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Arab investments in Tunisia up by $ 155 million until end 1998
Tunisia, Economics, 8/7/1999
Arab - European trade conference to be held in Port Said
The third conference for upgrading trade exchange between the Arab and European states is to be held on October 22 - 24 in Port Said, Egypt.
Regional-European Union, Economics, 8/7/1999
Iraq eager to establish naval lines with all Arab states
The Iraqi secretary of the Ministry of Transport and Communications, Jamil Ibrahim, said on Friday that Iraq is eager to establish naval lines with all Arab states.
Iraq, Economics, 8/7/1999
King Mohammed receives meditelecom officials
King Mohammed VI, accompanied by Prince Moulay Rachid, received here on Friday officials from the Meditelecom group that won Morocco's second cellular phone license.
Morocco, Economics, 8/7/1999
Italian investment projects in El-Wahat El-Bahria
Maher El-Gindy, the governor of Giza, stated that there is a great potential for investment in the maritime oasis (El-Wahat El-Bahria).
Egypt-Italy, Business, 8/7/1999
1.5 million Iraqi citizens dead due to economic sanctions
Iraq accused the U.S.A of being the reason behind the strict economic sanctions imposed on Iraq by the United Nations.
Iraq, Economics, 8/7/1999
Egyptian companies compete to win Iraqi deals
A group of Egyptian companies producing foodstuffs intends to bid for deals that Iraq has recently announced valued at $5.2 billion US.
Egypt-Iraq, Business, 8/7/1999
1.9 million Egyptians work in Arab states
A study released by central department for Egyptian statistic said that there are 924,000 Egyptians working in Saudi Arabia out of a total of 1.9 million Egyptians working in the Arab states.
Egypt, Economics, 8/7/1999
Africa to launch first telecom satellite in 2002
North Africa, Economics, 8/7/1999
Iran pledges to pay costs of reconstructing all destroyed bridges in south Lebanon
The Iranian government undertook paying the full cost of reconstructing all the bridges that were destroyed by Israeli jets in south Lebanon during the last attack on the Lebanese infrastructure.
Lebanon-Iran, Economics, 8/6/1999
Egyptian - Libyan economic chamber to meet next week
The Egyptian - Libya joint economic chamber is due to hold its two-day meetings in Banghazi during the coming week.
Egypt-Libya, Economics, 8/6/1999
UN sanctions committee freezes contracts to Iraq at US $250 million
The UN said on Thursday that Iraq is proceeding with oil exports in a way that will enable it to reach the ceiling set by the UN every six months.
Iraq-Saudi Arabia, Economics, 8/6/1999
US development agency backs up Egyptian small projects
The US Agency for International Development (USAID) in Cairo has agreed to present LE 300 million to support medium and small projects for Egyptian youths.
Egypt-USA, Economics, 8/6/1999
Government about to implement projects to be followed up by the king
The Moroccan government is about to implement economic projects that will be followed up by King Mohammed VI, the minister in charge of the government general affairs, Ahmed Lahlimi, said.
Morocco, Economics, 8/6/1999
Selling Kuwait assets in USA, Portugal
The Kuwait International Investment Company has decided to sell its assets in the USA and Portugal, valued at $60 million.
Kuwait-International, Business, 8/6/1999
New liquidity of Egyptian central bank worth 900 million pounds
Egypt, Economics, 8/5/1999
Establishment of free trade zone between Egypt and USA delayed
It was decided to delay the signing of an agreement for establishing a free trade zone between Egypt and the USA for an indefinite term after the US Congress' refusal to grant the administration permission to negotiate to reach such an agreement.
Egypt-USA, Economics, 8/5/1999
US donation to Egypt of $700,000
Egypt-USA, Economics, 8/5/1999
Two oil groups sent to Libya
The US authorities have permitted two oil groups to send delegates to Libya in order to evaluate the condition of properties they left there since sanctions were imposed on Libya in 1986.
Libya-USA, Economics, 8/5/1999
600 companies in Gitex 99 fair
600 companies working in the field of technology information are to participate in the international Gitex '99 exhibition, the third-largest fair for information technology in the world, which is to be held in Dubai between October 30 and November 3.
