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Weekly Edition, Economics  -  Week of April 29, 2002
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Moroccan economic mission in Ireland end of may
Morocco-Ireland, Economics, 5/4/2002

Sudan calls for increase foreign investments
Sudan, Economics, 5/4/2002

Syria, Lebanon trade exchange up 17%
The total volume of trade exchange between Syria and Lebanon during 2001 reached USD 363 million after it was in 2000 some USD 309 million, representing an increase of 17%.
Syria-Lebanon, Economics, 5/4/2002

Morocco, Guinea sign package of agreements
The agreements deal with cooperation in the sectors of information, tourism, promotion and reciprocal protection of investments, and higher education and scientific research
Morocco-Guinea, Economics, 5/4/2002

Morocco, Qatar study bilateral free trade
Contacts are under way between Morocco and Qatar for the creation of a bilateral free trade zone, Qatari ambassador to Morocco, Sakr Mubarak Al-Mansouri, said Friday.
Morocco-Qatar, Economics, 5/4/2002

$ 2 billion, the needs of the Palestinians after the invasion
The commissioner general of the Palestinian Refugees Relief and Work Agency UNRWA Peter Hansen said on Thursday that the needs of the Palestinians in the coming phase is estimated at USD 2 billion after estimates were USD 117 million at the beginning of this year.
Palestine-Israel, Economics, 5/4/2002

Israeli tomato seeds in the Moroccan markets
The Moroccan daily al-Alam said on Friday quoting well-informed sources that Israeli tomato seeds are strongly invading the Moroccan market.
Morocco-Israel, Economics, 5/4/2002

Nuclear power station to be set up by 2010
The Egyptian Ministry of Electricity will complete the building of a new nuclear power station by 2010, Minister Hassan Younis Monday. He said that construction of the new facility depends upon the use of the latest technology.
Egypt, Economics, 5/4/2002

Egypt seeks to benefit from IMF's financial expertise
An ad hoc ministerial committee headed by Prime Minister Atef Ebeid met yesterday with Director of the Middle East Department at the International Monetary Fund (IMF) George Abed.
Egypt, Economics, 5/4/2002

Egypt one of US important trade partners
The Egyptian-US President's Council will hold its first meeting in Washington in June after re-formulation of its objectives to cope with the current US administration, said Timothy Hausen, the US Deputy Undersecretary of Commerce.
Egypt-USA, Economics, 5/4/2002

Egypt's GDP for 2001 hits LE 259.9BN
The gross domestic product (GDP) for the year 2001 hits L.E. 259.9 billion with a growth rate of 4.9 per cent, according to the annual report of the Egyptian Businessmen Association (EBA).
Egypt, Economics, 5/4/2002

Sanitation sector in Morocco needs about $87 bln over 5 coming years, study
The sector of sanitation in Morocco needs an investment worth 100 billion Dirhams (about US$ 87 billion) over the coming five years, a study revealed.
Morocco, Economics, 5/4/2002

EU backs Moroccan associations program with 5 mln euros
The European Union will contribute five Million Euros to the program of support to Moroccan professional associations, launched by the Moroccan Industrial federation (CGEM/employers'union).
Morocco-European Union, Economics, 5/4/2002

New prices for oil gases in Kuwait for May
The Kuwaiti Petrol establishment announced on Wednesday ( May 1st) new prices for the liquid petrol "propane and Biotin."
Kuwait, Economics, 5/3/2002

Morocco, Britain probe cooperation
Means to upgrade cooperation ties between Morocco and Britain topped talks held here between Moroccan minister of industry, commerce, energy and mining, Mustapha Mansouri, and Director general of the Confederation of British Industry (CBI), Digby Jones, currently visiting Morocco.
Morocco-UK, Economics, 5/3/2002

Jordanian sources warn against illegal Israeli practices
Jordanian sources have warned against operations of selling Jordanian land and real estate carried out through the Israeli embassy in Amman by a lawyer from Israel who document the selling process.
Jordan-Israel, Economics, 5/3/2002

$ 80 million IMF loan to Jordan
Jordan, Economics, 5/2/2002

King of Bahrain receives Moroccan minister
Bahrain-Morocco, Economics, 5/1/2002

First Syrian products exhibition to open next Tuesday in Algiers
Algeria-Syria, Economics, 5/1/2002

Morocco projects no increase in minimum wages, joblessness decreased
He announced that a United Arab Emirates enterprise will employ 30,000 Moroccans, with the help of US and European firms, instead of the initially proposed 20,000. The UAE firm, which organizes cruises, has opted for Moroccan manpower instead of its traditional Pakistani, Indian and Kenyan staff.
Morocco, Economics, 5/1/2002

