Arabic News Weekly Edition for Economics, 9/14/1998
Weekly Edition, Economics - Week of September 14, 1998
- Goweili: Egyptian free trade zones with Jordan, Kuwait, Saudi Arabia
Egyptian Minister of Trade and Supply Ahmed Goweili said today that Egypt is finally setting up agreements that will establish free trade zones with Kuwait and Jordan, adding that Egypt is to begin negotiations to establish a free trade zone with Saudi Arabia during the coming year. Egypt, Economics, 9/19/1998 - German exports to Arab states grow, Arab exports to Germany drop
German exports to the Arab states grew by 12.2 percent totalling 9.7 billion deutschemarks (DM) during the first half of this year compared to the same period last year, the German Economy ministry said in a statement released here on Friday. Regional-Germany, Economics, 9/19/1998 - Oman marine terminal to be ready in November Oman, Economics, 9/19/1998
- Moroccan Drinking Water Company Concludes Cooperation Accord with Canaries' peer Morocco, Business, 9/19/1998
- Tunisian, Egyptian companies to implement Great Man Made River projects Libya-Regional, Business, 9/19/1998
- United Arab Emirates suggests quickly establishing free trade zone with Egypt
The United Arab Emirates announced that it has suggested that Egypt make haste in establishing a free trade zone between the two states within the Arab comprehensive free trade zone agreement. United Arab Emirates-Egypt, Economics, 9/18/1998 - Iraqi - Egyptian commercial committee to meet in November
Official economic sources in the Egyptian Ministry of Trade said the Iraqi - Egyptian commercial joint committee is to meet in Cairo during the second half of November, chaired by Egyptian Minister of Trade Ahmed Goweili and his Iraqi counterpart, Mohammed Mahdi Saleh. Iraq-Egypt, Economics, 9/18/1998 - Lebanese - Armenian business conference opens in Beirut
Hariri called upon Lebanese businessmen to take Armenia as the center from where to start activities to the countries of the Caspian states, which possess great natural resources and potential Lebanon-Armenia, Economics, 9/18/1998 - Iraqi commercial center in Damascus to open Sunday
Economic sources in Syria announced that Syrian Minister of Economy Mohammed al-Imadi will inaugurate on the coming Sunday the Iraqi commercial center in Damascus. Iraq-Syria, Economics, 9/18/1998 - Euro-Med Committee Grants Morocco 56 Mln Ecu Assistance Morocco-European Union, Economics, 9/18/1998
- Moroccan minister meets chief of French Development Agency
Moroccan Minister of Finance and Economy Fathallah Oualalou, conferred in Rabat Thursday with Antoine Bouilleute, general manager of the French Development Agency on cooperation between Morocco and the agency. Morocco-France, Economics, 9/18/1998 - Cairo: Customs exemptions canceled on foreign diplomats' cars Egypt, Economics, 9/18/1998
- Egyptian minister of finance: no new taxes
The conference of developing markets in the Arab world ended yesterday in Cairo after three days of meetings, in which experts from 35 Arab and foreign countries participated in addition to several world organizations and investment banks. Regional-Egypt, Economics, 9/18/1998 - Palestinian - Jordanian committee to meet on Saturday
The Palestinian - Jordanian joint higher committee is to meet on Saturday in Amman under the chairmanship of Jordanian Prime Minister Fayez Tarawneh and Mahmoud Abbas, the secretary of the executive committee of the Palestinian Liberation Organization. Jordan-Palestine, Economics, 9/18/1998 - Yemeni - Omani committee convening on Saturday Oman-Yemen, Economics, 9/18/1998
- $70 million grant from International Monetary Fund to Yemen Yemen-IMF, Economics, 9/18/1998
- More than a million citizens under the poverty line in Jordan Jordan, Economics, 9/18/1998
- PM Ganzouri: Egyptian foreign debts constant, bank deposits up 41 billion
Egyptian Prime Minister Kamal El-Ganzoury emphasized today that Egypt's foreign debts are constant, and no new debts were added since 1992. Egypt, Economics, 9/17/1998 - Largest Iraqi bank to become semi-private company
