Arabic News Weekly Edition for Economics, 7/12/1999
Weekly Edition, Economics - Week of July 12, 1999
- Ghali meeting to promote joint projects with US
Egyptian Minister of Economy Youssef Butros Ghali is to meet with chairmen and representatives of investment associations and industrial unions and businessmen to focus on joint projects with foreign investors in light of Egyptian President Hosni Mubarak's recent visit to the United States. Egypt-USA, Economics, 7/17/1999 - UAE grants Cote d'Ivoire $6 million to complete mosque building United Arab Emirates-Cote D'Ivoire, Economics, 7/17/1999
- Cultivating Chinese medical herbs in Toshka Egypt, Economics, 7/17/1999
- Agreement for free trade between Egypt and Turkey Egypt-Turkey, Economics, 7/17/1999
- Japan lends Morocco $50 million for water projects
Japan will lend Morocco around $50 million destined to help the North African country supply drinking water to 600 villages hosting about 150,000 inhabitants. Morocco-Japan, Economics, 7/17/1999 - Egyptian fair opening in Eritrea today Egypt-Eritrea, Economics, 7/17/1999
- A permanent center for Egyptian products in Bosnia
A business delegation from Bosnia - Herzegovina is to arrive in Cairo on Tuesday to discuss aspects of commercial cooperation between Egypt and Bosnia. Egypt-Bosnia, Economics, 7/17/1999 - Airbus / Arrival Syria-France, Economics, 7/17/1999
- French road transporters will train Moroccan peers Morocco-France, Economics, 7/17/1999
- 25 billion pounds in Arab and foreign investments in Egypt Egypt-Regional, Economics, 7/16/1999
- Stopping exporting the Syrian olive oil Syria, Economics, 7/16/1999
- Morocco minister: Arab states need Air and Sea Transports cooperation, common railway network and driving license Regional, Economics, 7/16/1999
- Cairo hosts first international conference for tourism and marketing
Activities of the first international conference for tourism and marketing organized by the World Trade Center under the auspices of Egyptian Minister of Tourism Mamdouh El-Beltagi will start on Sunday for two days before the formal opening of the second Cairo festival for tourism and marketing organized by the Egyptian Ministry of Tourism on Tuesday. Regional-Egypt, Economics, 7/16/1999 - African Development Bank lends Algeria $ 500 million
The African Development Bank (ADB) has agreed to lend Algeria $ 500 Million to enable the North African country carry out socio-economic development projects. Algeria-Africa, Economics, 7/16/1999 - Technical problems in al-Baker port threaten to obstruct Iraqi exports
An oil source at the UN announced on Tuesday night that technical problems in al-Baker port may obstruct Iraqi oil exports, despite the recent increase in oil production. Iraq, Economics, 7/16/1999 - Resuming air flights between Egypt and Korea in October
South Korea agreed to resume its air trips to Cairo at the beginning of October. Egypt-South Korea, Economics, 7/16/1999 - African loan for Tunis worth $70 million
The African Development Bank agreed to grant Tunisia a loan of $70 million to support the agricultural private sector in Tunisia. Tunisia, Economics, 7/16/1999 - Establishing a private airline company in Taba
The executive steps for establishing a private airline company to attract tourism to Taba have started. Egypt, Business, 7/16/1999 - Turkey provides Israel with waters
A joint Turkish-Israeli committee will start within weeks work in order to install an undersea fresh water pipeline to Israel, which will be operated between the two sides. Israel-Turkey, Economics, 7/16/1999 - 57% decrease in commercial exchange between Egypt and Israel
Official sources in the Egyptian Ministry of Trade and Supply said that commercial exchange between Egypt and Israel decreased by nearly 57% between 1997 and 1998. Egypt-Regional, Economics, 7/16/1999 - Italian and US donations for Egyptian small business
The Egyptian Ministry of International Cooperation agreed with the U.S Agency for International Development and Egyptian company for guaranteeing small projects on financing a project to develop these small projects with $85 million for small projects all over Egypt. Egypt, Economics, 7/16/1999 - Morocco's chamber of advisors approves draft law on copyright Morocco, Economics, 7/16/1999
- Developing electronic trade between Egypt and Morocco Regional-Egypt, Economics, 7/16/1999
- Tunis: German company invests 100 million marks Tunisia-Germany, Economics, 7/16/1999
- 36,000 tons in June exports of Syrian cotton Syria, Economics, 7/16/1999
- Lebanese parliament endorses budget Lebanon, Economics, 7/16/1999
- Morocco and South Africa to step up energy cooperation
A delegation from the South African power company "Eskom" is visiting Morocco to review ways of fostering partnership with Moroccan National Electricity Office (ONE) in matters of energy and related sectors. Morocco-South Africa, Economics, 7/15/1999 - Demirel heads a businessmen's meeting his visit to Egypt
Saiid El-Taweel, chairman of the Egyptian Businessmen's Association said that Turkish President Suleyman Demirel will head during his visit to Egypt that will start on July 26 a delegation that will include more than 50 Turkish businessmen. Egypt-Turkey, Economics, 7/15/1999 - Spain supports new forms of fisheries cooperation with Morocco
Spanish Minister of Agriculture and Fisheries Jesus Posada said Spain supports new forms of cooperation with Morocco in matters of fisheries. Morocco-Spain, Economics, 7/15/1999 - Internet services for both the private and public sectors in Syria
