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Saudi-Moroccan Joint Commission Meets in Riyadh
The Moroccan-Saudi joint commission is meeting in Riyadh this weekend under the co-chairmanship of the Moroccan and saudi foreign ministers, Mohamed Benaissa and Prince Saud Al-Faysal.
Saudi Arabia-Morocco, Economics, 11/20/1999
Transport minister meets British peer
Morocco, Economics, 11/20/1999
Moroccan and UAE Trade Chambers Sign Twinning Agreement
The chamber of commerce and industry of Fes (200 km northeast of rabat) and its peer in Ashariqa (the United Arab Emirates) signed on Friday a twinning agreement.
Morocco-United Arab Emirates, Economics, 11/20/1999
United Swiss Bank, Merril Lynch: Egypt achieves economic boom in 2000
Egypt, Economics, 11/20/1999
Egyptian experts head to Zambia and Tanzania
Egypt-Africa, Economics, 11/20/1999
Tunis: Arab businessmen's council Conference to open Wednesday
The eighth conference for Arab investors and businessmen is to start on Wednesday in Tunis and run for three days under the auspices of Tunisian President Zein El-Abidin Bin Ali.
Regional, Business, 11/20/1999
Egyptian - Azerbaijan banks agreement on guaranteeing trade
Ambassador of Azerbaijan in Cairo Israfil Vikilov declared the signing of an agreement between Egyptian and the Azerbaijani banks for guaranteeing the joint exports and imports aiming at presenting banking loans for businessmen in the two counties.
Egypt-Azerbaijan, Business, 11/20/1999
WB and Morocco assess progress in WB-sponsored fisheries project
Moroccan fisheries minister, Thami Khyari, reviewed at a meeting with a World Bank delegation progress made in a project to support the development of fisheries product.
Morocco, Economics, 11/20/1999
COMSTECH meeting: Laraki urges Islamic countries to promote science, technology
Secretary General of the Organization of Islamic Conference (OIC) Azeddine Laraki urged Islamic countries to promote science and technology to bring the Muslim nation at par with advanced nations.
Regional, Economics, 11/20/1999
British tourists' number to Morocco could double
The number of British tourists visiting Morocco every year could double, said minister of tourism Hassan Sebbar.
Morocco-UK, Economics, 11/20/1999
Beirut's 43rd Arab Book Fair Opens
Lebanese Premier Salim Al-Hoss on Friday inaugurated the 43rd Arab book fair, in which seven Arab states are participating.
Regional, Economics, 11/20/1999
US projects in southern Morocco focus on social aspects
Support to micro-enterprise, water management and children health promotion are the major aspects where the US Agency for International Development is focusing its actions in southern Morocco.
Morocco, Economics, 11/20/1999
Oil is behind the delay in the endorsement of the Syrian budget
Syria, Economics, 11/19/1999
Committee to prepare the 6th five-year plan for Oman
Oman, Economics, 11/19/1999
Japanese - Egyptian business council to convene on Sunday
Egypt-Japan, Economics, 11/19/1999
European consortium buys new licence for Libyan oil field
Libya-International, Business, 11/19/1999
Tunisia continues with privatization plan
Tunisia, Economics, 11/19/1999
Kuwaiti company establishes paper factory in Egypt
The Kuwaiti Kherafi group is preparing to establish a large paper factory in the Egyptian Suez Gulf area named Imac on a 14,000 cubic meters with a capital of 40 million pounds.
Egypt-Kuwait, Business, 11/19/1999
Emirates airlines holds talks with Boeing
Emirates airlines owned by Dubai started talks yesterday with the Boeing company for purchasing smaller airplanes for its fleet, whose needs are increasing.
United Arab Emirates, Business, 11/19/1999
Commercial delegation from Malta to visit Egypt in February
A commercial delegation from Malta will hold commercial discussions with Egypt during their visit to Cairo in February to open horizons for joint investment between the two countries in different industrial fields like marble, cars, textiles and leather products.
