Arabic News Weekly Edition for Economics, 2/23/1998
Weekly Edition, Economics - Week of February 23, 1998
- Arab Union of Banks calls for improved performance
Throughout its three-day session, the symposium discussed factors affecting credit classifications at the financial and administrative levels in the banks. Regional, Economics, 2/28/1998 - German ambassador in Cairo to inaugurate projects financed by Germany
The German government contributed $5.88 million to this project, as well as technical support from the German agency for technical cooperation. Egypt, Economics, 2/28/1998 - Israel refusing to ease economic pressures
Qaq said that the continuation of this situation will lead to excluding a great number of economic projects and restricting investment opportunities. Palestine, Economics, 2/28/1998 - An emirate compaign to support Iraq United Arab Emirates-Iraq, Economics, 2/28/1998
- Morocco to increase number of telephone lines
The Moroccan bureau of communications confirmed that its investments in the coming two years will include establishing 900,000 new telephone lines and 170,000 satellite telephone lines in addition to connecting 1,200 villages. Morocco, Business, 2/27/1998 - Mobile phones coming to Tunisia as costs drop
The Tunisian communications corporation recently reduced the cost of telephone calls by amounts varying from 10% to 50%. Tunisia, Business, 2/27/1998 - Increasing concrete production in Yemen
The Yemeni Ministry of Industry plans to increase Yemeni concrete production to 3 million tons annually by raising the production of the three main factories in the country and adding two other new factories. Yemen, Business, 2/27/1998 - Hariri meetings Lebanon, Economics, 2/27/1998
- Iraq has not received spare parts for pipeline maintenance Iraq, Economics, 2/27/1998
- Egypt and Palestine begin new commercial agreement in March
The first session of the high committee between Egypt and Palestine will convene in Gaza in March under the leadership of Egyptian Foreign Minister Amr Moussa and the general secretary of the executive committee of the PLO, Mohamoud Abass. Egypt-Palestine, Economics, 2/27/1998 - 100 electrical transformers arrived into the Kurdish area Iraq, Economics, 2/27/1998
- Algerian market's capital still flowing
The Bahrain-based Arab Banking Corporation and the Algerian government signed an agreement aiming to establish a local branch for the corporation in the form of an independent bank with a value of $20 million. Algeria, Economics, 2/26/1998 - Exhibition of Saudi industries in Sanaa
Engineer Fahed Al-Salmi, assistant to the council's secretary-general, said this exhibition will have positive effects enhancing commercial exchange between Saudi Arabia and Yemen, in addition to creating a new base for joint interests between the two countries. Saudi Arabia-Yemen, Economics, 2/26/1998 - Palestine electricity station to open next month
The Palestinian government will open next month a 110 MW electrical station, the first in Palestine, at a cost of $200 million to serve the Gaza Strip. Palestine, Economics, 2/26/1998 - Meetings of Arab executive labor council to convene tomorrow
The meetings of the Arab Laborers Union's executive council will be held in Luxor on Friday, to discuss labor and unions' freedom in Arab states. Regional-Egypt, Economics, 2/26/1998 - Egypt's conference: The promising market in Dubai
The Discover Egypt exhibition will give visitors a chance to see high-quality Egyptian products and services offered by 200 companies seeking partners for joint investment. Egypt-United Arab Emirates, Economics, 2/26/1998 - Algerian treasury reserves record US $8.5 billion Algeria, Economics, 2/26/1998
- 20,000 new job vacancies for university graduates in Morocco Morocco, Economics, 2/26/1998
- Cooperation between Tunisia, World Bank reviewed Tunisia, Economics, 2/26/1998
- An agreement for petroleum drilling
An agreement for exploring and drilling was signed between the Bahraini government represented by Bahrain's national petroleum company, Betoko, and the intentional company Chevron. Bahrain, Business, 2/26/1998 - Moroccan company purchases two ships from Spain for $30 million
Economic sources in Morocco have confirmed that the Moroccan company for commercial navigation has purchased two cargo ships from Spain to modernize its commercial fleet and to increase services to European harbors. Morocco, Business, 2/25/1998 - Rafsanjani - oil prices Iran-Saudi Arabia, Economics, 2/25/1998
- Yemen will join the international commercial organization
The Yemeni government has started procedures to improve its economic condition before joining the international commercial organization (GATT) governmental experts said. Yemen, Economics, 2/25/1998 - Samsung wins US $200 million contract in Egypt Egypt, Business, 2/25/1998
- Gulf countries postpone exceptional meeting of oil ministers
Ministers of oil in Gulf Cooperation Council countries postponed an exceptional meeting which was to discuss the recent slide in oil prices. Gulf, Economics, 2/24/1998 - Economic cooperation between Sudan and China
Sudan and China signed an agreement for economic cooperation yesterday, meanwhile the Sudanese capital is witnessing intensive diplomatic efforts aimed at enhancing Khartoum's foreign relations in general. Sudan, Economics, 2/24/1998 - Unemployment in Jordan Jordan, Economics, 2/24/1998
- Algeria, Turkey transport cooperation booming Algeria-Turkey, Economics, 2/24/1998
- Bilateral issues and oil prices discussed by King Fahd and Rafsanjani
In remarks on talks to improve relations between their countries, Saudi Arabia's King Fahd Bin Abdul Aziz and former Iranian President Hashami Rafsanjani on Saturday said they discussed regional and bilateral issues. Saudi Arabia-Iran, Economics, 2/24/1998 - Yemeni delegation to visit Russia
An economic delegation from the Yemeni government will be headed to Moscow on the February 25 to hold negotiations concerning settling debts and negotiating a bilateral agreement. Yemen, Economics, 2/23/1998 - US - Saudi business council meeting delayed
The US - Saudi - business council decided to delay its fourth meeting which was planned for March 14 in Riyadh until the coming autumn. Saudi Arabia, Economics, 2/23/1998 - New gas deal to serve Dubai
The United Arab Emirates has secured a long term supply of gas from Abu Dhabi to Dubai. United Arab Emirates, Economics, 2/23/1998 - Moroccan government settles the issue of Garada Mines laborers
Rabat is currently negotiating a settlement for laborers in a mine the government decided to close. Morocco, Economics, 2/23/1998