Arabic News Weekly Edition for Economics, 11/9/1998
Weekly Edition, Economics - Week of November 9, 1998
- Egyptian Premier confers with US trade minister Egypt-USA, Economics, 11/14/1998
- Saudi Arabia to adjust the general expenditure
Saudi Arabia decided to continue its policy of not borrowing from foreign markets and resort to raising loans only from local banks to fill deficits in the budget of the current year as a result of the collapse of oil prices which constitute the largest portion of the income of the country. Saudi Arabia, Economics, 11/13/1998 - An International bid for Alexandria subway Egypt, Business, 11/13/1998
- Arab joint market is to be on coming January
The secretary general of the Arab economic unity in Cairo Hassan Ibrahim announced today the beginning of activating the executive program for the Arab joint market according to the context of the Arab economic unity agreement starting on the first of January 99. Regional, Economics, 11/13/1998 - Syrian-Jordanian committee to discuss al-Wahdah dam
Jordanian governmental sources said on Thursday that the Jordanian-Syrian joint committee will hold a meeting before the end of the current month in Amman to continue discussions on al-Wahdah (unity) dam project. Jordan-Syria, Economics, 11/13/1998 - Cairo to pursue diplomatic activity on coming week
President Hosni Mubarak will receive Norwegian foreign minister Knut Vollebaek, the British Foreign Minister Robin Cook and Austrian counterpart Wolfgang Scheduessel, where they are to discuss a large number of international and regional issues Egypt, Economics, 11/13/1998 - 100 Egyptian businessmen will visit Lebanon in January
It is expected that a delegation of the Egyptian businessmen will visit Lebanon at the end of the coming January for activating investment and trade ties between the two countries. Egypt-Lebanon, Economics, 11/13/1998 - US trade secretary in Jordan
the volume of its exports to the Palestinian self-rule area does not exceed $17 million per year due to obstacles placed by Israel Jordan-USA, Economics, 11/13/1998 - Half of Morocco's $23 billion external debt is owed to Paris club
Morocco's external debt is estimated at $23 billion, including half owed to the Paris Club, said here Thursday Francis Mayer, chairman of the Club in an interview with a Moroccan daily. Morocco, Economics, 11/13/1998 - Moroccan telecom firm sales jumped 7 percent in 1997
The Moroccan telecom Company said on Thursday its sales increased by 7 percent in 1997 over 1996 to stand at 6.51 billion Dh (1 $ is 9.3 Dh). Morocco, Business, 11/13/1998 - Morocco and Spain sign convention on sanitation in Moroccan norther city Morocco-Spain, Economics, 11/13/1998
- Phosphates Fertilizers Prices Decrease by 5 percent
The Moroccan state-owned fertilizers company (Fertima) announced that it will reduce by 5 percent the price of phosphates fertilizers for small farmers. Morocco, Business, 11/13/1998 - Starting electric link between Egypt and Jordanian coming Tuesday Egypt-Jordan, Economics, 11/12/1998
- Syrian Premier reviews Arab economics with Arab economic union team
The aim being to establish an Arab common economic vision for the next century as well as methods of supporting joint Arab commercial work Regional-Syria, Economics, 11/12/1998 - Rabat wants Washington to swap Moroccan debt
Morocco voiced hope that the USA would follow other European countries that have agreed to swap Moroccan debt. Morocco, Economics, 11/12/1998 - Morocco counts over 100,000 mobile phone subscribers Morocco, Business, 11/12/1998
- International passengers and freight transportation accords signed Morocco, Business, 11/12/1998
- Korean delegation for discussing investment opportunities in Egypt Egypt-South Korea, Economics, 11/11/1998
- A railway line between Jordan and Iraq Jordan-Iraq, Economics, 11/11/1998
- Morocco will not renew fisheries accord with E.U.
Moroccan minister in charge of fisheries Thami Khyari on Tuesday informed Spanish officials that Morocco will not renew the four-year fisheries accord signed with the European Union in November 1995 and that expires in 1999. Morocco, Economics, 11/11/1998 - Jordanian, Israeli, US trade meeting tomorrow
A tripartite meeting will be held Thursday at al-Hassan industrial city in Irbid. The meeting comprises Jordanian trade and commerce minister Muhammad Saleh al-Hourani, the Israeli industry minister Nathan Sheranski and US commerce secretary William Daley. Jordan, Economics, 11/11/1998 - Egypt and Morocco lead in attracting foreign investment in north Africa
the report stressed that 1997 was the fourth consecutive year of economic growth for Africa as a whole and privatization has become increasingly important for attracting FDI, although it is far from being fully explored by most African countries. Regional, Economics, 11/11/1998 - Spain funds Moroccan water project
Spain agreed Tuesday to grant Morocco about $700,000 to enable the Kingdom carry out a drinking water project in the Northern region. Morocco-Spain, Economics, 11/11/1998 - The second free zone in Dubai starts its work soon United Arab Emirates, Business, 11/11/1998
- A Saudi water station of 47 million dollars Saudi Arabia, Business, 11/10/1998
- Saudi Arabia - Iran hold oil talks
Saudi Minister of oil Ibrahim al-Nueimi discussed in a short visit he held to Teheran on Sunday late night with his Iranian counterpart Bejin Zankah oil market conditions Saudi Arabia-Iran, Economics, 11/10/1998 - US commerce secretary starts mideast trip
US firms last year exported about $11 billion in goods to the five countries while imports totalled more than $8 billion. Regional, Economics, 11/10/1998 - Moroccan health workers postpone strike Morocco, Business, 11/10/1998
- Moroccan prime minister to visit Portugal Friday
Iron, steel, synthetic fibers, wood, chemical products, plastic goods, paper and machinery are the major goods that Portugal exports to Morocco. Moroccan exports are made up of fish, phosphoric acid, tires, cork, fertilizers, citrus fruits, synthetic fabrics, phosphates and cotton threads. Morocco-Portugal, Economics, 11/10/1998 - Moroccan fisheries minister in Madrid
Moroccan minister in charge of fisheries Thami Khyari is expected in Madrid this Tuesday on a short working visit at the invitation of the Spanish minister of agriculture, food and fisheries. Morocco-Spain, Economics, 11/10/1998 - US president visits Gaza on the 14th of the current month Palestine, Economics, 11/9/1998
- Damascus hosts 28th Arab economic council session
At the invitation of the "society of the economic sciences" in Syria, the council of the Arab economic union holds its 28th session between 9-11 November at Esh-Sham hotel in Damascus. Regional, Economics, 11/9/1998 - $3.8 Billion are Egypt's imports from the U.S.A Egypt-USA, Economics, 11/9/1998
- Egyptian-Iraqi cooperation in fields of housing and Utilities
The Egyptian Minister of Housing and Utilities Mohammed Ibrahim Soliman has endorsed with the Iraqi Minister of Housing Maani Abd Allah Sarsem an agreement for enhancing cooperation in fields of housing, utilities, new cities and infrastructures projects. Egypt-Iraq, Economics, 11/9/1998 - Moroccans purchase more household appliances
The percentage of households equipped with a fridge went up from 27.1 percent in 1991 to 44.1 percent in 1998 Morocco, Business, 11/9/1998 - Arab transportation cabinet meet on Thursday in Cairo
The Arab transportation cabinet will hold its 14th session on Thursday in Cairo under the chairmanship of Sheik Ahmed Bin Naser, the Qatari minister of transportation. Regional-Egypt, Economics, 11/9/1998