Arabic News Weekly Edition for Economics, 5/25/1998
Weekly Edition, Economics - Week of May 25, 1998
- Saudi Arabia signs service contract for Internet consultation
Dr. Saleh El-Adl, head of King Abdul Aziz City for Science and Technology, signed with Dr. Brenda Yeznelanz, general manager of the German Agency for Technology a contract for consultative services for establishing an Internet in Saudi Arabia. Saudi Arabia, Business, 5/30/1998 - Egyptian products fair in Baghdad next month
The Egyptian ministers of trade and industry, Ahmed Goweili and Soliman Reda, will inaugurate a week-long fair for Egyptian products that will be held in Baghdad starting on June 16. Egypt-Iraq, Economics, 5/30/1998 - Libya, Chad for boosting bilateral relations
Talks dealt with means of implementing cooperation and integration programs between the two countries in the fields of electricity, industrial and agricultural investment, education and communications. Libya-Chad, Economics, 5/30/1998 - Oman revenues Oman, Economics, 5/30/1998
- UAE - Iran flights United Arab Emirates-Iran, Economics, 5/30/1998
- Iraq - oil-for-food Iraq-UN, Economics, 5/30/1998
- Plan to reform 75 companies in Egypt Egypt, Business, 5/30/1998
- Egyptian government sells bank to the private sector Egypt, Business, 5/30/1998
- Egyptian goods exported to Palestinian areas Egypt-Palestine, Economics, 5/30/1998
- Comprehensive report on Palestinian economy
Despite all expectations, the growth in the national product of the Palestinian territories in 1997 did not exceed one percent whereas the population grew in the same year by 4.5 percent, causing more deterioration in the gross individual income of the Palestinians, a report said. Palestine, Economics, 5/29/1998 - $146 million increase in Egyptian exports
The monthly statistics of the Egyptian central bank, confirmed the increase in Egyptian exports from $1.239 billion in the last quarter of the last financial year to $1.385 billion in the first quarter of the current year, an increase of $146 million. Egypt, Economics, 5/29/1998 - Gulf states lose $7 billion in four months
The sources said that the decrease in petroleum incomes for the Gulf Cooperation Council's member states is due to a nearly $5 decrease in the average price of a barrel of crude oil. Gulf, Economics, 5/29/1998 - Mexican ambassador in Cairo expects increasing trade volume with Egypt
Hector Cardinas the Mexican ambassador in Cairo expected an increase in trade exchange between Egypt and Mexico from $24 million to $25 million. Egypt-Mexico, Economics, 5/29/1998 - A new radio-TV station in Amman started Jordan, Economics, 5/29/1998
- Beltagi: unprecedented jumps for Egyptian tourism with political leadership's support Egypt, Economics, 5/29/1998
- Oman -diversification Oman, Economics, 5/28/1998
- UAE - housing United Arab Emirates, Economics, 5/28/1998
- Saudi gold production Saudi Arabia, Business, 5/28/1998
- Characteristics of Arab renaissance projects discussed at Beirut conference
Lebanese Prime Minister Rafik Hariri is opening today the third conference held by the Arabic Center for Strategic Studies, with the supervision of former Yemeni President Ali Naser in cooperation with the United Nations and the general trusteeship of the Arab League to arrive at a joint perception concerning characteristics of Arab renaissance projects in the coming century. Regional, Economics, 5/28/1998 - U.S., Britain the most important commercial partners for Abu Dhabi United Arab Emirates-USA, Economics, 5/28/1998
- GCC's petroleum cooperation committee discusses petroleum market Gulf, Economics, 5/28/1998
- Israeli-Jordanian committee on Eilat -Aqaba accord Jordan-Israel, Economics, 5/28/1998
- Oman reduces budget deficit Oman, Economics, 5/28/1998
- Algeria, Spain sign oil accord Algeria-Spain, Economics, 5/28/1998
- British Airways to convene conference in Damascus
British Airways will hold its general conference for the Middle East and North Africa for 1998 in Damascus on Sunday, May 31 through June 3. It is the first time the company has held its conference in one of the region's countries. Syria-UK, Business, 5/28/1998 - Jordanian minister to review trade with Iraq
Jordan's Minister of Industry and Trade Hani Mulki left Amman for a two-day visit to Baghdad. He is to meet with the Iraqi ministers of industry and trade. Jordan-Iraq, Economics, 5/27/1998 - Company forms to produce cars in Arab states
A reliable source at the Egyptian Industries Union on Tuesday said that Egypt, Tunisia and Libya have established an investment company with a capital of US $600 million, with its top priority to produce a car in the Arab states. Regional, Business, 5/27/1998 - Oman - India fertilizer Oman-India, Business, 5/27/1998
- US State Department - UNRWA Palestine-USA, Economics, 5/27/1998
- Oman - Iraq Oman-Iraq, Business, 5/27/1998
- Palestinian authority's dues in Israel are about half billion dollar
A Palestinian official said that the Palestinian governments' dues of tax and customs revenues from Israel total more than half a billion dollars. Palestine-Israel, Economics, 5/27/1998 - U.S. adheres to economic cooperation with Egypt Egypt-USA, Economics, 5/27/1998
- GCC officials to attend GICO seminar Gulf, Economics, 5/27/1998
- Spanish Prime Minister to visit Egypt during June Egypt-Spain, Economics, 5/27/1998
- Kuwait political leadership to meet on coordinating stances Kuwait-Iran, Economics, 5/26/1998
- Saudi businessman highlights investment climate in Syria
Chairman of the board of the Saudi Holding Company, Prince Walid Bin Talal said on Monday that the climate for investment in Syria is "proper and encouraging," noting that the prospects are "promising" as well. Saudi Arabia-Syria, Business, 5/26/1998 - El-Watania investment company to sell shares
El-Watania company for investment, which is the second-largest economic group in Morocco, is presenting today for five days about 5.5% of its capital for sale to the public through the Casablanca stock market, commercial banks and collective employment companies. Morocco, Business, 5/26/1998 - GCC, US convene economic meeting in September Gulf-USA, Economics, 5/26/1998
- Syria, Iran sign two geology agreements
Two understanding notes for cooperation between Syria and Iran were signed on Monday at the Iranian Ministry of Minerals and Resources in Tehran. Syria-Iran, Economics, 5/26/1998 - INTERSPUTNIK meets in Damascus Regional-Syria, Economics, 5/26/1998
- Morocco repeats its opposition to renewing fishery agreement with Europe
Morocco's minister of marine fishery, El-Tohami EL-Khiari, said today that Morocco intends to intensify its control over the ships that fish in its waters. Morocco-European Union, Economics, 5/25/1998 - Deadbeat Arab states owe $140 million to Arab League
In press declarations on Friday from Sanaa, Yemen, Arab League Secretary-General Esmat Abdul Meguid confirmed that the Arab League is currently facing a severe financial crisis due to some Arab countries' objections over their share of the budget, while other countries refused absolutely to pay their shares. Regional, Economics, 5/25/1998 - Qatar Airways - Lufthansa Qatar, Business, 5/25/1998
- Lebanon housing Lebanon, Economics, 5/25/1998
- Egyptian domestic and foreign debts increase to LE 277 billion Egypt, Economics, 5/25/1998
- Economic discussions between Egypt and Spain on Wednesday Egypt-Spain, Economics, 5/25/1998
- Jordanian Cabinet endorses $5 million soft loan Jordan, Economics, 5/25/1998