The Iraqi revolutionary leadership council decided to transfer the Pioneers Bank, the largest official bank in Iraq, into a public company as a preliminary step for transferring it into a mixed private and public company instead of public company. Iraq, Business, 9/17/1998 - Yemen receives second installment of IMF loan Yemen, Economics, 9/17/1998
- Syrian-Jordanian economic talks
Syrian Minister of Economy and Foreign Trade Muhammad al-Imadi discussed on Wednesday with Jordanian Minister of Trade and Industry Muhammad Saleh al-Hourani in Damascus economic relations between the two countries, obstacles hindering trade exchange between the two countries and means of eliminating them. Jordan-Syria, Economics, 9/17/1998 - Oman - private sector Oman, Economics, 9/17/1998
- Swiss helps fund Lebanon juvenile crime program reforms Lebanon-Switzerland, Economics, 9/17/1998
- Petroleum meeting in Kuwait calls for complete adherence to reduced production Gulf, Economics, 9/17/1998
- Morocco hosts Arab-African telecom workshop
Morocco is hosting this Sept.21-22 the first Arab-African regional workshop to discuss the telecommunications and computing problems that will face Arab and African countries in year 2000 as a result of a computer software bug prevalent in many systems. Morocco, Business, 9/17/1998 - World Bank extends Morocco a 66-million dollar loan Morocco-World Bank, Economics, 9/17/1998
- Moroccan minister stresses need for dialogue in air carrier strike
Moroccan Interior Minister Driss Basri stressed the need for dialogue in the conflict between technicians and the national air carrier, RAM. Morocco, Economics, 9/17/1998 - Fish come to the rescue of Jordan's water pollution crisis
The Jordanian Zai station for water purification has used different kinds of fish in a "biological" effort to eliminate organic items and pollutants. This new measure helped in solving the two-month Jordanian water pollution crisis. Jordan, Economics, 9/16/1998 - Kuwait, Qatar oil ministers meet on oil prices Kuwait-Qatar, Economics, 9/16/1998
- Syrian-British businessmen discuss cooperation
Syrian and British businessmen on Tuesday concluded roundtable talks on means of consolidating economic and trade cooperation between Syria and the UK. The talks centered on three main topics: carrying out joint projects between Syria and Britain, direct investment by British businessmen in Syria, and tourism and tourism promotion. Syria-UK, Economics, 9/16/1998 - Kuwait calls on Arab petroleum ministers to discuss price increase
The ministers of petroleum and energy from Saudi Arabia, Kuwait and Qatar will being a meeting today in Kuwait to discuss supporting petroleum prices and launching new reductions in petroleum production. Regional, Economics, 9/16/1998 - Egypt expects unemployment rate to decrease
The Egyptian Ministry of Planning expected a decrease in the Egyptian unemployment rate to 7.9% in 1998, down from 8.3% last year. Egypt, Economics, 9/16/1998 - Symposium in Washington for developing Middle East financial systems
The World Bank is to arrange a symposium in Washington on October 4. The symposium is about building and developing the financial systems in the Middle East and northern Africa, on the occasion of the bank's annual joint meeting with the International Monetary Fund. Regional, Business, 9/16/1998 - Draft agreement discussed for Egypt - Jordan agricultural cooperation
Egyptian Deputy Prime Minister and Minister of Agriculture Youssef Wali discussed yesterday with his Jordanian counterpart Mijhim al-Khurayshah a draft agreement for agricultural cooperation between Egypt and Jordan. Egypt-Jordan, Economics, 9/16/1998 - Palestinian casino open
The Oasis Casino, a splendid European-type building, was constructed in front of the camp of Akbatt Gabr for Palestinian refugees at a cost of $50 million. Palestine, Business, 9/16/1998 - UNRWA workers strike in the Middle East effect Palestinian refugee camps
Workers employed by the United Nations Relief and Works Agency on Tuesday staged a strike in the agency's institutions and schools in Jordan, the occupied territories and Syria and Lebanon. Regional-Palestine, Economics, 9/16/1998 - Oman Air purchase Oman, Business, 9/15/1998
