Arabic News Weekly Edition for Economics, 8/10/1998
Weekly Edition, Economics - Week of August 10, 1998
- France and Italy team up to keep dumping charges against Egypt
The crisis between Egypt and the countries of the European Union escalated yesterday due to the threat of further dumping fees against Egyptian textile exports. Egypt-European Union, Economics, 8/15/1998 - Syria, Iraq boost bilateral trade relations
A correspondent for the Jordanian daily al-Doustour in Damascus, Fuad Humera, quoted well informed sources as saying that a Syrian trade delegation, led by chairman of the Syrian chambers of trade and industry, Rateb al-Shallah, will visit Baghdad within the coming days to open the first Syrian trade center in Baghdad. Syria-Iraq, Economics, 8/15/1998 - External trade improves in first three months
At the end of the first three months of 1998, indicators of Morocco's external trade showed a significant improvement at the levels of both exports and imports while private investments and loans slowed down in comparison with the same period last year. Morocco, Economics, 8/15/1998 - German aid to starved people in southern Sudan Sudan, Economics, 8/15/1998
- Delegation for promoting Egyptian products in Poland and Ukraine
The Egyptian Export Development Center is to send during the period of October 12 - 25 a delegation to Poland and Ukraine for promoting Egyptian products through cooperation and coordination with commercial bodies. Egypt-Poland, Economics, 8/15/1998 - Dollar down, pound sterling up in Cairo Egypt, Economics, 8/15/1998
- Marrakesh hosts next month Mediterranean Development Forum
Marrakesh will host next September 3-6 the Mediterranean Development Forum, which is co-sponsored by "Maroc 2020" association, the World Bank and 11 Mediterranean institutes. Regional, Economics, 8/15/1998 - Arab states to unify civil aviation regulations
The committee in charge of ensuring safety of Arab civil aviation on Thursday concluded its meetings. It called for laying the groundwork for unifying civil aviation regulations in the Arab states. Regional, Economics, 8/14/1998 - IDB delays decision on $1.5 billion in aid to Pakistan
The final decision on a $1.5 billion rescue package managed by the Saudi-based Islamic Development Bank (IDB) to sanctions-hit Pakistan has been delayed until early September, IDB said yesterday. Regional-Pakistan, Economics, 8/14/1998 - Bahrain - used car sales down Bahrain, Business, 8/14/1998
- Saudi oil cuts Saudi Arabia, Business, 8/14/1998
- Lebanon approves Syrian customs reduction Lebanon-Syria, Economics, 8/14/1998
- Egyptian - Libyan - Tunisian trade company founded Regional, Economics, 8/14/1998
- House of Representatives adopts 1998-99 appropriation bill
The house of Representatives adopted Wednesday Morocco's 1998-99 appropriation bill that was submitted end of June. Morocco, Economics, 8/13/1998 - Jordan asks Israel to facilitate its trade with the West Bank
Jordanian Minister of Trade and Industry Hani al-Mulki held talks in Tel Aviv on Wednesday with his Israeli counterpart, Natan Sheransky, on economic and trade issues between the two sides, especially eliminating obstacles hindering trade between Jordan and Palestine. Jordan-Palestine, Economics, 8/13/1998 - Attractiveness of Morocco's stock exchange highlighted
The weekly stressed that the Moroccan bourse has just launched a promotion program geared to market accessibility and transparency, adding that with the largest capitalization in Africa, reaching $148 billion Morocco-France, Business, 8/13/1998 - Bahrain - insurance fund Bahrain, Business, 8/13/1998
- Qatari group sponsors exhibition Qatar, Economics, 8/13/1998
- Bahrain hotels mareting pays off Bahrain-Gulf, Business, 8/13/1998
- Ben Ali ratifies plan to promote poor districts Tunisia, Economics, 8/13/1998
- Butros Ghali: 1.2 billion of investments last year, but Egypt needs more Egypt, Economics, 8/13/1998
- Differences deepen with European Union over potato exports Egypt-European Union, Economics, 8/13/1998
- UN sends relief to Sudan Sudan-UN, Economics, 8/12/1998
- Saudi businesses required to have Saudi employees Saudi Arabia, Business, 8/12/1998
- Tourists coming back to a favorite place, bringing 10 billion pounds
It is expected that the number of Arab and foreign tourists visiting Egypt this year will increase to reach 3.25 million, up 8.3% over last year. Egypt, Economics, 8/12/1998 - Oman - Israeli trade exchange
