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Yemen signs a contract to build an oil refinery in al-Mukalla
Yemen has signed a contract to build an oil refinery in al-Mukalla to the southern east part of the country at a cost of USD 895 million with a Gulf oil investment company.
Yemen, Economics, 12/1/2001
EU Parliament approves trade partnership agreement with Egypt
The European Parliament endorsed with a landslide majority the Trade Partnership Agreement with Egypt on Thursday.
Egypt-European Union, Economics, 12/1/2001
Iraq: 'Oil-for-Food' Coordinator Reports Progress amid Obstacles
The Humanitarian Coordinator for the United Nations Office of the Iraq Program on Friday reported mixed results from the "oil-for-food" effort, while stressing that overall, it had improved the lot of the country's people.
Iraq, Economics, 12/1/2001
US offers Egypt $ 9.3 million grant
Egypt and the United States signed Friday an agreement whereby the American side will offer Egypt a $ 9.3 million grant to finance poverty-combat programs in Alexandria.
Egypt-USA, Economics, 12/1/2001
Morocco banks on 6.5 percent growth this year
Morocco, Economics, 11/30/2001
ETUF sees benefits of Arab common market
The Egyptian Trade Union Federation (ETUF) endorsed President Hosni Mubarak's call for setting up an Arab Common Market, ETUF chairman El-Sayed Rashid said yesterday.
Regional, Economics, 11/30/2001
Banks continue to provide foreign exchange requirements
In implementation of the latest Cabinet decrees, Prime Minster Atef Ebeid held an expanded meeting Wednesday with chairmen of the Unions representing public and private business sectors and in presence of Mahmoud Abul Oyon, the Governor if the Central Bank of Egypt (CBE).
Egypt, Economics, 11/30/2001
Despite pledges, UN agency aiding palestinian refugees faces funding shortage
Despite pledges to cover a substantial part of the $76.9 million needed to help Palestinian refugees in the Gaza Strip and the West Bank, the United Nations relief programme in the area has received only about one fourth of the amount needed, according to a UN document released Thursday.
Palestine, Economics, 11/30/2001
Chinese bank loans Morocco $ 13.04 mln to build hospitals
The Chinese Eximbank (Import-EXPORT Bank) has loaned Morocco $ 13.04 million (195 million dirhams) destined to the construction of polyclinics in several parts of Morocco.
Morocco-China, Economics, 11/30/2001
An agreement to use the Yemeni Labor force in UAE
Ratified documents were exchanged in Abu Dhabi of an agreement provided for the use of the Yemeni labor force in the United Arab Emirates already signed between the UAE minister of state for foreign affairs Sheikh Hamdan Bin Zayed al-Nahyan in February this year.
United Arab Emirates-Yemen, Economics, 11/29/2001
Arab states investment climate improved
An official report has indicated that there was a tangible and growing growth in the Arab states investment climate in 2000.
Regional, Economics, 11/29/2001
Contracts setting up power station in northern Morocco signed
Morocco signed Wednesday contracts for the setting up of a US$ 250 million power station in Tahaddart, northern Morocco.
Morocco, Economics, 11/29/2001
USD 90 billion, cost of Arab states electricity needs until 2010
Regional, Economics, 11/29/2001
Morocco's power company to purchase Senegalese company
The Moroccan power company (ONE/state-owned) and the French Vivendi-environment company, which are bound by a partnership accord, have set up a consortium to purchase Senegal power utility (SENELEC), it was officially announced in Dakar.
Morocco-Senegal, Economics, 11/29/2001
Governmental body approves $ 110 mln investment projects
The Moroccan Investments inter-ministerial commission approved four investment projects worth 1.28 billion dirhams ($ 110 million).
Morocco, Economics, 11/29/2001
Morocco announces $ 2.52 bln program to fight unhealthy housing
Morocco has worked out a program to fight unhealthy housing worth 28.86 milliards Dirhams, nearly $ 2.52 billion, Moroccan housing secretary of state, Mohamed M'barki, said on Wednesday.
Morocco, Economics, 11/29/2001
Moroccan government and carrier sign contract-program
The Moroccan government and the Moroccan carrier Royal Air Maroc (RAM) signed in Rabat Tuesday a three-year program-contract, providing for a comprehensive financial, marketing and technical restructuring of the carrier.
Morocco, Business, 11/28/2001
Saudi budget registers notable increase
The Saudi general budget has registered a notable increase during 2000 in which government's actual revenues increased at 74.9% and reached approximately 258.1 billion Saudi riyals.
Saudi Arabia, Economics, 11/28/2001
Iraqi petroleum exports drop under UN 'Oil-for-Food' program
Last week saw a sharp drop in Iraqi crude exports under the United Nations oil-for-food program, according to the Office running the scheme, which allows Iraq to use a portion of its petroleum revenues to purchase humanitarian relief.
Iraq, Economics, 11/28/2001
China seeks to maintain trade, economic cooperation with Iraq
Iraq-China, Economics, 11/27/2001
Representatives of thirty U.S. tour operators visit Morocco
Morocco-USA, Economics, 11/27/2001
Doha hosts the Arab banks federation conference
Doha will host in the mid of March, 2002, the Arab banks federation conference with the participation of several Arab and foreign bankers.
Qatar-Regional, Economics, 11/27/2001
Three contracts to liquefy natural gas
The Egyptian government has signed three contracts with international companies specialized in the fields of producing and transporting natural gas, Minister of Petroleum Sameh Fahmi said yesterday.
Egypt, Economics, 11/27/2001
French tourism holding to increase flights to Morocco
The French tourism holding, "Nouvelles Frontieres" and its aviation subsidy CORSAIR are projecting to increase the number of flights to Morocco, in cooperation with the Moroccan carrier Royal Air Maroc (RAM).
Morocco-France, Economics, 11/27/2001
Arab investors federation to establish an Arab commerce company
The secretary general of the Arab Investors federation Jamal eddine al-Bayoumi has announced the foundation of the first Arab company for commerce and marketing at a capital of USD 100 million that would contribute to promote for Arab products in foreign markets.
Regional, Business, 11/26/2001
Morocco, OPEC sign accord on encouragement and protection of investments
Morocco and the fund of the Organization of Petroleum Exporting Countries (OPEC) for international Development signed in Rabat Monday an accord on the encouragement and protection of investments.
Morocco-Regional, Economics, 11/26/2001
Egypt's private sector obtains $ 200 mln to overcome current crisis
An official at the U.S. development agency said on Sunday that private sector in Egypt has recently obtained 200 million U.S. as a loan to cope with repercussions of the crisis caused by the September 11th attack on the U.S. and consequences of war against terrorism.
Egypt-USA, Economics, 11/26/2001
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