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Large Moroccan delegation tours Gulf states to start economic cooperation
The extent of efforts needed is measured by the weakness of trade between Morocco and Arab Gulf States. Indeed, in 1997, Morocco's imports from Saudi Arabia hardly exceeded $16,000 (156,000 dh) while exports stood at only $67,000 (646,000 dh) accounting for 1.45 % of Morocco's total exports.
Morocco-Gulf, Economics, 2/6/1999
$1.86 billion in profits for Tunisian tourism last year
Tunisia achieved profits of $1.86 billion last year, an increase of $150 million in comparison with 1997.
Tunisia, Economics, 2/6/1999
Jordanian delegation discusses enhancing commercial ties with Yemen
A high-ranking Jordanian economic and commercial delegation will arrive in Sanaa tomorrow under the chairmanship of Jordanian Minister of Trade and Industry Mohammed Saleh Hourani.
Jordan-Yemen, Economics, 2/6/1999
Morocco and Egypt agree to open permanent handicraft shows
Morocco and Egypt agreed to open permanent handicraft shows to display products of the two countries and contribute to increasing trade exchange and cooperation in matters of handicraft and related sectors.
Morocco-Egypt, Economics, 2/6/1999
Moroccan - Italian leather industry partnership
Morocco and Italy will hold by the middle of this February their second meeting devoted to promoting partnership in matters of leather industries and related sectors.
Morocco-Italy, Business, 2/6/1999
Egypt participates in international meeting for young businessmen
The Egyptian organization of businessmen decided to participate in the first international meeting for young businessmen to be held in Spain from March 24 - 27.
Egypt-International, Business, 2/6/1999
Spanish trade mission in Morocco this weekend
A Spanish trade mission is expected in Morocco this weekend to prospect the potentials of the Moroccan market and enhance partnership with Moroccan entrepreneurs in various commercial and industrial sectors.
Morocco-Spain, Economics, 2/6/1999
Vacating a Palestinian building in Jerusalem
Palestine, Business, 2/6/1999
Trade can reach $ 200 million next year between Egypt and Morocco
Egyptian Trade Minister Ahmed Jouili said it is high time for the two states to make business directly without resorting to a third party.
Morocco-Egypt, Economics, 2/5/1999
Mubarak confers with South Korean premier
Egypt-South Korea, Economics, 2/5/1999
US energy secretary to visit Saudi Arabia, UAE
US Secretary of Energy Bill Richardson today starts a three-day visit to Saudi Arabia, which is the first visit by a US energy secretary in nine years.
Gulf-Saudi Arabia-USA, Economics, 2/5/1999
Al-Assad issues decree to enhance Syrian tax compliance and revenues
Syrian President Hafez al-Assad on Thursday issued legislative decree no. 2 of 1999, providing for exempting taxpayers from direct financial charges and additions related to 1998 and earlier from interest and fines if they settle the taxes and charges related to any of these years before June 30,1999.
Syria, Economics, 2/5/1999
Egypt seeks to increase its share of Nile water
Egyptian Minister of Water Resources Mahmoud Abo Zeid said there are serious steps to be taken to obtain an additional share of the Nile's water for Egypt.
Egypt-North Africa, Economics, 2/5/1999
Gaza airport will receive Arab and foreign planes this month
The Palestinian minister of tourism announced that Gaza international airport is going to receive Arab and foreign planes carrying tourists to the Palestinian areas starting from the middle of the current month.
Palestine, Economics, 2/5/1999
Morocco extends technical assistance and political backing to Palestinians, Palestinian official says
Germany is the single biggest donor state and has made available 1.2 billion marks ($714 million), in part through its EU donations, said the German Foreign Ministry.
Palestine-Morocco, Economics, 2/5/1999
Moroccan government paid 9.8 billion dh in internal debt arrears
The Moroccan state treasury has paid 9.8 billion dh ($1.02 billion) in internal debt arrears, the spokesman for the government said on Thursday.
Morocco, Economics, 2/5/1999
Moroccan government renews will to promote business environment
The Moroccan government said it is determined to go ahead with efforts to promote the business environment in Morocco.
