Arabic News Weekly Edition for Economics, 8/9/1999
Weekly Edition, Economics - Week of August 9, 1999
- Arab businesswomen demand hastening of Arab free trade zone
An economic assembly of Arab businesswomen in Tunisia called for hastening the establishment of a greater Arab free trade zone and said that the Arab states could support economic reforms to increasing the participation of financial corporations in investment in Arab countries. Regional, Business, 8/14/1999 - Egypt to participate in five international commercial fairs Egypt, Economics, 8/14/1999
- Egyptian - South African high committee due to meet on October
The high joint committee for economic cooperation between Egypt and South Africa is due to meet in Johannesburg, South African during October, under the chairmanship of Egyptian Minister of Trade and Supply Ahmed Gowili and South African Minister of Trade and Industry Alec Erwin. Egypt-South Africa, Economics, 8/14/1999 - Egyptian Orascom to expand phone service through the Arab states
The Egyptian Orascom Technologies company and the Emirates company have endorsed an agreement to establish a company along with the holding company for communications in Algeria, with the aim of establishing and activating a telephone network by the GSM system through investments amounting to $1 billion. Egypt-Regional, Business, 8/14/1999 - Iraq starts project to develop Saddam Hussein International Airport
Iraqi contracting companies started executive steps for maintaining and developing Saddam Hussein International Airport in the Iraqi capital, Baghdad, which had stopped since the 1990 Gulf War. Iraq, Economics, 8/14/1999 - Privatizing the Mauritanian postal corporation Mauritania, Economics, 8/14/1999
- Egyptian delegation to visit Libya tomorrow
A delegation of Egyptian businessmen is to start a visit to Libya tomorrow to participate in the meetings of the board of directors of the Libyan - Egyptian economic chamber, which is starting its works in Banghazi on Sunday. Egypt-Libya, Economics, 8/13/1999 - Al-Hoss: We are addressing economic and social issues
Lebanese Prime Minister Salim al-Hoss has asserted that Lebanon is trying to comprehend the results of the new world economic policy through preparing the necessary social and economic structures to cope with these developments and to benefit from available chances in this regard. Lebanon-International, Economics, 8/13/1999 - Iraq accuses sanctions committee of obstructing the petroleum sector
Iraq has accused the UN sanctions committee of obstructing contracts it endorsed with international companies to import control systems and contracts with the petroleum sector. Iraq-UN, Economics, 8/13/1999 - Tunisian transfers from abroad worth $980 million
The transfers of Tunisians working abroad to their homeland amounted to nearly $890 million last year. Tunisia, Economics, 8/13/1999 - Egyptian discussions with the World Bank
Egyptian Minister of Public Works Atef Ebeid said that discussions of fields of future cooperation and Egypt's future plans in development fields, especially in light of Egypt's economic reform program, took place during his meeting yesterday with the mission of the World Bank that is currently visiting Cairo under the chairmanship of Larry Everan, following up and relations manger in the bank. Egypt-World Bank, Economics, 8/13/1999 - Three Egyptian textile companies to be sold in the next three months
The Egyptian holding company for textiles and trade decided to raise three governmental textile companies for sale during the next three months. These companies are Shbeen El-Kom for fabrics and textiles, Stea for textiles and El-Wadi for cotton, which will be sold to a main investor, said Adel Yassin, head of the economic sector in the holding company. Egypt, Business, 8/13/1999 - Six countries to join Arab market
The secretary general of Arab Economic Unity Council in Cairo, Hassan Ibrahim, announced there are six countries currently examining joining the Arab common market: Algeria, Lebanon, Morocco, Palestine, Tunis, and Sudan. Regional, Economics, 8/12/1999 - Moroccan minister hails partnership accord project between government and textile professionals
