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Weekly Edition, Economics  -  Week of June 25, 2001
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Iraq and the free zone
The director of the Iraqi free zone area Hameed Shuker said that Iraq asked the Syrian government to permit the Iraqi citizens enter directly to the free zone area established by Iraq in al-Qaem area on the joint border with Syria.
Iraq-Syria, Economics, 6/30/2001

A Saudi delegation in Jordan to discuss the establishment of a free trade zone
A Saudi delegation including representatives for both the private and public sectors will pay a visit to Jordan next week to discuss the draft agreement to establish a free trade exchange zone between the two states, according to the Saudi daily al-Watan in its Thursday's issue.
Saudi Arabia-Jordan, Economics, 6/29/2001

EU trade commissioner meets Moroccan employers
The restructuring must not be perceived as a punctual operation, but must be operated in the frame of a sustained, permanent process to adapt economy and enterprise to the new globalization data, the CGEM members said calling the EU to foster assistance to this process.
Morocco-European Union, Economics, 6/29/2001

International Institutions welcome positive annual growth of Egypt's economy
Egyptian Economy and Foreign Trade Minister Youssef Boutros Ghali is continuing his tour of six European states to promote Egypt's investments, market exports and find the best terms to offer Egypt's bonds in American dollars.
Egypt-European Union, Economics, 6/29/2001

WB denies allegations on money laundering
A top World Bank official yesterday denied that the international lending agency mentioned Egypt in any of its documents or reports on money laundering.
Egypt, Economics, 6/29/2001

Arab shipping company realizes 40.7 million dollars in net profits
The Arab shipping company said Thursday it posted US$ 40.7 million in net profits last year thus boosting its financial position and pumping overall profits to US$ 43.1 million.
United Arab Emirates, Business, 6/29/2001

India displays textile industry in Casablanca
Morocco-India, Economics, 6/29/2001

Moroccan, Tunisian Air Companies Consolidate Cooperation
The Moroccan and Tunisian air companies, Royal Air Maroc and Tunis Air, launched a code sharing partnership starting next July 1st.
Tunisia-Morocco, Business, 6/29/2001

Kuwaiti fund loans Morocco 50 mln for highway
The Kuwaiti Fund for Arab Economic Development granted on Thursday Morocco a loan worth US$ 5.7 million as a contribution to financing the Casablanca-El Jadida highway.
Morocco-Kuwait, Economics, 6/29/2001

Saudi Arabia, Iran to found a joint bank
Saudi Arabia and Iran signed an agreement to found a joint Saudi- Iranian bank with Bahrain as a headquarters and has branches in other countries and free zones in Iran.
Saudi Arabia-Iran, Economics, 6/28/2001

The Gulf states study means of uniting their currency
The first meeting of the technical committee in charge of studying the necessary requirements to implement article 22 of the common economic agreement of the Gulf Cooperation Council GCC member states on uniting the currency under the chairmanship of the governor of the Bahrain Monetary foundation Sheikh Ahmad Bin Muhammad al-Khaleifa.
Gulf, Economics, 6/27/2001

Egyptian parliament approves trade agreement with Iraq
Egypt-Iraq, Economics, 6/27/2001

A call to liberalize inter Arab trade services
A report by the Arab banks federation has called to enroll the issue of liberalizing inter- Arab financial services in the agenda of the first Arab economic conference due to be held in Cairo in December this year especially after 7 Arab states agreed the principle of liberalizing the services.
Regional, Economics, 6/27/2001

European trade commissioner in Morocco
European commissioner for trade, Pascal Lamy is expected in Morocco Thursday on a three-day visit.
Morocco-European Union, Economics, 6/27/2001

Moroccan northern regions absorb between 8 to 9 billion dh in investments annually
Investments injected in northern Morocco are worth an annual 8 to 9 billion DH (US$ 727 to 818 million), said Morocco's premier, Abderrahmane Youssoufi.
Morocco, Economics, 6/27/2001

Morocco needs more engineers
The number of engineers in Morocco is still low in view of the country's growing economic development needs, the Head the Moroccan Institute of electricity and mechanics said.
Morocco, Economics, 6/27/2001

Egyptian-Lebanese higher committee recommends enhancing economic cooperation
The Egyptian-Lebanese Higher Committee reviewed at its meeting on Monday the resolutions endorsed during the fourth meeting of the committee, held in Beirut in last May.
Lebanon-Egypt, Economics, 6/26/2001

Mubarak stresses need to modernize Egyptian industry
Egyptian President Hosni Mubarak Tuesday said that Egypt's signing Monday of a partnership agreement with the European union is meant to render export operations smooth and give an impetus to Egypt's modernisation in various aspects.
Egypt, Economics, 6/26/2001

Morocco, Malaysia explore cooperation possibilities in new information technologies
Morocco-Malaysia, Economics, 6/26/2001

Moroccan-Indian businessmen undertake to consolidate cooperation
Moroccan and Indian businessmen have voiced commitment to consolidating economic and commercial cooperation between Morocco and India.
Morocco-India, Economics, 6/25/2001

Industrial modernization programs run in parallel
The Egyptian Minister of Industry and Technological DevelopmentMostafa al-Rifaei Monday said the three programmes on modernizing industry in Egypt, financed by the Egyptian government, the private sector and the European Union, run parallelly to develop industrial sectors in order to cope with new changes.
Egypt, Economics, 6/25/2001


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