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Weekly Edition, Economics  -  Week of November 3, 2003
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Egypt to shift insurance funds to private sector
Egypt Minister of Finance, Medhat Hassanein, said that the Cabinet would discuss in its upcoming meeting a report by his ministry on the best means to invest social investment funds to remove the burden off the government's shoulders.
Egypt, Economics, 11/8/2003

Biggest gas find in Western Desert
The largest natural gas find was discovered in the Western Desert, 100 kilometers southwest of Matrouh, said Minister of Petroleum Sameh Fahmi.
Egypt, Business, 11/8/2003

Morocco resolved to implement agreement on information technology, ambassador
Morocco is determined to implement all provisions of the 1996 Agreement on Information Technology (ATI) to which it recently adhered, said, here Wednesday, Moroccan Ambassador to the UN in Geneva.
Morocco, Economics, 11/8/2003

UN aid agency calls for more financial support to Palestinians
UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) called here Tuesday for more financial support to Palestinians living in the West Bank and Gaza, underlining that although 60 per cent of them fall below the poverty line, aid programs have had to be cut back drastically because of the low response to appeals for donations.
Palestine-Israel, Economics, 11/6/2003

Al Ahram Economics: Morocco-Egypt business council to meet end of November
The Moroccan-Egyptian business council will meet end of November to assess the impact of the free trade agreement concluded between the two states last April, said head of the Egyptian delegation, Yamani Foulfoula.
Egypt-Morocco, Economics, 11/6/2003

Syria- Lebanese industrial committee meets in Damascus
The joint Syrian-Lebanese Ministerial Industrial Committee began in Damascus yesterday deliberations. They were headed by Syria's Minister of Industry, Mohammed Safi Abo Dan and his Lebanese Counterpart, Eli Skaf.
Syria-Lebanon, Economics, 11/6/2003

Al-Ahram: Egypt: Measures to limit high prices of food commodities
The Egyptian government has decided to take several measures in order to limit the high price of basic food commodities and to ensure their availability in the market.
Egypt, Economics, 11/6/2003

Success of post-cancun negotiations depends on serious commitment of developed countries
Morocco has said during the debate of the UN economic and financial committee that the success of negotiations after the World Trade Organization's (WTO) 5th ministerial conference held last September depends on a serious commitment of developed countries.
Regional-Morocco, Economics, 11/6/2003

Moroccan airline receives its first Airbus a 321-200
Moroccan carrier "Royal Air Maroc" (RAM) received on Tuesday its first Airbus A 321-300 while a second one will be delivered in a month, part of an order for 4 planes of the same type, the company announced.
Morocco-France, Business, 11/6/2003

US launches project to facilitate moroccan entrepreneurs' access to US market
The U.S. launched, in Casablanca Tuesday, Morocco Fast Track Trade Project (MFTT) destined to facilitate Moroccan entrepreneurs access to the US market and maximize investment opportunities in the U.S.
Morocco-USA, Economics, 11/6/2003

Oil experts: World competition for purchasing Egyptian gas
Egypt is witnessing a leap in the production of the natural gas as the Egyptian reserves of natural gas raised from 36.5 trillion in 1999 to 60 trillion in 2003.
Egypt, Economics, 11/5/2003

Syrian- Italian cooperation relations highlighted
Syria-Italy, Economics, 11/5/2003

Syrian cabinet meets on laws and tax fighting laws reformation
The Syrian cabinet chaired by prime minister Naji Otri, on Tuesday discussed reforming several tax laws and fighting tax evasion along with ratifying agreements and protocols signed with foreign countries.
Syria, Economics, 11/5/2003

Construction sector accounts for more than 6% of GDP in Morocco
Morocco, Economics, 11/5/2003

Allawi: Israeli goods enter Iraq through independent traders
Iraq's trade minister Ali Allawi denied any trade agreement to have been finalized between Iraq and Israel.
Iraq-Israel, Economics, 11/4/2003

Egypt to import Sudanese meat; trade route construction
Egypt-Sudan, Economics, 11/4/2003

Saving Western Desert from mines' danger
An Egyptian report said Defense and National Security Committee of the People's Assembly discussed the mines issue in the Western Desert since it would affect the state's plan to develop this area to attract citizens to move to it from big cities. The report prepared by the Committee mentioned that the minefields in the Western Desert cover an area of 248,000 hectares including 16.7 million mines and bombs.
Egypt, Economics, 11/4/2003

Oman expands internet access capacity
Oman, Economics, 11/4/2003

Jordan: Major looting case submitted to the state security court
The Jordanian government has submitted a large looting case to the state security court as a violation to economic security against a person who looted several millions dollars from "Philadelphia Bank,"
Jordan, Economics, 11/3/2003

Libya joins the Arab electricity grid
The 9th Ministerial meeting of the six-way Electrical Linkage Countries was held on Sunday with the participation of the electricity and energy ministers of Syria, Egypt, Jordan, Lebanon and Turkey in addition to a representative of Iraq.
Regional-Syria, Economics, 11/3/2003

Tourism minister sees increase in Europe tourists
Syria-European Union, Economics, 11/3/2003

British Airways introduces more non-stop flights to marrakech and agadir
This winter, British Airways has introduced more non-stop flights to Marrakech and reinstated flights to Agadir in southern Morocco, according to a press release published Friday.
Morocco-UK, Business, 11/3/2003


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