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Weekly Edition, Economics  -  Week of December 22, 2003
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Kuwaiti oil to be refined in Egypt
A Kuwaiti oil experts delegation is due in Cairo during the second half of January 2004 for talks with their counterparts in Egypt on refining Kuwaiti oil in Egyptian refineries.
Egypt-Kuwait, Economics, 12/27/2003

Over 3,000 casualties in road accidents in Morocco; severez drain on economy
Annual losses resulting from these accidents were estimated at 11 billion Dhs (US $1.1 billion), that is 2.5 percent of the GDP
Morocco, Economics, 12/26/2003

Compulsory health insurance project to be launched in january 2005, pm
Moroccan prime minister, Driss Jettou, said Wednesday, that the project of compulsory global health insurance will be enforced as of January 2005.
Morocco, Economics, 12/26/2003

$ 170 m for pharmaceutical industries in South Valley
The General Authority for Investment and Free Zones (GAFI) has approved six new investment project worth $170 million in caital.
Egypt, Economics, 12/26/2003

US fund purchases over 36 percent of Moroccan fertilizers import company
The US fund "AIG African Infrastructure Fund LLC" has purchased 36.36 percent of the capital of the Moroccan fertilizers import company "Gharaf Corporation" for 100 million Dhs (nearly US $10 million), the Moroccan company's CEO, Amine Kandil, told a press conference, in Casablanca Tuesday.
Morocco-USA, Economics, 12/25/2003

Locusts won't be eradicated until next March, minister
Moroccan minister of agriculture and rural development, Mohand Laenser, said Tuesday efforts to rid some 16,000 ha in southern and eastern regions of locusts will not yield fruit until March 2004.
Morocco, Economics, 12/25/2003

Unemployment rate in Morocco reaches 11.2 percent in h2, 2003 (official)
Morocco, Economics, 12/25/2003

South Korea set to invest in Moroccan communication sector
The president of the S. Korean International Cooperation agency for New Information and Communication Technologies (NICT) has voiced his country's resolve to invest in the NICT sector in Morocco, underscoring that the South Korean experience in NICT is acknowledged all over the world.
Morocco-South Korea, Economics, 12/24/2003

Egypt to set up first solar power station in Mideast, Africa
Egypt at the beginning of 2004 will set up the first solar power station in Mideast and Africa.
Egypt, Economics, 12/24/2003

Children represent nearly 50 percent of the Arab population
Children represent almost 50 percent of the Arab population, that is nearly 140 million, the regional bureau of the World Health organization (WHO) said, in Cairo Sunday, in a report on the situation of children in the Arab states.
Regional, Economics, 12/23/2003

Over 7 million mobile customers in Morocco
The Number of subscribers to the two mobile phone companies "Maroc-telecom" and "Meditel" in Morocco, has, so far, reached over 7 million, compared to nearly 1.17 million subscribers to the land-line phone company "Maroc-telecom," revealed a document published Monday by the Moroccan trade, industry and telecommunication ministry.
Morocco, Economics, 12/23/2003

Morocco's presence on Russian market weak, report
Morocco's presence on the Russian market is "very weak" despite the existence of several cooperation agreements, mainly in agriculture and fisheries, according to a report of a prospecting mission of the Moroccan Center of Exports Promotion.
Morocco-Russia, Economics, 12/23/2003

Washington expects to conclude FTA with Morocco in January
Morocco-USA, Economics, 12/22/2003


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