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Weekly Edition, Economics  -  Week of May 24, 2004
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Egyptian businessmen seek pharmaceutical cooperation with Russian companies
Members of the Egyptian-Russian Business Council held Friday intensive negotiations on the pharmaceutical industry with a number of Russian pharmaceutical companies.
Egypt-Russia, Economics, 5/29/2004

Morocco-US FTA to be signed in June
Morocco-USA, Economics, 5/29/2004

Morocco-Catalonia trade estimated at 812 Mn in 2003
Trade between Morocco and the Spanish region of Catalonia rose from 525 million Euro in 2000 to 812 million Euro in 2003, according to figures released at a meeting, in Rabat Friday, between visiting President of the local government of Catalonia, Pasqual Maragall, and Moroccan Premier, Driss Jettou.
Morocco-Spain, Economics, 5/29/2004

Morocco, Jordan set to promote economic partnership
The Moroccan minister said that last year, trade with Jordan, has not exceeded 0.1 percent (nearly US $18.1 million) of Morocco's overall foreign exchanges and 1.1 percent of its exchanges with Arab states.
Morocco-Jordan, Economics, 5/29/2004

Micro-finance institutions eye treble recipients
Micro-finance institutions, which have extended some 1.5 million loans worth 3.4 billion DH (around US$ 377 million) by end of last December, want to treble the number of recipients to reach 1 million persons and increase by eight folds their loans to 4.5 billion DH (US$ 500 million).
Morocco, Economics, 5/28/2004

Thomas Cook, Iberostar eye strategic partnership with Morocco
The leisure group "Thomas Cook" and its strategic partner "Iberostar" are examining with Moroccan officials means to establish a strategic partnership with Morocco.
Morocco, Business, 5/28/2004

Turkish Parliament to ratify FTA with Morocco 'within two months', Speaker
Morocco-Turkey, Economics, 5/28/2004

Road linking Morocco to Mauritania to open next October, official
A road linking Morocco to its southern neighbor, Mauritania, should be operational as early as October, announced, here Tuesday, Moroccan Prime Minister Driss Jettou.
Morocco-Mauritania, Economics, 5/27/2004

Banks conference calls for Arab financial market integration
The 2nd Conference of Banks and Finance called for activating and upgrading the banking sector's role in development and promoting the economic growth in the Arab states.
Regional, Economics, 5/27/2004

Urgent action needed to prevent full-scale locust plague in Northwest Africa, UN
Warning of an upsurge in locust proliferation in Northwest Africa, the United Nations Food and Agriculture Organization (FAO) on Wednesday appealed for immediate action from regional countries and international donors in a race against time to prevent a possible full-scale plague of the crop-eating insect by the end of the year. "Locusts are breeding in thousands of spots
Maghreb, Economics, 5/27/2004

Syrian Banking Conference opened
Syria, Economics, 5/27/2004

Morocco resumes imports of milk cows next October
Morocco will resume, starting next October, importing milk cows, says the agriculture and rural development ministry which explains that an ad-hoc commission has found that current conditions are BSE-risk free.
Morocco, Economics, 5/27/2004

Syria- Egyptian joint electric cooperation
Egyptian Electric Holding Company decided Wednesday on launching the Syrian-Egyptian Company for Electric Studies and Engineering Consultations.
Syria-Egypt, Economics, 5/27/2004

Morocco exports 10% of its pharmaceutical products, Minister
Morocco, Economics, 5/27/2004

Number of tourists in Morocco 21% up by end of April
Morocco, Economics, 5/27/2004

Morocco's GDP to post estimated 4.4% growth in 2004
Morocco's Gross domestic product (GDP) is expected to grow by an estimated 4.4% by end of 2004, which is "a year of transition towards a significant economic growth" according to the Centre Marocain de Conjoncture (CMC).
Morocco, Economics, 5/26/2004

Egypt, Saudi Arabia sign agreement on mining projects
Egypt-Saudi Arabia, Economics, 5/26/2004

39 percent retreat in Egypt's trade deficit in 2003
Egypt witnessed a 39 percent retreat in the trade deficit in 2003, down by $ 4,780 billion compared to $ 7,835 billion in 2002, according to a monthly report by the Ministry of Foreign Trade.
Egypt, Economics, 5/25/2004

Egypt, China cooperate in manufacturing building materials, gas, petrochemicals
Prime Minister Dr. Atef Ebeid held on Monday talks with the visiting Chinese trade and economic delegation led by Deputy Trade Minister Wu Jan Ju.
Egypt-China, Economics, 5/25/2004

$ 496 million in value of Egyptian-Brazilian trade exchange
Value of the Egyptian-Brazilian trade exchange in 2003 reached $ 496 million, including Egyptian exports to Brazil worth $ 34 million. However, the aggregate bilateral trade exchange in the first three months of 2004 amounted to $ 125.5 million, said Ashraf El-Ataal, Head of the Egyptian-Brazilian Business Council.
Egypt-Brazil, Economics, 5/25/2004

First Egyptian oil investment company starts business
Minister of Petroleum Sameh Fahmi said that the first Egyptian oil investment company "Sarwa" started its business by 5 agreements in the exploration areas in the Western Desert and North Sinai off the Mediterranean.
Egypt, Business, 5/25/2004

Morocco sees increase in number of pilgrims to Saudi Arabia
The number of Moroccan pilgrims to the Islamic holy sites in Saudi Arabia should be increased in light of findings of the general population census that Morocco will conduct this summer.
Morocco-Saudi Arabia, Economics, 5/25/2004


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