Arabic News Daily Page for 1/5/1998
Daily Edition - Monday, January 5, 1998
- Municipal elections to be held in spring
Elections in the occupied zone would be held six months after the withdrawal of Israeli troops from the zone, which Israel has occupied since 1985. Lebanon, Politics, 1/5/1998 - Saudi 1998 budget up $3.73 billion from last year
The budget deficit is expected to be $4.8 billion, the same as last year and which will be covered by issuing development bonds through the national banks with the authorization of the Ministry of Finance. Saudi Arabia, Economics, 1/5/1998 - Promising potentialities for UAE natural gas
Gas production of the UAE is currently at 27.5 billion cubic meters per year while the gas reserves are about 5831 billion cubic meters, representing 4% of international gas reserves. United Arab Emirates, Economics, 1/5/1998 - 15 Moroccan sailors missing after ship sinks
Official Moroccan sources in Rabat said that salvage operations are continuing for the fishing ship "Azkany" which sank off the Atlantic coast by the Saharan provinces on January 1. Morocco, Local, 1/5/1998 - Amnesty law goes into effect, former MP released
Yehya Shamas, who represented eastern Lebanon's Baalbek town in parliament, was freed Wednesday night after serving three years of the seven year sentence handed to him in June 1996. Lebanon, Local, 1/5/1998 - Egyptian export volume increased
Egyptian exports to Asian countries increased by about 38.8% while exports to the South American countries increased by about 93% compared to last year's figures. Egypt, Economics, 1/5/1998 - Mubarak confers with Schultz, Graham
Egyptian President Hosni Mubarak on Sunday received US former Secretary of State George Schultz, currently visiting Egypt. President Mubarak also received a member of the intelligence committee at the US Senate, Bob Graham. Egypt, Politics, 1/5/1998 - Former Iranian President to visit Saudi Arabia
Iran's ambassador to the Organization of the Islamic Conference, Sabah Zanka, on Sunday said that former Iranian President Akbar Hashami Rafsanjani will visit Saudi Arabia after Eid al-Fitr. Saudi Arabia-Iran, Politics, 1/5/1998 - Iran not divided on ties with US, Khaminei says
In Friday's sermon, Iran's "spiritual leader" Ayatollah Ali Khaminei denied news that Tehran is taking any steps toward rapprochement with Washington, and insisted that there is unity between the top leadership. Iran, Politics, 1/5/1998 - Egypt rejects ME market plan 1/5/1998
- Iraq condemns American - Israeli - Turkish maneuvers Iraq, Politics, 1/5/1998
- Palestinian Legislative Council member: Collapse of peace process means chaos
A member of the Palestinian Legislative Council who is also a member of the Palestinian negotiating committee, Nabil Amr, stated that if the peace process collapses, the alternative will be chaos Palestine, Politics, 1/5/1998