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French fund grants Morocco Euro 25 million loan for railway
The French Development Agency (AFD) has extended the Moroccan state-owned railway office a Euro 25 million loan destined to partially finance a railway between the northern city of Tangier and the new Tangier-Mediterranean port.
Morocco-France, Economics, 4/23/2005
Egypt's agricultural exports up to L.E 6 billion
The Egyptian agricultural exports upped to LE 6.155 billion from January to September 2004 compared to LE 4.301 billion in the same period of 2003.
Egypt, Economics, 4/23/2005
Egyptian Bourse, oil markets lead Middle East to economic boom
The World Bank said yesterday that the Middle East and North Africa scored in the last two years the biggest economic leap since the 1990s as rate of growth hit 6 percent in 2003 and 5.6 percent in 2004 due to a rise on crude oil prices and flourishing stock markets mainly the Egyptian bourse.
Regional, Economics, 4/21/2005
Recommendations on Improving Arab Banking and Financial System
The Arab Committee for Improvement of Financial and Accountancy Systems at the Arab League specialized affiliated establishments ended on Wednesday a seven-day meeting with a package of recommendations and suggestions to further update performance in this field.
Regional, Economics, 4/21/2005
Foreign Trade Ministry measures to remedy trade deficit
Encouraging investment in exports, concluding free trade agreements, and pursuing trade negotiations especially with African countries, are among the measures the Ministry of Foreign Trade has taken to limit trade deficit, said Tuesday, Morocco's Minister Mustapha Mechahouri.
Morocco, Economics, 4/21/2005
Sharaf: Investments projects to be set up to raise railways assets
Egypt's Minister of Transport Essam Sharaf said President Hosni Mubarak had issued a republican decree to dedicate about 190 million square meters nationwide to be used to set up investment projects in a bid to raise Egypt railways' assets.
Egypt, Economics, 4/21/2005
Bush calls for reduced U.S. dependence on foreign oil
US President George W. Bush urged the U.S. Congress to pass quickly an energy bill that is designed to reduce American dependence on oil imports and said the U.S. supply of energy "is not growing fast enough to meet the demands of our growing economy."
Regional-USA, Economics, 4/21/2005
Road accidents drop in Morocco first time in a decade, Minister
During the last ten years, road accidents increased at a yearly basis of 3pc, causing enormous economic losses. They cost Morocco annually over 1 billion Euro, that is 2.5 percent of the GDP.
Morocco, Economics, 4/21/2005
U.S. research targets hydrogen fuel cells, infrastructure
The 35th anniversary of Earth Day, April 22, represents a growing global commitment to a cleaner environment and to replacing finite stores of coal, oil and natural gas with renewable energy sources. One of the most challenging and potentially promising of these renewable resources is hydrogen.
Regional-USA, Economics, 4/21/2005
Boosting and Inspiring Dynamic Youth Achievement: A new beginning for Syria's entrepreneurs
In the presence of Syria's First Lady, Asma al-Assad, a celebration was held in Damascus on Monday evening on honoring ten young Syrian entrepreneurs, marking for progress they made in the project under the title Boosting and Inspiring Dynamic Youth Achievement (BIDAYA).
Syria, Economics, 4/20/2005
Cabinet ratifies bills to develop banking work in Syria
The Syrian cabinet on Tuesday ratified a number of bills to develop the banking system horizons in Syria.
Syria, Economics, 4/20/2005
Moroccan economic growth 'insufficient' for job opportunities, WB official
The economic growth rate in Morocco, which is situated at 4%, and the structural reforms the country carries out are "insufficient" to create new job opportunities, said here Tuesday the World Bank Chief Economist for the Middle East and North Africa Region.
Morocco, Economics, 4/20/2005
Morocco's GDP 'under-evaluated', official
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