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AIIG praises Egypt's economy
Arab Institution for Investment Guarantee (AIIG) affirmed that the Egyptian government is still successfully implementing economic reform policy on all levels. "The Egyptian government adopted a package of procedures to maintain financial stability, export diversification, import control, improved use of technology.
Egypt, Economics, 9/16/2000
Italian sources: Italy cancels debts on 41 poor countries
In moving toward easing the suffering of the very poor countries and the developing ones from the burden of external debts, the Italian parliament ratified during the last days a law that exempts the poor countries from their debt to Italy which equal 7 billion dollars that are due to government and to the export loans agencies.
Regional, Economics, 9/16/2000
An Iraqi delegation in Beirut today
An Iraqi delegation headed to Beirut today to participate in inaugurating the first market for the Iraqi goods in Lebanon since 1990.
Lebanon-Iraq, Economics, 9/16/2000
Work on implementing Egyptian - Jordanian agreements begins in Amman
Meetings of the follow-up committee for implementing the Egyptian agreements began today in Amman in which the Egyptian side is headed by the first under secretary of the international cooperation ministry Ali Salman while the Jordanian side is headed by the secretary general of the trade and industry ministry Mohammed Samer El-Taweel.
Jordan-Egypt, Economics, 9/16/2000
Egyptian-European Council, modernizing Egypt's industrial sector
The European Union (EU) responded to Egypt's demands over the two-side partnership agreement.
Egypt-European Union, Economics, 9/16/2000
Morocco-european union fishery dialog to resume end september, EU says
Morocco and the European Union (EU) will resume on September 28-29 their dialog on the fisheries dossier, it was officially announced Friday in the EU capital of Brussels.
Morocco-European Union, Economics, 9/16/2000
Morocco, Egypt Fishery Commission Winds up meeting
The Moroccan-Egyptian joint fishery commission wound up Friday a meeting in Rabat with a call to further improve cooperation in fishery related-sectors.
Morocco-Egypt, Economics, 9/16/2000
Third conference of African trade ministers in Cairo today
Yussef Botrus Ghali, the Egyptian minister of the economy and foreign trade, is opening today works of the third conference of the African trade ministers which Egypt organizes in association with the Organization of African Unity.
Regional, Economics, 9/16/2000
Egypt to become prominent member of technology market
Egypt is to become a prominent member of the global technology market through a national technological development plan , Minister of Communications, Information and Technology Ahmed Nazif said adding that this comes in conformity with last year's initiative of President Hosni Mubarak.
Egypt, Economics, 9/16/2000
Egyptian money exchange companies on stopping price increases
The Egyptian money exchange companies refused fixing the price of the dollar and depicted this proposal of being against the free market policies followed by the government during the current period.
Egypt, Economics, 9/16/2000
Euromoney conference to be held annually in Egypt
The Conference came up with positive results; first of which is the participation of 1300 businessmen from 37 Arab, European and Asian countries in addition to the USA. Accordingly, this conference is one of the largest economic conferences worldwide and the sole regional conference to be held in Cairo on regular basis.
Regional-European Union, Economics, 9/16/2000
U.S.A hopes to reach agreement on free trade with Jordan
U.S diplomatic sources in Jordan said that they hope to achieve large progress in the talks to ratify a free trade agreement with Jordan which is considered an important ally to the U.S.A in the Middle East. The talks began during this week in Washington.
Jordan-USA, Economics, 9/15/2000
A new strategy for tourism promotion in Morocco
Mohammed Bu Leghlagh, manager of the Moroccan national bureau for tourism in M.E assured that there is a new strategy for Moroccan tourism to attract 4 million tourists in year 2004 in which Arabs form nearly 30% and that is a new trend instead of the former one focused on European tourism.
Morocco-Kuwait, Economics, 9/15/2000
Yemen and Cuba agree on enhancing the joint investments of the private sector
The Yemeni president Ali Abdu Allah Saleh concluded an official a 3-day visit to Cuba in which he discussed the commercial and economic cooperation ties.
