Arabic News Weekly Edition for Economics, 10/11/1999
Weekly Edition, Economics - Week of October 11, 1999
- Tunisia studies free-trade area project with Morocco
The materialization of the Moroccan-Tunisian project to set up a free trade area was studied Friday in Tunis between Tunisian Industry Minister Moncef Ben Abdellah and head of the Moroccan-Tunisian Business Council, M'hamed Mezzour. Tunisia-Morocco, Economics, 10/16/1999 - Youssoufi: Food, water resources, vital tool for Arab states' sustained development
Food and water resources are vital for the Arab world to reach a sustained development, Moroccan Premier Abderrahmane Youssoufi said on Friday. Regional-Morocco, Economics, 10/16/1999 - Arab businesswomen set structures of their council
Businesswomen from 16 Arab states, including , who are holding their 4th congress here started setting the structures of the council of Arab business-women to be based in Cairo. Regional, Business, 10/16/1999 - A meeting for Arab businessmen in Aswan
The Arab businessmen will convene on November 27 in a four-day meeting for Arab economists and businessmen that will be held in the Egyptian city of Aswan. Regional, Business, 10/16/1999 - EU earmarks 3.3 million euros to back Morocco's employment drive
The European Commission on Wednesday earmarked 3.3 million euros to back Morocco's employment drive, the Commission's delegation in Rabat said. Morocco-European Union, Economics, 10/16/1999 - Agadir to host African fisheries training center
The Moroccan southern city of Agadir is to host an African fisheries training center. Morocco-Africa, Economics, 10/16/1999 - African conference calls for new world order of sea products marketing
The twenty-two member countries of the ministerial conference on fisheries cooperation between African Atlantic countries called for a new fair world order of sea products marketing. Regional, Economics, 10/16/1999 - 82 Egyptian companies participate in Baghdad International Fair
82 Egyptian companies from the public and private sector agreed to participate in the Baghdad International Fair, which is to start on November 1. This came in a statement issued by the Egyptian markets and fairs organization. Egypt-Iraq, Economics, 10/16/1999 - Fair for Iranian products in Cairo
Egyptian capital, Cairo, will witness on November 1 - 7 the first fair for Iranian products, with the participation of 100 Iranian companies. Egypt-Iran, Economics, 10/16/1999 - Moroccan-Italian economic ties to be debated in Bologna
A delegation of businessmen and economic operators --led by minister of trade, industry and handicraft, Alami Tazi-- will participate in the event and discuss with Italian peers some 26 cooperation projects in the fields of car industry, textile, ready-to wear, shoes, pharmaceutical industry, and construction. Morocco-Italy, Economics, 10/16/1999 - Arab businesswomen begin meeting in Beirut
A conference for the Arab businesswomen starts today in Beirut to declare the establishment of a council of Arab businesswomen, whose headquarters will be in Cairo under the auspices of the Arab League. Regional, Business, 10/15/1999 - Japan donates Palestinians $15 million
Japan has extended the Palestinian National Authority $15 million aid for the construction of school facilities for basic education in the West Bank. Palestine-Japan, Economics, 10/15/1999 - Kuwaiti, Algerian companies sign hotel management accord Algeria-Kuwait, Business, 10/15/1999
- King Fahd Airport to be inaugurated at end of October
King Fahd International Airport will be opened on October 27 in Dammam. It is to be the most modern airport in Middle East and the third international airport in Saudi Arabia. Saudi Arabia, Business, 10/15/1999 - Cairo to host seventh conference for mineral wealth
The Arab Organization for Industrial Development and Mining will hold in cooperation with the Egyptian Ministry of Industry and Mineral Wealth the seventh Arab conference for mineral wealth on October 25 - 28, under the slogan, "The Arab minerals are in the service of economic development" and with the patronage of Egyptian President Hosni Mubarak. Regional, Economics, 10/15/1999 - $10.41 billion dinar budget for Tunisia in 2000
A statement of the Tunisian Ministry of Finance said the general budget for the coming year will give priority to the social sectors, for which 61% of the general expanses will be specified, especially in the fields of education, health, scientific research, culture and vocational training. Tunisia, Economics, 10/15/1999 - Morocco's cost of living index on the rise Morocco, Economics, 10/15/1999
- Iraqi delegation to visit Beijing soon Iraq-China, Economics, 10/15/1999
- $40 million dollar from Arab Bank to develop African countries Regional-Africa, Economics, 10/15/1999
- US - Egyptian economic discussions in Cairo
Egyptian Foreign Minister Amr Moussa met with US Assistant Secretary of State for Economic Affairs Alan Larson, who said after the meeting that he discussed the US - Egyptian partnership through the Gore - Mubarak initiative and its role in pushing forward the goal of economic development in Egypt. Egypt-USA, Economics, 10/14/1999 - Egyptian-Moroccan business council meets in Cairo as low trade levels continue
The Moroccan-Egyptian business council is currently holding its third session in Cairo to assess the level of trade exchanges between the two states and identify obstacles hampering the promotion of these exchanges. Egypt-Morocco, Economics, 10/14/1999 - Moroccan-Swedish Information Technology Partnership
Posts and information technology minister Larbi Ajjoul called in Rabat Wednesday for a genuine partnership between Morocco and Sweden in the realms of telecommunications and modern information technology Morocco-Sweden, Economics, 10/14/1999 - Morocco, Romania sign economic convention
