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Mubarak to Al Ahram: Government to take specific steps to encourage investment
On the development of the National Democratic Party (NDP), President Mubarak said there is no substitute because this development was inevitable since he believed that political life should be built on a sound democracy.
Egypt, Economics, 7/13/2002
Emirates in Morocco festival dedicated in Casablanca
Morocco-United Arab Emirates, Economics, 7/13/2002
Mixed reactions to government mortgage loan scheme
In a desperate attempt to solve the crunching recession that has hit the Egyptian market, the government, through state-run banks, has launched an ambitious scheme to lend employees various sums of money at low-interest rates to be able to buy expensive commodities and home appliances.
Egypt, Economics, 7/13/2002
World Bank chief hails Morocco's achievements in all realms
President of the World Bank, James Wolfensohn, who paid a visit to Morocco July 10-11, hailed Morocco's achievements in all realms, describing Morocco as "a very important country in the region."
Morocco, Economics, 7/13/2002
Paris Club reschedules Jordan's debts
Jordan has concluded an important agreement with the Paris Club member countries to reschedule a sum of USD 2.1 billion to be paid by Jordan during the period from this July until December 2007.
Jordan, Economics, 7/12/2002
King Mohammed receives World Bank president
Morocco's King Mohammed VI received this Thursday at the Royal office in Rabat president of the World Bank, James Wolfesohn, who started on Wednesday a visit to Morocco.
Morocco, Economics, 7/12/2002
World Bank president starts visit to Morocco
Morocco, Economics, 7/11/2002
Ebeid reviews means of boosting bourse performance
It was decided to abolish a decree to fix the market value of traded shares, especially for blue-chip stocks, chairman of the Capital Market Authority (CMA), Abdul Hamid Ibrahim said following the meeting.
Egypt, Economics, 7/11/2002
New Canadian oil investments in Egypt
The Egyptian oil areas in Delta, Sinai and Suez Gulf now witness intensive activities of some Canadian oil companies plus other companies totally owned by the Egyptian private sector working in prospecting, exploring, producing and other oil-services in Egypt and various world countries.
Egypt, Economics, 7/11/2002
Morocco's leather exports grow by 55% in 2001
The volume of Morocco's exports of leathers reached 1,286 tons in the period between April 2001, when the government decided to subject leather exports to an authorization, and December 2001, said a Moroccan official.
Morocco, Economics, 7/11/2002
Ministerial investment commission approves nine industrial projects
The approved conventions deal with the carrying out of a cement plant in Settat, extending and modernizing two food processing units, the building of two supermarkets in Casablanca and Marrakesh, the building of two electronic parts units and three apparel factories.
Morocco, Economics, 7/11/2002
Joint Iraq- Saudi Arabia exhibition
Iraq-Saudi Arabia, Economics, 7/10/2002
King Mohammed chairs session on development of Tangier-Tetuan region
The sovereign stressed the special importance granted to the promotion of this region which boasts so many assets and potentials. He renewed Morocco's strategic choice to make of regions a space and an engine for development and voiced conviction that each of the kingdom's regions, brings a valuable richness for the Moroccan nation.
Morocco, Economics, 7/10/2002
Baghdad, Ankara sign a minute of meetings for joint cooperation
The Iraqi oil minister called on the two sides to urge extra efforts to expand the volume of cooperation fields and covering all activities so as to reach bilateral economic integration. This is, however, the first Iraqi expression on Iraq's will to find out a sort of economic integration with Ankara.
Iraq-Libya, Economics, 7/10/2002
Arab League welcomes revitalizing of Islamic boycott of Israel
Regional-Israel, Economics, 7/10/2002
Spanish resort chain operator eyes Moroccan tourism market
Moroccan minister of economy, finance, privatization and tourism, Fathallah Oualalou, received in Rabat Monday Miguel Fluxa, chairman and executive officer of Iberostar, a major Spanish resort chain operator.
