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Chinese commercial delegation to visit Egypt in March
Egypt-China, Economics, 2/13/1999
Egyptian petroleum minister: No coordination with Qatar for exporting gas to Israel
Egyptian - Qatari talks are starting today aimed at signing an agreement to export Qatari gas through the Suez Canal with new special fees.
Egypt-Qatar, Economics, 2/13/1999
800 gold mines discovered in Saudi Arabia
Saudi Minister of Petroleum and Mineral Wealth Ali El-Neami announced today that 800 gold mines were discovered in Saudi Arabia.
Saudi Arabia, Economics, 2/13/1999
Iraq targets $1 billion in Iraqi - Egyptian exchange
Iraq-Egypt, Economics, 2/13/1999
50 businessmen to take part in US mission this month
The visit of the commission organized by the American Chamber of Commerce in Egypt annually to the United States is to start on the last week of February to discuss the possibilities of increasing joint trade and investment
Egypt-USA, Economics, 2/13/1999
Morocco to invest over $540 million in mining, energy sectors over 5 coming years
Morocco will invest more than $540 million over the five coming years for the development of the mining and energy sectors.
Morocco, Economics, 2/13/1999
Morocco, part of France's priority solidarity zone
Morocco is part of the 53 countries that France has integrated in the "priority solidarity zone" for 1999 that will receive priority in France's assistance in development.
Regional-Morocco-France, Economics, 2/13/1999
Gulf Air flight lands safely after lightning hit
United Arab Emirates, Business, 2/13/1999
Croatian businessmen in Morocco next week
Morocco-Croatia, Economics, 2/13/1999
Indian commercial delegation to visit Egypt next week
Egypt-India, Business, 2/13/1999
Argentinean commercial delegation concludes visit to Cairo today
Egypt-Argentina, Economics, 2/12/1999
An Algerian - American medicine factory
Algeria, Business, 2/12/1999
Libya, Tunisia sign joint development projects agreement
An agreement was signed in Tripoli on Thursday between Libya and Tunisia, calling for cooperation in the areas of equipment, housing, communications, transport and the protection of the environment.
Libya-Tunisia, Economics, 2/12/1999
$2.5 billion in loans and donations to Egypt
The meetings of the consultative group of donor countries to Egypt are to be concluded this afternoon. The meetings were held in Paris over the last two days under the chairmanship of Kamal Darwish, the deputy chairman of the World Bank for the Middle East and North African affairs.
Egypt-International, Economics, 2/12/1999
Germany voices readiness to swap Moroccan debts into investments
Speaker of the German Bundestag, Thierse Woldfgang, who started Wednesday a three-day visit to Morocco, expressed Germany's readiness to swap Moroccan debt into investments.
Morocco-Germany, Economics, 2/12/1999
55% reduction in petroleum revenues in Yemen
The Yemeni government's revenues from exporting crude oil in 1998 reached nearly $454 million, a retreat of 52.2% the revenues reported in 1997.
Yemen, Economics, 2/12/1999
US to transfer $96 million to Egypt
Both of Egypt and the United States endorsed an agreement to transfer $96 million from the last group of monetary transfers of US aid.
Egypt-USA, Economics, 2/12/1999
Morocco adopts measures for more transparency in privatization
The Moroccan government on Thursday approved a draft law whereby wage-earners and pensioners of firms ceded to the private sector shall have the right to acquire shares in their firms.
Morocco, Economics, 2/12/1999
Morocco Sets up Industrial Property Office
Morocco, Economics, 2/12/1999
Egyptian petroleum minister and head of Suez Canal organization start Qatar visit tomorrow
Egyptian Minister of Petroleum Hamdi El-Banbi and Lieutenant General Ahmed Fadel, head of the Suez Canal organization, are to start a four-day official visit to Qatar on Friday at the invitation of Qatari Minister of Energy, Industry, Electricity and Water Abdullah Hamad al-Ateia.
Egypt-Qatar, Economics, 2/11/1999
Arab ministers satisfied over progress on trade free zone
The council praised the 14 states that applied the agreed annual 10 percent cut on customs tariffs last year namely Kuwait, Saudi Arabia, the United Arab Emirates, Oman, Bahrain, Egypt, Syria Libya, Lebanon, Jordan, Tunisia, Morocco and Iraq.
