Arabic News Weekly Edition for Economics, 3/1/1999
Weekly Edition, Economics - Week of March 1, 1999
- 2000 companies in Cairo International Exhibition on Tuesday
Egyptian Minister of Trade and Supply Ahmed Goweili stated that the Cairo international market has become the most important economic event in Egypt and the Middle East as a whole, as the number of countries participating in the event has reached 53, compared to only 32 countries last year. Egypt-International, Economics, 3/6/1999 - France proposes increase of 20% ceiling for debt swapping for some countries
French Minister of Economy and Finance Dominique Strauss-Kahn proposed the cancellation of the 20% ceiling set for swapping debts owed to the Paris Club by some countries, like Morocco and Egypt. Regional-International, Economics, 3/6/1999 - Arab food industries to meet next June in Lebanon
The second congress of Arab food industries will be held next June 15-20 in Lebanon, Lebanese economy and trade minister, Nasser Saadi, announced. Regional-Lebanon, Business, 3/6/1999 - US: All Wye aid on track Palestine-Israel-USA, Economics, 3/6/1999
- Morocco seeks external funds to connect eastern city to rail network Morocco, Economics, 3/6/1999
- Egypt asks to join economic organization for Indian Ocean countries
Egypt has presented a formal request to the economic assembly of Indian Ocean countries in order to join as an observer in this gathering, which includes 14 countries. Egypt-International, Economics, 3/5/1999 - Tough negotiations with Europe and WTO await Morocco, King Hassan II says
Morocco is poised to face up crucial dates for its future, including "tough" negotiations, in the context of the association accord binding the kingdom to the European Union and in the multilateral context of the WTO, the King said in a speech to the nation he gave Wednesday on the occasion of the Throne Day. Morocco, Economics, 3/5/1999 - Head of London Stock Exchange: Egyptian economic reform an experience worth study
Chairman of the London Stock Exchange John Kemp-Welch who is currently visiting Cairo stated that the experience of Egyptian economic reform is worth studying as a unique experience in the shadow of international economic crises. Egypt-UK, Economics, 3/5/1999 - Lebanese committee on privatization law will conclude work within two weeks
Lebanese economic sources expected that the committee authorized to examine the draft law on privatization will be ending its work within two weeks. The law aims at elucidating the meanings of privatization, especially pertaining to production units in order to upgrade Lebanon's financial markets. Lebanon, Economics, 3/5/1999 - First cable television network in United Arab Emirates
The Emirates Telecommunications Company (Etisalat) is getting ready to establish the first cable television network in the United Arab Emirates before the end of current year, the first in the Gulf area. United Arab Emirates, Business, 3/5/1999 - Increasing volume of Egyptian flowers to Europe Egypt, Economics, 3/5/1999
- Philips wins sound and light contract in Abu Simble
The Dutch company Philips won a contract for implementing the sound and light contract in Abu Simble temple, worth 20 million pounds. A group of British, American and Swedish companies also presented an offer in addition to Philips, but Philips' offer was chosen. Egypt, Business, 3/5/1999 - Moroccan and Spanish chambers of commerce sign cooperation convention
The chambers of commerce and industry of Nador and of the Spanish southern city of Almeria signed here Tuesday a cooperation convention meant to be "a bridge of friendship between business people of the two Mediterranean countries." Morocco-Spain, Economics, 3/5/1999 - Iraqi petroleum exports will not increase before March 2000 Iraq, Economics, 3/5/1999
- UAE pays its share in the council of economic unity Regional-United Arab Emirates, Economics, 3/5/1999
- Egypt to host third D-8 summit Egypt-Regional, Economics, 3/5/1999
- IMF commission to visit Cairo Egypt-IMF, Economics, 3/5/1999
- Privatization of Egyptian cinema begins
The Egyptian ministerial committee for privatization chaired by Prime Minister Kamal El-Ganzoury, agreed to lease 15 movie theaters to three companies Egypt, Business, 3/5/1999 - Turkey demands exceptions for trade with Iraq Iraq-Turkey, Economics, 3/5/1999
- Irish exports to Saudi Arabia worth 1.2 billion riyals in 1998
