Arabic News Weekly Edition for Economics, 9/8/1997
Weekly Edition, Economics - Week of September 8, 1997
- Palestinians file complaint against Israel with ITO
The Palestinian Authority (PA) will submit economic files, documents and precise statistics to the ITO and the EC to prove Israel's continuing violations of the international trade principles Palestine, Economics, 9/13/1997 - Tunis chosen as African trade union capital
This step came during the International Workers Forum (IWF) which took place in the Tunisian capital last few days. Tunisia, Economics, 9/13/1997 - Saudis consider establishing a private domestic airline
Head of the Saudi Council of the Chamber of Industry and Commerce stated that he supports the establishment of private airlines operating domestic flights within the kingdom. Saudi Arabia, Business, 9/13/1997 - Dubai gold market & India's main festival.
India's gold imports usually rise during it's main festival and wedding season which begins in September. United Arab Emirates, Business, 9/13/1997 - Bahrain: Great Interest in Gold
With the encouragement of the International Council of Gold, Bahrain decided to launch a promotional campaign strengthen its stance in the international gold market Bahrain, Business, 9/12/1997 - Foreign currency savings in Morocco improve
enough to pay for importing the commodities and the different services for 6 months. Morocco, Economics, 9/11/1997 - 7% growth rate in Tunisia last year
This growth was a result of the strong performance of the agricultural sector and the improvements in the revenue from the tourist sector. Tunisia, Economics, 9/11/1997 - The meeting of the central banks governor's council
This 21st meeting of the council is expected to discuss the unified economic report of 1997, as well as the recommendations of the sixth meeting of the banking supervisory committee. Lebanon, Economics, 9/11/1997 - Tourism revenues reach 3 billion dollar US dollars
New projects include 10 giant tourist centers on an area of 640 million square meters with an estimated two billion Egyptian pounds. Egypt, Business, 9/11/1997 - Egyptian banks participate in the Implementation Program of Financing Arab Trade
To benefit from this program, the commercial transactions must deal with Arab commodities exported from an Arab to another Arab country. Regional, Business, 9/10/1997 - Iraq invites Lebanese minister to Baghdad exhibition
Hiali and Salem met to discuss bilateral economic relations between the two countries, which the Iraqi engineer said are important, "especially since the Iraqi market is considered a natural market for Lebanese industrial products." Iraq-Lebanon, Economics, 9/10/1997 - Ministry urges overstayers to leave
A source at the Saudi Ministry of Interior has urged all overstayers and those who work with employers other than their sponsors in a violation of the residence rules to leave the country soon. Saudi Arabia, Economics, 9/9/1997 - Tunisia ratifies the new five-year plan
The government focused on the private sector, fingering it to play a prominent role in the current plan. Tunisia, Economics, 9/9/1997 - Moroccan Central Bank achieves positive results in 1996
Economic and financial sectors improved last year as the internal fluctuations were reduced, the foreign currency savings increased, and inflation rates dropped. Morocco, Economics, 9/9/1997 - Arab countries discuss ways of overcoming deficits in trade balances
The conference will tackle the issue of deficits in Arab budgets and means of supporting Arab joint projects. Regional, Economics, 9/9/1997 - Iraq wants time limit on oil-for-food deal
The Iraqi foreign minister appealed to the UN yesterday to set a six-month time limit for the arrival of humanitarian goods sent to Iraq under oil-for-food deal. Iraq, Economics, 9/9/1997 - Bahrain prime minister to talk economics with Egypt
Bahrain Prime Minister Sheikh Khalifa bin Salman al Khalifa will be paying a four day state visit to Egypt, the main object of his visit is economic. Bahrain, Economics, 9/9/1997 - Kuwait-Assyut direct flights
This will be the first international flight the Assyut airport receives. Egypt, Business, 9/9/1997 - Iraq got 10% of medicine deal
Iraq also received only 1.8 million tons of food out of the contracted 2.2 million. Iraq, Economics, 9/9/1997 - Libyan ties with Egypt promoted
In an attempt to further promote ties between Egypt and Libya, the joint Egyptian-Libyan economic committee will hold a meeting by October. Libya-Egypt, Economics, 9/9/1997 - On again off again, Doha economic conference on schedule finaly
Saudi Arabia, the United Arab Emirates and the Palestinian Authority have stated recently that they would boycott the conference. Regional, Economics, 9/9/1997 - Egypt participates in Baghdad exhibition for the first time
Ambassador Sherif Reman stated that companies from the private and public sectors will participate with their products, including food, medicine, and medical supplies. Egypt, Economics, 9/8/1997 - Palestinian losses due to Israeli blockade at $2.55 billion
Losses are increasing even as Israel maintains a current closure of the self-rule areas. Palestine, Economics, 9/8/1997 - Jordanian-Palestinian transactions decrease because of Israeli obstacles
The volume of external trade between Jordan and the Palestinian Authority reached 50 million dinars during the first half of the current year. Jordan-Palestine, Economics, 9/8/1997 - A dvelopment plan starting after the year 2000
Kuwait has started to prepare a long-term development plan for the period between 2000-2025. Kuwait, Economics, 9/8/1997 - $3.5 million surplus in UAE trade balance
A specialized study found that the UAE will keep its trade balance in its favor. United Arab Emirates, Economics, 9/8/1997 - Egyptian delegation participates in World Bank, International Monetary Fund meetings
The meetings of the WB and the IMF will be attended by 14 thousand government officials, directors of funds, bankers from all over the world. Egypt, Economics, 9/8/1997 - Egyptian prime minister to inaugurate international economic conference
The conference will be attended by 450 investors from Egypt and various Arab and foreign countries. Egypt, Economics, 9/8/1997 - Tunisia, Egypt and talks of trade zone
A high-level Tunisian economic delegation will arrive Cairo in mid-October to complete negotiations with Egyptian officials on establishing a free trade zone. Tunisia-Egypt, Economics, 9/8/1997 - Kuwait denied new income tax bill
Kuwaiti officials from the Ministry of Finance denied that a new income tax draft bill might have been submitted to parliament. Kuwait, Economics, 9/8/1997