Arabic News Weekly Edition for Economics, 3/15/1999
Weekly Edition, Economics - Week of March 15, 1999
- Egypt tops African countries in attracting foreign investment
A report released by the United Nations Conference on Trade and Development (UNCTAD) puts Egypt at the top of African countries in attracting foreign investments due to its healthy investment atmosphere. Egypt, Economics, 3/20/1999 - Morocco investigates increase of fructose production
Moroccan Minister of Industry, Trade and Handicraft Alami Tazi reviewed in Rabat Friday with a delegation of the Amylum industrial group, specializing in the production of starch and glucose, prospects of making fructose in a Casablanca plant. Morocco, Business, 3/20/1999 - Report: North African electric grid to be inter-connected before end of 1999
"The Libyan electric grid will be connected before end of the year to the Tunisian one and then to the Algerian and Moroccan ones, reported a French daily . Regional, Economics, 3/20/1999 - Agriculture provides jobs to more than half of Moroccan working women
Agriculture is the sector that provides most jobs for Moroccan women, as 55% of working women are employed in agriculture, against 42.3% of men. Morocco, Economics, 3/20/1999 - Delegation from Indian industrial union visits Qatar
A delegation from the Union of Indian Industries that comprises 17 representatives of major Indian companies is heading today to Doha on a two-day visit to Qatar at the invitation of the Qatari ministry of energy and industry. Qatar-India, Economics, 3/20/1999 - Israeli airline to resume trips to Istanbul tomorrow Israel-Turkey, Business, 3/20/1999
- Egyptian organizes the first market for tourism in February
Egyptian Minister of Tourism Mamdouh El-Beltagi said a tourism and travel market is being organized in Cairo for next February, which will be called the Mediterranean Tourism Market. Egypt-International, Economics, 3/19/1999 - Arab business council due to meet in May
the deputy chairman of the council, Saeed El-Taweel, told ArabicNews.com that the businessmen are going to discuss during the meeting the promotion of an Arab economy, how to advance the Arab free trade zone, means of upgrading the links between all Arab business assemblies. Regional, Economics, 3/19/1999 - Egyptian - Norwegian company to run airports
The establishment of an Egyptian - Norwegian company specializing in the field of designing, implementing, and running airports and in basic infrastructure work, named Nerga, was announced yesterday in Cairo. Egypt, Business, 3/19/1999 - Three commercial agreements between Egypt and Uganda
Egypt and Uganda signed three agreements to enhance commercial exchange and increase exports. Egypt-Uganda, Economics, 3/19/1999 - Libya establishes the first Oasis in Toshka
The first Oasis in the Toshka area is being established with Libyan investment and financing in the framework of the Egyptian - Libyan joint plan for establishing four similar Oases in the new cities in the South Valley, Rafah, Sinai, Sidi Barani and the desert road between Cairo and Alexandria to serve development projects and face increasing tourism movement. Egypt-Libya, Economics, 3/19/1999 - Joint investment projects between Egypt and Kazakhstan
Ibrahim Fawzi, head of Egypt's general organization for investment and free trade zones discussed yesterday in Cairo with a commercial delegation from Kazakhstan under the chairmanship of Adilbek Dzhaksybekov, mayor of Astana, the capital of Kazakhstan the possibility of establishing joint investment projects in the fields of mineral resources, building supplies, metal and food industries. Egypt-Kazakhstan, Economics, 3/19/1999 - Egyptian Orascom hotels to float up bonds worth 200 million pounds
The Egyptian Orascom Projects & Touristic Development company intends to float bonds worth 200 million pounds in the coming months in two stages. Egypt, Business, 3/19/1999 - 100 million pounds in deals at Cairo International Fair
The Cairo International Fair concluded yesterday its two-week session. El-Said Saleh, head of the exhibition organization, said that the value of contracts signed by the participants in the fair reached 100 million Egyptian pounds. Egypt, Economics, 3/19/1999 - Sudan - food supplies Sudan, Economics, 3/19/1999
- UN - Iraq - compensation Iraq-UN, Economics, 3/19/1999
- Morocco says all precautions were taken to facilitate access of goods to Europe
The Moroccan government has taken all "possible precautions" to facilitate the access of Moroccan goods to the European Union via Spain, said spokesman of the government, Khalid Alioua. Morocco, Economics, 3/19/1999 - 600 Companies in Cairo Automac '99
The Afro-Arab fair and gathering of cars is to conclude on Sunday after a five-day session with the participation of 600 Egyptian, foreign, and Arab companies working in field of manufacturing cars, representing Turkey, Taiwan, South Africa, India, England, France, Germany, Russia, Italy China, Thailand, Greece and Singapore. Egypt-International, Economics, 3/19/1999 - Egypt, Palestine cooperate in manufacturing cars