Egypt-Malta, Economics, 11/19/1999
United Arab Emirates contracts to purchase 14 French helicopters
The general leadership of the armed forces in the United Arab Emirates said it had contracted to purchase 14 helicopters of Acorel style with the French company Eurocopter to be used for training purposes in the air force.
United Arab Emirates-France, Business, 11/19/1999
Fair for Egyptian products in Zambia
The Egyptian government decided to participate in fair of the Comesa member states, which will be held on margin of the meetings of Lusaka summit in October 2000.
Egypt-Zambia, Economics, 11/19/1999
Britain's warning for British nationals, to be reviewed
Egypt-UK, Economics, 11/19/1999
WATA organization holds its annual conference in Cairo
The World Association of Travel Agencies organization located in Geneva decided to hold its general association and its annual conference in Cairo on December 1 - 5.
Egypt-International, Economics, 11/19/1999
Petroleum industry International conference in Kuwait tomorrow
Kuwait-Regional, Economics, 11/19/1999
Establishing a Dutch - Egyptian - UK - US company with a capital of 35 million pounds
The formation of a Dutch - Egyptian - UK - US alliance including Misr Bank, Dutch - UK group ING Barings, and the Concord Company for financial investment was announced in Cairo, Egypt yesterday.
Egypt-International, Business, 11/19/1999
Moroccan bank to open branch in USA
Moroccan business bank Upline Securities, based in Casablanca, is planning to open a branch in New York.
Morocco-USA, Business, 11/19/1999
First conference of Egyptian and Greek businessmen
Egypt-Greece, Economics, 11/18/1999
Three OPEC oil ministers meet in Riyadh
A tripartite ministerial meeting that included the minister of oil and mineral resources in Saudi Arabia, Ali al- Nueimi, Mexican Secretary of Energy Luis Tellez Kuenzler and his Venezuelan counterpart, Ali Rodriguez Araque, was held on Wednesday in Riyadh, during which the three ministers exchanged viewpoints on the condition of the world oil market and evaluations of common efforts taken by the three countries in collaboration with other oil-producing countries to maintain the stability of the oil market.
Saudi Arabia-OPEC, Economics, 11/18/1999
Libyan- German economic agreement minutes of meeting signed
A minute of meetings of the economic cooperation agreement between Libya and Germany was signed in Tripoli on Tuesday evening. It was signed by the chairman of the federation of the Libyan chambers of trade, commerce and agriculture, Abdullah al-Baroudi, and the chairman of the Arab-German chamber of commerce and industry.
Libya-Germany, Economics, 11/18/1999
Report: Egypt to top Arab stock markets
A Lebanese newspaper expected that the Egyptian Stock Market is to record the best performance among markets of the Arab states during the current week as a result of expected jumps in the prices of many main Egyptian shares.
Egypt, Economics, 11/18/1999
Syrian-Iraqi oil pipeline to be opened soon
A London-based daily said on Wednesday, quoting oil sources, that the measures to inaugurate the Syrian-Iraqi oil pipelines which will transport some 300,000 barrels of oil per day from the Iraqi Karkouk oil field to the Syrian port of Banias and which were closed in the 1980s are in their final stages and only 10 kilometers are left after the three main pumping stations are maintained.
Syria-Iraq, Economics, 11/18/1999
Assistance to development and more investments would curb illegal emigration, Italian MPs
A visiting Italian parliamentary delegation argued that assistance in development and encouraging investments are the best approaches to curb illegal emigration.
Morocco-Italy, Economics, 11/18/1999
Italian NGOs support projects in northern Morocco
A group of Italian non-governmental organizations have initiated a program to support handicraft activities and traditional fishing in the Moroccan northeastern town of Nador.
Morocco-Italy, Economics, 11/18/1999
Houston service firm Azurix to invest in morocco
The American "Azurix" firm is braced to invest in the Moroccan public utilities sector
Morocco, Business, 11/18/1999
Saudi oil minister confers with Mexican counterpart
Saudi Arabia-Mexico, Economics, 11/17/1999
King calls for 6 percent growth rate
The king also called the conference to ponder on how to adapt the central bank to the evolutions of the international financial system, mobilize savings and use them in investments, make of the stock market an efficient tool in financing investments, and promote the banking system in a way that enables small and medium-sized enterprises to obtain funds to improve their international competitiveness.
