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Weekly Edition, Economics  -  Week of February 7, 2000
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Morocco-Jordanian high joint commission agreement comes into effect
Morocco-Jordan, Economics, 2/12/2000

King Mohammed meets African development bank chief
King Mohammed VI received on Thursday in Marrakesh Omar Kabbaj, chairman of the Abidjan-based African Development Bank.
Morocco, Economics, 2/12/2000

Swedish agriculture minister visits Morocco monday
Swedish minister of agriculture and maritime fisheries, Margretta Winberg, is expected in Morocco on Monday on a three day visit.
Morocco-Sweden, Economics, 2/12/2000

Experimental mobile phone service to start in Syria
Syria, Business, 2/12/2000

Maroc-Telecom will be privatized in 2002
Maroc-Telecom will be sold to the private sector in 2002, announced minister of the public sector and privatization, Rachid filali on Friday.
Morocco, Business, 2/12/2000

3.77 billion LE in transfers from Egyptians abroad
The total amount of banking transfers from Egyptians working abroad reached 3.77 LE during 1999.
Egypt, Economics, 2/12/2000

250 companies in Saudi communication fair
The eighth Saudi communications fair is to conclude on Monday after four days with the participation of more than 250 Saudi, Arab and foreign companies.
Saudi Arabia, Business, 2/12/2000

Fair for Egyptian products in Shareka
Egypt, Business, 2/11/2000

Turning Egyptian atomic power organization into an economic sector
Egypt, Economics, 2/11/2000

Egyptian - Tunisian business council Meeting in Cairo next month
The Egyptian - Tunisian business council aims to triple the amount of trade between Tunisia and Egypt.
Egypt-Tunisia, Economics, 2/11/2000

New British - Egyptian companies
Jeremy Hanley, head of a British mission for trade and investment, said at the conclusion of the mission's visit to Cairo that there are offers to establish new British - Egyptian companies in the fields of fabrics, textiles and drilling for petroleum and others to run the economic free trade area in east Port Said city (Egypt) to which the British side contributes 60%, while Egypt contributes 40%.
Egypt-UK, Economics, 2/11/2000

Al-Walid Bin Talal to lead a campaign for fundraising to Lebanon
Lebanon-Saudi Arabia, Economics, 2/11/2000

An increase in Egyptian exports percentage to 20 countries
Egypt, Economics, 2/11/2000

Energy in Syria
Syrian physics researcher Adnan Mustafa has asserted that crude oil constitutes the backbone of the current energy system in Syria. He estimated the current production of Syria's crude oil at 600,000 barrels per day.
Syria, Economics, 2/11/2000

Egyptian - Kuwaiti company for technology in Cairo
Egypt-Kuwait, Business, 2/11/2000

Euro-Mediterranean conference on investment in Lisbon
Regional, Economics, 2/11/2000

Arab tourism ministers participate in the Mediterranean Sea fair for tourism
Regional, Economics, 2/11/2000

Kuwaiti shopping festival coincides with renewed prosperity
Kuwaiti economic sources stated that the second Kuwaiti shopping festival, Hala (Welcome) February 2000, which will last till the 24th of this month, contributed in finding a condition of economic prosperity in Kuwait after a long period of stagnation.
Kuwait, Economics, 2/11/2000

Moroccan, Spanish firms sign cooperation accord
Moroccan electricity company (ONE/state-owned) and Spanish industrial group FENOSA, concluded Wednesday a cooperation accord in matters of electricity production, transport and distribution.
Morocco-Spain, Economics, 2/11/2000

Moroccan economic operators in Singapore in March
A delegation of Moroccan economic operators will pay a visit to Singapore next March 23 through 25 to explore partnership opportunities.
Morocco-Singapore, Economics, 2/11/2000

Cost of living index increases by 0.7%
Morocco, Economics, 2/11/2000

Maghreban railway transport committee meets
Managers of the railway companies of Algeria, Libya, Mauritania, Morocco and Tunisia looked into investment programs relating to the Trans-Maghreb. Cooperation in staff training and exchange of technical expertise in railway technologies was equally on the agenda.
Maghreb, Economics, 2/11/2000

Iraqi - Russian cooperation in electricity
Iraq-Russia, Economics, 2/11/2000

Wholesale prices index increases by 0.8%
Wholesale prices index increased by 0.8% in 1999 compared to 1998, according to the Statistics Department's newsletter.
Morocco, Economics, 2/11/2000

More than $110 million earmarked for improving Casablanca port equipment, services
Morocco, Economics, 2/11/2000

Alami heads coordination meeting of UNCTAD X delegation
Morocco-International, Economics, 2/10/2000

21% foreign investment in Tunisian stock market
Tunisia, Economics, 2/10/2000

Alioua opens African union's executive bureau conference
Morocco-Africa, Economics, 2/10/2000