An official report issued in Oman on Tuesday said trade exchange between Oman and Israel was less than half a million dollars in 1997. Oman-Israel, Economics, 8/12/1998 - Arafat forms committee for donor countries project proposals Palestine, Economics, 8/12/1998
- Only one project for Israel in Egypt Egypt, Economics, 8/12/1998
- Libyan-Tunisian committee ends session Libya-Tunisia, Economics, 8/12/1998
- UNDP launches anti-poverty program in Mauritania
The United Nations Development Program and the Mauritanian government announced the launch of a $4.5 million program to support poverty control activities in the North African country. Mauritania-UN, Economics, 8/12/1998 - An Egyptian - Pakistani business council Egypt-Pakistan, Economics, 8/12/1998
- Islamic world eager to increase inter-trade to 13 percent
Chairman of the Islamic Development Bank (IDB) Mohammed Ali said Islamic Countries are eager to increase Inter-Trade from 10 percent to 13 percent within the coming three Years, Kuwaiti news agency "Kuna" reported. Regional, Economics, 8/11/1998 - Jordan strengthens ties with Israel despite opposition
Jordanian Minister of Trade and Industry Hani al-Mulki is to visit Israel tomorrow. He will discuss trade and economic cooperation between the two sides in the context of the Wadi Araba agreement. Jordan-Israel, Economics, 8/11/1998 - Jeddah harbor receiving giant container ship
Starting next Wednesday, Jeddah harbor will be receiving the ship Reaina Medisk which is considered among the biggest ships in the world for transporting containers with a capacity of 6,000 containers. Saudi Arabia, Business, 8/11/1998 - Oman - Yemen communications talks Oman-Yemen, Economics, 8/11/1998
- Bahrain flour company expansion Bahrain, Business, 8/11/1998
- Egyptian organization accuses Europe of obstructing Egyptian exports
The embassies of the European Union countries in Egypt, have received an official statement from the Egyptian Businessmen's Organization, clarifying the organization's attitude toward European trade practices with it. Egypt-European Union, Economics, 8/11/1998 - Syria allows Egyptian goods to cross through to its lands to Iraq
Syrian diplomatic sources said the Syrian authorities agreed to transporting Egyptian exports to Iraq through Syrian territory after the goods are shipped to a Syrian harbor. Syria-Egypt, Economics, 8/10/1998 - Europe adds obstacles before Egyptian Potatoes
A new crisis broke out between Egypt and the European Union around conditions for exporting potatoes. Egypt-European Union, Economics, 8/10/1998 - Egypt and China unite position toward dumping issue with EU
The meeting discussed the possibility of uniting the Egyptian and Chinese positions toward dumping issues and sanctions imposed by the European Union on the textile products for the two countries. Egypt-China, Economics, 8/10/1998 - Arab countries need $110 billion to produce electric energy up to 2015
The amounts required to be invested in the field of electric energy production in Arab countries during the coming seven years are assessed at about 50 billion dollars, according to a Lebanese weekly which referred to recent studies Regional, Economics, 8/10/1998 - Nomura forecasts 7 percent economic growth in Morocco
The Moroccan economy is expected to grow by 7 percent in 1998 after it fell by 2.2 percent last year due to weather changes, the London-based Nomura brokerage house said. Morocco, Economics, 8/10/1998 - Qatar - industrial zone Qatar, Business, 8/10/1998
- Qatar shipwreck excavation Qatar, Business, 8/10/1998
- Oman market - electronic trading Oman, Business, 8/10/1998
- Turkish banks - Bahrain Bahrain-Turkey, Business, 8/10/1998
- OPEC countries income expected to fall by a third Regional-OPEC, Economics, 8/10/1998
- 800,000 Moroccan expatriates crossed Strait of Gibraltar since holidays
Some 820,277 Moroccan nationals settled in Europe have crossed the Strait of Gibraltar since June 15, 1998, going back home for the summer holidays. Morocco, Economics, 8/10/1998 - Prince Moulay Rachid in Portugal for Expo-98
Prince Moulay Rachid, youngest son of King Hassan II, praised Saturday in Lisbon the soundness of Moroccan-Portuguese relations. Morocco-Portugal, Economics, 8/10/1998 - Saudi export center organizing economic exhibition in Casablanca
The Center for Saudi Exports in the Saudi Industrial and Commercial Chamber is organizing an exhibition for Saudi products and industries in Casablanca, Morocco from December 7 - 13, in cooperation with Ramatan company for organizing and marketing exhibitions. Saudi Arabia-Morocco, Economics, 8/10/1998