Arabic News Weekly Edition for Economics, 8/30/1999
Weekly Edition, Economics - Week of August 30, 1999
- Oman records slight increase in oil exports Oman, Economics, 9/4/1999
- Bahrain, US to sign treaty Bahrain-USA, Economics, 9/4/1999
- Marrakesh among finalists for Australia's travel industry trophy Morocco-Australia, Economics, 9/4/1999
- Egyptian delegation to visit Tripoli
Mostafa Mekawi, the advisor for the chairman Egyptian trade bureau in Tripoli, said the delegation would take part in the inauguration of the African national industries' fair tomorrow, organized by the Libyan fair department. Libya-Egypt, Economics, 9/4/1999 - Saudi - Egyptian customs duties reductions of 40 percent the first year
During the meeting, the two sides are to endorse an agreement to establish a free trade zone between Saudi Arabia and Egypt, that will substitute for the commercial part of the agreement for technical, investment, commercial and economic cooperation signed between Egypt and Saudi Arabia, whose work has been stopped. Saudi Arabia-Egypt, Economics, 9/4/1999 - Three Tunisian banks to begin merger
The first executive measures of the first merger of three Tunisian banks are to begin today. Tunisia, Economics, 9/4/1999 - Morocco hosts G-77 ministerial conference
Marrakesh will host this September 13-16 the Group of 77 ministerial conference to define documents and positions for the 10th UNCTAD session (UN Conference on Trade and Development). Regional-Morocco, Economics, 9/4/1999 - Moroccan-Spanish group to build PVC plant in Morocco
A Moroccan-Spanish group is projecting to carry out an industrial plant for the construction of PVC tubes and accessories (polyvinyl-chloride). Morocco-Spain, Business, 9/4/1999 - Indian business delegation meets Moroccan minister
Moroccan Minister of Trade, Industry and Handicraft Alami Tazi called Thursday Indian economic operators to seize the numerous business and trade opportunities in Morocco. Morocco-India, Economics, 9/4/1999 - Increase expected in Gulf economic growth due to higher oil prices
Gulf sources said today that a good jump is expected to take place in the Gulf states' economic growth, due to the continuous increase in the prices of petroleum in the world markets. Gulf, Economics, 9/4/1999 - Tunisian olive oil exports increase dramatically
Tunisian official statistics indicated a strong increase in the value of olive oil exports from Tunis within the first seven months of 1999 to reach 216.3 million dinars (1 US dollar = 1.19 dinar) compared to 121.5 million dinars in the same period last year. Tunisia, Economics, 9/3/1999 - Tunisia return to usual work hours Tunisia, Economics, 9/3/1999
- Portugal seeks to renew fishery agreement with Morocco
A Portuguese diplomatic source said that his country seeks to discuss the ratification of a new accord allowing Portuguese ships to fish in Moroccan waters by the end of the current agreement in November. Morocco-Portugal, Economics, 9/3/1999 - Egyptian business delegation to visit Indonesia as trade increases by 23 percent
The Indonesia embassy in Cairo is organizing a working visit for a number of Egyptian businessmen to hold talks and consultations with their Indonesian counterparts on the establishment of mutual projects for investment and trade. These consultations will take place on the sidelines of the 14th annual Indonesian conference held on October 20 - 24 in Jakarta. Egypt-Indonesia, Business, 9/3/1999 - Israeli diamond exports increase in August
The Israeli Ministry of Trade and Industry released a statement today, saying that Israel's total diamond exports in August increased by 93% compared to the same month last year, reaching $278 million. Israel, Economics, 9/3/1999 - Consumex 99 exhibition in Oman Oman, Business, 9/2/1999
- Morocco's industry, energy and mining perform well in 1999
Morocco's industry, energy and mining production made a good performance during the second three months of 1999, in comparison with the same period of 1998, according to the newsletter of the statistics department. Morocco, Economics, 9/2/1999 - IMF lifts ban on cooperation with Sudan
The International Monetary Fund has decided to lift the embargo on cooperating with Sudan following the progress made in implementing economic policies and governmental reforms in the country. Sudan, Economics, 9/2/1999 - Egyptian central bank raises up 500 million dollars in market
Egyptian investors and bankers said today that the Egyptian central bank has succeeded in easing the crisis of the loss of dollars by raising at least $500 million in the foreign exchange market since last Sunday. Egypt, Economics, 9/2/1999 - On tourism in Jordan
Jordanian Minister of Tourism Aqel Biltaji has announced that he expects that during the celebration of the third millennium Jordan will be visited by 800,000 tourists, among some three million tourists who will visit the region on this occasion. Jordan, Economics, 9/2/1999 - Iraq, Vietnam seek economic cooperation