Morocco and Romania signed last Monday a new convention on economic and technical cooperation that replaces the accords signed in 1970 and 1987. Morocco-Romania, Economics, 10/14/1999 - $600,000 Chinese donation for Tunis Tunisia-China, Economics, 10/14/1999
- Moroccan, Libyan Airliners to Service Flights between the two states
Morocco's Airliner Royal Air Maroc (RAM) and the Libyan Arab Airlines agreed to service two weekly flights between Morocco and Libya. Morocco-Libya, Economics, 10/14/1999 - Morocco, Guinea assess fisheries cooperation
Morocco and Guinea have assessed their cooperation in matters of fisheries and discussed the implementation of the fisheries accord that was concluded by the two countries last May. Morocco-Guinea, Economics, 10/14/1999 - Morocco denies resumption of talks on fisheries with EU
Morocco has denied the resumption Friday in Brussels of talks on fisheries with the European Union announced in some media. Morocco-European Union, Economics, 10/14/1999 - Vanco Energy Company strikes deal with Lasmo Offshore Morocco
Vanco Energy Company of Houston has taken an agreement from Lasmo PLC for a 60% interest in the Ras Tafelney permit offshore Morocco, and will begin a second seismic survey this month Morocco, Business, 10/14/1999 - Moussa receives coordinator of Swiss initiative for commercial cooperation
Egyptian Foreign Minister Amr Moussa received Arther Dancul, the coordinator of the special Swiss initiative for commercial cooperation between the countries of the Middle East and North Africa. Egypt-Switzerland, Economics, 10/13/1999 - Egyptian - German economic talks
Egyptian Minister of Economy and Foreign Trade Yousef Butros Ghali met yesterday with Dieter Posch, the minister of economy in Hessen province in Germany, who is visit in Egypt now at the head of a large delegation from economists, bankers, businessmen, members of commercial and industrial chambers in Hessen, and representatives of the medium-sized and small projects. Egypt-Germany, Economics, 10/13/1999 - German labor minister in Morocco Saturday Morocco-Germany, Economics, 10/13/1999
- 21 countries participate in Algerian International Fair
The 32nd Algerian International Fair opened yesterday in Algeria, in which 21 countries participate and which is expected to be attended by 400,000 visitors in 11 days. Algeria, Economics, 10/13/1999 - Tunis hosts Moroccan-Tunisian partnership meeting next week
The meeting is meant to upgrade economic partnership between the two states and enhance relations between economic operators. Tunisia-Morocco, Economics, 10/13/1999 - Discovering gold mines in Yemen Yemen, Economics, 10/13/1999
- Kuwaiti banks scores profits
The National Bank of Kuwait has announced it achieved net profits during the first nine months of this year estimated at US $225, representing a profit increase rate of 13% over the figures of the same period for 1998. Kuwait, Business, 10/13/1999 - Arab economists union meets in Morocco Regional, Economics, 10/13/1999
- Euro - Mediterranean conference on water management in Turin next week
The two-day conference to start proceedings next Monday will approve a strategic plan on water management, quality and availability in the Mediterranean region. Regional, Economics, 10/13/1999 - Oman marks start of Sohar Port construction Oman, Economics, 10/12/1999
- Arab businesswomen hold congress in Beirut
Arab businesswomen from 16 Arab states, will hold their 4th congress in Beirut next Friday and Saturday to finalize the setting up of the council of Arab business-women. Regional, Business, 10/12/1999 - Two Indonesian ministers visit Iraq today
Indonesia's minister of energy and minerals and of trade and industries will start a four-day visit to Iraq today, during which they will hold trade and oil talks with Iraqi officials. Iraq-Indonesia, Economics, 10/12/1999 - US secretary of commerce starts visit to Cairo tomorrow
US Secretary of Commerce William Daley is starting tomorrow a visit to Cairo in the course of a tour of many countries in the Middle East. Egypt-USA, Economics, 10/12/1999 - UK ambassador discusses establishing British university and increasing investment in Egypt
Graham Polis, the UK ambassador at Cairo, said that a study is currently being made to establish a UK university in Egypt to work during three years, saying that establishing it comes within the UK instructions to increase the volume of dealings with Egypt and develop relations on all tracks. Egypt-UK, Economics, 10/12/1999 - Morocco ready to cede 40% of carrier capital to private sector
Morocco said it was ready to cede 40% of the capital of the state-owned carrier Royal Air Maroc (RAM) to private operators. Morocco, Business, 10/12/1999 - Nigeria Begins Export of Natural Gas
Nigeria exported over the weekend its first cargo of natural gas to France, officials of the Liquefied Natural Gas of Nigeria company said in Lagos Monday. Regional, Economics, 10/12/1999 - Ebeid to meet with World Bank delegation Egypt, Economics, 10/11/1999
- US official to visit Egypt
US Assistant Secretary of State for Economic Affairs Alan Larson is to arrive tomorrow in Cairo for the first time since he succeeded Stuart Eizenstat in that capacity. Egypt-USA, Economics, 10/11/1999 - Algeria achieves $166 million commercial surplus in August
Official statistics showed yesterday that Algeria achieved a commercial surplus of $166 million in August of this year due to the increase of petroleum prices in the international markets. Algeria, Economics, 10/11/1999 - Jordanian, US trade relations highlighted
Jordanian Prime Minister Abdul Raouf al-Rawabdeh on Sunday discussed with the US Secretary of Commerce William Daley trade and economic cooperation relations between the two countries, US economic and financial backing to Jordan and the establishment of joint investments and more qualified industrial zones in Jordan. Jordan-USA, Economics, 10/11/1999