Moroccan Industry Minister Alami Tazi underlined Wednesday in Rabat the importance of the draft partnership accord between government and textile professionals for the development of the sector and its competitiveness. Morocco, Economics, 8/12/1999 - Egyptian privatization committee reviews projects with Korean companies
The Egyptian ministerial committee on privatization, meeting yesterday under Prime Minsiter Kamal El-Ganzouri, discussed four joint projects with Korean companies. Egypt-South Korea, Business, 8/12/1999 - Kuwait raises fuel prices Kuwait, Economics, 8/12/1999
- Air-France Signs Code-Sharing Accord With Tunisair Tunisia-France, Business, 8/12/1999
- Egyptian bureau for activating tourism in Ukraine Egypt-Ukraine, Economics, 8/12/1999
- French Accor company plans to run 40 hotels in Egypt
Ahmed El-Maghrebi, the head of board of directors of the French company Accor in Egypt, said that the number of hotels run by the company in Egypt has currently reached 23 and that the company is planning to increase this number to 40 during the next few years. Egypt-France, Business, 8/12/1999 - Boosting cooperation between Iraq, Egypt
Iraqi Minister of Industry and Minerals Adnan Abd al-Majid Jasim al-Ani and the head of Egyptian interests in Baghdad, Mahmoud Sherif Rihan, have discussed means of boosting relations between the two countries. Iraq-Egypt, Economics, 8/11/1999 - Lebanon, World Bank sign agreement
Lebanon and the World Bank on Tuesday in Beirut signed an agreement to establish a permanent bureau for the bank in Beirut. Lebanon-World Bank, Economics, 8/11/1999 - U.S. Congressional delegation to Egypt
A US Congressional delegation is to visit Egypt for one day on coming Friday. During this visit, the members of Congress delegation will hold talks with number of high-ranking officials in sectors of civil aviation and trade maritime transport. Egypt-USA, Economics, 8/11/1999 - Government sells entire share in Jordanian electric company
Jordanian officials said that the government sold yesterday its share of 8% in the Jordanian electric company to local investors. Jordan, Business, 8/11/1999 - Egypt signs contract for Port Said containers dock Egypt, Business, 8/11/1999
- Ethiopia to get 46,000 tons in EU relief food
The European Commission is to provide Ethiopia over 46,000 metric tonnes of relief food for drought-affected people in the northern, north-western, central and southern parts of the country Ethiopia, Economics, 8/11/1999 - West African gas pipeline project gets a boost
The four-nation West African gas pipeline project is to receive a major boost with the signing of two agreements between Nigeria, Benin, Togo and Ghana and another agreement by the six companies forming the consortium for the gas project Regional, Economics, 8/11/1999 - Morocco's agribusiness up 6.4 percent in 1998 Morocco, Economics, 8/11/1999
- Egypt participates in meeting of the African ministers of trade Egypt-Africa, Economics, 8/10/1999
- US dismisses oil dumping claim Iraq-Saudi Arabia-USA, Economics, 8/10/1999
- Morocco's central bank reserves on the rise
The currency reserves of Morocco's central bank, Bank Al-Maghrib, have exceeded for the first time $5 billion (50 billion dirhams), the Moroccan Economy and Finance Ministry said in a release. Morocco, Economics, 8/10/1999 - Chief of the Dutch Shell company in Syria Syria, Business, 8/10/1999
- Yemen - EU dialogue Yemen-European Union, Economics, 8/10/1999
- Morocco to computerize sports lottery at $18 million
The Moroccan sports lottery company has concluded a $18 million (180-million dirham) partnership accord with US GTECH Corporation, for the computerization of sports lottery in Morocco. Morocco, Business, 8/10/1999 - Sudan plans to upgrade water resources
Sudanese Minister of Irrigation and Water Resources Kamal Ali Muhammad said that Sudan has a complete national strategy for upgrading water resources Sudan, Economics, 8/9/1999 - New Islamic investment bank licensed in Bahrain Bahrain, Business, 8/9/1999
- Winner of 2nd GSM license hands over Morocco $1.08 billion
The International telecom consortium led by Spain's Telefonica, which won last month Morocco's 2nd GSM-mobile license, paid last week the Moroccan State $1.08 billion for getting the license. Morocco, Business, 8/9/1999 - Jordan - Saudi - chicken imports Jordan-Saudi Arabia, Economics, 8/9/1999