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Egyptian farmers move to boycott Israel
Egyptian agricultural professions trade unions have called for ultimate boycott of Israeli agricultural production and fertilizers in protest of the Israeli aggression against the Palestinians.
Egypt-Israel, Economics, 4/27/2002
Israel boycott conference starts deliberations tomorrow
Regional-Israel, Economics, 4/27/2002
Jordan, Indonesia sign memorandum of understanding
The official in charge of exploration department at the Indonesian Partamina oil company Lein Takhian said on Friday that Indonesia this week signed a memorandum of understanding for oil and gas just after several days from signing a similar agreement with Iraq.
Jordan-Indonesia, Economics, 4/27/2002
Efforts to promote Mediterranean tourism
The meeting of the work group held by the Izmir Chamber of commerce was held on Thursday evening in Ankara with the participation of representatives from Syria, Turkey, Libya, Lebanon, Egypt, Tunisia and Greece.
Regional, Economics, 4/27/2002
Morocco ratifies agreement setting up Maghreban investment bank
The bank, to be based in Tunisia, will start operating with a capital of $150 million and raise it gradually to $500 million
Maghreb, Economics, 4/27/2002
Syria stresses efforts to improve its economy, new tax laws
The Syrian minister of the economy Ghassan Al-Refa'e has stressed during a press conference he held in Damascus that efforts are ongoing to improve the situation of the Syrian economy and to adopt new laws and legislation in order to attract foreign investments.
Syria, Economics, 4/26/2002
Morocco launches international tender for second fixed phone license in june
The Moroccan telecommunications regulatory agency "L'Agence Nationale de Reglementation des Telecommunications" (ANRT) announced Thursday that the tender will be launched on June 11 and that interested candidates can collect the tender related documents from June 11 through June 27.
Morocco, Economics, 4/26/2002
Morocco in world oil summit
Morocco attended Thursday in Paris the third World Oil Summit, which debated the impact of technical progress on oil and gas production and processing.
Morocco, Economics, 4/26/2002
Morocco to build six new seaside resorts
The campaign is meant to attract Moroccan and foreign investors and make them contribute to the promotion of the resorts
Morocco, Economics, 4/26/2002
Each Moroccan drinks 50 liters of milk a year, survey
Milk consumption in Morocco stands nearly at 50 litters per person annually, which is 0.13 litters a day, according to the statistics of the Moroccan Center of (Proper) Production (CMPP).
Morocco, Economics, 4/26/2002
UN development agency plans $400,000 emergency relief effort for palestinians
Concerned about the evolving humanitarian crises in the occupied Palestinian territory, the United Nations Development Program (UNDP) Thursday announced plans for a $400,000 emergency relief and recovery plan to help rebuild the area.
Palestine, Economics, 4/26/2002
Morocco's carrier cuts price of flights from London
The Moroccan carrier, Royal Air Maroc (RAM), has announced special tariffs on its flights from London to Morocco.
Morocco-UK, Business, 4/26/2002
Marrakesh hosts international water, energy forum
Morocco-Regional, Economics, 4/26/2002
Egypt's imports from U.S. hit $ 417 million in Feb
A recent U.S. statistic on trade cooperation with Egypt read that Egypt received imports from U.S. at a value of $ 416.88 million while the Egyptian imports to the U.S. reached $ 50.49 million.
Egypt-USA, Economics, 4/25/2002
Morocco takes part in Brussels european seafood fair
This is Morocco's third participation in the fair, which is Europe's most important event in the field. Nearly 1,400 enterprises from some 60 countries are exhibiting latest innovations and techniques to improve sea food conditioning and marketing.
Morocco, Economics, 4/25/2002
Egyptian businessmen society halts relations with Israeli companies
the society stressed halting relations or dealings with Israeli companies and businessmen and that it will urge the Egyptians and the Arabs alike, individuals and governments to transfer a large sum of Arab assets to the European banks
Egypt-Israel, Economics, 4/24/2002
Joint efforts required to jump-start Egypt's economy
Reducing the cost of borrowing for "genuine" businessmen and investors is essential, he added. In an interview with the business daily Al-Alam Al-Youm, Mr Lotfi urged the government to create more advantages and incentives for Egyptian exporters.
Egypt, Economics, 4/24/2002
Saudi Arabia for joining WTO quickly
The Saudi minister of finance Ibrahim al-Assaf has expressed his hope in his country's rapid joining of the World Trade Organization WTO.
Saudi Arabia, Economics, 4/24/2002
New law to stimulate e-commerce
In a bid to stimulate and secure electronic commerce activity in Egypt, the government is considering an electronic signature law that experts expect to help usher in an IT breakthrough in the country.
Egypt, Economics, 4/24/2002
Moufaz: the war against the Palestinians shakes the Israeli economy
Israel-Palestine, Economics, 4/24/2002
King Mohammed meets US energy secretary
Morocco's King Mohammed VI received Tuesday in Washington US energy secretary, Abraham Spencer.