Yemen-Cuba, Economics, 9/15/2000
An international industrial phenomenon in Dubai in next week
Dubai is to witness in next week one of the largest industrial fairs in the gulf area when activities of the international conference and fair for the industrial technology "Techno Seven" which tackles 7 sorts of the industrial sectors is held at Dubai international trade center between 17th - 20th of this month.
United Arab Emirates, Economics, 9/15/2000
U.S - Saudi agreement for marketing gas
The national company for the industrial gas 'Gas' which is affiliated to the Saudi company for the basic industries 'Sabec' - signed an agreement with 'R.O.C' company for the U.S gas according to which the U.S company gets the new production of the mixed Krebton and Zenon Gases from 'Gas' company to sperate them and to market them internationally.
Saudi Arabia, Business, 9/15/2000
Yemen warns of the increase in foreign workers
A Yemen official warned of the increase in number of the foreign workers in areas that could be performed by Yemeni citizens in the future.
Yemen, Economics, 9/15/2000
Quebec's enterprises explore investment opportunities in Morocco
A group of 44 enterprises from the Canadian French-speaking province of Quebec are undertaking this September 25-28 a study visit to Morocco, led by the province vice-premier, Bernard Landry.
Morocco-Canada, Economics, 9/15/2000
Moroccan state paid $ 945 million in subsidies
The Moroccan state has paid a total of 10.4 billion DH ($ 945 million) in subsidies to oil and basic products, which represents 60% of the state annual investment budget and more than the budget deficit.
Morocco, Economics, 9/15/2000
Moroccan government ponders on measures to stabilize fuel prices
The Moroccan government held on Thursday a meeting to ponder on measures to stabilize fuel prices at the internal market and safeguard the interests of the economy.
Morocco, Economics, 9/15/2000
Establishing a specialized Arab tourism bank
Regional, Economics, 9/15/2000
Union of arab bourses to be transferred to Beirut
Lebanese finance minister George Corm signed on Thursday an agreement with secretary general of the Union of Arab Bourses Saafak Al-Rkaibi to transfer the union's head office from Cairo to Beirut.
Lebanon, Economics, 9/15/2000
Euromoney director lauds Egyptian economic performance
Euromoney General Director Richard Ansor paid tribute to the improvement the Egyptian economy has experienced in the last year, highlighting the country's increase in exports and elasticity in the exchange rate of the Egyptian pound.
Egypt, Economics, 9/14/2000
Post and communication minister deny restructuring will cancel the ministry
Jordanian post and communication minister Hatem El-Zoebi denied the intention to cancel his ministry, saying that the restructuring that was lately spoken about will take place in a new program based on data and technology to serve Jordan's future aspirations and the economic developments.
Jordan, Economics, 9/14/2000
Malaysian minister meets Jordanian Prince Faisal
Malaysian minister of International Trade and Industry Rafidah Aziz conferred in Kuala Lumpur Wednesday with Prince Faisal Al-Hussein, the heir apparent to the King of Jordan, Malaysian news agency BERNAMA reported.
Jordan-Malaysia, Economics, 9/14/2000
Tourism professionals called to improve product quality
Moroccan tourism professionals and tour operators have been called to improve the quality of the tourism product and to diversify it through the promotion of the culture, sports and leisure windows.
Morocco, Economics, 9/14/2000
Saudi Arabia requests Lebanese explanation for banning milk cargo
Saudi Arabia requested a Lebanese explanation concerning the banning at the border of a cargo shipment of milk product.
Saudi Arabia-Lebanon, Economics, 9/14/2000
Marketing half of the channels of the second Egyptian satellite before actual operation
Half of the channels of the Egyptian satellite Nilesat 102 have been marketed before its actual operation. The satellite was launched successfully, to be fixed in its orbit seven degrees west, at 2:00 am on the 18th of August.
Egypt, Business, 9/14/2000
Morocco: privatizing the communication company
It has been officially decided releasing privatizing Morocco Communication Company on the 3rd of the coming month after a series of political and technical delaying, which lasted few months.
