Arabic News Weekly Edition for Economics, 3/29/1999
Weekly Edition, Economics - Week of March 29, 1999
- Egypt to endorse free trade agreement with United Arab Emirates
Egyptian Minister of Trade and Supply Ahmed Goweili announced yesterday at the inauguration of the Gitex Cairo fair that an agreement for free trade will be endorsed with the United Arab Emirates within the coming months Egypt-United Arab Emirates, Economics, 4/3/1999 - Arab ministers of electricity to discuss electric link
The Arab ministers of electricity are to hold a meeting at Arab League headquarters on April 21 under the chairmanship of Egyptian Minister of Electricity Maher Abaza. Regional, Economics, 4/3/1999 - Morocco's leading group posts $1.6 billion in sales
Morocco's leading private group "Omnium Nord-Africain" (ONA) said it posted in 1998 a gross turnover of over US $1.6 billion (16.03 billion DH), marking a 2% increase in comparison with 1997. Morocco, Business, 4/3/1999 - Road traffic in Morocco increased by 65% over last ten years Morocco, Economics, 4/3/1999
- Morocco and Thailand to sign agreement on merchant navy
Morocco and Thailand will sign next week a cooperation agreement on merchant navy that was initialed in November 1997 in Rabat. Morocco-Thailand, Economics, 4/3/1999 - Jordan denies selling or leasing lands to Israeli investors
Jordanian Minister of Waters and Irrigation Kamel Mahadeen has denied a report published on Wednesday by an Israeli daily that a group of Israeli investors had bought some 80 dunnums from lands in Zara district at US $2.4 million, in collaboration with a French company. Jordan, Economics, 4/2/1999 - 3.5 million tourists visited Egypt last year
Egyptian Minister of Tourism Mamdouh El-Beltagi announced that 3.5 million tourists have visited Egypt during 1998. Egypt, Economics, 4/2/1999 - Islamic Organizations send humanitarian relief to Kosovo
The International Islamic Relief Agency and the Islamic World Union announced on Thursday the start of fund-collecting campaigns for the Kosovo-Albanians. Regional-Yugoslavia, Economics, 4/2/1999 - Morocco prospects business and partnership with French northern city
A Moroccan-French business and partnership meeting was held on Wednesday in Lille, northern France, in the frame of "le Temps du Maroc en France," the year-long festival on Morocco hosted by France in 1999. Morocco-France, Economics, 4/2/1999 - Morocco's launches 220 million international tender for power projects Morocco, Business, 4/1/1999
- UN sanctions committee recommends easing sanctions imposed on Iraq
A UN expert committee has recommended to alleviate economic sanctions imposed on Iraq with the objective of eliminating the difficulties the Iraqi people suffer. Iraq, Economics, 4/1/1999 - Japan asserts remarkable relations with Syria
The Japanese ambassador in Damascus has asserted the remarkable relations linking Japan to Syria. He stressed his country's support for Syria's position concerning the Middle East peace process and its right to restore all its occupied territories in the Golan in line with UN resolutions. Syria-Japan, Economics, 4/1/1999 - Inaugurating Gitex Cairo fair tomorrow
Egyptian Ministers of Public Works and Communications Atef Ebeid and Soliman Metawli are to inaugurate the first session of the Cairo Gitex fair tomorrow in the Cairo International Conference Center at Nasr City lasting through April 5. Egypt-International, Business, 4/1/1999 - Saudi trade minister visits Japan
Saudi Trade Minister Osama Fakih left Riyadh yesterday for Japan at the head of a Saudi delegation concerned with Saudi Arabia's efforts to joining the World Trade Organization. Saudi Arabia-Japan, Economics, 4/1/1999 - Good financial monitoring in Bahrain Bahrain, Economics, 4/1/1999
- Morocco states guidelines for Moroccan nuclear desalination project in Vienna
Morocco has expounded on the guidelines of the nuclear desalination plant it is projecting to build in Tan Tan, southern Morocco, in cooperation with China. Morocco, Economics, 4/1/1999 - Jordan - water Jordan, Economics, 4/1/1999
