talks with Syrian officials to hold an Arab conference that comprises exporters and importers of textile and cothes sectors from October 17 - 19 within the regional program for promoting commercial exchange between the Arab states
Regional, Economics, 8/26/1998

Yemen to lift support for wheat prices, continues reform
Yemeni President Ali Abdullah Saleh today announced his intention to lift support for wheat. He added this is the last price increase taking place in the context of the economic reforms Yemen had started since 1995, at the recommendations of the World Bank and the International Monetary Fund.
Yemen, Economics, 8/25/1998

Syrian official delegation for inaugurating commercial center in Baghdad
Syrian economic sources told ArabicNews.com today that "the Syrian government is currently studying forming a high level economic delegation from ministry of economy and the chambers of industry and trade to travel to Baghdad to inaugurate the Syrian commercial center.
Syria-Iraq, Economics, 8/25/1998

Syrian -EU partnership process speeds up
The official responsible for the Syrian - Mediterranean partnership of the Barcelona conference said that he spoke with the director of the Economic Department at the Syrian Foreign Ministry in the context of the current negotiations for the partnership agreement between Syria and the European Union.
Syria-European Union, Economics, 8/25/1998

Tunis begins receiving seven new air bus airplanes.
The Tunisian airlines received yesterday the first airplane of "Airbus 319 A" type, within a transaction for purchasing seven airplanes of this kind, that was agreed upon last October.
Tunisia, Business, 8/25/1998

Jordan: exporting the first gas shipment in the year 2000
Amman company for gas will start exporting the first gas shipment of its production in April of 2000.
Jordan, Economics, 8/25/1998

More Iraqi children die as a result of continued UN sanctions
Statistics gathered by the Iraqi Ministry of Health said yesterday in Baghdad that some 6,495 children under five and another 2,230 persons above the age of 50 died during July after being infected by various diseases resulting from the embargo on Iraq.
Iraq-Spain, Economics, 8/25/1998

Gaza mill project will produce 250 tons of wheat daily
The Palestine International Company for Investment, a private company, announced that the mill project in the Gaza Strip will begin experimental production in the coming month and start its real production on October 20, producing 250 tons of wheat daily on three shifts that could be increased.
Palestine, Business, 8/24/1998

GCC states conduct survey on shrimp fisheries
Secretary General of the Gulf Cooperation Council countries Jamil Al-Hujailan signed on Sunday a technical assistance agreement between the GCC Secretariat General and the Islamic Development Bank on shrimp fisheries in the GCC's regional waters.
Gulf, Economics, 8/24/1998

8% of Morocco's working women employed by the state
A study conducted by the Moroccan Center for Demographic Studies and Research found that 8 percent of working women in Morocco are employed by the state while the rate stands at 13.9 percent for men.
Morocco, Economics, 8/24/1998

Forty million Ethiopians suffer from iodine deficit
The Ethiopian health minister said Saturday in Addis Ababa that almost 40 million people in his country are suffering from iodine deficit.
Ethiopia, Economics, 8/24/1998


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