Morocco-Spain, Business, 7/10/2002
Moroccan customs administration launches electronic procedure for car-clearing, survey on quality of service
The new procedure will ensure a smooth customs clearing for Moroccan expatriates coming to Morocco for summer holidays and for tourists.
Morocco, Economics, 7/10/2002
Second hand cars cleared in Morocco in 2001 drop by 43.2%
The number of second hand cars cleared through Moroccan customs in 2001 dropped by 43.2% in comparison with the previous year, the administration of customs and direct taxes (ADII) said.
Morocco, Economics, 7/10/2002
Fourth round of Morocco-EU agriculture negotiations makes no progress
Moroccan and European negotiators wound up the fourth round of agricultural negotiations Monday without scoring any progress regarding reciprocal concessions to be made to conclude a protocol on the liberalization of agricultural exchanges in the frame of the Morocco-European Union association accord.
Morocco-European Union, Economics, 7/10/2002
Mortgage law to revive real estate market
"The mortgage law will enable the banking sector for the first time in its history to contract loans for house purchases and facilitate repayments," he elaborated.
Egypt, Economics, 7/9/2002
New arbitration body for Bourse disputes approved
The new system will come into force in August to protect investors' interests, he said, adding that companies risk fines for failure to submit their accounts for inspection.
Egypt, Economics, 7/9/2002
Inter-Arab investments up by 34.6 per cent
The inter-Arab investments have surged by 34.6 per cent to reach $ 2.45 billion of which Egypt obtains 3.6 per cent, occupying the sixth position, according to a report by the investment guarantee corporation.
Regional, Economics, 7/9/2002
'Emirates in Morocco 2002 show' promotes exchange on july 11-15
The Moroccan economic capital of Casablanca will be hosting the "Emirates in Morocco 2002 show" this July 11 through 15.
United Arab Emirates-Morocco, Economics, 7/9/2002
Fourth round of Morocco-EU agriculture negotiations held in brussels
Morocco and the European Union are holding in Brussels as of this Monday the fourth round of agricultural negotiations, meant to lead to the conclusion of a protocol on the liberalization of agricultural exchanges in the frame of the association accord.
Morocco-European Union, Economics, 7/9/2002
Moroccan companies hold new information technologies exhibition in Baghdad
A group of Moroccan telecoms and new information technologies companies are showcasing this Monday their products and services in Baghdad.
Iraq-Morocco, Economics, 7/9/2002
Egypt, Tunisia aim for $300 in trade exchange by next year
Egypt-Tunisia, Economics, 7/8/2002
Jordanian- Moroccan economic talks
The Jordanian minister of trade and industry Salah Eddin al-Bashir and the Moroccan state secretary in charge of foreign trade, Abdelkrim Benatik have discussed means of increasing trade exchange and founding investment projects between the two states.
Jordan-Morocco, Economics, 7/8/2002
Algeria urges the Arabs to invest in it
Algeria's Prime Minister Ali Bin Flis has stressed that his country has "important and varied opportunities for Arab and Gulf investors, in particular" in the business field.
Algeria-Regional, Economics, 7/8/2002
Qatar- Eritrea sign economic agreements
Qatar and Eritrea signed joint minutes of meetings between the two ministries of the economy and trade in the two countries. On the Qatari sides the agreement was signed by minister of economy and trade Sheikh Hamad Bin Faisal al-Thani and Eritrea's minister of economy and trade Qarqis Dakhla Michael.
Qatar-Eritrea, Economics, 7/8/2002
Women's organizations discuss equal work opportunities
Promoting skills of working women' was the theme of a seminar that focused on the importance of giving women equal access to employment, supervisory posts, and participation in political and administrative decision-making processes.
Egypt, Economics, 7/8/2002
Messe Frankfurt selects Egypt as industrial hub to Middle East, Africa
Gerhard Gladitsch, the executive director of Frankfurt fairs, arrived in Cairo on Friday to hold talks with officials concerning a promotion presentation for the activities of Frankfurt fairs in Germany and worldwide.
Egypt-Germany, Economics, 7/8/2002
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