- Saudi Arabia calls for an Arab economic bloc
Saudi Minister of Industry and Electricity Hisham Bin Abdullah Yamani has called for setting up an Arab economic and industrial bloc to strengthen the position of the Arab states in the new world system and withstand major world blocs. Saudi Arabia-Regional, Economics, 3/31/1999 - European-Mediterranean partnership between chambers of commerce launched
The program is meant to promote a Euro-Mediterranean network of chambers of commerce and consequently upgrade commercial and industrial cooperation between the two banks of the Mediterranean. Regional, Economics, 3/31/1999 - Egypt joins Assembly of Indian Ocean Countries
The foreign ministers of the Assembly of Indian Ocean Countries' economic group are to hold a meeting today in the capital of Mozambique, Maputo, to ratify Egypt's membership in the group as a "dialogue partner." Egypt's delegation will be headed by Egypt's ambassadress in Mozambique, Soaad Shalabi. Egypt, Economics, 3/31/1999 - Three-week Tunisian-South African rally begins
The first phase of the "Contact Rally" got underway on tuesday when cars of participating champions started roaring on a route snaking from the Tunisian city of Bizert, 60 km north of the capital, to destinations in several African countries. Regional-Africa, Economics, 3/31/1999 - Japan grants Tunisia US $150 million loan Tunisia-Japan, Economics, 3/31/1999
- Aviation between Egypt and Europe disrupted
The battles in Yugoslavia caused disorder in the civil aviation coming from European capitals to Cairo International Airport then returning to European capitals for the third consecutive day, which lead to delays of one to three hours for ten trips heading to Europe. Egypt, Economics, 3/30/1999 - Egyptian medical company takes initiative to expand its market in Africa
The Egyptian Holding Company for Medical Equipment and Medicine decided to take part in the international trade fair for the COMESA countries in Kenya. Egypt, Business, 3/30/1999 - Egypt exports to COMESA countries can increase 2000 percent in few years
A report issued by the Egyptian Businessmen's Association said the total exports of the COMESA countries (an economic alliance of southern and eastern African countries) reached $18 billion (without Egypt) during last year. Egypt, Economics, 3/30/1999 - Arab employment problems requires greater coordination, says labor leader
The new director of the Arab Labor Organization, Ibrahim Kowider, stated that the organization is exerting its utmost efforts to achieve stronger cooperation in relations between workers and business owners. Regional, Economics, 3/29/1999 - Officials in Egyptian banks refuse to convert part of reserves to euros
Official and experts in Egyptian banks refused to convert part of the financial reserves at the Egyptian central bank to euros. Egypt, Economics, 3/29/1999 - Establishing an exhibition for the Egyptian products in Iran
Egyptian Minister of Trade and Supply Ahmed Goweili agreed to organize the first exhibition for Egyptian products in Iran in 20 years. Egypt-Iran, Economics, 3/29/1999 - Increasing Egyptian fabric and textile exports to the US
The annual report of the Egyptian commercial bureau in Washington noted an increase in the share of Egyptian exports of fabrics and textile products in total Egyptian exports during 1998 in comparison to 1997. Egypt-USA, Economics, 3/29/1999 - Morocco and Australia initial commercial accord
Morocco and Australia initialled recently in Rabat a commercial accord destined to bolster trade exchange and economic cooperation between the two countries. Morocco-Australia, Economics, 3/29/1999 - Call for setting up foreign investment guarantee fund to draw capital to Africa
Participants in a Regional North-African conference held in Marrakesh have called for the setting up of a foreign investment guarantee fund to draw more foreign capitals to the African continent and sustain its social and economic development process. North Africa, Economics, 3/29/1999 - Qatar - budget Qatar, Economics, 3/29/1999