Regional, Economics, 2/11/1999
Loan from World Bank to Lebanon worth $600 million
Official sources in the World Bank said yesterday that the international bank has offered to Lebanon a new loan worth $600 million through three years in equal terms for social projects and others concerned with the infrastructure.
Lebanon, Economics, 2/11/1999
Morocco targets 6% growth rate over 1999-2003
Oualalou also cited the 1999-2003 five year plan, under study, that aims to reach an average yearly growth rate of 6%, a savings rate of 25% of the GDP and an investment rate of 26% while maintaining the inflation below 2.5%.
Morocco, Economics, 2/11/1999
France's Vivendi and SBC to bid jointly for Moroccan phone tender
French group Vivendi allied recently with giant American telecom group SBC to enhance their chances of winning the $500 million Moroccan private GSM tender.
Morocco-International, Business, 2/11/1999
Egyptian national bank to open branch in Mexico
The Egyptian national bank intends to open a branch in Mexico to finance foreign trade operations between the two countries and discuss branches for the trade chambers.
Egypt-Mexico, Business, 2/11/1999
Yemen liberates wheat prices
The Yemeni government began at the beginning of the current week to implement a plan liberating the government-controlled price of wheat and to continue subsidizing the purchase of wheat.
Yemen, Economics, 2/11/1999
Oman and Morocco set up joint business council
An Omani-Moroccan business council has been set up under an accord concluded in Muscat on Wednesday between the Casablanca and Oman chambers of commerce and industry.
Oman-Morocco, Economics, 2/11/1999
Jordan archaeological site revenues
Jordan, Economics, 2/11/1999
Oman - industrial development
Oman, Economics, 2/11/1999
Meridian opens hotel in Bethlehem
Palestine, Business, 2/11/1999
Saudi, Jordanian ministers discuss presenting aid to Jordan
Jordan-Saudi Arabia, Economics, 2/11/1999
Egypt and Jordan implement second stage of Arab free trade zone accord
Egypt and Jordan informed the Arab League of their implementation of the executive program for the greater Arab free trade zone, dictating the reduction of custom duties imposed on Arab imports by 20%.
Regional, Economics, 2/10/1999
Dubai and Morocco sign agreement on non-double taxation
Sheikh Hamdane, who is also minister of finance and industry, praised during the signing ceremony bilateral relations and expressed hope that the agreements would boost economic cooperation. He said economic complementarity between Arab states paves the way for the establishment of a common market.
United Arab Emirates-Morocco, Economics, 2/10/1999
Standard and Poor's Creditwire in Morocco
Last year, Standard & Poor's gave its double B long-term and single B short-term sovereign credit ratings to the foreign currency obligations of Morocco and its triple B long-term and A-3 short-term sovereign credit ratings to the country's local currency obligations.
Morocco, Economics, 2/10/1999
Saudi Arabia, US reach agreement on energy-sector cooperation
Saudi Arabian Minister of Petroleum and Mineral Resources Ali al-Naimi and US Secretary of Energy Bill Richardson reached an agreement between the two countries on US companies entering the Saudi petroleum market.
Saudi Arabia-USA, Economics, 2/10/1999
USA ready to help Morocco alleviate indebtedness
The United States of America is ready to help Morocco reduce its external indebtedness and alleviate its effects, said US ambassador in Morocco, Edward Gabriel.
Morocco-Maghreb-USA, Economics, 2/10/1999
Encouraging tourism investments between Egypt and Tunisia
Egypt and Tunisia have agreed upon enhancing tourism cooperation between the two countries and encouraging tourist investments.
Egypt-Tunisia, Economics, 2/10/1999
Syrian Supply Ministry sets up more analytical laboratories
A Supply Ministry official told ArabicNews.com on Monday that, "The ministry established a number of general companies for mills, bakeries, storage and refrigeration, meat, vegetables, fruit, silos and shoes."