The general establishment for telecommunications in Syria has started to provide Internet services to the private and public sectors and e-mail services to those who have a special status. Syria, Business, 7/15/1999 - Moroccan fund for supporting small projects
The Moroccan government under the chairmanship of Prime Minister Abderrahmane Youssoufi agreed on establishing a fund to support small and medium-sized projects with a capital of $31 million. Morocco, Business, 7/15/1999 - Morocco sets up work group that knows how to negotiate international agreements
Morocco set up Thursday a work group in charge of tracing the way of conducting international negotiations in matters of trade, industry, services and agriculture. Morocco, Economics, 7/15/1999 - Sugar plants strike costs Morocco $4.5 million
The week-long strike observed in Morocco's sugar plants have cost the kingdom around $4.5 million, Moroccan Industry Minister Alami Tazi told Tuesday the chamber of advisors. Morocco, Economics, 7/15/1999 - Festival for American shopping begins in Alexandria
The American shopping festival is starting today in Alexandria for the first time in Egypt and lasts for a week. Egypt-USA, Economics, 7/15/1999 - Lebanon will keep its gold reserves, and banking laws
Lebanese Prime Minister Salim al-Hoss has asserted that his country will not give up its gold reserves estimated at 9.222 million ounces as well as the "banking secret law" adopted in Lebanon since 1956. Lebanon, Economics, 7/14/1999 - French enterprises express confidence in Morocco
Leaders of several French industrial groups and enterprises who were received on Tuesday afternoon by King Hassan II, who is currently visiting France, expressed to the sovereign their confidence on the future of investments in Morocco. Morocco-France, Economics, 7/14/1999 - Morocco endeavors to settle Iraqi debt entailed by Gulf War
The Moroccan government endeavors to settle the debt entailed by the Gulf War and owed to 30 firms, Economy and Finance Minister Fathallah Oualalou said. Morocco-Iraq, Economics, 7/14/1999 - Citibank expands banking services in Egypt
U.S. Citibank's Egyptian branch is starting next week presenting personal banking services for its clients in Cairo, through services such as deposits, transfers, and issuing credit can be presented. Egypt, Business, 7/14/1999 - Fair for German technology in Cairo
The German companies will hold for the first time a fair in Cairo on October 17 - 20 under the title, "The fair of German technology Cairo 99" in the course of cooperation among German and Egyptian companies and for establishing joint projects between the two countries. Egypt-Germany, Economics, 7/14/1999 - Senegalese minister of fisheries and maritime transport in Morocco
Senegalese Minister of Fisheries and Maritime Transport Alassane Dialy Ndiaye started this Wednesday a visit to Morocco meant to enhance cooperation in maritime fisheries. Morocco-Senegal, Economics, 7/14/1999 - Selling Egyptian government's share in three banks, 12 companies
The Egyptian committee for following up on the privatization process under the chairmanship of Prime Minister Kamal El-Ganzouri decided to sell the Egyptian government's share in three banks and 12 joint companies to a main investor. Egypt, Economics, 7/14/1999 - Eight Moroccan companies in U.S. fancy food and confection show
Eight Moroccan agribusiness companies are taking part in the 45th international "Fancy Food and Confection show" currently being held in New York. Morocco-International, Economics, 7/14/1999 - Arab businesswomen set up council in Morocco
Arab businesswomen from Algeria, Egypt, Lebanon, Kuwait, Mauritania, Morocco, Oman, Palestine, Syria, Sudan, Saudi Arabia and Tunisia have set up a council to coordinate stands, foster partnership and trade experiences in management. Regional, Business, 7/14/1999 - Morocco is Hungary's major trade partner in the Maghreb
Morocco is the major economic partner of Hungary in the Maghreban region, visiting Hungarian Secretary of State in Charge of European Integration Peter Gottfried said Tuesday in Rabat. Morocco-Hungary, Economics, 7/14/1999 - Establishing the first Egyptian navigation line for COMESA harbors Egypt-Africa, Economics, 7/14/1999
- Moroccan-Libyan committee calls for development of trade exchange
The Moroccan-Libyan committee in charge of industry and commerce held in Rabat last week called for the development of trade exchange and economic cooperation between the two Maghreban countries. Morocco-Libya, Economics, 7/13/1999 - $400 million in Gulf contracts with in oil-for-food program Iraq-Regional, Economics, 7/13/1999
- Arab, African meeting on digital trade opens in Rabat
An Arab-African regional meeting on digital trade opened in Rabat this Tuesday to debate the issue of digital trade as an inevitable path of international transactions. Regional, Economics, 7/13/1999 - EU grants Morocco $5.1 million in aid to back privatization program
The European Union on Monday granted Morocco $5.1 million aid to back up the country's privatization program. Morocco-European Union, Economics, 7/13/1999 - Bahrain stock exchange up Bahrain, Economics, 7/12/1999
- Oman prepares for electricity and water privatization Oman, Economics, 7/12/1999
- World Bank approves $38.1 million loan for Mauritania Mauritania-World Bank, Economics, 7/12/1999
- British donation to Jordan Jordan-UK, Economics, 7/12/1999