Important Moroccan-Turkish economic meeting in coming three months
Moroccan and Turkish economic operators are to hold an important encounter in the coming three months, and the upcoming session of the high joint commission will examine cooperation in various economic sectors between Morocco and Turkey.
Morocco-Turkey, Economics, 2/10/2000

Benaissa flies to Bangkok to attend UNCTAD X conference
Moroccan Minister of Foreign Affairs and Cooperation Mohamed Benaissa heads this Thursday to Bangkok to attend the UNCTAD X conference to be hosted by the Thai capital February 12 through 19.
Morocco-International, Economics, 2/10/2000

Morocco, Indonesia to sign non-double taxation accord
Morocco and Indonesia are to sign shortly an accord on non-double taxation and tax evasion, a statement by the Moroccan foreign department said.
Morocco-Indonesia, Economics, 2/10/2000

German president to visit Palestine
Palestinian President Yasser Arafat and German President Johannes Rau will lay the cornerstone for a project in the industrial area of Haneen on February 20 at a cost of $25 million US that Germany will fully pay.
Palestine-Germany, Economics, 2/10/2000

Mubarak reviews east Port Said devolopment project
President Hosni Mubarak yesterday chaired a meeting of the Ministerial Committee for Mega National Projects.
Egypt, Economics, 2/10/2000

Canadian commercial trade arrives at Cairo
Egyptian - Canadian commercial discussions started today in Cairo through the mission of the Arab - Canadian commercial council which is currently visiting Cairo until February 14 under the chairmanship of James Patakalf, head of the council.
Egypt-Canada, Economics, 2/10/2000

Strong decline in Egyptian rice exports due to Asian competition
Egyptian rice exports retreated to 128,000 tons between October 1998 and May of 1999 in comparison to 178,000 tons during the previous season.
Egypt-International, Economics, 2/10/2000

Moroccan power plant connected to electric grid, five months early
The third electricity unit of Jorf Lasfar power plant (230 km south of Rabat) was connected to the national electric grid last Monday, five months ahead of the initial scheduled planning.
Morocco, Business, 2/10/2000

Harbor traffic increases by 9.1% in 1999
Moroccan harbor traffic reached about 52.7 million tons in 1999, thus recording an increase of 9.1% compared to 1998, the Equipment Ministry said.
Morocco, Economics, 2/10/2000

Half of Africans lack access to water
More than half of the African population lacks access to safe water while nearly two-thirds lack a sanitary means for excreta disposal, according to a document by the World Commission on Water for the 21st century.
Regional-Africa, Economics, 2/10/2000

COMESA, EU sign agreement to support regional integration
The Common Market for Eastern and Southern Africa (COMESA) and the European Union have signed an $8.6 million agreement to support the second phase of regional integration programs in Eastern and Southern Africa.
Regional-European Union, Economics, 2/10/2000

Syria to help Lebanon repair power stations destroyed by Israel
Syrian Minister of Electricity Munib Saed al-Daher on Tuesday inspected the damage that resulted from the Israeli aggression on Jamhour power station in Beirut.
Lebanon-Syria, Economics, 2/9/2000

$3 billion in British - Egyptian trade
Sir Jeremy Hanley, head of the board of directors of the limited company for investment and international trade missions -andhead of the British mission for trade and investment that is currently visiting Cairo, said that the volume of trade volume between the two countries has reached $3 billion annually.
Egypt-UK, Economics, 2/9/2000

Jordan, Germany sign debt rescheduling agreement
Jordan-Germany, Economics, 2/9/2000

Mubarak reviews development project in Gulf of Suez
President Hosni Mubarak yesterday said the government was attaching great importance to a new project aimed at developing the area northwest to the Gulf of Suez.
Egypt, Economics, 2/9/2000

Joint Egyptian - Iranian projects
Egypt-Iran, Economics, 2/9/2000

Establishing a free zone for technology and information in Dubai
Dubai's government issued a new law yesterday establishing a free zone for technology, information and electronic trade to design, develop, use and maintain data technology, communications, information services and electronic trade in addition to presenting Internet services, commercial and advertisement, assembling, covering, importing, exporting and storing products.
United Arab Emirates, Business, 2/9/2000

Egypt's gates, wide open for world investments
Prime Minister Atef Ebeid held a meeting yesterday with the UK Investment and Trade delegation, currently in Cairo
Egypt-UK, Economics, 2/9/2000

IDB to support Moroccan strategic sectors
Morocco, Economics, 2/9/2000

IDB approves new finances for more than $ 202 million
The Islamic Development Bank approved, at the conclusion of its 191 session in Jeddah earlier this week, new finances for more than $ 202 million in favor of a number of member countries and Muslim communities in nonmember countries.
Morocco, Economics, 2/9/2000

Morocco to launch new satellite TV channel
Morocco, Business, 2/9/2000

Increase of 13% in tourists coming to Tunis
Tunisia, Economics, 2/8/2000

Moussa: Egypt puts relations with China on top of foreign policy priorities
Egyptian Foreign Minister Amr Moussa stated that Egypt puts boosting its economic relations with China on top of the priorities of its commercial and economic relations with the world's different countries.
Egypt-China, Economics, 2/8/2000

