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Weekly Edition, Economics  -  Week of October 22, 2001
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On Syrian- Iraqi trade exchange
The London- based al-Hayat daily in its Friday's issue quoted information stated in Damascus that the level of Syria's caution in dealing with the Iraqi file has increased following the terrorist attacks took place in the US on September 11.
Syria-Iraq, Economics, 10/27/2001

Ebeid probes cooperation with WB
Egyptian Prime Minister Atef Ebeid held a meeting yesterday with the World Bank delegation under the vice-president of the bank.
Egypt, Economics, 10/27/2001

Kuwaiti fund, Lebanon initial draft loan agreement
The Kuwaiti Fund for Arab Economic Development (KFAED) and Lebanon initialed on Friday a draft loan agreement under which the Kuwaiti fund would lend Lebanon 20 million Kuwaiti Dinars (some US$ 65 million) as partial finance for the southern Litani irrigation project.
Lebanon-Kuwait, Economics, 10/27/2001

IBD contributes to setting up power station at north Cairo
The Islamic Bank for Development (IBD) yesterday offered a $ 41.5 million long-term loan to the Egyptian. Electricity Holding Company (EEHC) for the construction of a combined cycle power plant north of Cairo.
Egypt, Economics, 10/27/2001

Agadir declaration experts call for materializing free-trade area
The commission of top officials, stemming from the Agadir Declaration on the creation of a free trade area among Arab Mediterranean countries, has called for materializing the free-trade area project concluded between Morocco, Egypt, Tunisia and Jordan.
Regional, Economics, 10/26/2001

UN, Lebanon launch major demining effort funded by United Arab Emirates
The United Nations, the United Arab Emirates (UAE) and Lebanon launched on Thursday a $50 million effort to clear Lebanese territory of landmines, the United Nations news center announced.
Lebanon-United Arab Emirates, Economics, 10/26/2001

Saudi Arabia: A German company on the Arab boycott list
The German Ritinmayor and Zone - G. R. S. was put on the black list in Saudi Arabia over transporting Israeli wheat to Saudi Arabia, according to an official Saudi source.
Saudi Arabia-Israel, Economics, 10/26/2001

Lebanese- Saudi businessmen conference to be convened in Beirut
Lebanon-Saudi Arabia, Economics, 10/25/2001

Egypt's loss due to Alamin minefields estimated at LE 300 billion
Ministry of Planning and International Cooperation estimated Egypt's loss resulting, from abandoning the arable areas of Almain at Western desert planted with mines, at about LE 300 billion. This pun, according to the Ministry, and which equals threefold the development aid received by Egypt over the past 50 years.
Egypt, Economics, 10/25/2001

First international fishery show held in Agadir
The Moroccan southern Atlantic city of Agadir is playing host this October 24-27 to the first international fishery show, held under the topic "protect the sea, preserve the future."
Morocco, Economics, 10/25/2001

Second private sector power station in Egypt
Egypt, Economics, 10/25/2001

European tour operator signs partnership accord with Moroccan tourism company
The European hotel chain RIU has signed a partnership accord with the Moroccan tourism company Tikida Hotel, under which it will contribute 320 million Dirhams (about $29.09 million) to the capital of the Marrakesh Tikida Dunes Hotel.
Morocco-European Union, Business, 10/25/2001

Moroccan, Italian federations of maritime fishery chambers sign agreement
Morocco-Italy, Economics, 10/25/2001

US assistance to Egypt will remain intact
US Agency for International Development (USAID) director Willard Pearson said the assistance offered by the US to Egypt will not be affected by the attacks against vital US targets on September 11.
Egypt-USA, Economics, 10/25/2001

Saudi Arabia, the US for fostering trade relations
Saudi Arabia-USA, Economics, 10/24/2001

Four Arab countries to conclude free trade agreement
"A four-way Arab free trade agreement will come into effect in January 2002, Ahmed El-Goweili," Secretary-General of the Arabic Economic Unity Council said yesterday.
Regional-Egypt, Economics, 10/24/2001

Egypt's first industrial map prepared
Egyptian Prime Minister Atef Ebeid said that Egypt's revenues from oil exports have increased over the past period.
Egypt, Economics, 10/24/2001

Egypt qualified to be regional financial hub in Middle EAST
Accompanied by 15 businessmen and bankers, London Mayor Lord David Howard paid this week a visit to the Egyptian Stock Exchange (ESE), inspecting the sophisticated techniques adopted by the Egyptian bourse.
Egypt, Economics, 10/24/2001

EU to fund socio-economic projects with 370 million Euro
A European Union (Eu) delegation which visited Egypt last week discussed the national indicative program for Egypt, which assesses the key funding priorities for Socioeconomic projects carried out under the MEDA II program in 2002-2004.
Egypt-European Union, Economics, 10/24/2001

International Conference on Cephalopods Winds up
The international conference on cephalopods and pelagic fish wound up here Tuesday a two day meeting that debated topical issues related to fishery industries and means of containing dangers threatening small pelagic fish.
Morocco, Economics, 10/24/2001

Islamic Development Bank Loans Morocco $ 5.4 million
The Islamic Development Bank (IDB) has extended Morocco a $ 5.4 million loan destined to finance a literacy project to benefit 584,000 Moroccan citizens, mostly rural women.
Morocco-Regional, Economics, 10/24/2001

Jordanian- French food agreement
Jordan-France, Economics, 10/23/2001

Morocco-WB talks in Algiers
Moroccan minister of economy, finance, privatization and tourism, Fathallah Oualalou, held talks in Algiers Monday with vice-president of the World Bank for the Middle east and North Africa, Jean-Louis Serbib, who was accompanied by the WB executive in charge of the Maghreb region.
Morocco, Economics, 10/23/2001

International Conference on Cephalopods Opens in Agadir
An international conference on cephalopods and pelagic fish started proceedings here Monday to debate topical issues related to fishery industries.
Regional-Morocco, Economics, 10/23/2001

Kuwait to provide 750 homes for Indonesian refugees
The Kuwaiti government is reportedly planning to provide financial aid for the building of 750 houses for refugees in Poso district, Central Sulawesi province in Indonesia, reports the Indonesian news agency (ANTARA) quoting Religious Affairs Minister Said Agil Husin Almunawar.
Kuwait-Indonesia, Economics, 10/23/2001


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