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Weekly Edition, Economics  -  Week of April 16, 2001
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Morocco-WB talks on anti-poverty struggle
Morocco, Economics, 4/21/2001

Emirati businessmen explore business opportunities in Morocco
A businessmen delegation from the United Arab Emirates state of Dubai is currently visiting Morocco to explore business opportunities in the country.
Morocco-United Arab Emirates, Economics, 4/21/2001

German company invests in Egypt
A German diplomatic source said on Friday that the large German " Metro" company for distribution is intending to invest a sum of $ 95 million to set up a networking for distributing agricultural ingredients in Egypt.
Egypt-Germany, Economics, 4/21/2001

Mubarak's European tour, a positive impact on economy
"The plans of major international industrial and trade institutions to have centers in nearby markets for making and exporting their products will help draw the attention of such institutions to the Egyptian call," experts say.
Egypt, Economics, 4/21/2001

British investments in Egypt's oil sector increases $ five billion
British Ambassador in Cairo Graham Boyce said that the British oil companies working in Egypt decided to pump more $ 5 billion in prospecting for oil and natural gas within the coming 5 years.
Egypt-UK, Economics, 4/21/2001

Ebeid's Gulf tour boosted bilateral relations
Ebeid said following a meeting with Dubai Crown Prince Sheikh Mohamad Bin Rashid Al-Maktoum that the official announcement on formation of this task force, its members and mandate will be made within weeks.
Egypt-Gulf, Economics, 4/21/2001

Morocco launches bid for fixed telecom networks licenses
The Moroccan Telecom Regulation Agency (ANRT) will launch at the end of this year a bid for the granting of fixed telecom networks licenses.
Morocco, Business, 4/21/2001

Contacts to convene a meeting for Israel's boycott office
The Commissioner General for the Israel's Boycotting Office in Damascus Ahmad Khazaa said on Thursday that contacts have been made with the Arab states to convene a meeting for the office in Damascus.
Regional-Israel, Economics, 4/20/2001

Morocco expects Spain to protect its exports to Europe
Morocco is expecting Spain to ensure safe transit of its exports to Europe, in implementation of the accords and conventions signed between the two countries, in particular the transit of Moroccan exports through Spain," said Moroccan minister of foreign affairs and cooperation, mohamed Benaissa.
Morocco-Spain, Economics, 4/20/2001

Egyptian visa procedure to be eased for Moroccans
The Egyptian authorities will shortly ease the visa procedure for Moroccans wishing to visit Egypt, Egyptian ambassador to Morocco, Ahmed Amine Fathallah, announced.
Egypt-Morocco, Economics, 4/20/2001

Moroccan, Portuguese fisheries ministers meet in Fez
Morocco has repeatedly voiced its willingness to carry on the negotiations insisting however that the UE must understand Morocco's concerns over the situation of the fishery sector and the biological and economic goals it targets.
Morocco-Portugal, Economics, 4/20/2001

Iraq earns additional 418 million euros under UN Oil-for-Food program
Iraq has earned an additional 418 million Euros under the United Nations "oil-for-food" program which allows Baghdad to use a portion of its petroleum revenues to purchase humanitarian relief, the UN announced.
Iraq, Economics, 4/20/2001

Korean economic mission to visit Morocco
A South-Korean economic delegation will visit Morocco April 22-24 to explore partnership opportunities with Moroccan economic operators.
Morocco-South Korea, Economics, 4/20/2001

Managers from Morocco's national telecommunication regulatory agency visit the U.S
The visit will provide opportunity for the Moroccan officials to have discussions with U.S. professionals on numerous technical issues and policies in the telecommunication field, a statement by the U.S. embassy in Rabat said.
Morocco-USA, Economics, 4/19/2001

$ 12 million from Washington to UNRWA
Palestine-USA, Economics, 4/19/2001

Morocco gets ADB loan for airport extension
The Board of Directors of the African Development Bank (ADB) Wednesday approved a loan of 52.70 million Units of Account (about 78 million Euro or 68.11 million dollars) to finance the improvement and extension of some airports in Morocco.
Morocco, Economics, 4/19/2001

Egypt third largest trade partner with Iraq after France, Russia
Egypt is the third largest trade partner with Iraq after France and Russia, according to Iraqi Minister of Trade, Mohammed Mahdi Saleh who was speaking on the sidelines of a trade exhibition of Egyptian products recently held in Baghdad.
Iraq-Egypt, Economics, 4/18/2001

Arab Gulf citizens spend $ 27 billion for foreign trips
A study issued on Sunday in Dubai said that the population of the six Arab Gulf states spend twice of the expenditures of the Europeans in their flights trips abroad, noting that they spent $ 27 billion in the year 2000 in this regard.
Gulf, Economics, 4/18/2001

