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A Turkish call for investment cooperation with Syria
Syria-Turkey, Economics, 9/8/2001
Egypt seeks $ 3 billion foreign investments, UNCTAD says
A report released by the United Nations Conference on Trade and Development (UNCTAD) said there are expectations that the inflow of foreign investments into Egypt will go up amidst efforts exerted to reach a rate of growth of 5 per cent and a low rate of inflation with more contributions made by the private sector.
Egypt, Economics, 9/8/2001
Fourteen German companies looking forward to cooperate with Egyptian agents
The German-Arab Chamber of Industry and Commerce announced yesterday details of a marketing assistance program to aid 14 German firms find agents or joint ventures in Egypt and the region.
Egypt-Germany, Economics, 9/8/2001
Islamic bank loans Morocco $ 5.1 mln
The Islamic Development Bank said Friday it approved a $ 5.1 loan to Morocco to be paid back over 25 years.
Morocco-Regional, Economics, 9/8/2001
Saudi Arabia arrests commodities of Israeli source
The Saudi ministry of commerce has recently arrested a shipment of " Carrot meals " coming to Saudi from Israel via Poland, according to the Saudi daily al-Riyadh in its Thursday's issue. The paper added that the arrested amount of " carrot- meals" is in 325 barrels with each barrel weight 200 Kg coming from Poland.
Saudi Arabia-Israel, Economics, 9/7/2001
On al-Wahda dam project in Jordan
Jordan, Economics, 9/6/2001
Gov't to offer stakes in energy, telecoms holdings
The government plans to step up its privatization program and sell its stakes in telecoms, electricity and oil distribution companies to increase its sources of revenue, Minister of Information Safwat el-Sherif said yesterday.
Egypt, Economics, 9/6/2001
WB official urges Egypt to open markets
A World Bank (WB) official praised Egypt's economic growth, urging the government to drop its protective trade barriers to better face the challenges of globalisation.
Egypt, Economics, 9/6/2001
Morocco's General Tire in insolvency proceedings
Moroccan tyre maker General Tire, which is 34.2 percent owned by Germany's Continental AG, said on Tuesday it had begun formal insolvency proceedings after a restructuring plan failed.
Morocco, Business, 9/6/2001
China donates Morocco 5,000 tons of wheat
China has donated Morocco 5,100 tons of wheat to assist the north African country cope with the effects of the prevailing severe drought.
Morocco-China, Economics, 9/6/2001
Association agreement with EU would help modernize industry
A paper on the priorities of modernizing the Egyptian economy has stated that there are various aspects to achieve it topped with human resources development, developing small business and making full use of the free trade zones signed with some Arab and foreign countries.
Egypt, Economics, 9/5/2001
Egypt's exports including oil up by 34% in 2000
Egyptian Prime Minister Atef Ebeid yesterday met with Chairman of commodities councils for export following their new formation. There are now 12 councils in charge of facilitating procedures for export and increasing the volume of Egyptian exports.
Egypt, Economics, 9/5/2001
A Syrian- Palestinian economic cooperation agreement signed
The Palestinian minister of industry Saad al-Karnaz said that a cooperation agreement between Syria and Palestine, was signed between the two sides, avails exempting the Palestinian commodities from the Syrian customs fees, as well as paving the way for other agreements stating to install a direct aviation line between Damascus and Gaza International airport.
Palestine-Syria, Economics, 9/4/2001
Egypt occupies advanced position among emerging economies
"Egypt occupied the first position among the emerging markets regarding economic development, achieving a growth rate of 6.5 % of the Gross Domestic Product (GDP) during the first half of this year," according to a recent report released by the Cabinet Information and Decision Support Center (IDSC).
Egypt, Economics, 9/4/2001
The first financing to fighting unemployment in Syria from Kuwait
The Syrian state planning commission and the Kuwaiti Fund for Arab economic development are studying suitable means that the Fund will finance a plan to fight unemployment. A plan approved by the Syrian government and states to spend USD one billion in projects that would contribute to fighting unemployment in Syria.
Syria-Kuwait, Economics, 9/4/2001
Syrian study to join the WTO
The Syrian Cabinet has called on the Syrian ministry of the economy to form technical committees to study the consequences of Syria's joining the World Trade Organization.
Syria, Economics, 9/4/2001
Egyptian ready-made garments to Britain up by 2.3 % in 2000
"Exports of the Egyptian ready-made garments to Britain increased in the year 2000 by 2.3 % compared to the year 1996," according to a recent report by the Trade Representation Office in London.
Egypt-UK, Economics, 9/4/2001
L E 2.6 billion to fund state's plan projects
Egyptian Minister of Planning and International Cooperation Ahmed El-Darsh has approved the allocation of L.E. 2.6 billion for the first quarter of fiscal year 2001/2002 to fund major projects nationwide.
Egypt, Economics, 9/4/2001
One million tourists to visit the Red Sea
A German tourist magazine speculated that about one million tourists would visit the Red Sea region every year.
Egypt, Economics, 9/4/2001
Plan to turn North Coast area to tourist attraction
Egypt, Economics, 9/3/2001
Sudan sets many of its public sector companies for sale
The Sudanese minister of finance Abdul Rahman Ibrahim has set several Sudanese public companies and sectors for direct sale or making them as share- holders companies.
Sudan, Economics, 9/3/2001
New exchange rate won't affect prices but increases production
Egyptian Minister of Economy and Foreign Trade Youssef Boutros Ghali said the new exchange rate will not affect the commodity prices, but it will help increasing the local production and cutting the volume of imports.
Egypt, Economics, 9/3/2001
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