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Weekly Edition, Economics  -  Week of August 27, 2001
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Losses of Jerusalem's hotels
Palestine-Israel, Economics, 9/1/2001

Egypt-US free trade agreement to buttress bilateral relations
Mohammed A1 Ghamrawi, Egyptian Chief of the General Authority for Investment and Free Zones (GAFI), underlined the importance of speeding up the signing of the free trade-agreement between Egypt and the United States to buttress relations in the economic field.
Egypt-USA, Economics, 9/1/2001

Inter- Arab trade via Internet estimated at $ 150 million
The Arab economic unity council has estimated the volume of inter- Arab trade exchange through the "Internet" ( Electronic Commerce ) at $ 150 million. A rate which is estimated at $ 74 billion all over the world.
Regional, Economics, 9/1/2001

Egypt's new industrial map to be considered by Mubarak this week
Egyptian Minster of Industry and Technological Development Mostafa Al-Refa'ai said that the ministry finished the preparation of a new industrial map that includes full information on all the industrial establishments in all governorates which were shot by Satellites.
Egypt, Economics, 9/1/2001

Egypt: A highway adjoining the Mediterranean coast, underway
The Egyptian daily al-Akhbar said on Thursday that works in the highway which adjoins the coast of the Mediterranean and links between Rafah to the east and al-Salloum on the borders with Libya to the West will be completed by the year 2002.
Egypt, Economics, 9/1/2001

Active Arab participation at the 48th DIF
The 48th Damascus International Fair (DIF) which will continue until September 7th is attended by 30 countries and 127 Arab and foreign companies.
Syria-Regional, Economics, 8/31/2001

UNRWA Aids to the Palestinians
Palestine, Economics, 8/31/2001

Belgian business delegation in Morocco early September
A large Belgian delegation of economic operators will pay a work visit to Morocco September 9 through 14 to explore partnership opportunities with Moroccan peers.
Morocco-Belgium, Economics, 8/31/2001

Kuwait to extend Indonesia $ 50 million soft loan
Kuwait will extend Indonesia a US$ 50 million soft loan to finance social projects
Kuwait-Indonesia, Economics, 8/31/2001

Private air flights between Syria, Iraq
The Lebanese daily al-Nahar issued on Wednesday said, quoting Syrian sources working in the sector of aviation that a special airline will run the first direct daily air flights between Damascus and Baghdad as from Saturday, the first of September.
Syria-Iraq, Economics, 8/30/2001

Increased Jordanian- Iraqi cooperation
Iraq and Jordan have signed a protocol provided for the increase of their economic and trade relations and the increase in exchange rate which is estimated at more than USD one billion, according to the Jordanian minister of industry and trade wasef Azer.
Iraq-Jordan, Economics, 8/30/2001

Lebanon, US development agency sign cooperation agreement
The Lebanese minister of the Interior Elias al-Murr and the director of the US agency for development Jan Pressler on Wednesday in Beirut signed an agreement of understanding to help the Lebanese municipalities.
Lebanon-USA, Economics, 8/30/2001

President al-Assad reviews with al-Humeidi Kuwaiti Fund projects for economic development
Syria-Kuwait, Economics, 8/29/2001

Trade relations between Iraq, Turkey
The Iraqi oil minister Amer Muhammad Rasheed said on Tuesday that the volume of trade exchange between Iraq and Turkey reached USD 3 billion for the current year 2001. The same figure used to be before 1990.
Iraq-Turkey, Economics, 8/29/2001

Syria takes in Isomer ( Turkey) International Fair
Syria is taking part in the Isomer International Fair which was opened on Sunday in Turkey in its 70th session at Isomer public Park with the participation of some 68 countries.
Syria-Turkey, Economics, 8/29/2001

Investment flourishing in Egypt
The issued capital of investment companies that have begun operations in the last fiscal year (1999/2000) has reached LE 5.5 billion.
Egypt, Economics, 8/29/2001

Iraq earns additional $362 million under un 'oil-for-food' program
Iraq has exported 16.8 million barrels of crude over the past week, earning an estimated ?397 million (euros), or $362 million, under the United Nations oil-for-food program that allows Baghdad to use a portion of its petroleum revenues to purchase humanitarian relief goods.
Iraq, Economics, 8/29/2001

Some 26 Turkish companies taking part in the DIF
Syria-Turkey, Economics, 8/28/2001

Syrian- Turkish transport relations reviewed
The minister of transport Makram Obeid on Monday discussed with the Turkish minister of state Tonja Touskai and members of the accompanying delegation historical relations between the two countries and means of developing them in the service of joint interests especially in the area of transport and communications.
Syria-Turkey, Economics, 8/28/2001

Egypt denies intention to privatize the Suez Canal
The Egyptian authorities concerned have denied the existence of any intention to privatize the Suez Canal, stressing continued work to develop the Canal by self means without reliance on international contracting companies.
Egypt, Economics, 8/28/2001

The 48th Damascus International fair opens today
Under the patronage of Syrian President Bashar al-Assad the 48th Damascus International Fair will open today. It is organized by the Syrian ministry of the economy and foreign trade- the general establishment for Fairs an international markets at the theatre of the Fair's city.
Syria, Economics, 8/28/2001

New gas discoveries in the Mediterranean
Experts are currently evaluating two new natural gas and petroleum condensate discoveries in the Mediterranean.
Egypt, Economics, 8/28/2001

New strategy for World Bank's assistance to Egypt
The World Bank (WB) has approved a new strategy for assistance extended to Egypt over the coming three years. The new strategy calls for supporting the government's efforts for promoting information technology sector, upgrading efficiency of the banking and financial institutions.
Egypt, Economics, 8/28/2001

Moroccan-Korean round table on investments in Marrakesh
Morocco-South Korea, Economics, 8/27/2001

Exchange market stable, no intention to float pound
Egyptian Prime Minister Atef Ebeid said Sunday that the state provided 150,000 job opportunities this year for university youth of all specializations and ages who graduated since 1991.
Egypt, Economics, 8/27/2001


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