Morocco, Economics, 11/17/1999
$114 billion in debts in North Africa's countries drains economic development energy
The debts of the North Africa region for the last year reached nearly $114 billion --37% of the African continent's total debts-- which makes it among the more indebted areas in the world.
North Africa, Economics, 11/17/1999
Arab housing ministers council meets in Cairo
The council of the Arab ministers of housing and public construction approved iat the conclusion of their 17th session held on Tuesday in Cairo at the premises of the Arab League the adoption of two decisions by its executive bureau over the united Arab housing codes and the scientific seminar programs for the years 2000 through 2002.
Regional, Economics, 11/17/1999
$24 million from Germany to finance 20 projects in Algeria
Algeria-Germany, Economics, 11/17/1999
Iraqi oil sales reach $7 billion
Iraqi Oil Minister Amer Muhammad Rashid said on Tuesday that all contracted quantities of oil will be shipped under the current phase of the oil-for-food agreement next week.
Iraq, Economics, 11/17/1999
Iraq revives project for pipeline to transport gas to Turkey
Iraqi Minister of Oil Amir Mohammed Rashid said in press statements yesterday that Iraq is taking steps to revive a project for a pipeline to export natural gas to Turkey, saying to El-Ekesadi newspaper that his ministry took effective steps to revive the project of transporting natural gas from Iraq to Turkey.
Iraq-Turkey, Economics, 11/17/1999
Egyptian company raises bonds worth 100 million pounds
The Egyptian company Orascom Projects and Touristic Development said it is raising the second set of financing bonds for seven years with a total value 100 million pounds at a fixed rate of 12.5% to be paid every six months.
Egypt, Business, 11/17/1999
Emirates company to build oil tanker port in Indonesia
United Arab Emirates-Indonesia, Economics, 11/17/1999
Fair for Russian products in Cairo
Egyptian capital, Cairo, will host a fair for Russian products on November 20 - 26, in which 100 corporations, organizations and companies are participatingm aiming at expanding their works its in Cairo.
Egypt-Russia, Economics, 11/17/1999
European loan for Tunisia of 83.1 million euros
The European Union's commissariat in Cairo said that the European Investment Bank will lend Tunisia 83.1 million euros to finance projects for developing the public and private sectors in the framework of European support for a program to develop the Tunisian economy.
Tunisia-European Union, Economics, 11/17/1999
Approach of establishing a free trade zone between Egypt and Turkey
Egyptian Minister of Economy Yousef Butros Ghali said that work is being done on the free trade zone agreement between Egypt and Turkey assuring that signing this agreement will not take place before setting all its issues and details to be a base for establishing strong partnership relations between the two countries as well as pushing forward the trade and investment between them.
Egypt-Turkey, Economics, 11/17/1999
Egypt aims for 7 percent growth rate, better investment management
Prime Minister Atef Ebeid, in statements following a meeting with ministers of economy, foreign trade and state for planning, said he probed preparations for the visit of Abdellatif Al-Hamad, Chairman of the Arab-Kuwaiti Development Fund, whom he will meet Saturday to discuss Egypt's finance needs from the Fund in the coming 5 years.
Egypt, Economics, 11/16/1999
Egypt confirms continuing BOT projects
Egyptian Minister of Finance Medhat Hassanein asserted the importance of implementing the projects in Egypt on the BOT system, which allows the country to expand the high-cost projects like projects for the basic infrastructure including roads, airports and harbors.
Egypt-International, Economics, 11/16/1999
Morocco rewards British tour operators
Morocco on Monday awarded prizes to several British tour operators who excelled in promoting the Morocco bound.
Morocco, Economics, 11/16/1999
Starting meetings of the Egyptian - Turkish business council
Egyptian Minister of Economy Yousef Butros Ghali is opening today the meetings of the Turkish - Egyptian business council which are being held in the headquarters of the Egyptian Businessmen's Association and in which a Turkish delegation comprising officials from the trade and foreign ministries and more than 40 Turkish businessmen working in industry, tourism and trade are participating.
