Arabic News Weekly Edition for Economics, 11/30/1998
Weekly Edition, Economics - Week of November 30, 1998
- Egyptian - Iraqi commercial committee to meet tomorrow
The Egyptian- Iraqi commercial committee is to begin its meetings on Saturday, which will last for three days. Egypt-Iraq, Economics, 12/4/1998 - 25 million pounds are Egypt's exports of shoes to the gulf states Egypt-Gulf, Economics, 12/4/1998
- 17.7 billion is the income target for year 2001 Egyptian tourism
The new five-year plan for the Egyptian tourism development organization (98-2002) expected that Egyptian tourism will result in an income of 17.7 billion pounds by the end of the year of 2001. Egypt, Economics, 12/4/1998 - Prince al-Walid signs contract for final phase of Saudi skyscraper
Prince al-Walid bin Talal the head of the Saudi Holding Company signed a contract to implement the last stage of construction of a skyscraper with the Saudi Al-Seif Corporation. Saudi Arabia, Business, 12/4/1998 - Egypt, Tunisia to boost cooperation in maritime transport Egypt-Tunisia, Economics, 12/4/1998
- 150 Belgian businessmen to visit Egypt on February
The Belgian embassy announced that Belgian Crown Prince, Philip of Belgium is to visit Cairo on coming February. Egypt, Economics, 12/4/1998 - Reforming Tunisian petroleum sector
The Tunisian government intends to have structural reform in petroleum product manufacturers to attract foreign investors to work in this domain. Tunisia, Business, 12/4/1998 - First trade flight from Gaza airport to Amman to fly on Saturday
Chairman of the Palestinian Civil Aviation Authority Fayez Zaidan has said that the first trade flight between Gaza International Airport and Amman will take off on Saturday. Palestine, Economics, 12/4/1998 - Israel agrees to increased Jordanian exports to Palestinian areas
Jordanian, Palestinian and Israeli trade meetings started on Wednesday in Amman with the participation of the US to discuss trade relations between Jordan, the Palestinian Authority and Israel. Jordan-Regional, Economics, 12/4/1998 - Syria, Iraq stress historical rights to waters of Tigris, Euphrates
Syrian Minister of Irrigation Abdul Rahman al-Madani and his Iraqi counterpart, Mahmoud Ziab al-Ahmad, stressed the need to coordinate and develop work between Syria and Iraq in the field of irrigation to serve the common interests of the two countries. Syria-Iraq, Economics, 12/4/1998 - 30 million pounds to upgrade Abu Sembel temples
The Egyptian Ministry of Culture is currently preparing to implement the project to upgrade the two temples in Abu Sembel at a cost of 30 million pounds, in a project that will last for 11 months. Egypt, Economics, 12/4/1998 - Turkish trade mission in Morocco shortly
A Turkish Business Mission will visit Morocco shortly to explore potentials of the Moroccan market and foster partnership with Moroccan entrepreneurs in various commercial and industrial sectors. Morocco-Turkey, Business, 12/4/1998 - Arab and foreign investments in Egypt total 4.87 billion pounds Egypt, Business, 12/3/1998
- Foodstuffs for Iraq through Syrian port Iraq-Syria, Economics, 12/3/1998
- Iraqi irrigation minister in Damascus Iraq-Syria, Economics, 12/3/1998
- Action-employment programs generates 2,500 jobs monthly
The "Action-Employment" program devised by the Moroccan government to fight unemployment among young university graduates generates 2,500 jobs monthly, said a Moroccan minister. Morocco, Economics, 12/3/1998 - Taxes on imported cigarettes in Egypt set at 7 percent Egypt, Economics, 12/3/1998
- 10 Egyptian-British companies worth $100 million Egypt-UK, Business, 12/3/1998
- French group to build $119 million tourism complex in Casablanca
The French hotels group Accor will build a $119 million tourism and trade center in the Moroccan economic and financial capital of Casablanca. Morocco-France, Business, 12/3/1998 - Moroccan Exports to Russia More than Doubled in one Year, Minister