Morocco-USA, Economics, 4/24/2002
International conference for fertilizer in Abu Dhabi
Regional-United Arab Emirates, Economics, 4/24/2002
New $4 billion investments in oil , gas field
Egyptian Minister of petroleum Sameh Fahmi said about 50 world companies are working now in Egypt in oil and gas field with investments worth $ 4 billion in the last two years despite the current changes prevailing the world.
Egypt, Economics, 4/24/2002
Iraq, Indonesia oil cooperation
Iraqi Oil Minister Amir Mohammed Rasheed and his Indonesian counterpart Mr. Bornomo Sjiantor, signed two documents. The first includes a contract between Indonesian Bertamina Company and Iraqi Oil exploration Company to explore a site situated in the west of Karbala province and Najav in the Western Sahara.
Iraq-Indonesia, Economics, 4/24/2002
Egypt to get $1 billion from World Bank
"The government is committed to creating thousands of job opportunities, boosting exports and development of rural areas and Upper Egypt", said Fayza Abul Naga state minister for foreign affairs.
Egypt, Economics, 4/24/2002
Morocco's hard currency assets rise by 29.6%
Morocco's hard currency assets reached 98.6 billion Dirhams($8.57 Bln) end of February 2002, which is a rise of 29.6% in comparison with the same period of the previous year, said the ministry of economy, finance, privatization and tourism.
Morocco, Economics, 4/24/2002
Overall port traffic decreases by 7.2% in january-february 2002
The overall traffic in Moroccan ports decreased by 7.2% during he first two months of 2002, going down 9.6 million tons.
Morocco, Economics, 4/24/2002
Euro-Maghreban agriculture chambers meet in Rabat
Euro-Maghreban chambers of agriculture and similar professional institutions opened in Rabat Monday their second session under the theme "fostering partnership and Euro-Maghreban cooperation."
Maghreb-European Union, Economics, 4/24/2002
On Arab economic integration
The secretary general of the Arab economic unity council Ahmad Jweili has stressed the ability of the Arab states to achieve economic integration, noting that that Arab states have competitive merits reflected in the service commerce and the strategic position.
Regional, Economics, 4/23/2002
Arab businesswoman regional seminar: Activating women's role in economic, business development
Deliberations of the regional seminar on "Activating women's role in economic development, business administrations " started on April 21st through 23rd.
Syria-Regional, Economics, 4/23/2002
King Mohammed meets World Bank president, IMF director
the sovereign voiced appreciation for the sustained and outstanding cooperation the World Bank has developed with Morocco and invited James Wolfensohn to pay a visit to Morocco in the coming weeks to look into the new economic projects wherein the international financial institution might be associated.
Morocco, Economics, 4/23/2002
Morocco grants interest to projected free trade accord with US
Morocco's King Mohammed VI who met Monday in Washington the United States' representative for international trade negotiations, Robert Zoellick, confirmed the interest Morocco grants to the projected conclusion of a free trade accord with the United States.
Morocco-USA, Economics, 4/23/2002
Six main sectors offered for investment in Egypt
The Egyptian government is currently offering six main sectors for investment for Egyptian, Arab and foreign investors, providing all necessary facilities for the new ventures, said Mohammed Al-Ghamrawi, Chairman of the General Authority for Investment and Free Zones (GAFI).
Egypt, Economics, 4/23/2002
Egypt exports gas to Spain, France
Egyptian Minister of Petroleum Sameh Fahmi said that the petroleum sector has accomplished much in the last tow years, including its restructuring through the creation of three holding firms for natural gas, oil and petrochemicals. The sector also created 24,000 jobs and training courses for fresh graduates.
Egypt, Economics, 4/23/2002
IMF: Egypt managed to overcome September 11 implications
Egypt proved to be one of the most successful countries in dealing with the implications of the terrorist events witnessed in the US on September 11 and overcoming the crisis which struck the global economy, according to a report issued recently by the International Monetary Fund (IMF).
Egypt, Economics, 4/23/2002
Italian government for stronger partnership with Morocco
Moroccan minister of social economy, small and medium enterprises and handicraft in charge of the government's general affairs, Ahmed Lahlimi, said the Italian government is determined to develop a strong partnership with Morocco.
Morocco-Italy, Economics, 4/23/2002
Syria opens up for founding private banks
The Syrian central bank in Damascus has started to receive applications submitted for founding private and joint banks. The number of submitted applications during the first two days of licensing these banks reached 8.
Syria, Economics, 4/22/2002
Multinational group launches financial sector reform initiative
With sound financial systems and institutions in place, the release said, developing countries will be better able to withstand financial shocks, tap domestic savings and attract foreign investment.
Regional, Economics, 4/22/2002
IMF policymaking body calls on fund to enhance surveillance, transparency
While the IMFC acknowledged that many emerging market have become more resilient by adopting sound economic policies, it encouraged these and other nations to strengthen their fiscal positions and begin or continue corporate, financial and structural reforms.
Regional, Economics, 4/22/2002
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