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Weekly Edition, Economics  -  Week of August 5, 2002
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Texts on southern provinces development agency, Tangier port complex under scrutiny
Morocco's Prime minister, Abderrahmane Youssoufi, chaired in Rabat Thursday a meeting to study draft laws related to the creation of an Agency for Social and Economic Development of Southern Provinces and on the construction of Tangier's Euro-Mediterranean Port and Economic Complex.
Morocco, Economics, 8/10/2002

Egyptian agriculture research center among world's best 16
The Egyptian Agriculture Research Center was chosen among the world's best 16 agriculture research centers in agriculture technology production and application of researches.
Egypt, Economics, 8/10/2002

Syria: opening foreign currency accounts for residents, non residents,without asking for their source
Syria, Economics, 8/9/2002

E-Trade Seminar in Casablanca this October
Morocco, Economics, 8/9/2002

Egypt discussions on one billion loan with World Bank
An official at the World Bank has announced the readiness of the bank to offer Egypt a loan estimated at $ one billion, with the participation of other sides, for a period of three years at an annual rate of 2.5% to be paid back in 5 years following a grace period of seven years.
Egypt, Economics, 8/9/2002

Ebeid to receive study from GAFI on setting up free zone in Toshka
Establishing an agriculture free zone in Toshka is the subject of the latest report, by the General Authority for Investment and Free Zones (GAFI)
Egypt, Economics, 8/8/2002

Israeli weapons in exchange for Turkish water
Israel and Turkey on Tuesday finalized a unique deal that contributes to deepening their alliance for a long future. The deal stated to exchange Israeli weapons for Turkish water for the next 20 years, at amounts estimated at 50 million cubic meters of water annually.
Israel-Turkey, Economics, 8/7/2002

GCC Leads Arab Nations in E-Trade, Study
Arab e-trade faces several obstacles, but the Gulf Cooperation Council nations are the leaders in this field, with an industry worth US $1.3 billion, a study said on Monday.
Regional, Economics, 8/7/2002

Jordan denies exporting Israeli goods to Saudi Arabia
The secretary general of the Jordanian ministry of industry and trade Samer al-Taweel on Monday denied news reports stated by Saudi dailies on exporting Israeli goods to Saudi Arabia through Jordan.
Jordan-Saudi Arabia, Economics, 8/6/2002

No privatization of public utilities
Egypt's Prime Minister Atef Ebeid said public utilities would not be privatized, noting that water, sanitary drainage, roads, bridges, schools, hospitals, electricity networks
Egypt, Economics, 8/6/2002

Saudi Arabia: 190 companies on the boycott list
Saudi Arabia-Israel, Economics, 8/5/2002

Syria: new gas well in west of Palmyra
The minister of oil and mineral resources in Syria Ibrahim Haddad has announced the discovery of a new gas well to the west of Palmyra. This is the second gas well to be discovered within three months by the Croatian EINA company
Syria, Economics, 8/5/2002

Bush expects free trade accord with Morocco to be signed shortly
President George W. Bush is expecting to see the free trade accord with Morocco signed the soonest, said Friday the US trade representative, Robert B. Zoellick.
Morocco-USA, Economics, 8/5/2002

PM: No collective settlement to bank clients' problems
In an attempt to overcome the economic instability caused by the accumulation of debts of investors to banks and which led to the escape of dozens of investors out of the country, Prime Minister Atef Ebeid called upon fugitive businessmen to return to settle their problems. He promised they would not face any police or judicial procedures.
Egypt, Economics, 8/5/2002

South Korean Vice Minister of Construction carries on Talks in Rabat
Visiting South Korean vice-minister of construction and transports, Byun Jik Choo, is carrying on talks in Rabat with Moroccan officials on means to upgrade bilateral cooperation especially in matters of equipment and infrastructure.
Morocco-South Korea, Economics, 8/5/2002


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