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Weekly Edition, Economics  -  Week of August 25, 2003
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Morocco, Saudi Arabia seek economic complementarity
Saudi Arabia's foreign affairs minister, Prince Saud Al Faisal, said the economic openness in the world requires Morocco and Saudi Arabia to accelerate economic complementarity.
Morocco-Saudi Arabia, Economics, 8/30/2003

Syrian agricultural projects in Sudan
Syrian Productive Projects Administration was charged with the investment of a large agricultural project in Sudan in the interests of the two states.
Sudan-Syria, Economics, 8/30/2003

1.5 million pounds to develop pyramids area
The tourist and archaeological site at Egypt's Pyramids area will see extensive development works at investments worth L.E. 1 million.
Egypt, Economics, 8/30/2003

An increase in hard currency reserves
The reserves of hard currency in the Central Bank of Egypt (CBE) made a rise by $298 million in May as compared to April.
Egypt, Economics, 8/30/2003

On the Syrian- Iraqi agreement to provide Ninawa with energy
Syria and Iraq have agreed to provide the Iraqi Ninawa province with energy, in the first official agreement signed between the two states since the collapse of the Iraqi regime since 4 months.
Syria-Iraq, Economics, 8/29/2003

Morocco to organize trade week in Algeria
Some 600 to 700 thousand national and foreign visitors are expected to attend the fair which extends in an area of 20,000 m2. It is among the important exhibitions in Algeria and includes all productive sectors destined for exports.
Algeria-Morocco, Economics, 8/28/2003

Emirati company to set up 3 hotels in Marrakesh
The Moroccan government and the Emirati Tourism Group Al Ghantoute signed in Rabat Tuesday an agreement on the set up of 3 hotels in the southern city of Marrakesh worth an overall 22 million dollars.
Morocco-United Arab Emirates, Economics, 8/28/2003

Over 70 movies to be screened at Marrakesh film festival
Some 73 movies will be screened at the 3rd International Film Festival of Marrakesh (FIFM), to be held October 3-8.
Morocco, Economics, 8/28/2003

Iraq buys electricity from neighboring states
Member of the Iraqi transitional governing council Naseir al-Jadraji said yesterday that the council asked the Iraqi electricity commission to finalize contracts with neighboring states ( Iran, Syria and Turkey) in order to buy electricity from which Iraq suffers great shortage.
Iraq, Economics, 8/28/2003

Hawaii ready to share its tourism experience with Morocco
Morocco-USA, Economics, 8/28/2003

Ebeid wants Egyptian banks to swiftly resolve the problem of debts
Ebeid stressed that it was important to develop the managerial system of the Egyptian banks and to make serious efforts so as to get them involved into new spheres
Egypt, Economics, 8/27/2003

Morocco, Canada cooperation program to align vocational training to market needs
Morocco and Canada singed here Monday a protocol of entente to back the introduction of skills approaches (APC) in the Moroccan vocational training system.
Morocco-Canada, Economics, 8/27/2003

King Mohammed lays foundation stone of sea resort in Asilah
Morocco's King Mohammed VI on Tuesday laid the foundation stone of a sailing port in Asilah, dubbed "Marina Asilah."
Morocco-Italy, Business, 8/27/2003

Electricity sector's annual investments hit L.E. 4.5 billion
Egypt, Economics, 8/27/2003

Morocco to take part in international shoe expo in Paris
Morocco will participate next September 6-8 in the international shoes exhibition.
Morocco-France, Economics, 8/27/2003

Issues facing the Arab common market
Resolution 17 for the establishment of the Arab common market was passed by the Arab Council for Economic Unity on 13 August, 1964. It was planned that the resolution would be put into effect in January, 1965, and that the process of liberalising Arab trade would be carried out in six phases by 1970.
Regional, Economics, 8/26/2003

Goweili: It was high time to bring Arab money back to Arab world
Regional, Economics, 8/26/2003

Moroccan energy minister visits Mauritania
Moroccan energy and mining minister, Mohamed Boutaleb started Saturday a seven-day visit to Mauritania at the invitation of his Mauritanian counterpart, Zeidane Ould H'Meida.
Morocco-Mauritania, Economics, 8/26/2003

Al-Riyadh: Israeli exports for Iraq
Iraq-Israel, Economics, 8/25/2003

Mubarak keen on private sector role in Arab common market
Egypt's Minister of Supply and Home Trade, Hassan Khedr, said that the Egyptian government was keen on providing comprehensive guardianship for the private sector to flourish and increase its participation in the development process.
Egypt-Regional, Economics, 8/25/2003

ÊSultanateÕs Oil and Gas ProductionÊ
The Sultanate's crude oil exports stood at 140,6 million during the first six month of 2003 compared to 154,9 million during the corresponding period last year, constituting a fall of 9.2%.Ê
Oman, Economics, 8/25/2003


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