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Weekly Edition, Economics  -  Week of September 20, 2004
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Timetable for extending Arab gas pipelines inside Jordan and Syria discussed
Egypt's Minister of Petroleum Sameh Fahmy will hold three meetings on Saturday with visiting Arab oil ministers.
Egypt-Regional, Economics, 9/25/2004

Shifts in Iraq funding designed to address immediate priorities
The Bush administration seeks to give the Iraqi people the resources they need to overcome the challenges they confront, and the first priority in that regard must be security and law enforcement, according to Deputy Secretary of State Richard Armitage.
Iraq-USA, Economics, 9/25/2004

Implementation of the West Africa gas project
"The Ghanaian Minister of Energy announced the start of the implementation of the West Africa gas project in November," JANA reported yesterday.
Regional, Economics, 9/25/2004

Oil barrel price jumps to $ 48.88
Oil prices at dealings session on Friday in New York were concluded at a new high. The price of one barrel of oil reached $ 48.88 while the dealers continued their concerns over the volume if the American storage despite the decision of the government to use the strategic oil reserves.
Regional, Economics, 9/25/2004

Moroccan-Libyan plant to meet 60 percent of Libya's market need in cleaning products
A joint Moroccan-Libyan plant, inaugurated Wednesday in Tripoli, will meet 60 percent of the Libyan market in cleaning products.
Libya-Morocco, Economics, 9/24/2004

An increase in the flow of foreign investment to the Arab states
The flow of foreign investment to the Arab states registered a large increase of 60% in 2003 in comparison with 2002, that seems to have been a result of the events of September 2001 in the USA.
Regional, Economics, 9/24/2004

Foreign investments, private loans rose by 213% during last 5 years
Foreign investments and private loans in Morocco reached 98.7 billion Dirhams (around US$ 11 billion) during the five last years, against 31.5 billions during 1994-1998, i.e. a 213% rise.
Morocco, Economics, 9/24/2004

An attack at an Iraqi oil line
One Iraqi oil official said on Thursday that an attack took place on a pipeline linking the northern and southern oil fields in Iraq and this resulted in halting pumping operations.
Iraq, Economics, 9/24/2004

Times of India: India considers Egypt's oil pipeline offer
"India is studying Egypt's offer to take part in an oil pipeline project.The pipeline would link the Mediterranean and the Red Sea and give India access to oil wells from the Caspian, Sea and the Black Sea," the Times of India said.
Egypt-India, Economics, 9/24/2004

Morocco set to crack down on intellectual property piracy
Moroccan Communication Minister, Nabil Benabdallah, examined Wednesday with a delegation of the International Federation of the Phonographic Industry (IFPI) a draft action plan to crack down on intellectual property piracy in the country.
Morocco, Economics, 9/24/2004

CBE: Foreign reserve up by $ 362 million in a month
The state's foreign currency reserve has increased by $ 362 million in June as compared to May, said the Central Bank of Egypt (CBE).
Egypt, Economics, 9/24/2004

Syrian tourism industry discussed at presidential level
Syria's President Bashar al-Assad on Wednesday chaired a meeting of the Tourism Higher Council which comprised of the Prime Minister and ministers of Finance, Transport, Interior, Local Administration and Environment and Minister of Tourism.
Syria, Economics, 9/23/2004

Ankara determined to make Morocco a hub for Turkish operators
This move will be consolidated by opening direct air links between Casablanca and Istanbul, Akin told a press conference, Tuesday in Casablanca, on the eve of the 4th edition of the Turkish Fair, to be held on September 23-26.
Morocco-Turkey, Economics, 9/23/2004

Egypt seeking Japanese expertise to create exports-friendly atmosphere
Minister of Foreign Trade and Industry Rashid Mohamed Rashid said Tuesday Egypt was seeking Japanese expertise and successful experience to create an exports-friendly atmosphere.
Egypt-Japan, Economics, 9/22/2004

Syria-Jordanian financial cooperation
Syria-Jordan, Economics, 9/22/2004

Moroccan Central Bank law reform to enhance bank's autonomy
The draft status of the Moroccan central Bank "Bank Al Maghrib" is to enhance the bank's autonomy and set an adequate structure for the management of a credible monetary policy, said Moroccan finance minister, Fathallah Oualalou.
Morocco, Economics, 9/22/2004

Unified Arab Stock Exchange: nucleus for common market
After three years of legislative and technical preparations, the Unified Arab Bourse will start its activities as of January, said Mohamed Abdul Salam, Chairman of Cairo and Alexandria Stock Exchanges (CASE).
Regional, Economics, 9/21/2004

Kuwaiti oil sector witnesses a leap in its projects
The oil sector in Kuwait has been witnessing an active movement to make a comprehensive development in its performance and a qualitative leap including its projects, companies and renovation of its transport fleets.
Kuwait, Economics, 9/20/2004

Conference in Jordan on Arab economic integration
The Arab trade and economic integration conference opens today in the Jordanian University, at a vast Arab participation.
Regional, Economics, 9/20/2004

Dubai approves establishing a world financial center
The Deputy President of the United Arab Emirates and the ruler of Dubai, Sheikh Maktoum Bin Rashed al-Maktoum, issued a special decree for the establishment of Dubai's world financial center as a financially and administratively independent free zone.
United Arab Emirates, Economics, 9/20/2004

Arab Businesswomen Forum concludes deliberations
Under the Patronage of Syria's First Lady Asma al-Assad, the meeting of Arab Businesswomen was held at Meridian Hotel in the Syrian coastal city of Lattakia under the title "Activating Woman's Role in Tourism and Tourist Society." The meeting was organized Friday night by the Committee of Arab Businesswomen in Lattakia with the cooperation of the Council of Arab Businesswomen.
Regional-Syria, Economics, 9/20/2004


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