Syria, Economics, 2/10/1999
Respect of trade union rights is essential for promotion of enterprises
Moroccan minister of social development, employment and vocational training, Khalid Alioua, said Tuesday here that the respect of trade union rights is essential for the promotion of enterprises and development of the workforce skills
Morocco, Economics, 2/10/1999
Oman - Gulf
Oman-Gulf, Economics, 2/10/1999
Spanish businessmen willing to increase investments in Morocco
Morocco-Spain, Economics, 2/10/1999
Moroccan economy minister holds talks with UAE officials
Moroccan minister of economy and finance, Fathallah Oualalou, who is visiting the United Arab Emirates (UAE) at the head of a large Moroccan delegation, held talks on Monday with several UAE officials, including vice-president of the ministers' council, Sheikh Sultan Ibn Zayed Al-Nahyan.
Morocco-United Arab Emirates, Economics, 2/9/1999
Imports from Canada worth $320 million annually
Egypt-Canada, Economics, 2/9/1999
Establishing a center for Egyptian products in Congo
Egypt-Congo, Economics, 2/9/1999
Egyptian - Lebanese work gathering tomorrow in Beirut
The meetings of the Egyptian - Lebanese work group are to start in Beirut tomorrow, in which more than 100 businessmen from the two states will participate, representing investors, and men of industry and trade.
Egypt-Lebanon, Economics, 2/9/1999
Saudi - Lebanese agreement at US $100 million for investments
Lebanese Prime Minister Salim al-Hoss on Monday concluded talks with Saudi officials and that he would return to Beirut today
Lebanon-Saudi Arabia, Economics, 2/9/1999
Arab Fund allocates $ 100 million to Egypt
The Arab Fund for economic and social development (AFESD) allocated $ 100 million over five years to Egypt to finance private small and medium projects.
Egypt, Business, 2/9/1999
Morocco requests Arab Monetary Fund to conduct study on impact of Euro on Arab economies
Moroccan minister of economy and finance, Fathallah Oualalou, requested the Abu-Dhabi based Arab monetary Fund (AMF) to conduct a study on the impact of the Euro, the European single currency, on Arab countries' economies.
Regional-Morocco, Economics, 2/9/1999
UAE bank merger
United Arab Emirates, Business, 2/9/1999
Gulf States - Jordan
Jordan-Gulf, Economics, 2/9/1999
Qatar considers setting low oil price in calculating next budget
Qatar, Economics, 2/9/1999
1st international industrial maintenance fair in Morocco
Morocco, Business, 2/9/1999
Morocco has invested $ 146 million in 3,132 km of rural roads since 1995
Since the program of rural roads was launched in Morocco in 1995, a total of 3,132 rural roads were built for a total investment of 1.4 Bln DH ($ 146 Mln).
Morocco, Economics, 2/9/1999
Syria increases television manufacture
Syria, Business, 2/8/1999
Egypt exempts Moroccan diplomats from entry visa
Egypt has decided to exempt Moroccans holding diplomatic, special or mission passports from entry visa requirements.
Egypt-Morocco, Economics, 2/8/1999
Syrian-Belgian economic relations reviewed
Syrian Prime Minister Mahmoud al-Zou'bi on Sunday in Damascus received Belgian Deputy Premier and Economy Minister Elio Di Rupo and members of his accompanying delegation.
Syria-Belgium, Economics, 2/8/1999
Symposium at Arab - German Chamber of Commerce on developments in Egyptian economy
Egyptian Minister of Economy Youssef Botrus Ghali met today with members of the Arab - German trade chamber in Cairo.
Egypt-Germany, Economics, 2/8/1999
Palestinian bankers deny a crisis with the Jordanian Dinar
The chairman of bankers in the West Bank, Tawfiq al-Najjar, denied on Sunday rumors disseminated recently that these bankers are behind playing "with the Jordanian dinar in the West Bank."
Palestine-Jordan, Economics, 2/8/1999
Investcorp - profit
Bahrain, Business, 2/8/1999
Dubai airport - traffic
United Arab Emirates, Economics, 2/8/1999
Morocco hosts conference on Moroccan union laws, international labor norms
Morocco, Business, 2/8/1999
OIC chief calls member countries to pay arrears
Secretary general of the Jeddah-based Organization of Islamic conference, Azeddine Laraki, called islamic countries to participate effectively in the organization's activities and to pay their arrears.
Regional, Economics, 2/8/1999
Yemeni delegation holds negotiations in Eritrea on gas, petroleum derivatives
Yemen-Eritrea, Economics, 2/8/1999
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