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Egypt to further explore African markets
Egypt-Regional, Economics, 7/27/2002
75 percent of Palestinians live under poverty
Director of the Palestinian Health Development Information and Policy Institute Mustafa Barghouthi said on Thursday that 75% of the Palestinians live under poverty line at an average of two dollars per day.
Palestine, Economics, 7/27/2002
Egypt to sell 170 enterprises
Regarding Egypt's government privatization program, Prime Minister Atef Ebeid said that proceeds from the selloff of 134 companies have reached LE16 billion, and another 170 enterprises are yet to be sold to the private sector.
Egypt, Economics, 7/27/2002
Al-Rai: Iraq ends boycot of Jordanian companies suspected to deal with Israel
A Jordanian official has stated that Iraq ended its boycott of 14 Jordanian companies used to be suspected of establishing trade relations with Israel, after it Iraq made sure that such relations did not exist.
Jordan-Iraq, Economics, 7/27/2002
Arab bank signs eight loan agreements with eight African countries
The Arab Bank for Economic Development in Africa signed yesterday loan agreements to boost development plans in eight African countries.
Regional, Economics, 7/27/2002
Emirates carrier denies 'price war' over Casablanca-bound flights
The United Arab Emirates (AUE) airliner denied any kind of "war" over prices for its flights bound to Casablanca, Morocco.
United Arab Emirates-Morocco, Business, 7/27/2002
Israeli tourism down $ 3 billion due to Intifada
The tourism sector in Israel is witnessing a great recession since the launching of the Palestinian Intifada in September, 2000 against Israel, according to statements made by Israeli officials in this sector.
Israel, Economics, 7/27/2002
Conference on money laundering fighting in Abu Dhabi
Abu Dhabi, the capital of The United Arab Emirates, will host a conference on money laundering and means to fight the phenomenon with bankers and financial and juridical experts attending.
Regional-United Arab Emirates, Economics, 7/26/2002
Saudi investment group to build sea resort in Morocco
materialization of the project, based on a new-generation concept of tourism development, inspired from the Moroccan architectural heritage and in harmony with the principles of sustained development through promoting local riches, namely the Argan tree, the bold ibis as well as the whales that often swim along the region's coast.
Morocco-Saudi Arabia, Business, 7/25/2002
Syria - Jordan economic talks to strengthening cooperation
The Jordanian Prime Minister Ali Abul Ragheb has stressed the need of consolidating economic cooperation relations between Syria and Jordan. He said he is looking forward for further developed relations between the two states and each of Lebanon and Egypt so as to achieve economic integration among these Arab states.
Jordan-Syria, Economics, 7/24/2002
EGPC announces eight zones for oil exploration
The Egyptian General Petroleum Corporation (EGPC) has announced the offer of eight new zones for the private sector and multinational oil and gas companies.
Egypt, Economics, 7/24/2002
Jordan, Iraq to sign a free trade agreement
According to figures of the Jordanian central bank, the Jordanian exports to Iraq reached in 2001 $ 230 million.
Jordan-Iraq, Economics, 7/23/2002
Algeria wants trade with Iraq to surpass $300 millions
Algeria said it wants "a qualitative jump in the cooperation relations" with Iraq and the need for "taking advantage of both countries' potentials and developing industry in compliance with the requirements of their economies," in addition to intensifying trade, the Algerian news agency APS reported yesterday.
Algeria-Iraq, Economics, 7/22/2002
UAE donation for rebuilding Jenin camp
UNRWA said on Saturday that the United Arab Emirates UAE Red Crescent gave a donation of USD 27 million to rebuild and fix buildings of Jenin Camp in the West Bank.
United Arab Emirates-Palestine, Economics, 7/22/2002
Egyptian tourism bouncing back to recovery
Egypt's tourism industry is showing signs of recovery. Statistics available show that the number of foreign visitors to the country last month neared that of the same period last year.
Egypt, Economics, 7/22/2002
Egyptian-Libyan oil, gas company's inaugural assembly
The Egyptian-Libyan Arab oil and gas pipeline company held its inaugural assembly in Cairo Saunday in the presence of Egyptian Petroleum Minister Sameh Fahmi and Secretary-General of the Libyan People's energy committee, Libyan official Abdul Hafez El-Zoliten said.
Egypt-Libya, Economics, 7/22/2002
Bourse lifts 5 percent ceilings on shares in 12 firms
The Egyptian Stock Exchange yesterday removed the share price ceilings, which were previously 5 per cent up or down on the original share price.
Egypt, Economics, 7/22/2002
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