- Dubai 2000 aerospace show filling fast United Arab Emirates, Economics, 9/15/1998
- Conference for supply and dumping in Cairo and Alexandria Egypt, Economics, 9/15/1998
- Germany refuses imposing dumping fees against Egypt Egypt-Germany, Economics, 9/15/1998
- Moroccan - Sudanese ministerial committee will meet in February
The Moroccan and the Sudanese ministers of trade agreed to activate cooperation and commercial exchange between the two countries, exchanging visits and participating in exhibitions held between the two countries. Sudan-Morocco, Economics, 9/15/1998 - Qatari minister of petroleum participates in international energy conference
An official source in the Qatari General Corporation for Petroleum said that Minister of Energy and Industry Abdallah Bin Hamad al-Attiyah will head his country's delegation to the sixth international conference of energy that will be held in Capetown, South Africa. Qatar-Regional, Economics, 9/15/1998 - Kuwait suggests convening petroleum meeting
A high-level Gulf source today told ArabicNews.com that Kuwaiti Minister of Petroleum Sheikh Saud Nasser al-Sabah suggested convening a three-way meeting that will include Saudi Minister of Petroleum Ali El-Noaimi and United Arab Emirates Minister of Petroleum Ebeid Ben Seif El-Naseri during the coming week. Gulf, Economics, 9/14/1998 - Ganzouri report to Mubarak on Egypt - Euro partnership problems
Egyptian President Hosni Mubarak received a report from Prime Minister Kamal El-Ganzouri dealing with the problems obstructing the final framework for the economic partnership agreement with European Union, which has negatives reflections on the Egyptian economy and threats of more limits and measures against Egyptian exports claiming to protect the EU states from product dumping. Egypt-European Union, Economics, 9/14/1998 - More companies for sale in Egypt's successful privatization effort , says minister Ebied
Egyptian Minister of Public Enterprises Atef Ebied inaugurated today a symposium regulated by the US Chamber of Commerce in Egypt around the projects involved in Egypt's privatization program. Egypt, Business, 9/14/1998 - Report: Jordan seeks to amend water agreement with Israel
Well-informed sources told a Jordanian daily that the Jordanian government is exerting intensive efforts to amend the Israeli-Jordanian agreement pertaining to the issue of waters. Jordan-Israel, Economics, 9/14/1998 - Bahrain - BAPCO upgrade Bahrain, Business, 9/14/1998
- Jerusalem needs over $1.5 billion to meet development needs, says Palestinian ambassador
The occupied Palestinian city of Jerusalem needs more than $1.5 Billion to meet development requirements so that it can become the capital of the independent state of Palestine, said Abou Marwane, Palestine's ambassador in Morocco who was appointed by King Hassan II general manager of the Jerusalem Fund last July during the 17th session of Jerusalem committee held in Casablanca. Palestine, Economics, 9/14/1998 - International report confirms Egyptian government's intent to privatize bank Egypt, Business, 9/14/1998
- 43 percent increase in exports from Germany to Egypt
The information official at the Arab - German Chamber of Commerce, Basant Helimi, said the chamber is holding a symposium about German - Egyptian economic relations on September 23 in which Egyptian Minister of Trade Ahmed Goweili will deliver a statement about Egyptian - European trade and removing obstacles hindering the development of trade exchange between Egypt and Europe. Egypt-Germany, Economics, 9/14/1998 - Jordanian businessmen deny ties with Israel
Private sector officials in Jordan denied the establishment of a joint Jordanian - Israeli Chamber of Commerce aimed at boosting trade and industrial cooperation between Jordan and Israel. Jordan-Israel, Economics, 9/14/1998 - A trip to Syria Palestine-Syria, Business, 9/14/1998
- IDB to buy a new aircraft at US $100 million Regional, Economics, 9/14/1998