The volume of Irish exports to Saudi Arabia during 1998 amounted to 1.2 billion riyals in 1988, an increase of 25% from 1997, the weekly news from the Irish embassy in Cairo said. Saudi Arabia-Ireland, Economics, 3/4/1999 - Multinational holding company to be established Egypt-International, Business, 3/4/1999
- Germany grants 100 million marks to Palestinians
Germany has decided to grant 100-million-marks worth of development aid to the Palestinian self-ruled areas, it was officially announced on Wednesday. Palestine-Germany, Economics, 3/4/1999 - Moroccan and South African associations sign partnership agreement
A Moroccan association and a South African company signed in Marrakesh Tuesday a partnership agreement on the promotion of the second International Forum on Women to be held next November in Casablanca. Morocco-South Africa, Economics, 3/4/1999 - Lahoud forsees qualitative turning point in Lebanese economy Lebanon, Economics, 3/4/1999
- Syrian premier receives Shell delegation Syria, Business, 3/4/1999
- Aleppo hosts 1999 fashion exposition Syria, Economics, 3/4/1999
- Tunisia for best investments with Italy Tunisia-Italy, Economics, 3/4/1999
- Euro-Mediterranean Chambers of Trade Hold 1st Conference in Milan Regional, Economics, 3/3/1999
- Syrian - Lebanese economic cooperation focus on concrete results, set up joint companies
The Syrian-Lebanese joint committee on Monday concluded its meetings in Damascus. The two sides agreed to assign a committee of exerts and technicians to set up Syrian-Lebanese joint venture companies. Syria-Lebanon, Economics, 3/2/1999 - Iraqi oil pumping to Turkey stopped
The pumping of Iraqi oil to Turkey continued to be halted on Monday due to the damage Iraq said was inflicted on the oil pipelines as a result of the US air strikes on Sunday. Iraq-Turkey, Economics, 3/2/1999 - Syrian exports went down in 1998
In the first half of 1988, Syrian exports went down by a rate of 20% in comparison with the same period of 1997, with oil prices being a main factor. Syria, Economics, 3/2/1999 - Dubai Shopping Festival celebrates the third millenium
The administration of the fourth session of the Dubai Shopping Festival decided to celebrate the end of the 20th century during its session that is held in the period from March 18 to April 17 under the slogan of "The family first," in order to concentrate on the role of family values at the end of the century. United Arab Emirates, Economics, 3/2/1999 - Compensating the owners of land taken for Gaza airport
The legal committee in the Palestinian Legislative Council recommended today the start of compensatory payments to owners of the land that was confiscated to found Gaza International Airport nearly 5 years ago. Palestine, Economics, 3/2/1999 - Saudi Arabia donates sheep meat and dates to Indonesia Saudi Arabia-Indonesia, Economics, 3/2/1999
- Economic relations between Syria, Lebanon highlighted
Lebanese Minister of Economy, Trade and Industry Nasser al-Saedi has described trade and economic relations between Syria and Lebanon as strategic. Syria-Lebanon, Economics, 3/1/1999 - World Bank loans Morocco $14.2 million
The World Bank (WB) concluded two loan accords with Morocco, worth $14.2 million to partially finance a large-scale project to rehabilitate the ancient medina of Fez (central Morocco). Morocco, Economics, 3/1/1999 - Egyptian minister of economy reviews economic reform and development
Egyptian Minister of Economy Butros Ghali reviewed Egypt's current economic and financial policies and how to upgrade them within the framework of economic and structural reform and the application of market mechanisms according to international economic development. Egypt-UK, Economics, 3/1/1999 - Specifying 210 million pounds for upgrading Areesh Harbor
It was decided to put for sale the project of upgrading Areesh Harbor for investment according to the B.O.T. (build-operate-transfer) system among Arab and Egyptian investors at the cost of 210 million pounds. Egypt, Economics, 3/1/1999 - Jordan - mobile phones Jordan, Business, 3/1/1999
- Qatar - petrochemical profits Qatar, Business, 3/1/1999
- Austria imports Tunisian salt to remove ice on roads Tunisia-Austria, Economics, 3/1/1999
- Egyptian cultural festival in Germany
An Egyptian cultural festival is currently being held in the German city of Cologne, organized by the Sofitel chain in Germany and Egypt in association with the Egyptian cultural bureau in Germany. Egypt-Germany, Economics, 3/1/1999