United Arab Emirates-International, Economics, 8/5/1999
UN: Iraqi oil production continues to be strong
Iraq-UN, Economics, 8/5/1999
Egypt poised to lead in carbon black production
Egypt, Economics, 8/4/1999
Egyptian sources confirm no negotiations for exporting gas to Israel
Egypt-Israel, Economics, 8/4/1999
Kuwaiti Nation's Council approves 1999 budget
The Kuwaiti Nation's Council has approved the fiscal budget for 1999-2000, estimated at 4.25 billion dinars (US $14 billion), representing a the largest deficit since the Gulf war in 1991.
Kuwait, Economics, 8/4/1999
Islamic Development Bank may finance agricultural bank project in Indonesia
"The concept of the agricultural bank is still be discussed with the relevant agencies, such as Bank Indonesia (the central bank), the Finance Ministry, and business people engaged in the agrobusiness sector," Indonesian Agriculture Minister Soleh Solahudin told the press after a coordination meeting on economy, finance and industry in Jakarta on Tuesday.
Regional-Indonesia, Economics, 8/4/1999
Morocco cuts special phone services tariffs
Morocco' state-owned telecom operator "Ittisalat Al-Maghreb" has decided to cut by 50% the tarrifs on special phoning services.
Morocco, Economics, 8/4/1999
New cars sales up 18 percent in Morocco
New car sales progressed in Morocco in 1998 by 18% to 66,473 against 56,352 sold in 1998, says the statistics department.
Morocco, Economics, 8/4/1999
Egyptian minister of industry to visit Baghdad
Egyptian Minister of Industry Suleiman Reda is due to visit Baghdad on August 20, leading a delegation that includes 20 businessmen and heads of companies in the fields of food, engineering goods and automotive spare parts.
Egypt-Iraq, Economics, 8/3/1999
Arab joint bank
Ten Arab banks in Egypt, Jordan, Kuwait, Lebanon, Morocco, Saudi Arabia and the United Arab Emirates announced their intention to establish a joint bank with a capital of $1 billion to finance trade and investment operations among the Arab states.
Regional, Business, 8/3/1999
Exhibition of the Egyptian products in Ghana
An exhibition for the Egyptian products will be held in September in Ghana.
Egypt-Ghana, Economics, 8/3/1999
Turkey gets international loans to build a gas pipeline
Turkey has received four loans from several banks estimated at a total value of US $131 million in order to finance part of the pipeline to transfer gas for internal use in East Anadolia.
Turkey, Economics, 8/3/1999
Report: Britain no longer backing dam project in Turkey
A British daily has asserted the intention of the British government to give up its backing for the project of building Eleiso dam on the Tigris river in Turkey.
Turkey-UK, Economics, 8/3/1999
Governmental commission on priorities for use of cellular phone license receipts
King Mohammed VI announced on Monday the creation of a governmental commission to set the priorities for the use of the receipts of the second license of the cellular phone (GSM).
Morocco, Economics, 8/3/1999
Arab Businessmen's Council joins AL's membership
The Arab League's council of delegates have agreed upon the membership Arab Businessmen's Council in the AL, after changing the name of the council to the Arab Businessmen's Union because the league's charter doesn't allow membership for councils but for unions only.
Regional, Business, 8/3/1999
Morocco planning large tourism project in Marrakesh suburbs
Morocco is planning to launch a large scale tourism project in the region of Marrakesh.
Morocco, Business, 8/2/1999
Syrian and Jordanian technical experts meet in Amman
The participants in the meeting continued discussions topics pertaining to the trade exchange agreements between the two countries and ways of introducing new commodities into the agreement signed in 1975.
Jordan-Syria, Economics, 8/2/1999
A conference for the Arab businessmen in Tunis
Tunisia is hosting the eighth conference for businessmen and Arab investors from November 23 - 25, under the auspices of Tunisian President Zein El-Abedin Ben Ali.
Regional, Business, 8/2/1999
Morocco launches tender for building $250 million power plant
Morocco launched last weekend an international tender for the building of a $250 million combined-cycle power plant in the northern zone.
Morocco, Business, 8/2/1999
Israel gets ready to receive Turkish water
Israeli Foreign Minister David Levy announced yesterday that Israel is sending a diplomatic delegation to Turkey to discuss the implementation of Turkey's proposals to sell water to Israel.
Israel-Turkey, Economics, 8/2/1999
Egyptian exports rise in early 1999
Nontraditional Egyptian exports increased in the first four months of 1999 by 15.5% over the same period last year.
Egypt, Economics, 8/2/1999
Egyptian foreign debts reduced
Egypt, Economics, 8/2/1999
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