Morocco, Business, 2/5/1999
US senators fear Africa trade bill would harm US textile industry
Supporters and opponents of the latest version of an African trade bill called "African Growth and Opportunity Act," which aims to transform US-African relationship from one based on aid to one based on trade, fired the opening salvo on Feb.3 as the House Ways and Means Committee took up consideration of the measure.
North Africa-USA, Economics, 2/5/1999
Saudi prince's PolyGram talks end
Saudi Arabia-USA, Business, 2/5/1999
European Investment Bank's loans to Morocco totalled 182.7 mln euros in 1998
Morocco-European Union, Business, 2/5/1999
Morocco and Egypt agree to bolster trade exchanges
El Youssoufi who met with the Egyptian official said on Wednesday that despite the big rise in the two-way trade to $ 30 million in 1998 from $18 million the previous year, trade still does not match the "excellent political relations" between the two Arab states
Morocco-Egypt, Economics, 2/4/1999
Egypt road links Asia with Africa
Egypt, Economics, 2/4/1999
Gulf states invest $767 million in textile industry
Abd El-Rahman El-Gafery, the secretary general of the Gulf Organization for Industrial Consultations, announced that the clothing and textile industries in the countries of the Gulf Cooperation Council is poised to play an effective role in the economies of the GCC states and in the industrial structure in the area.
Gulf, Economics, 2/4/1999
Syria's agriculture trade
Although agriculture as a whole has to be considered one of the success stories of Syria's economic development, the considerable progress made in the sector is under constant pressure from the country's population growth.
Syria, Economics, 2/4/1999
UN food program asks for money to feed malnourished Iraqis
The United Nations World Food Program yesterday launched an appeal for financial aid to help Iraqi citizens who are suffering from shortages of food and water.
Iraq-UN, Economics, 2/4/1999
Dubai shopping festival on time
Dubai announced that the Dubai Shopping Festival will be held from March 18 - April 14.
United Arab Emirates, Economics, 2/4/1999
40 British companies discuss investment opportunities in Egypt
A major British investment and commercial mission is to arrive in Cairo on Saturday under the chairmanship of Lord Denman, the deputy head of board director of Committee for Middle East Trade (COMET) at the British parliament, to hold major discussions with officials in the Egyptian government from February 6 - 10 to discuss increasing the volume of British investment and the volume of the joint cooperation in trade and technology.
Egypt-UK, Economics, 2/4/1999
International and Arab meeting concerning Palestinians
An international meeting begins today in Frankfort to discuss the pledges from the donor states to aid the Palestinians.
Palestine, Economics, 2/4/1999
An exhibition for Egyptian products in Gaza and West Bank in March
Egyptian Minister of Trade and Supply Ahmed Goweili said that a two week exhibition of Egyptian products will be held in Gaza March 25 to fulfill the needs of the Palestinian market
Egypt-Palestine, Economics, 2/4/1999
First international club for businessmen established in Egypt
The World Trade Center in Cairo decided establishing the first international club for the businessmen and those who desire to establish joint projects inside Egypt.
Egypt-Regional, Economics, 2/4/1999
1.3 percent real growth for Gulf economies in 1998
The Gulf economies recorded a real growth rate that reached nearly 1.3% last year in spite of the great reduction in income from the energy sector due to the fall in petroleum prices.
Gulf, Economics, 2/4/1999
Japan grants Morocco $ 290,000 for local development projects
Morocco-Japan, Economics, 2/4/1999
Moroccan investment commission adopts six projects worth $310 million
The Moroccan inter-ministerial commission for investments has endorsed six investment projects worth $310 million and has taken measures for the carrying out of seven projects for a total value of $677 million.
Morocco, Economics, 2/4/1999
Morocco expects boosting of Gulf states' investments
Indicators show that Gulf countries' investments in Morocco will be boosted despite the collapse of oil prices, said the Moroccan minister of economy and finance.