Egypt-Turkey, Economics, 11/16/1999
EgyptAir investigation direction depends on voice data
US National Transportation Safety Board chairman Jim Hall said yesterday that no conclusions have been reached about the crash of EgyptAir flight 990, based on the evidence provided by the cockpit voice recorder which was recovered last weekend.
Egypt, Economics, 11/16/1999
Paris confirms its endeavor to support joint cooperation with Baghdad
Andres Ganee, head of the department taking care of French interests in Baghdad, expressed his country's desire to expanding horisons for joint cooperation with Iraq, saying that the commercial and economic relations between the two countries are witnessing progress and that 130 French industrial and commercial companies are participating in the Baghdad International Fair.
Iraq-France, Economics, 11/16/1999
Islamic corporation for private sector development starts operating in April
The Islamic corporation for the private sector development, set up by the Islamic Development Bank (IDB) with a one-billion-dollar capital, will start operating in the first week of next April, the IDB said.
Regional, Economics, 11/16/1999
Egypt participates in London tourism stock market
Egyptian Minister of Tourism Mamdouh El-Beltagi left Cairo yesterday evening heading a tourism delegation for a several-day visit to the UK, during which he will head the Egyptian delegation participating in the 20th session of the world travel and tourism market, which opened it's activities yesterday and will last until November 19.
Egypt-International, Economics, 11/16/1999
Moroccan-Libyan high commission meeting, bilateral trade far short of potential
Youssoufi deemed it "impossible" to promote economic relations without an air connection between Morocco and Libya. Moroccan minister of trade, industry and handicraft, Alami Tazi, who was member of Youssoufi's party, pleaded at a meeting with his Libyan peer, Meftah Ali Azzouza, for the promotion of trade exchanges saying these exchanges can reach at the mid term $ 400 million.
Libya-Morocco, Economics, 11/15/1999
UAE minister visits Palestinian self-rule areas
United Arab Emirates-Palestine, Economics, 11/15/1999
German parliamentary delegation in Saudi Arabia
Saudi Arabia-Germany, Economics, 11/15/1999
Arab Investment Guarantees Institute holds 8th Arab business conference
The Arab Investment Guarantees Institute (AIGI), the Arab League and a group of Tunisian economic corporations are holding the 8th conference for Arab investors and businessmen this Nov. 23-25.
Regional, Economics, 11/15/1999
Arab bourses union opens annual meeting
The 19th annual conference of the Arab bourses and financial markets opened on Sunday with participation of representatives of most Arab bourses and 55 financial institutes.
Regional, Economics, 11/15/1999
First Saudi exposition in Iran
The first Saudi trade exposition in Iran was opened in Tehran on Sunday, and it will last for six days.
Saudi Arabia-Iran, Economics, 11/15/1999
Arab housing ministers to discuss uniform code for Arab states
The council of the Arab ministers of housing and construction is holding its 17th meeting at Arab League headquarters today and tomorrow to discuss several issues.
Regional, Economics, 11/15/1999
Conference calls for currencies basket for future Palestinian currency
Participants in a conference designed to study prospects of establishing an independent banking sector for the Palestinian-administered regions called on Sunday for establishing an adequate environment to issue a Palestinian currency.
Palestine-Regional, Economics, 11/15/1999
Dubai aerospace exposition opens
The last air force exposition before the new millennium was opened in Dubai on Sunday with the participation of more than 500 companies representing more than 36 countries.
United Arab Emirates-International, Business, 11/15/1999
Algeria signs with EU two agreements worth 95 million euros
Algeria said on Sunday that it signed two agreements with the European Union this month and last September to receive 95 millions euros as part of meda-1 program which grants the Arab state assistance to support its economic reform.
Algeria-European Union, Economics, 11/15/1999
Weak performance of moroccan economy in 1999, think tank says
Morocco, Economics, 11/15/1999
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