Morocco, Economics, 9/14/2000
Ukrainian Businessmen Carry on Contacts in Morocco
The delegation of Ukrainian businessmen, led by former President of Ukraine, Leonid Kravtchouk, that is currently visiting Morocco is carrying on contacts with Moroccan officials to explore new cooperation opportunities.
Morocco-Ukrain, Economics, 9/14/2000
An increase in Israeli tourists to Jordan
Jordanian tourism and archeology minister Akel Beltagi said in a interview to the Jordanian newspaper al-Destour this week that Israeli tourists to Jordan increased by 22% during the first seven months of the current year.
Jordan-Israel, Economics, 9/14/2000
Egyptian - Saudi Arabia to strengthen economic ties
The Egyptian - Saudi supreme committee will convene its meetings under the chairmanship of the two countries' foreign ministers during the second half of coming October to discuss increasing investment and economic cooperation.
Saudi Arabia-Egypt, Economics, 9/13/2000
Oman's parliament examines securities market
Oman, Economics, 9/13/2000
Iraq allows establishing private insurance companies
For the first time in 32 years, the Iraqi commerce ministry allowed the private insurance companies to work in the country and according to the procedures ratified by the ministry five companies were allowed to get the necessary authorizations with the possibility of giving the authorization to other companies in the coming period.
Iraq, Economics, 9/13/2000
Miro addresses Arab Economic Council
Syria's Prime Mister Mohammed Mustafa Miro said Wednesday Arabs have compulsory options that they could not do without or avoid. Arabs " cannot stay alone in a world ruled by cartels. They cannot protect their economies.. From its (forced options) effects," Miro told the 66 session of the Arab League Social and Economic Council.
Regional, Economics, 9/13/2000
Tourism returns increase by 12% in jan-july 2000
Morocco, Economics, 9/13/2000
Islamic bank lends Morocco us$ 18 mln for water projects
Morocco, Economics, 9/13/2000
Mubarak inaugurates Sidi Krir Power Station
Egypt's President Hosni Mubarak inaugurated the giant Sidi Krir Power Station, with a 640 megawatt capacity.
Egypt, Economics, 9/13/2000
Morocco's hard currency reserves amount to $ 5.14 billion
Morocco, Economics, 9/13/2000
Morocco's trade balance deficit worsens by 36% during january-july period
Morocco's trade balance deficit amounted during the first seven months of year 2000 to some $2.51 billion compared to $1.84 billion during the same period in 1999 worsening by 36 %, according to the exchange office. $2.51 billion
Morocco, Economics, 9/13/2000
Differences in choosing a new secretary general for oil organization
OAPEC will convene a ministerial meeting in Vienna in November the 12th to choose a secretary general for the organization to succeed Nigerian Rilwano Lokman who has been assuming the power since 1994.
Regional-Venezuela, Economics, 9/13/2000
Algiers' international book fair opens next week
The 6th international book fair of Algiers opens next Monday with the participation of scores of Arab intellectuals, including Moroccan Abed El-Jabiri.
Algeria, Economics, 9/13/2000
Morocco's food products imports increase by 17.6 % in jan-july 2000
Moroccan imports of food products in the period between January and July 2000 were worth 7.97 Billion Dirhams (US $ 724 mln), marking an increase of 17.6% compared to 6.78 billion Dirhams-worth of food products imports in the corresponding period of 1999.
Morocco, Economics, 9/13/2000
Miro receives Iraqi Trade Minister
Syria-Iraq, Economics, 9/12/2000
Arab economic ministers discuss difficulties facing the Arab free trade zone
The social - economic council is discussing tomorrow on the ministers' level in Damascus how to overcome the difficulties confronting applying the grand free Arab trade zone.
Regional, Economics, 9/12/2000
King Mohammed presides over signing of 39 conventions
The conventions deal with low-cost housing, industrial and tourism areas creation, encouragement of textile and information technologies sectors, highway program, sea fisheries, water supply to rural areas, cultural and environment projects and other programs to back up micro-credit associations.