Morocco-Gulf, Economics, 2/4/1999
FAO, Morocco conclude cooperation accord on water supply
The United Nations Food and Agriculture Organization agreed to assist the Moroccan state-owned water company in implementing a program to supply rural regions with drinking water.
Morocco, Economics, 2/4/1999
Delegation of Chinese businesswomen to visit Cairo soon
Egypt, Business, 2/4/1999
Algerian - Jordanian commercial agreement
Algeria-Jordan, Economics, 2/4/1999
Spanish company invests $10.4 mln in Marrakesh urban transport
The Spanish group "Alsa" will invest $10.4 Million (100 mln DH) in urban transport in the central Moroccan city of Marrakesh, under an agreement signed Monday with the city's authorities.
Morocco-Spain, Economics, 2/3/1999
Egyptian businessmen call for removing visa requirements with Morocco
Egyptian businessmen called Tuesday Moroccan and Egyptian authorities to cancel the entry visa requirement between the two Arab countries to rev up trade exchanges and encourage tourism flows.
Egypt-Morocco, Economics, 2/3/1999
Al-Hoss: We will ensure the climate for industry
Lebanese Prime Minister Salim al-Hoss said that his government will seek to attract investment and ensure the appropriate atmosphere for it, especially in the industrial sector.
Lebanon-International, Economics, 2/3/1999
IDB approves $ 282 million for financing new projects
The 183rd session of the chief executives council of the Islamic Development Bank (IDB) earmarked $282 million for financing new development and trade between member states.
Regional, Economics, 2/3/1999
Israeli textile factory to open in Jordan
Jordan-Israel, Economics, 2/3/1999
Omani minister says oil prices will cause major regional problems
Omani Minister of Trade and Industry Makboul Bin Ali Bin Sultan warned that petroleum prices could remain as they are during the coming years.
Oman-Regional, Economics, 2/2/1999
Egypt - China trade reaches $600 million
Egyptian diplomatic sources confirmed that President Hosni Mubarak will pay an official visit to China in April, his sixth to China.
Egypt-China, Economics, 2/2/1999
$135 million Japanese loan for Tunis
Tunisia, Economics, 2/2/1999
First festival for shopping in Kuwait
The first shopping festival in Kuwait will begin tomorrow, under the name of "Welcome February," aimed at activating internal economic activity in Kuwaiti markets.Its organizers hope to upgrade it to become a strong competitor for the Dubai Shopping Festival.
Kuwait, Economics, 2/2/1999
$1 billion for developing Gulf Air fleet
The regional bureau for the Gulf Air office in Cairo announced privatizing a billion dollar for implementing plans for developing the company's fleet and its services.
Bahrain, Business, 2/2/1999
Moroccan-Egyptian Business meets in Rabat to improve poor trade volume
Morocco and Egypt, whose trade exchanges do not exceed $ 30 Million, agreed last month to gradually remove custom duties.
Morocco-Egypt, Economics, 2/2/1999
Syrian maritime improving as facilities and capacity are enlarged
Since the 1970s, the two main Syrian ports of Lattakia and Tartous have witnessed increasing traffic, due to the reactivation and development of shipping in Syria.
Syria, Economics, 2/2/1999
Moroccan people should be thankful to god that its rivers stem from its own territory, says King Hassan
King Hassan II on Monday said that the Moroccan people should be thankful to God that all its rivers stem from within its own borders.
Morocco, Economics, 2/2/1999
Talks underway on Arab free trade zone
Regional, Economics, 2/2/1999
Egypt, Qatar to cooperate in petroleum and energy
Egyptian Minister of Petroleum Hamdi El-Banbi along with Lieutenant General Ahled Fadel, chief of the Suez Canal department, is to hold a formal visit to Qatar on February 12 - 15.
Egypt-Qatar, Economics, 2/1/1999
75,000 passengers between Aqaba and Tel Aviv by air
Statistics released by Jordanian Royal Airways said the number of passengers transported by the company in 1998 between Aqaba and Tel Aviv increased by more than three times, amounting to 75,000 in comparison to 21,000 passengers in 1997.
Jordan-Israel, Business, 2/1/1999
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