Arabic News Weekly Edition for Economics, 3/30/1998
Weekly Edition, Economics - Week of March 30, 1998
- Religious leaders in Egypt organize donations to Iraqi children
The Sheikh of Al-Azhar, Mohammed Sayed Tantawi, together with Pope Shenouda, the Patriarch of the Coptic church, approved of sponsoring medical and food aid for Iraqi children. Egypt-Iraq, Economics, 4/3/1998 - Jordan gets UNDP envirnmental program grant
It is a very excellent opportunity for smaller organizations in Jordan who do not normally get access to external funding to get work to have a confidence to do things at the local level Jordan-UN, Economics, 4/3/1998 - Aqaba port gets little benefit from Iraq's oil-for-food accord
Officials at the port, Jordan's sole outlet on the Red Sea, said the volume of commodities transmitted through Aqaba during 1997 reached 12.3 million tons, thereby recording small increase estimated at 2.5% over the figures of 1996 Jordan, Economics, 4/3/1998 - Libya: $5 billion loss as a result of UN sanctions
In an official report, the committee said production lines came to a halt in many factories due to shortages in necessary raw materials, adding that production costs increased and several factories in Libya stopped production because of the difficulty to get letters of credit from foreign banks. Libya-UN, Economics, 4/3/1998 - New aviation line established between Cairo and Rabat Egypt-Morocco, Economics, 4/3/1998
- Tunis erects Largest dairy factory in Africa Tunisia, Business, 4/3/1998
- Jordan signs two economic agreements and a memorandum
An agreement was signed yesterday between Jordan and Italy to reschedule the repayment of 1.6 million Italian Lira and $14.1 million. The rescheduling agreement came in implementation of an agreement signed last year between Jordan and members of Paris Club. Jordan, Economics, 4/2/1998 - Qatar - budget Qatar, Economics, 4/2/1998
- Iraq leverages the few options it has in foreign relations
Saleh expected Iraq to be permitted to buy more than $3 billion worth of medicines and foodstuffs that have been approved for purchase according to the fourth phase of the oil-for-food accord. Iraq-Regional, Economics, 4/1/1998 - Syrian-Saudi committee meets on cooperation
Omran said the whole world is proceeding towards the creation of economic blocs whose forms and dimensions are designed in a way that serves the developed countries, noting that Arab countries possess means of defending their interests through economic cooperation. Saudi Arabia-Syria, Economics, 4/1/1998 - UAE trade team visits Muscat Securities Market
During the meeting, views were exchanged on strengthening economic and commercial ties between the two states. the UAE delegation was briefed on the MSM's activities since it was established in 1989 and the Sultanate's experience in this field. United Arab Emirates-Oman, Business, 4/1/1998 - Jordan exempts Israel from water fees
The Jordanian government has exempted the Israeli water company in charge of pumping water to Jordan from bills, fees and stamps estimated at 513,000 Jordanian dinars, according to the Israeli-Jordanian water agreement. Jordan-Israel, Economics, 4/1/1998 - Cooperation talks between Egypt and Oman Egypt-Oman, Business, 4/1/1998
- Lebanon teacher strike Lebanon, Economics, 4/1/1998
- Iraq - oil-for-food Iraq-UN, Economics, 4/1/1998
- UAE purchases 40% of Sri Lanka airlines United Arab Emirates-Sri Lanka, Business, 4/1/1998
- Report: Frozen Iraqi funds released by European country
The head of the Iraq Central Bank told El-Mosour El-Arab newspaper that these funds should be used to import foodstuffs to Iraq, which has suffered under sanctions maintainted against it for seven years. Iraq, Economics, 3/31/1998 - Yemen faced trade defecit in 1997
Data issued by the central department of statistics in Yemen said that the total exports in Yemen in 1997 have reached $1.8 billion, while the imports were valued at $2.2 billion. Yemen-Regional, Economics, 3/31/1998 - Bahrain commerce minister arrives in Kuwait Bahrain-Kuwait, Economics, 3/31/1998
- Development rate in Egypt could reach 7% by the year 2000 Egypt, Economics, 3/31/1998
- Five Egyptian exhibitions in the Arab countries Egypt, Economics, 3/31/1998
- Establishing a Saudi - Egyptian insurance company
Yousef Butros Ghali, the Egyptian minister of economy, held yesterday a party to celebrate the signing of an agreement establishing the Saudi - Egyptian insurance company, whose capital is about 10 million Saudi riyals. Egypt-Saudi Arabia, Business, 3/31/1998 - Saudi billionaire raises shares in Planet Hollywood Saudi Arabia, Business, 3/31/1998
- Iraq threatens to reduce wheat imports from Australia Iraq-Australia, Economics, 3/31/1998
- Arab joint market to see light in 2008
Ambassador Said Kamal, the assistant secretary general of the the Arab League, said that the Arab joint market will see light in the year 2008, within the timing currently planned by the Arab League to achieve its goal. Regional, Economics, 3/30/1998 - Egyptian businessmen abroad participate in investment conference
In Cairo, the work of the 6th conference for Egyptian businessmen abroad will start today. The conference will be held under the sponsorship of Prime Minister Kamal El-Ganzouri and will be organized by the General Assembly for Investment in Egypt. Egypt, Economics, 3/30/1998 - Syria, UNDP sign Agriculture accord
The agreement was signed by the Syrian state minister for planning and the UNDP's resident representative in Damascus. The project aims at strengthening efforts exerted to improve social and living conditions for peasants in the al-Hoss area. Syria-UN, Economics, 3/30/1998