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Weekly Edition, Economics  -  Week of October 15, 2001
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Investment opportunities available in 7 industrial sectors
Egypt, Economics, 10/20/2001

Draft 2002 appropriation bill predicts a 4.5 percent growth
The draft 2002 appropriation bill, presented Friday to the House of representatives, predicts a 4.5 percent growth rate and a budget deficit of 3 percent of the GDP in 2002.
Morocco, Economics, 10/20/2001

King Mohammed launches development projects in Kalaat Seraghna
Morocco's King Mohammed VI, accompanied by Prince Moulay Rachid, launched Saturday in Kallat Seraghan several development projects.
Morocco, Economics, 10/20/2001

Egypt considers exporting gas to Cyprus via Syria
Egypt yesterday began talks with Syria and Cyprus on technical and economic cooperation in exporting Egyptian natural gas to Cyprus.
Egypt-Cyprus, Economics, 10/20/2001

A join company to transfer the Egyptian gas to Syria, Lebanon
Regional, Economics, 10/19/2001

Arab bank allocates more than $ 19 million in aid for Africa
The Arab Bank for Economic Development in Africa allocated, at the end of its meetings on Thursday, US $ 19.775 million as loans to fund projects in African countries.
Regional, Economics, 10/19/2001

Iraqi petroleum exports drop slightly under UN's 'oil-for-food' program
The United Nations oil-for-food program on Tuesday reported a slight drop in the level of exports of crude by Iraq under the humanitarian scheme, which allows Baghdad to use a portion of its petroleum revenues to purchase relief goods.
Iraq, Economics, 10/18/2001

Observance of world food day highlights links between hunger and poverty
The United Nations marked on Tuesday this year's World Food Day under the theme "Fight Hunger to Reduce Poverty" to highlight the need for concerted efforts by all countries, rich and poor, to combat the threats presented by the two blights.
Regional, Economics, 10/18/2001

Syrian petroleum minister in Egypt to activate gas project
Syrian petroleum minister Mohammed Maher Jamal and his accompanying delegation arrived in Cairo on Monday on a three-day visit to Egypt during which he is due to be received by his Egyptian counterpart Sameh Fahmy to discuss bilateral cooperation and activate a joint gas project.
Egypt-Syria, Economics, 10/17/2001

Morocco's Water Company Trains Palestinian Cadres
Morocco-Palestine, Economics, 10/17/2001

$ 40 billion needed to withstand shrortage in Arab electricity
An economic report has expected that the cost to renovate and develop the potentials of generating, transport and distribution for the sector of electricity in the Arab states until the year 2005 to reach $ 40 billion and that Arab governments to ensure part of the required investments through their general budgets and another part from paving the way for the private sector to build and operate electricity generation stations.
Regional, Economics, 10/17/2001

Egypt's economic climate optimistic
Egyptian Prime minister Atef Ebeid told yesterday the investors and exporters of al Salhia city that the current Egyptian economic condition is optimistic and the government is planning to face the foreign challenges cropped up following the recent incidents in the USA.
Egypt, Economics, 10/17/2001

Preparations resume for UN conference on financing for development
Preparations for an upcoming United Nations conference on financing development projects for developing countries resumed Monday at UN Headquarters in New York with a call for continued commitment and cooperation on the issue.
Regional, Economics, 10/17/2001

Common currency for the Gulf states by 2010
Bahrain's minister of finance Abdullah Hassan Seif has announced that the finance ministers at the six states of the Gulf Co-operation Council (GCC) decided last Saturday to unify their country's currencies by the end of 2010 and set an earlier date for the common custom tariff from the year 2005 to the end of 2003.
Gulf, Economics, 10/16/2001

Morocco, Sweden cooperate in study on industrial maintenance and safety
Morocco and Sweden have developed a cooperation project in a survey on industrial maintenance and safety in Morocco.
Morocco-Sweden, Economics, 10/16/2001

Agadir hosts international conference on cephalopods
The Moroccan southern Atlantic city of Agadir hosts October 21-24 an international conference on cephalopods and pelagic fish.
Morocco, Economics, 10/16/2001

Gov't to cancel clothes import barriers, impose highest customs duties
"Egypt will begin in January 2002 to liberalize its textile trade in accordance with the World Trade Organization (WTO) Accord signed in 1995," an official said yesterday.
Egypt, Economics, 10/16/2001

Morocco, Spain call for activating financial cooperation agreement
Morocco and Spain stressed here on Monday the need to activate a bilateral agreement on financial cooperation, signed during the visit to Spain of King Mohammed VI last year.
Morocco-Spain, Economics, 10/16/2001

Morocco, largest recipient of French development agency's funds
Morocco is the largest recipient in Africa of the French Development Agency's (AFD)fund, with a total of 155 million Euros of investments in 2000, according to Gilles Peltier, general manager of PORPARCO, an AFD affiliate.
Morocco-France, Economics, 10/16/2001

Mubarak meets Mayor of London on British investments
The Egyptian President Hosni Mubarak on Sunday met Mayor of London David Howard, who arrived in Cairo on a four-day visit.
Egypt-UK, Economics, 10/15/2001

Morocco honor guest at Monaco international fair
Morocco-Monaco, Economics, 10/15/2001


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