Arabic News Daily Page for 12/26/1997
Daily Edition - Friday, December 26, 1997
- Russian economy minister to visit Cairo
It will also tackle establishing a free commercial zone between the two countries and forming a council for Egyptian - Russian businessmen. Egypt, Economics, 12/26/1997 - New Israeli-Turkish arms deals
The Turkish Daily News on Thursday said that Turkey will sell 50 armored vehicles for border monitoring to Israel at a cost of US $10 million. Turkey-Israel, Military, 12/26/1997 - New Moroccan parliament opens today
The king's speech is expected to include entrusting the Prime Ministry to a politician who will be authorized to form the expected new government during January. Morocco, Politics, 12/26/1997 - Damascus refuses to renegotiate without conditions
Damascus refused Israeli Foreign Minister David Levi's suggestion of renegotiating without preconditions. Syria-Israel, Politics, 12/26/1997 - Moussa: Iran's involvement in Luxor incident groundless
Egyptian Foreign Minister Amr Moussa on Thursday refuted claims raised by Israel on Iran's involvement in the terrorist attack that occurred in Luxor last November. Egypt, Politics, 12/26/1997 - Moroccan debts to Spain will be used as investments
Spain agreed to transfer Moroccan debts worth $40 million to local investments. Spain had also transferred Moroccan debts worth $50 million into investments in Morocco's northern region. Morocco, Economics, 12/26/1997 - Chinese power generation project in Yemen worth $3 billion
In addition to this project, the Chinese company will also implement another industrial project to produce aluminum. Yemen, Economics, 12/26/1997 - Labor Party official warns of great danger
A member of the Israeli opposition Labor party stated that he is afraid the situation might explode at any moment if Israel and the Palestinian Authority refused to continue the last phase of negotiations. Israel, Politics, 12/26/1997 - World Tourism Organization in Cairo
Minister of Tourism Mamdouh Beltagi stressed that the tourism industry is of paramount international importance not only because of the hard currency it generates but also because of the thousands of jobs it creates. Egypt, Economics, 12/26/1997