Demands increased to revitalize Islamic boycott of Israel
The Damascus based office of boycotting Israel on Tuesday concluded three days of meetings and urged the Islamic countries to boycott Israeli products.
Regional-Israel, Economics, 5/1/2002

British employers see Morocco as promising market
The future of economic and commercial relations between Morocco and Britain is promising, said Digby Jones, director general of the British Investments Council.
Morocco-UK, Economics, 5/1/2002

Morocco ready to help reconstruct Palestinian agricultural sector
Morocco is ready to contribute to the reconstruction of the Palestinian agricultural sector, Moroccan minister of agriculture, rural development, water and forests, Ismael Alaoui, said Abu Dhabi Monday.
Morocco-Palestine, Economics, 5/1/2002

Japanese telecom minister to visit Morocco
Japanese minister of administrative management, interior affairs, post and telecommunications, Toransuke Katayama, will start Thursday a four-day visit to Morocco.
Morocco-Japan, Economics, 5/1/2002

Arab cooperatives union maintains Morocco as assistant-secretary general
There are nearly 30,000 cooperatives in the Arab states, mustering some 40 million members, operating mainly in the fields of agriculture, handicraft, housing and water management.
Regional-Morocco, Economics, 5/1/2002

Insight into present economic development in Egypt
But this positive record has been tarnished by a lack of institutional reform, either on the economic or on the political levels. There are two schools of thought about how best to tackle the problem.The first is an executive-based approach that envisages reform starting inside the executive. The second line of approach, which is adopted in this volume, is more comprehensive, widening the focus of reform to include the institutions of law-making, information, and interest aggregation, as well as administration.
Egypt, Economics, 4/30/2002

Dubai e-Government targets students to promote awareness of e-Services
Dubai e-Government has targeted specific segments of the education sector in an effort to generate awareness of the e-Services offered on its portal
United Arab Emirates, Economics, 4/30/2002

$450 million in Japanese Korean soft loans to Industry
"The strategy of modernizing industry aims at raising the industrial sector's growth rates to 12 per cent annually, and industrial investments to 30 per cent of the GDP, compared to 22 per cent at present," Baghdady said.
Egypt, Economics, 4/30/2002

Egyptian Chinese cooperation gains momentum
Zhu, leading a major delegation-grouping ministers of foreign affairs, planning, agriculture and irrigation besides 40 businessmen, signed three agreements with the Egyptian side for boosting joint cooperation.
Egypt-China, Economics, 4/30/2002

Maher, EU ambassador discuss promoting bilateral cooperation
Egyptian Foreign Minister Ahmed Maher and EU ambassador Ian Burg signed Monday a memorandum reaffirming an agreement signed between the two sides on a national guiding program for Egypt.
Egypt-European Union, Economics, 4/30/2002

Moroccan-Guinean high joint commission meets in Rabat
Morocco and Guinea will hold the fifth session of their high joint commission April 30 through May 2 in Rabat to explore means to upgrade bilateral economic and commercial cooperation.
Morocco-Guinea, Economics, 4/30/2002

Facilities to Arab tourists and Egyptian convoys to North Africa
In a symposium organized by the Tourism Writers Association under Galal Dweidar, and with the attendance of a large number of media men and travel agents, Egypt's Minister of Tourism Mamdouh El Beltagui asserted that the activation of inter-Arab tourism is a strategic target, as it represents 42 percent of the global tourist movement between the Arab states.
Egypt-Regional, Economics, 4/30/2002

Al-Assad underlines importance of cooperation, foundation of Arab common market
Al-Assad listened from al-Tabaa to a revision on the results of works of the Arab businessmen and investors forum. The president noted the significant role played by the private sector in collaboration with the government
Syria, Economics, 4/29/2002

Lebanese government denies reports on reducing Lebanese Lira value
Lebanon, Economics, 4/29/2002

Turkish transport minister arrives in Damascus
Syria-Turkey, Economics, 4/29/2002

Syria: Kuwaiti loan to fight unemployment
The Syrian unemployment fighting commission has signed an agreement with the Kuwaiti Fund for development a loan at a cost of 31 million Kuwaiti dinars to contribute to financing unemployment reduction projects in Syria.
Syria-Kuwait, Economics, 4/29/2002

International community allocates one billion dollars in West Bank aid
there are calls for the adoption of UN Security Council resolutions to have Israel pay compensations to the Palestinians for the damages it inflicted on public and private property. Also, some have expressed great concern over aid money flowing into Israeli companies "as a reward" for Israel's action rather than having Jordanian companies benefit from the Palestinian reconstruction efforts.
Palestine, Economics, 4/29/2002


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