Morocco's exports to Russia more than doubled between 1996 and 1997, reaching around $235.2 million (2.16 billion dh) in 1997, a Moroccan minister said on Wednesday.20 Morocco-Russia, Business, 12/3/1998 - Egyptian trade deficit with Africa is $268 million
The Egyptian trade deficit with Africa amounted to $268 million during the first nine months of this year. Egypt-Regional, Economics, 12/2/1998 - Syrian Banks discuss upgrading for the future
The meeting will also review, in the light of new computer developments, the introduction of modern banking techniques Syria-Syria, Economics, 12/2/1998 - Meeting on Arab metallurgy industry convenes in Rabat
Deliberations of the 15th session of the executive council of the Arab organization for industrial development and Metallurgy started in Rabat on Tuesday with the participation of representatives from 13 Arab states. Regional, Business, 12/2/1998 - Oman opens containter terminal Oman, Economics, 12/2/1998
- Bahrain cuts budget Bahrain, Economics, 12/2/1998
- Morocco devises plan to counter effects of late rain
Morocco said it devised a plan to shield the country the adverse effects of late rainfall. Morocco, Economics, 12/2/1998 - Egypt's balance of gold is 2 billion pounds Egypt, Economics, 12/1/1998
- Egyptian Orascom floats finance bonds worth 300 million pounds
The Egyptian group Orascom, owned by businessman Onsi Sawiris and his three sons, has decided to float finance bonds valued at 300 million pounds aiming at financing the company's expansion. The term of the bonds is seven years at an interest rate of 11%. Egypt, Business, 12/1/1998 - 24 joint Israeli - Jordanian projects on tap Jordan-Israel, Economics, 12/1/1998
- Morocco seizes five trawlers for illegal fishing
Morocco seized last week four Spanish and a Norwegian trawler for fishing in an illegal zone in the north of Dakhla (southwestern Morocco). Morocco, Economics, 12/1/1998 - Unemployment on the Rise Morocco, Economics, 12/1/1998
- Egyptian prime minister to meet with World Bank mission on Saturday Egypt-World Bank, Economics, 11/30/1998
- Saudi - Chinese cooperation to establish petrochemical factory
Saudi Arabia and China, signed yesterday an agreement for mutual investments that dictates the establishment of three petrochemical factories though trilateral cooperation between the Saudi Aramco company, the Chinese government and American company Exxon. Saudi Arabia-China, Business, 11/30/1998 - Growth rate to stand at 6.4 at the end of 2003 Morocco, Economics, 11/30/1998
- Washington donor countries conference for Palestine starts
The conference of donor countries for Palestine will be held today in Washington. Palestine-Regional, Economics, 11/30/1998 - Iraq proposes its program on oil-for-food agreement
Iraq has proposed to the UN its special program on distributing food and medicines in the framework of the new phase of the oil-for-food agreement. Iraq, Economics, 11/30/1998 - Tunisian food exports fall to $369 million
A Tunisian government report said that the volume of Tunisian exports of food products in the first 9 months of the current year, fell to $369 million in comparison to $413 million during the same period of the previous financial year. Tunisia, Economics, 11/30/1998 - Egyptian- Saudi business conference to be held later this week
The second conference for Egyptian and Saudi businessmen is to be held on December 5 - 7, organized by the council of trade chambers in the two countries. Egypt-Saudi Arabia, Business, 11/30/1998 - Second Cairo mobile phone service to begin Egypt, Business, 11/30/1998
- International airport to be built in Sinai with Kuwait-Egyptian capital Egypt-Kuwait, Economics, 11/30/1998
- Euro listed on Moroccan Banks as of January Morocco, Business, 11/30/1998
- New ventilation project for Damascus International Airport Syria, Business, 11/30/1998
- Saudi Arabia, UNIDO review cooperation Saudi Arabia-UN, Economics, 11/30/1998