Today's Headlines
- Saudi Arabia says convening Arab summit requires good preparations for success
Prince Sultan Bin Abdul Aziz, Saudi Arabia's second deputy prime minister and minister of defense and aviation denied that Riyadh is hesitant toward attending an Arab summit. Saudi Arabia, Politics, 1/2/1999
- Tariq Aziz accuses Crown Prince Hassan of intervening in Iraq's affairs Iraq-Jordan, Politics, 1/2/1999
- Kuwait calls for final solution to Iraqi problem before it will attend a summit
Kuwait's permanent delegate at the Arab League told ArabicNews.com that he informed Arab League Secretary General Esmat Abdul Meguid of his country's refusal to participate in any Arab summit attended by the Iraqi government. Kuwait-Iraq, Politics, 1/2/1999
- Iraqi ambassador accuses US of annihilating his people
The Iraqi permanent deputy at the Arab League, Sultan El-Shawi, stated that what the United States and Britain have done to Iraq is organized annihilation and not random. Iraq, Politics, 1/2/1999
- Chinese foreign minister is to visit Egypt on Monday Egypt-China, Politics, 1/2/1999
- Morocco welcomes new year with blessed rainfalls
Morocco welcomed the new year with blessed rains raising new hopes of a good agricultural season after the delay observed in rainfalls. Morocco, Economics, 1/2/1999
- Somali opposition factions oppose Cairo agreement
Leader of the Somali breakaway region of Puntland, Col. Abdallah Youssef Ahmed, stated his country's opposition to the Cairo reconciliation agreement. After his meeting with Arab League Secretary-General Esmat Abdul Meguid, Abdallah Youssef said the Cairo agreement was not proceeding naturally and it has proved to be a failure. Somalia, Politics, 1/2/1999
- French tourists flock to Egypt as tourism sector revitalizes Egypt, Economics, 1/2/1999
- Yemeni prime minister sends a communique to his British counterpart
Referring to an incident earlier this week in which four kidnapping victims were killed and 12 freed during a Yemeni rescue operation, Yemeni Prime Minister Abdul Karim al-Iryani said that the western hostages would have been killed by their extremist kidnappers unless the security bodies had quickly interfered to rescue them. Yemen, Politics, 1/2/1999
- Morocco's former resistance members condemn US-British strikes against Iraq
The Former Members of Morocco's Resistance and Liberation Army have strongly condemned the US-British Strikes against Iraq and called Arab and Islamic countries to act for the lifting of the unfair embargo imposed on Iraqi people. Morocco-Iraq, Politics, 1/2/1999
- GCC's development's strategy
The Gulf Cooperation Council's supreme council in its 19th session in Abu Dhabi recently approved a draft of the unified strategy for industrial development in the GCC states, following recommendations by the GCC foreign minister council's 69th session. Gulf, Economics, 1/2/1999
- Agreements air transportation between Egypt, Senegal and Croatia Egypt, Business, 1/2/1999
- Investments increase between Egypt and India in software and industrial field
Egyptian Minister of Trade and Supply Ahmed Goweili announced that, during the meeting of the Egyptian - Indian works' council, the two countries agreed on enhancing mutual investments between the two countries. Egypt-India, Economics, 1/2/1999
- French insurance group sells its subsidiaries in Morocco for 2 billion
French Insurance Group CAN has sold its two Moroccan subsidiaries -- Al-Wataniya and Alliance Africaine-- for two billion French Francs. Morocco-France, Business, 1/2/1999
- Egypt denies talks with Israel to export natural gas
Egyptian Minister of Petroleum Hamdi El-Banbi denied that there are any negotiations with Israel with either the Egyptian electricity and petroleum departments on buying natural gas. Egypt, Economics, 1/2/1999
- A lecture on German Kaiser's visit to Syria in 1898
Damascene people have recently commemorated the centenary of the visit paid by the German Kaiser Wilhelm II to Damascus in 1898. At the invitation of the Damascus Friends Society, Dr. George Jabbour made a lecture at the German Cultural Center on the same day Wilhelm II made his speech which was known at the time as the Damascus Declaration. Syria-Regional-Germany, History, 1/2/1999
- Moroccan fish get a two months break for some rest
The observance of this biologic rest is provided for in the four-year fisheries accord concluded between Morocco and the EU in 1996. The move allows fish species to reproduce and aims to protect Morocco's sea resources. Morocco, Economics, 1/2/1999
Short Takes
- Morocco has set up a $ 2.7 billion priority program to promote the socio-economic development process in its northern regions. Go
- Employment promotion and improvement of living standards depend on the intensification of investments which are expected to reach 25 percent of the GDP in 2003, the Moroccan economy and finance minister said. Go
- King Hassan II has received a congratulation message from various President Liamine Zeroual of Algeria on the occasion of the New Year. Go
- A Dutch National was arrested lately in Morocco with 17 kg of cannabis concealed in his Audi-80 car. Go
- The Egyptian Ahli Bank is currently studying establishing the first guaranteed investment fund in Egypt in association with the international Tojari company for investment, one of the international commercial bank's companies in Egypt. Mohamoud Abd El-Aziz, the manager of the board of directors of the Ahli Bank told ArabicNews.com that the capital of this fund is to be 300 million Egyptian pounds and that the insurance fund for workers at the bank will participate in the fund with 50%, while the Togari company will participate with the remaining percentage with another group of financial and investment foundations. Go
- A Canadian commercial delegation will visit Cairo at the end of February to participate in the Cairo International Market as well as to discuss the investment opportunities available in Egypt and establish joint projects through the program of the Canadian Agency for International Development in Cairo. Sources in the agency's bureau told ArabicNews.com that the agency will promote investment opportunities in Toshka, Sinai and the new Egyptian industrial zones among the different business sectors and the Canadian companies that contribute to establishing joint investment projects. Go
- Official Algerian political sources stated that a meeting took place between Abdul Aziz Boutaflika and leaders in the Democratic National Assembly party -- one of the biggest Algerian parties -- to obtain the party's support for his candidacy in the early presidential elections to be held in Algeria. Go
- Egyptian Minister of Higher Education and Scientific Research Mofid Shehab announced that Egyptian textile factories are currently set up to face international competition as this sector represents about 25% of Egyptian exports and employs about one million workers, with investments valued at $8.3 billion. Go
- The Swedish company Ericson working in the field of wire and wireless communications has won a $ 13.6 contract for upgrading the phone network in Damascus. Go
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