Arabic News Weekly Edition for Economics, 12/16/2002
Weekly Edition, Economics - Week of December 16, 2002
- Gulf summit today in Qatar Gulf-Qatar, Economics, 12/21/2002
- Mubarak to probe banks draft law to raises bank regulation standards
The draft law is based on the full separation between the ownership, control and management, an official, source said. Under the draft law, the shareholders cannot get loans or credit facilities for their stocks. Egypt, Economics, 12/21/2002 - UAE, Syria for ports cooperation
The Syrian transport minister, Makram Obeid, on Thursday in Abu Dhabi discussed with the director of Dubai's ports authority Jamal Majid Bin Thaneyah cooperation between ports in the two states. United Arab Emirates-Syria, Economics, 12/21/2002 - High dam electricity generators to be renovated Egypt, Economics, 12/21/2002
- Morocco's Prince Moulay Rachid Receives US Outstanding Film Producers, Directors
Morocco's Prince Moulay Rachid, younger brother of King Mohammed VI, received in Paris on Thursday famed US producers and directors, including Dino De Laurentis and Baz Lurhman, director of "Moulin Rouge," a 2001 box office blockbuster. Morocco, Economics, 12/21/2002 - Brazilian markets open for Egyptian exports
A Brazilian delegation currently visiting Cairo has discussed the Brazilian markets needs from the Egyptian products during a meeting with the Egyptian Exporters Association. Egypt-Brazil, Economics, 12/21/2002 - UN health agency rushes medical supplies to drought-hit Ethiopia
Aiming to stem the spread of disease and malnutrition in drought-stricken Ethiopia, the United Nations World Food Program (WFP) on Friday sent a massive shipment of medical supplies to the country. Ethiopia, Economics, 12/21/2002 - Unified Arab stock exchange: key avenue for common market
A study recently conducted, underlined the need for the repatriation of the Arab investments and benefiting from them in order to serve the interests of the Arab states' citizens, encouraging Arab investment awareness through new mechanisms depending on investment in securities and linking Arab stock exchanges Regional, Economics, 12/20/2002 - Younis: Egypt, Jordan to cooperate in power field
The two sides will also tackle means to avail Egyptian experience for the Jordanian side to benefit from in the field of electricity and power and export of Egyptian electric equipment to Jordan. Jordan-Egypt, Economics, 12/20/2002 - Syrian-Russian Economic Cooperation reviewed
Damascus Chamber of Industry Board and Representatives of Ministries of Economy, Industry and Transportation yesterday discussed with the visiting Russian Communist Party delegation the economic relations and the cooperation in the industrial field between Syria and Russia and ways of developing them. Syria-Russia, Economics, 12/20/2002 - Jordan, Egypt signed minutes of meeting on plant protection
Jordan and Egypt have signed minutes of meeting of their joint committee on the plant quarantine and protection, which provides for boosting agricultural production between the two states. Egypt-Jordan, Economics, 12/20/2002 - Saudi- Tunisian agreements on joint cooperation
He denied the postponement of the agreement on free trade and investment protection between Saudi Arabia and Tunisia Tunisia-Saudi Arabia, Economics, 12/19/2002 - Syria's First Lady stress education for development; business women accompany the president
Mrs. al-Assad raised few questions and indicated that teaching process is everyone's responsibility in the society and no development could be achieved without individuals self development. Syria, Economics, 12/19/2002 - Damascus Oil and Gas symposium
Miro underlined the government's interest in gas and oil investment and increasing production, as well as developing the prospecting ability, supporting the Syrian Company for Oil and following up the drilling campaigns in the frame of services and participation between the Local Company and prospecting companies. Syria, Economics, 12/19/2002 - Saudi- Tunisian joint committee
Works of the 6th session of the Saudi- Tunisian joint committee started chaired by the Saudi Arabia's minister of commerce Osama al-Faqih and the Tunisian minister of development and international cooperation Muhammad al-Nouri al-Jweini. Saudi Arabia-Tunisia, Economics, 12/18/2002 - Syrian- Iranian industry relations boosted Syria-Iran, Economics, 12/18/2002
- Syria- Sudan for boosting agricultural relations
Syria's Minister of Agriculture and Agrarian Reform, Nour Eddin Mona received in Damascus yesterday the Sudanese State Minister for Agriculture and Forests, Al-Fateh Mohammed Saeed. Syria-Sudan, Economics, 12/18/2002 - Egypt's software companies Hit 797 With L.E. 2.9 billion investments
Representative of the opposition Tagammu Party, Khalad Mohie Eddin, said that the constitution and law should be respected and that a judicial permission should be obtained before tapping telephones. Egypt, Economics, 12/17/2002 - high time for investing Arab capital in the Arab states
Experts unanimously agree that the setting up of the Arab Free Trade Area (AFTA) is the only way for achieving Arab economic integration and realizing the aspired goals of the Arab common market. Regional, Economics, 12/17/2002 - Al-Anbaa: Israeli goods in Kuwaiti markets
Trade audition inspectors at the Kuwaiti ministry of commerce and industry have discovered the existence of Israeli goods in the Kuwaiti markets. Kuwait-Israel, Economics, 12/17/2002 - CBE Governor declares features Of the new monetary policy
Mahmoud Abul Oyoun, Governor of the Central Bank of Egypt (CBE) said it is likely that a new cut in the banking interest rate will be effective in case the market needs this. Egypt, Economics, 12/17/2002 - New measures to bolster economic ties with China
Chairman of Federation of Egyptian chambers of Commerce, Khaled Abu Ismail said that Egyptian and Chinese businessmen agreed to benefit from the great facilities provided for trade exchange between the two countries by their governments to enhance cooperation between the two countries. Egypt-China, Economics, 12/17/2002 - al-Hadath: Jordanian businessmen to withdraw their investments from Israel Jordan-Israel, Economics, 12/17/2002
- Younis reviews electricity strategy before Arab Atomic Energy conference
Egyptian Minister of Electricity and Energy Hassan Younis Sunday said the strategy of the electricity sector aims at the optional use of manpower, financial and technological resources available and improving energy production and consumption efficiency with environmental standards in mind. Regional, Economics, 12/17/2002 - Gulf states: Customs federation to be in force as January 2003
Qatar's finance minister Youssef Hussein Kamal yesterday in Doha announced at the conclusion of the ministers of finance, the economy and trade at the Gulf Cooperation Council (GCC) states that it was agreed during the meeting to enforce the customs federation among the GCC member states as from the beginning of January 2003. Gulf, Economics, 12/16/2002 - Syria's economy minister: decisions will show result very soon
Syria's Minister of Economy and Foreign Trade, Ghasan al-Refaee, declared on Saturday that his ministry had taken a number of decisions which would take part in improving the economic performance as well as facilitating and simplifying foreign trade procedures. Syria, Economics, 12/16/2002 - Al-Refaee inaugurates WB group symposium on private sector
Syria's Minister of Economy and Foreign Trade, Ghasan al-Refaee, yesterday opened a symposium organized by the World Bank Group and the Syrian Chambers of Commerce in cooperation with Chambers of Industry and the Syrian European Business Center under the slogan "Partnership for trade and investment promotion in Syria." Syria, Economics, 12/16/2002