25 investment projects between France and Algeria
Algeria-France, Economics, 2/8/2000

King Mohammed inaugurates several projects in Casablanca
King Mohammed VI inaugurated Monday several socioeconomic projects in Casablanca before traveling to Marrakesh.
Morocco, Economics, 2/8/2000

More allocations to speed up communications, its investments within two years
President Hosni Mubarak chaired early this week an expanded ministerial committee meeting to draw out the national strategic communications and information plan and underlined it in the following steps:
Egypt, Economics, 2/8/2000

Commencing Egyptian - British commercial talks
Egyptian - British commercial talks started today in Cairo under the chairmanship of Mahud El-Arabi, head of the Egyptian - British trade chambers, while from the British side David Blatherwick, head of board of directors of the Egyptian-British Chamber of Trade in London, who arrived heading a commercial mission in a visit that will last until the end of this week.
Egypt-UK, Economics, 2/8/2000

Meetings on Arab free trade zone start tomorrow in Cairo
Meetings of the Arab social and economic council for following up means of implementing the greater Arab free trade zone are to start tomorrow at the Arab League's headquarters.
Regional, Economics, 2/8/2000

Turkey determined to bolster cooperation with Morocco
Turkish Minister of Foreign Affairs Ismail Cem started talks on Monday in Rabat with Moroccan officials on the consolidation of political and economic cooperation between Ankara and Rabat.
Morocco-Turkey, Economics, 2/8/2000

Fisheries minister presents to King Mohammed project of six fisher villages
Moroccan fisheries minister, Thami Khyari, presented Monday to King Mohammed VI a project to set up six more fisher villagers in southern Morocco.
Morocco, Economics, 2/8/2000

Indian tobacco commercial delegation visits Cairo
An Indian commercial delegation comprised of six major tobacco exporters under the chairmanship of S. M. Ashraia, head of the Indian tobacco organization in the Trade Ministry, is currently visiting Cairo.
Egypt-India, Economics, 2/8/2000

Israeli -Jordanian imports and exports in balance
The Israeli embassy in Amman announced on Monday the equal balance in Jordanian - Israeli trade for 1999 for the first time since signing the Jordanian - Israeli peace agreement in 1994 and after this trade balance used to be in favor of Israeli exports.
Jordan-Israel, Economics, 2/8/2000

IDB announces creation of private sector agency
The Jeddah-based Islamic Development Bank (IDB) announced in Rabat on Monday that it will open shortly an agency to deal with the private sectors.
Regional, Economics, 2/8/2000

Iraqi- Tunisian trade talks
Iraq-Tunisia, Economics, 2/7/2000

Cephalopod fishing stoppage to last through April
Morocco, Economics, 2/7/2000

Morocco, Egypt to foster maritime transport cooperation
Morocco and Egypt pledged to foster their cooperation in maritime transport, coordinate their activities in the sector of merchant navy and to endeavor to materialize a genuine partnership.
Egypt-Morocco, Economics, 2/7/2000

Egypt, capable of attracting huge technology investments
Addressing a joint meeting of Northern Virginia Technology Council and Arab American Chamber of Commerce, Egypt's Ambassador to Washington Nabil Fahmy highlighted that Egypt gave top priority to communication technology as a main source inspiring huge US investments.
Egypt-USA, Economics, 2/7/2000

Mubarak reviews national water policy
President Hosni Mubarak yesterday reviewed Egypt's water policy till the year 2017 during a two-hour meeting with a ministerial committee.
Egypt, Economics, 2/7/2000

Yemen trains technicians for dam maintenance
Yemen, Economics, 2/7/2000

WB lauds Egypt's educational programs
During his Saturday meeting with Minister of Education Hussein Kamel Bahaa Eddine, Head of the World Bank (WB) expressed the Bank's appreciation of the success of Egypt's educational reform programs.
Egypt-World Bank, Economics, 2/7/2000

Five fairs for archeology abroad
Egypt, Economics, 2/7/2000

Major media projects into new horizons in 2000
Minister of Information Safwat El-Sherif will arrive in Paris, France, on February 15 on a five-day visit to inspect the Egyptian Satellite in Toulouse after it has been assembled and made ready for launch in July.
Egypt, Business, 2/7/2000

Egyptian-Chinese political ties enhance mutual interests
"Egyptian-Chinese trade balance is so markedly growing that it accounted for $750 million in 1999," said Foreign Minister Amr Moussa.
Egypt-China, Economics, 2/7/2000

Qatar preparing budget
Qatar, Economics, 2/7/2000

UAE gets new waste disposal facility
United Arab Emirates, Economics, 2/7/2000

Syria confiscates Israeli locks
Syria-Israel, Economics, 2/7/2000

European investment bank's loans to Morocco totalled 263 million euros in 1999
Morocco-European Union, Economics, 2/7/2000


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