Arabic News Weekly Edition for Economics, 12/21/1998
Weekly Edition, Economics - Week of December 21, 1998
- French Accor to manage Moroccan hotel
French tourism group Accor signed Thursday in Rabat an agreement with Moroccan authorities for the management of Morocco's biggest conference complex, "Palais des Congress," and "Mansour Eddahbi" hotel in Marrakesh. Morocco-France, Business, 12/26/1998 - Privatizing Lebanese television and aviation
Lebanese economic sources revealed the desire of Prime Minister Salim al-Hoss' government to offer three sectors for privatization with the framework of a Lebanese plan to get out of three projects managed by the government: official television, Middle East Airlines and Lebanon's casino. Lebanon, Economics, 12/26/1998 - Teachers at Sanaa, Aden universities terminate strike
Teachers at the universities of Sanaa and Aden on Thursday ended their two-week strike after they received a salary increase estimated at 50%. Yemen, Economics, 12/26/1998 - Sudan wants to join World Trade Organization
Through its embassy in Geneva, Sudan has sent a private memorandum concerning joining the World Trade Organization to the organization's secretary general. Sudan, Economics, 12/26/1998 - Finishing the first stage the industrial zone east Port Said Egypt, Business, 12/26/1998
- Health union calls for strike Morocco, Economics, 12/26/1998
- Moroccan merchant navy delegation visits Poland
A delegation from the Moroccan merchant navy administration visited Poland recently to negotiate a draft accord between Morocco and Poland in matters of bilateral sea traffic. Morocco-Poland, Economics, 12/26/1998 - Dahab Hilton starts activity
The hotel and resort of Dahab's Hilton will start its actual activity after a formal inauguration attended by Egyptian Minister of Tourism Mamdouh El-Beltagi. Egypt, Business, 12/26/1998 - Egyptian exports to Lebanon amount to $44 million Egypt-Lebanon, Economics, 12/26/1998
- Egyptian economic commission to visit US in February Egypt-USA, Economics, 12/26/1998
- Three Egyptian nutrition companies offered for sale Egypt, Business, 12/24/1998
- 51 investment funds in Bahrain Bahrain, Business, 12/24/1998
- Arab union for the businesswomen to be established in March Regional-Egypt, Economics, 12/24/1998
- Egyptian businessmen to visit Italy Egypt-Italy, Economics, 12/24/1998
- Moroccan-Egyptian high cooperation commission to meet next spring
The Moroccan-Egyptian cooperation high commission will meet in Morocco next spring to assess joint actions and identify ways to rev up trade exchange. Morocco-Egypt, Economics, 12/24/1998 - Humanitarian organizations warn: Gloomy year awaits the Sudanese
Humanitarian organizations working in Sudan expect the year 1999 to be gloomy for more 4 million Sudanese civilians, who during 1998 suffered from fighting, starvation and floods. Sudan, Economics, 12/24/1998 - Al-Quds fund officially established in Morocco
The Al-Quds Bait Al-MAl (Jerusalem Fund) was officially established in Morocco under an accord signed between Morocco and the Palestinian Authority. Palestine-Morocco, Economics, 12/24/1998 - Jordanian circles: Israel tries through Jordan to penetrate Arab region, economically
Jordanian parliamentary and economic circles have opposed the signing of an agreement proposed to establish a free trade zone between Jordan and Israel proposed by Israel to Jordan. Jordan-Israel, Economics, 12/24/1998 - US company manages a Saudi project for quick meals
The American company I.F.C Enterprises Inc. along with the Saudi company Ali Java Cinnamon have agreed to establish and upgrade coffee shops and bakeries in Saudi Arabia and five other Gulf countries. Saudi Arabia-USA, Business, 12/24/1998 - $30 million contract between Ericsson and Egyptian communications company
The government-owned Telecom Egypt company, along with the international Ericsson company endorsed a contract valued at $30 million to modernize the telephone network in Egypt. Egypt, Business, 12/24/1998 - Money transfers between Sweden and Morocco go electronic
Morocco announced that money transfers between Sweden and Morocco will be operated electronically through the Eurogiro Network. Morocco-Sweden, Business, 12/24/1998 - Germany grants Morocco $33 million in assistance Morocco-Germany, Economics, 12/24/1998