Toshka: an example of Arab creative ability
Egypt, Economics, 4/18/2001

Ebeid stresses importance of Egypt-Kuwait Common interests
Ebeid held a meeting on Tuesday with members of the Kuwaiti Chamber of Commerce and Industry. During the meeting, Ebeid stressed the importance of boosting joint cooperation between the two states.
Egypt-Kuwait, Economics, 4/18/2001

Why Egypt sees the need for an Arab Common market
the study elaborates the losses incurred by Arabs as a result of accession to the World Trade Organization and from the benefits that could be gained from the establishment of the Arab Common Market in the era of globalization, challenges of agreements on deregulating trade in the field of commodities and services.
Egypt-Regional, Economics, 4/18/2001

Sudan ready to launch satellite
Sudan, Economics, 4/18/2001

WB contributes to IT industry in Egypt
"Egypt is expected to receive more foreign investments during the coming period, especially in the communications and it sector," said Neimat Shafiq, World Bank (WB) Deputy Chairwoman for the Private Sector Development Affairs.
Egypt, Economics, 4/18/2001

Egypt, major liquefied natural gas exporter
Egypt is about to become a major liquefied natural gas exporter with a production estimated to reach some 3,500 million cubic feet a day by the year 2004.
Egypt, Economics, 4/18/2001

Phosphate exports earn Morocco $ 1.5 billion every year
Phosphate exports earn Morocco $1.5 billion per year and the Office Cherifien des Phosphates group (OCP) contributes 2.6 percent of the GDP and 18.5 percent of Morocco's overall exports.
Morocco, Economics, 4/18/2001

Jordan seeks importing drinking water from Syria
Jordan is reportedly trying to obtain drinking water from Syria to honor growing needs in next summer season
Jordan-Syria, Economics, 4/18/2001

Mubarak inaugurates COMESA summit on 22nd May
Egyptian President Hosni Mubarak inaugurates the Sixth Summit of the Common Market for Eastern and Southern Africa (COMESA) on 22nd May in Cairo.
Egypt-Regional, Economics, 4/18/2001

Syrian president issues law on founding private, joint share-holding, banking secrecy
Syrian President Bashar al-Assad has issued Law no, 28 for the year 2001 lately approved by the People's Assembly ( PA) in its session held on March 29.
Syria, Economics, 4/17/2001

Gulf chambers call for establishing the common market
The federation of the Gulf Cooperation Council (GCC) chambers has called in its 26th meeting held in Manama on the Gulf member states to double their efforts to move from the phase of joint economic cooperation to the phase of the joint GCC market and integration.
Gulf, Economics, 4/17/2001

Only 0.3 percent of Morocco's GDP go to scientific research, deplores an official
A Moroccan official has deplored that only 0.3 to 0.4 percent of Morocco's Gross Domestic Product (GDP) are allotted to scientific research.
Morocco, Economics, 4/17/2001

Energy issues to dominate agenda of Earth Summit commission
Ways to meet the world's increasing energy needs while protecting the global environment will be among the issues topping the agenda of the United Nations Commission on Sustainable Development, which opened Monday its two-week session in New York.
Regional, Economics, 4/17/2001

Oman's Telecom Minister in Morocco
Morocco-Oman, Economics, 4/17/2001

Abu Dhabi book exhibition closed at 8 million Dirham of sales
United Arab Emirates, Business, 4/16/2001

Arab economy conference kicks off tuesday in Cairo
A conference on Arab economy will be held in Cairo as of Tuesday to debate ways of improving Arab economies performance and competitiveness in a global market.
Regional, Economics, 4/16/2001

New vision on Egypt-Austria economic cooperation
Talks between Egyptian and Austrian businessmen, held recently in Cairo, revealed a new vision on the possibility of economic cooperation, initiated in 1998 when Atef Ebeid, the then-minister of public enterprises, visited Vienna.
Egypt-Austria, Economics, 4/16/2001

Islamic space station from Dubai
United Arab Emirates, Business, 4/16/2001

Study stresses need to turn car making into Arab strategic industry
A study conducted by the Arab industrial development organization stressed the need to turn car making into a strategic industry and a Pan-Arab goal on the top of Arab economic planning priorities
Regional, Economics, 4/16/2001

Morocco, Cote d'Ivoire sign accord on vocational training
Morocco and Cote d'Ivoire signed a protocol of agreement on cooperation in matters of vocational training and employment.
Morocco-Cote D'Ivoire, Economics, 4/16/2001


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