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Calls to remove custom duties in the Arab states
Arab Economic Union Council called its eleven member countries to suppress custom duties and taxes on goods and services by 2005 and to adopt a strategy of economic complementarity in the next two years.
Regional, Economics, 6/7/2003
Oil sector revenues reach US $600m
The Egyptian government is currently studying setting up private sector companies to prospect for oil in the Egyptian territories, official economic sources said yesterday.
Egypt, Economics, 6/7/2003
Iraq prepared to resume oil exports
Iraq has been preparing to resume its oil exports just two and a half months since the eruption of war but will the main absent from OPEC meeting to be held on June 10th, due to the fact that there is no Iraqi government.
Iraq, Economics, 6/7/2003
U.S. officials: Iraq reconstruction will take years
The US Senate Foreign Relations Committee, chaired by Senator Richard Lugar (Republican of Indiana) concluded its second hearing June 4 on post-conflict Iraq. The hearing focused primarily on the Bush administration's assessment of the potential costs and length of America's direct involvement in Iraqi reconstruction.
Iraq-USA, Economics, 6/7/2003
US official on the future of Iraq
Future of Iraq, By Alan P. Larson, Under Secretary for Economic, Business, and Agricultural Affairs Testimony Before the Senate Foreign Relations Committee Washington, DC June 4, 2003:
Iraq-USA, Economics, 6/7/2003
Reconstruction in Iraq: Economic and Financial Issues
Reconstruction in Iraq: Economic and Financial Issues John B. Taylor Under US Secretary of the Treasury for International Affairs
Iraq-USA, Economics, 6/7/2003
USAID and reconstruction assistance for Iraq
Testimony of Andrew S. Natsios Administrator, USAID, Before the Committee on Foreign Relations U.S. Senate June 4, 2003:
Iraq-USA, Economics, 6/7/2003
Deal to export 1,000 Mercedes cars to China
An agreement was reached in principle to export 1,000 Mercedes cars assembled in Egypt to China after a success achieved by the manufacturer in a previous deal that involved the export of 250 Mercedes E-240 cars.
Egypt-China, Economics, 6/7/2003
Cabinet discusses ports modernization, public sector debts
The Cabinet will discuss this week a number of important economic issues including development of ports, reform of customs, repayment of public sector debts to the banking sector, increase of Apache Company investments in Egypt in addition to upgrade of economic cooperation with 12 Asian countries.
Egypt, Economics, 6/7/2003
Economic growth in Egypt 2.5%
Egypt's Minister of Planning, Osman Mohamed Osman, said that the Egyptian economy has achieved a growth of 2.3% during the period of January-March 2003. Thus, the growth rate amounts to 2.5% during the first nine months of the plan 2002/2003.
Egypt, Economics, 6/7/2003
Riyadh cancels the 15 billion Gas project with Axon- Mobile
Saudi Arabia yesterday cancelled an investment gas project in the area of developing gas reserves led by Axon- Mobile, with investments estimated at 15 billion dollars.
Saudi Arabia, Economics, 6/6/2003
Berlin's forum probes doubling Arab-German trade
Arab and German officials and economic operators are holding here their sixth economic encounter to look into ways to double trade exchanges between Arab countries and Germany.
Regional-Germany, Economics, 6/6/2003
Arab economic union council session focuses on Arab fund creation
The Arab Economic Union's council held here on Wednesday its 77th session with focus on ways to carry out the Arab joint market project, draw up an Arab economic strategy and incept an Arab fund for trade, investment and development.
Regional, Economics, 6/6/2003
Syria's economy minister for founding the Arab development Fund
SyriaÕs Minister of Economy and Foreign Trade Ghassan Rifaee arrived yesterday in Cairo to take part in the 77th session of Arab Economic Unity Council which began yesterday at Arab League's headquarter.
Syria-Regional, Economics, 6/5/2003
Government renews resolve to build 100,000 houses annually
Morocco's Prime minister, Driss Jettou, renewed on Tuesday the government's resolve to live up to its commitment to build 100,000 houses a year.
Morocco, Economics, 6/5/2003
US start third FTA round
Morocco-USA, Economics, 6/5/2003
Arab international conference for nutritional industries
The Arab International Conference for Nutritional Industries (AUNI) was opened yesterday in Damascus organized by the Arab union for Nutritional Industries under the title of "the joint Arab Market and the Future horizons."
Regional-Syria, Economics, 6/5/2003
Morocco woos expats for real estate investment
Morocco, Economics, 6/4/2003
Motorola wins a contract at USD 15.8 million in Iraq
Iraq-USA, Business, 6/4/2003
Arab banks hold international congress in montreal
The Union of Arab Banks (UAB), comprising nearly 300 banks and institutions from more than 20 countries, will hold its international congress in Montreal June 25-26 on "banking in a different world."
Regional, Economics, 6/4/2003
Moroccan bank launches international transactions online
The Moroccan Bank for Commerce and Industry (BMCI) launched in collaboration with French BNP Parisbas bank, Morocco's first portal to conduct international trade transactions, announced BMCI on Tuesday.
Morocco, Business, 6/4/2003
French-Spanish group buys 80% of Morocco's tobacco company
The bid made by "Altadis," a leading European tobacco manufacturer and selle
Morocco-France, Business, 6/3/2003
Al-Assad's wife inaugurates UNRWA's Loans program
The small business loans program was inaugurated in Damascus on Sunday with the attendance of Syria's First Lady, Asmaa Al-Assad.
Syria, Economics, 6/2/2003
Devon signs production sharing agreement in Syria
Devon Energy on May 31 in Oklahoma city announced that it has entered into an agreement to explore for oil and natural gas in Syria.
Syria-USA, Business, 6/2/2003
Gulfsands petroleum signs production sharing agreement in syria
Gulfsands Petroleum Ltd. announced on May 31 in Houston, Texas, that it had entered into a Production Sharing Agreement to explore for oil and natural gas in Syria. Gulfsands Petroleum and its partner, Devon Energy entered into the Agreement covering Block 26 in northeastern Syria with the Syrian Government and the Syrian Petroleum Company ("SPC"). Gulfsands Petroleum has a 20 percent participating interest while Devon Energy holds an 80 percent participating interest and is the operator.
Syria-USA, Business, 6/2/2003
New petrochemicals complex in northern Delta
Egypt, Economics, 6/2/2003
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