Morocco, Economics, 9/12/2000
Iraq accuses U.S.A of marginalizing OAPEC's role
Iraq questioned if the secretary general of the oil group OAPEC (Organization of Arab Petroleum Exporting Countries) is fully qualified to lead the organization.
Regional, Economics, 9/12/2000
Mubarak to give go-ahead to Nilesat 102 operation
Egypt's President Hosni Mubarak will give the go-ahead to operating the Nilesat 102, Egypt's second satellite, within hours.
Egypt, Economics, 9/12/2000
Egypt's economy promising and investment-attracting, Ebied asserts
Egypt, Economics, 9/12/2000
Former Ukraine president leads business delegation to Morocco
Former President of Ukraine, Leonid Kravtchouk, is currently visiting Morocco, heading a business delegation.
Morocco-Ukraine, Economics, 9/12/2000
Deepwater oil operation puts Egypt on the map
Construction is underway on Egypt's first offshore oil platform, the only deepwater petroleum operation in the Middle East.
Egypt, Economics, 9/12/2000
Morocco's oil bill to exceed one billion dollars
Last month, Lone Star Energy Corporation, off-shoot of the US Skidmore Inc. Announced the discovery of oil and gas reserves at Talsint, assessed at 1.5 to 2 billion barrels and 100,000 barrel of oil reserve ay the Sidi Belkacem I well.
Morocco, Economics, 9/12/2000
Cairo to host European Investment Meeting
The European Investment Bank decided to hold its board of directors for the first time outside Luxembourg, the headquarter state.
Egypt, Economics, 9/12/2000
Maroc-telecom sales increase by 32%
Maroc-Telecom company has posted sales of 5.42 billion DH ($ 542 million) up to last June 30, marking a growth of 32% compared to the corresponding period of 1999, said the company's Chief Executive Officer, Abdeslam Ahizoune.
Morocco, Business, 9/12/2000
Dialogue ahead of Euro-Egyptian partnership agreement
"A Euro-Egyptian dialogue is in progress on a number of queries raised by Egypt regarding a draft partnership agreement between the two sides," Minister of Economy and Foreign Trade Youssef Boutros Ghali pointed out.
Egypt, Economics, 9/11/2000
European experts note President al-Assad's efforts to make of Syria Japan of the Middle East
The Paris- based weekly al-Muharrir news said in its Friday's issue that views of European businessmen and experts meet on the point focusing on President Bashar al-Assad intention to convert Syria within years into " A Middle East Japan."
Syria, Economics, 9/11/2000
U.S - Egyptian negotiations to supply the U.S armies
Egyptian sources assured that the U.S Egyptian negotiations concerning reviving an old commercial agreement that is related to the date of Camp David accords ratification "are about to get finished."
Egypt-USA, Economics, 9/11/2000
Scheduling Sudan due debts for the Arab fund
Kuwaiti sources revealed that there are current arrangement for scheduling Sudanese's due debts the Arab fund for the Arab economic development.
Sudan, Economics, 9/11/2000
The Turkish water projects on the Tigris and Euphrates
The London- based al-Quds al-Arabi daily said in its Friday's issue that the Turkish water projects on the Tigris and the Euphrates which count 21 dams and 19 electricity generation stations besides irrigation infrastructure estimated at US $ 32 billion will affect the water flow of the Euphrates river and consequently will have an adverse impact on the economics of the river's basin especially on Syria and Iraq.
Regional, Economics, 9/11/2000
Teamsters' federations diverge on strike movement to protest fuel price hike
The national federation of trade unions of Morocco's teamsters (FNSTRM) on Saturday decided to suspend the strike movement initially scheduled for Tuesday while the National Confederation of Teamsters (CNTR) decided to stage the strike slated for this Monday and Tuesday to protest the government's decision to increase fuel prices.
Morocco, Economics, 9/11/2000
Morocco earmarks $ 900,000 for underground water in south
Morocco, Economics, 9/11/2000
Oil Company Employees Postpone Strike
Morocco, Business, 9/11/2000
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