Arabic News Weekly Edition for Economics, 2/9/1998
Weekly Edition, Economics - Week of February 9, 1998
- Libya cancels all taxes, customs fees on Arab goods
An official in the economic department in the Arab League said that Libya informed the AL general trusteeship that it has decided to lift all taxes and customs duties from 100% of Arabian goods. Libya, Economics, 2/14/1998 - Abu Dhabi grants Egypt loan from Fund
The fund of the Arab trade finance program in Abu Dhabi has given Egypt a loan of US $20 million to finance business operations with other Arab states. Egypt, Economics, 2/13/1998 - Qatar joins to help housing sector in Palestine
The Palestinian ministry of housing has decided to allocate some US $350 million dollars for housing projects during the 1998-2000 period, said Marwan Abdul Hamid, Assistant Deputy Minister of Housing. Palestine, Economics, 2/13/1998 - Kuwait - savings Kuwait, Economics, 2/12/1998
- Palestine / Israel - work Palestine-Israel, Economics, 2/12/1998
- Delegation from the Egyptian Industries Union visits Iran
The visit aims at discovering an Iranian market, becoming acquainted with Iran industry men and discussing the investment atmosphere in Egypt, especially after improving Egyptian - Iranian relations. Egypt-Iran, Business, 2/12/1998 - French oil company to increase production in Qatar
The French minister of industry said on Tuesday that the French oil and gas company Elf Aquitaine working in Qatar proposed to increase its oil production in Qatar to 80,000 barrels from 30,000 barrels per day. Qatar, Business, 2/11/1998 - Prince Walid's visit opens door for investments in Palestine
Palestinian sources said the Saudi prince, who runs a network of successful businesses and investments worldwide, had promised to pour more investments into Palestinian areas and into Jerusalem "in order to augment the Palestinian Arab identity of the Holy City." Palestine-Saudi Arabia, Business, 2/11/1998 - EU plans $160 aid package to Lebanon
The European Union is planning a $160 million aid package to Lebanon this year, to be used in the fields of environment protection, administrative reform and development projects. Lebanon, Economics, 2/11/1998 - Egyptian Commercial Bureau in Baghdad looks for Iraqi ministries' needs
The Egyptian Commercial Bureau in Baghdad has begun communications with Iraqi officials in various ministries to get acquainted with these ministries' requirements for goods. Egypt-Iraq, Economics, 2/11/1998 - Ethiopia can fulfill water needs without affecting Egypt
Egypt has received new Ethiopian promises not to affect Egypt's share of water from the Nile and to respect the agreement signed by the two countries in 1993. Egypt, Economics, 2/11/1998 - Iraqi-Jordanian trade agreements worth $255 million
Jordanian ministers and concerned parties are continuing their efforts to draft a detailed Iraqi-Jordanian 1998 trade protocol. It is expected to be worth $255 million, the same as the 1997 protocol Jordan-Iraq, Economics, 2/10/1998 - Spanish company signs contract to distribute water, electricity in Morocco
The company was able, in cooperation with the Portuguese Blaidi company and the Moroccan company El-Boudada, to win a contract to distribute electricity, filtered water and health services in Rabat for 30 years. Morocco, Business, 2/10/1998 - Syrian-Lebanese cooperation a start for common Arab market Lebanon-Syria, Economics, 2/10/1998
- Organization of Arab Labor calls for Arab labor charter
The Arab Labor Organization will report on globalization and its social effects as well as the importance of implementing a methodical policy for Arab technical cooperation. Regional, Economics, 2/10/1998 - Egyptian - Indian commerce
The Commercial Chambers Union discusses the signing of a commercial and economic participation agreement between Egypt and India in technology and industrial investment. Egypt, Economics, 2/10/1998 - New agreement between Saudi Arabia and Spain
Saudi Arabia and Spain signed a joint commercial cooperation agreement to enhance and increase commerce between the two countries and examine expanding railways in Saudi Arabia to service new cities. Saudi Arabia, Economics, 2/10/1998 - Jordanian minister inspects port
Jordanian Minister of Energy and Mineral Resources Mohammad Saleh al-Hourani yesterday inspected Aqaba port, the only Jordanian port on Aqaba Gulf, to verify its ability to receive tankers during emergencies. Jordan, Economics, 2/10/1998 - Israel ratifies agreement with Jordan, US
Israel's government ratified an agreement allowing for the joint goods produced in ah-Hassan Industrial City in Irbid, Jordan to enter American markets free of taxation. Jordan-Israel, Economics, 2/10/1998 - Lebanon, Syria sign unprecedented trade agreement
Lebanon and Syria on Saturday signed an unprecedented trade agreement to scrap customs duties on national products, in what Syrian officials said they hoped would be the first step towards a common Arab market. Lebanon-Syria, Economics, 2/9/1998 - 3000 journalists descend on Morocco for General Motors conference
The American General Motors group started its international conference which is last for five weeks in Morocco, and during which the company will discuss its next international strategy. Regional, Business, 2/9/1998 - Joint bank established between Egypt and Argentina to finance exports
Dr. Ahmed El-Goweili, the Egyptian minister of commerce and supply, said Egypt has agreed with Argentina to establish a joint bank to finance exports between the two countries. Egypt, Economics, 2/9/1998 - Israel, Jordan cooperate on aviation Jordan-Israel, Business, 2/9/1998