Arabic News Weekly Edition for Economics, 1/6/2003
Weekly Edition, Economics - Week of January 6, 2003
- Ebeid: private investments in Egypt hit le 358 billion
chairman of GAFI Mohammed al Ghamrawy said the complex includes representatives of 27 ministries and all official bodies concerned in a bid to ease the investment process Egypt, Economics, 1/11/2003 - France willing to cooperate with Egypt in gas exports
Minister of Petroleum Sameh Fahmy said yesterday that France expressed willingness to cooperate with Egypt in exporting natural gas to the European continent and increasing the French investments in prospecting for oil and gas and their relevant industrial projects. Egypt-France, Economics, 1/11/2003 - Syrian- Moroccan executive programs for scientific, technical co-operation agreements signed Morocco-Syria, Economics, 1/10/2003
- Syrian oil company joins Russian companies in developing the Iraqi al- Qurneh oil fields
The Syrian al-Bayan oil company has expressed readiness to join Russian companies that develop the Iraqi oil fields in al- Qurneh after this contract was withdrawn from the Giant Russian "Look Oil." Syria-Iraq, Economics, 1/10/2003 - An Arab anti- normalization conference in Damascus
The general secretariat of the Arab parties which takes Amman as a headquarters decided to convene a people's conference for boycotting Israel in Damascus on January 25th, with the participation of Arab commissions, and committees concerned with following up normalization. Regional-Israel, Economics, 1/10/2003 - Moroccan-Saudi business council meets next week
The Morocco-Saudi Arabia Business Council will hold a meeting next Monday in Casablanca to debate problems hindering the development of commercial exchanges between the two Arab states. Morocco-Saudi Arabia, Economics, 1/9/2003 - Plans to upgrade textile industry, steel, and pharmaceutical
Public Enterprise Minister Mokhtar Khattab told the People's Assembly (PA) Economic Committee yesterday that the sale of 192 loss-making companies has brought the state LE16.7 million. Egypt, Economics, 1/9/2003 - France possible gateway for gas exports
Petroleum Minister Sameh Fahmy and the French Minister of Industry have discussed the possibility of exporting Egyptian gas through France, other European Union countries, Cyprus and Eastern Europe by January 2004. Egypt-France, Economics, 1/9/2003 - Morocco's external commerce minister in Amman for a free trade meeting Regional-Jordan, Economics, 1/9/2003
- Arab body recommends joint Arab action in agricultural realm
The executive council of the Arab Organization for Agricultural Development (AOAD) adopted in Rabat on Tuesday recommendations aiming to consolidate Arab joint action in the agricultural realm. Regional, Economics, 1/9/2003 - Kuwait for increasing OPEC's oil production Kuwait-Regional, Economics, 1/9/2003
- Fez to host Arab event on craftsmanship
Fez will host an event on craftsmanship in the Arab states on January 15-17, under the theme: "Craftsmanship as instrument for durable development and preservation of Arab patrimony." Regional-Morocco, Economics, 1/9/2003 - Moroccan-Saudi vegetal oil company created
Saudi group "Safola" and a group of Moroccan investors decided to create a joint-venture specialized in producing 45,000 tons of vegetal oil per year, to be marketed in Morocco. Saudi Arabia-Morocco, Business, 1/8/2003 - Al-Anbaa: Kuwaiti- Russian talks to boost oil and gas cooperation
The Kuwaiti minister of information and acting minister of oil Ahmad Fahad Al-Ahmad Al-Sabah announced that he had agreed with the Russian minister of energy Igore Yousovov during the latter's visit to Kuwait to form three joint committees between the two countries aiming at strengthening and developing bilateral cooperation. Kuwait-Russia, Economics, 1/8/2003 - Slashing debts saves12 billion to state budget annually
Prime Minister Atef Ebeid said Egypt's debts were slashed to the half, adding this saved L.E. 10-12 billion annually to the state budget. Egypt, Economics, 1/8/2003 - First Arab-financed computer to be manufactured in Egypt within weeks
The first Arab-financed computer will be manufactured in Egypt within the coming few weeks in collaboration with the Ministry of Communications and Information Technology, an Arab investor and some companies in Taiwan and Korea. Egypt, Economics, 1/8/2003 - Establishments In Egypt
The number of economic establishments in Egypt has risen to 3,160,229 compared to 3,072,600 in 1996, an increase of 87,628 (2.9 per cent), an economic survey released Sunday showed. Egypt, Economics, 1/8/2003 - Morocco takes part in Hanover world carpet fair
Morocco is taking part this Jan.11-14 in the world carpet fair of Hanover, together with over 1,000 exhibitors from 65 countries. Morocco, Economics, 1/8/2003 - French Universal Music to open branch in Casablanca
Universal Music, a subsidiary of French group Vivendi Universal, will open a branch in Casablanca, as of next summer, announced Pascal Nègre, UM's CEO, in an interview published by Moroccan web journal Menara. Morocco-France, Business, 1/8/2003 - Trade volume increase between Jordan, Israel
Jordanian official statistics show that the volume of trade with Israel increased in the first 11 months of 2002 by 26.9% in comparison with the same period of 2001. Jordan-Israel, Economics, 1/8/2003 - Saudi- Russian economic cooperation Saudi Arabia-Russia, Economics, 1/6/2003
- Libya, Senegal signed a memorandum of understanding Libya-Senegal, Economics, 1/6/2003
- Egypt - Turkey economic cooperation talks Egypt-Turkey, Economics, 1/6/2003
- Deposits up to LE. 350 billion, loans LE 268 Egypt, Economics, 1/6/2003