45 Palestinian businessmen are currently visiting Cairo representing sectors in the automobile industry to enhance the efforts of the two states' governments in order to increase commercial cooperation in light of strong relations between Cairo and Gaza. Palestine-Egypt, Economics, 3/18/1999 - Consultative meeting for Gulf petroleum ministers
The ministers of petroleum and mineral resources in Gulf Cooperation Council states are convening a consultative meeting on Sunday in Abu Dhabi to coordinate the positions of the GCC member states regarding the issues that will be discussed by the ministerial conference for OPEC on Tuesday in Vienna. Gulf, Economics, 3/18/1999 - Breeding rabbits encouraged in Mediterranean states by FAO
The United Nations Food and Agriculture Organization is helping set up a network in the Mediterranean countries to promote breeding rabbits for food security, income, diversifying livestock and better using available feed resources. Regional, Economics, 3/18/1999 - Lebanese should expect tax increase Lebanon, Economics, 3/18/1999
- Qatar - Total talks on India gas supply Qatar-India, Business, 3/18/1999
- Oman - taxes Oman, Economics, 3/18/1999
- UAE - Qatar - gas United Arab Emirates-Qatar, Economics, 3/18/1999
- Moroccan and Tunisian economic operators resolve to increase trade
It was also agreed to promote the movement of capital, speed up the ratification of the non-double taxation agreement, and consolidate cooperation in the exchange of expertise and information on business opportunities in both countries. Morocco-Tunisia, Economics, 3/18/1999 - Moroccan-Lebanese business council holds first meeting
The Moroccan-Lebanese business council will hold its first meeting in Morocco this March 24 to review ways of enhancing economic partnership and rev up trade exchange between the two Arab countries. Morocco-Lebanon, Economics, 3/18/1999 - Morocco and Tunisia to set up free trade area
The agreement, initialed by the two states' ministers of trade on the sidelines of the official visit Tunisia's president paid to Morocco March 15-16, provides for the suppression, with immediate effect, of all duties on some 2,000 non-agricultural products carrying a customs duty below 10%. Morocco-Tunisia, Economics, 3/17/1999 - Egypt ranks 4th in its success of the privatization programs
Egypt obtained the fourth position in the International Monetary Fund's list for the success of its privatization program among 50 countries worldwide, Egyptian Minister of Public Works Atef Ebeid said Egypt, Economics, 3/17/1999 - Iran to purchase some Egyptian companies being privatized
The head of the Iranian investment department, Akbar Turkan, confirmed that Iranian businessmen are currently discussing the chances for investment in Egypt through buying the companies floated in the Egyptian privatization program. Egypt-Iran, Economics, 3/17/1999 - Oman - economy Oman, Economics, 3/17/1999
- Jordan - potential Palestinian trade Jordan, Economics, 3/17/1999
- Israeli - Jordanian water crisis
Jordanian Minister of Water and Irrigation Kamal Mahadin has asserted Jordan's commitment to its full water rights, rejecting any reduction in its share of the water pumped by Israel due to the shortage of rainfall for the current season, as Israeli sources announced on Sunday. Jordan-Israel, Economics, 3/16/1999 - Pakistan aspires to promote economic cooperation with Muslim countries
Pakistani Communication Minister Raja Nadir Pervaiz, said that Pakistan wants to ensure participation of Muslim countries in the economic uplift of the country Regional, Economics, 3/16/1999 - Palestinians want to benefit from Morocco's agricultural experience
Palestinians want to benefit from Morocco's experience in agribusiness and marketing of agricultural produce such as olive oil, flowers, tomatoes and citrus fruits. Palestine-Morocco, Economics, 3/16/1999 - Jospin to open Egyptian French week in May
French Prime Minister Lionel Jospin will inaugurate on May 2 the French week in Egypt, France Expo '99. Egypt-France, Economics, 3/16/1999 - Sharjah trade exposition opened
The Emirate of Sharjah on Monday opened its trade exposition, which will last only for two days, in which the US trade department is taking part. United Arab Emirates-USA, Economics, 3/16/1999 - Summit by President Mubarak and King Abdullah as Electric grid between Jordan and Egypt opens
An official source in Cairo said on Sunday that King Abdullah Bin al-Hussein will visit Egypt on Tuesday where he will inaugurate together with Egyptian President Hosni Mubarak the electricity grid line between the two states. Jordan-Egypt, Economics, 3/15/1999 - Gulf states to establish common power grid link
The ministers of water and electricity in the Gulf Cooperation Council states decided to establish a power grid linking the GCC states. Gulf, Economics, 3/15/1999