In light of the sixth phase of the oil-for-food program, the value of the contracts ratified between Iraq and Vietnam amounted to $100 million. Iraq-Vietnam, Economics, 9/2/1999 - Unemployment rate in Morocco downs to 12.9 %
Morocco's jobless rate shrank to 12.9 % to stand at 1.32 million during the second quarter of 1999 compared with the first quarter, says a report by the Moroccan statistics department. Morocco, Economics, 9/2/1999 - US wheat aid to Jordan Jordan-USA, Economics, 9/2/1999
- Measures underway to return Pakistani workers to Jordan Jordan-Pakistan, Economics, 9/2/1999
- Egyptian - Sudanese talks on petroleum cooperation
Coming from Khartoum, after taking part in Sudan's celebrations of exporting the first cargo of raw petroleum outside the state, Egyptian Minister of Petroleum Hamdi El-Banbi and his accompanying delegation returned to Cairo yesterday evening. Sudan-Egypt, Economics, 9/1/1999 - Abdul Meguid welcomes export of first Sudanese petroleum cargo
Arab League Secretary General Esmat Abdul Meguid welcomed the Sudanese step of exporting the first cargo of raw petroleum and joining the international group of countries that export petroleum, OPEC. Sudan, Economics, 9/1/1999 - Saudi airlines return to Algeria today
The Algerian News Agency said that the Saudi airline announced on Tuesday in Algeria that it will resume as of today its flights to Algeria, following a cessation of five years. Saudi Arabia-Algeria, Business, 9/1/1999 - 100 US companies take part in second annual food fair
The agricultural sector of the US embassy in Cairo organizes the second annual fair for US agricultural and foodstuffs, in which more than 100 US companies working in the agricultural and food production are taking part. Egypt-USA, Economics, 9/1/1999 - Petrol prices up in Morocco
The petrol prices in Morocco went up this September 1 by 4.2% while that of diesel soared by 10.4%. Morocco, Economics, 9/1/1999 - New A.L. budget worth $26.5 million
The Arab League league will better focus its limited resources to produce results that will serve the Arab States' cause. Regional, Economics, 8/31/1999 - Volume of trade between Egypt, Holland increases by 10%
A delegation of Dutch businessmen representing 35 major companies, chaired by Bram Westerdwin, assistant Dutch minister of transport, public works and water management, to pay a visit to Egypt, starting on November 1 and lasting for several days. Egypt-Netherlands, Economics, 8/31/1999 - Moroccan-Portuguese high commission meets next September
The Moroccan-Portuguese high commission will meet next September 6-7 in Tangiers (Northern Morocco) to discuss partnership projects to bolster trade exchanges and economic cooperation. Morocco-Portugal, Economics, 8/31/1999 - Sudan starts oil exports
Sudan on Monday exported the first shipment of its crude oil. A carrier heading for Singapore was loaded with 600,000 barrels of oil from Port Sudan harbor. Sudan, Economics, 8/31/1999 - Morocco and USA sign donation accord
Morocco and the USA signed Monday in Rabat a donation agreement meant to consolidate Moroccan-US economic ties, part of the "Eizenstat Initiative." Morocco-USA, Economics, 8/31/1999 - Iraq pumps oil for Turkey
Iraq has started oil pumping at a value of US $10 million to Turkey as a contribution to alleviate the consequences of the destructive earthquake which hit the country this month. Iraq-Turkey, Economics, 8/31/1999 - Bahrain, Texaco sign oil agreement Bahrain, Business, 8/31/1999
- Syrian, Jordanian businessmen discuss relations
Relations of industrial cooperation and coordination as well as trade exchange between Syria and Jordan and means of accelerating them were discussed on Sunday in Damascus between the chairman of the Damascus Chamber of Industry, Yahya al-Hindi, and a delegation representing Jordanian industrialists and businessmen, led by chairman of the Amman Chamber of Industry, Khaldoun Abu Hassan. Syria-Jordan, Economics, 8/30/1999 - Syrian economic development reviewed at 46th Damascus International Fair
The 46th Damascus International Fair was opened on Saturday night by Syrian Minister of Economy Muhammad al-Imadi, who acted on behalf of President Hafez al-Assad at the DIF's inauguration ceremony. Syria, Economics, 8/30/1999 - A conference for electronic trade in Beirut
The first Arab international regional conference for electronic trade is to be held on September 1 at the Bristol Hotel in Beirut. Lebanon-International, Economics, 8/30/1999 - Delegation of Egyptian petroleum companies visits Baghdad
A delegation representing Egyptian petroleum companies is to visit Baghdad today, in the second visit of its sort in two weeks, where last week a delegation chaired by the head of the geological department of petroleum, Maged Abd El-Haleem, visited Iraq. Egypt-Iraq, Economics, 8/30/1999 - USA donates Jordan $50 million
The United States of America granted Jordan $50 million part of the US annual economic assistance to Amman, said the US ambassador in Amman. Jordan-USA, Economics, 8/30/1999