- A reduction in net profits for Tunisian Cinema Company Tunisia, Business, 12/24/1998
- ArabSat participates in the Qatari Q-Tel Qatar-Regional, Business, 12/24/1998
- Iran, Oman sign memorandum of understanding, cooperation Oman-Iran, Economics, 12/24/1998
- Saudi Arabia: Our economy is stronger Saudi Arabia, Economics, 12/24/1998
- UAE associations raise funds for Iraq, UNESCO calls for emergency aid, EU donor conference
Charity associations in the United Arab Emirates launched on Tuesday a fund-raising campaign for Iraq at the initiative of Defense Minister Sheikh Mohammed Ben Rashid Al-Maktoum. Iraq-Regional, Economics, 12/23/1998 - Donor states seek to present $3 billion in aid to Egypt
Donor states decided to convene a two-day meeting in Paris on February 12 with the participation of Arab, US and European representatives, in addition to the major financial corporations. Egypt-International, Economics, 12/23/1998 - Morocco gets $ 215 million loans to develop telecom sector
Morocco has obtained $ 215 million loans for the development and liberalization of its Posts and Telecommunication sector. Morocco, Business, 12/23/1998 - Billions of dollars from Mid-East to enter Indonesia
Billions of dollars from the countries in the Middle East are ready to enter Indonesia in 1999 Regional-Indonesia, Economics, 12/23/1998 - Turkey signs trade agreement with Israel
The Turkish daily al-Zaman said on Tuesday that during the recent visit by Turkish Prime Minister Mesout Yilmaz to Israel a trade cooperation agreement was signed with Tel Aviv that will help limit US restrictions on Turkish exports to the US. Turkey-Israel, Economics, 12/23/1998 - Moroccan public health sector goes on strike next week Morocco, Economics, 12/23/1998
- World bank loans Morocco $ 70 million
The World Bank has agreed to extend Morocco two loans worth $ 70 million destined to improve the Moroccan health sector and to raise living standards in mountainous areas. Morocco, Economics, 12/23/1998 - Three Egyptian banks are among the 10 best Arab banks Regional, Business, 12/22/1998
- Industrial investments in Egypt are 40 billion pounds Egypt, Economics, 12/22/1998
- Algeria, EU to send humanitarian aid to Iraq
Algeria will extend humanitarian assistance, made up of milk and medicine, to Baghdad following the U.S-British air strikes against Iraq. Iraq-Algeria-European Union, Economics, 12/22/1998 - $500 million regional bank to be established
Mohmoud Abdul Aziz, the chairman of the Union of Arab Banks, announced today the establishment of the largest Arab bank, with a capital $500 million. Regional, Economics, 12/22/1998 - Vigilance diminishes in Ramadan, Moroccan study reveals
Muslims fasting during the month of Ramadan see their vigilance diminish, especially at 9 A.M. and 4 P.M. Morocco, Economics, 12/22/1998 - Palestine to have Moroccan airliner service twice weekly
The Moroccan airliner "Royal Air Maroc" will launch as of next February two weekly flights to Palestinian Gaza airport via Cairo. Palestine-Morocco, Business, 12/22/1998 - Islamic Development Bank extended Morocco $236 million in 1997
The amount co-financed five development projects, including the construction of two dams in central Morocco, water supply and used water treatment projects, computerization of some administrations and construction of refrigerating centers in the airports of Casablanca, Marrakesh and Agadir. Morocco, Economics, 12/22/1998 - World Bank-Morocco ties most important in the region, WB official says
The World Bank (WB) vice-president for the Middle-East and North Africa (MENA) said WB relations with Morocco are the most important in the MENA region. Morocco-World Bank, Economics, 12/22/1998 - Cornerstone to be laid for biggest suspension bridge in Egypt Egypt-Japan, Economics, 12/22/1998
- Morocco and Egypt agree on lowering customs duties Egypt-Morocco, Economics, 12/21/1998
- Meeting of Egyptian - Algerian works council postponed
The meeting of the first session of the Egyptian - Algerian works council was postponed until March due to developments in the region and the formation of a new government in Algeria. Egypt-Algeria, Economics, 12/21/1998 - UAE - Iraq relief fund United Arab Emirates-Iraq, Economics, 12/21/1998
- European Union grants Mauritania 11.2 ecu Mauritania, Economics, 12/21/1998