Arabic News Weekly Edition for Economics, 12/13/1999
Weekly Edition, Economics - Week of December 13, 1999
- Ebeid tells parliament on implementing Mubarak's reform program
Ebeid unleashed a string of practical measures and decisions that would immediately resolve the problems irritating many social categories. Egypt, Economics, 12/18/1999 - Egypt: get a contract if you are going to Qatar for work Egypt-Qatar, Economics, 12/18/1999
- $ 753 Million in trade between Egyptian and Saudi Arabia
Trade Exchange between two of the strongest Arab economies, Saudi Arabia and Egypt, have increased, but Egypt's share of these exports have seen a strong decrease. Saudi Arabia-Egypt, Economics, 12/18/1999 - Egyptian economy witnesses promising performance
the Institution made clear that during the past two years, the Egyptian economy was so strong to face pressures and challenges after the decrease in the revenues of oil and tourism. It further mentioned that the local growth rate was within 5%, inflation rate decreased to 2.4% and the budget deficit was stable at 1.3%. Egypt, Economics, 12/18/1999 - Some 42,000 people hired in the frame of the training-for-employment action
Some 42,000 high degree holders out of 100,000 have been hired so far in the frame of the training-for-employment action. Morocco, Economics, 12/18/1999 - Bahrain, UAE reach 'open skies' agreement Bahrain-United Arab Emirates, Economics, 12/17/1999
- FAO blames civil strife for food shortage in africa
The UN Food and Agriculture Organization has said starvation is occurring in certain parts of Somalia as close to 1.6 million people in strife-torn country are cut off from relief operations. Regional, Economics, 12/17/1999 - Bilateral discussions between Lebanon and Uruguay Lebanon-Uruguay, Economics, 12/17/1999
- Government adopts Moroccan five-year development plan project
The government council chaired by Premier Abderrahmane Youssoufi adopted Thursday the 1999-2004 development plan project and said it would submit the document to the minesterial council and the higher promotion and planning council soon to be set up. Morocco, Economics, 12/17/1999 - King Mohammed address government on 1999-2004 development plan
The global development we are seeking means the country's promotion in the economic, social, cultural and political fields so all layers of the Moroccan society will profit from progress, King Mohammed VI said. Morocco, Economics, 12/17/1999 - Jordanian royal cars to pay taxes
The Jordanian dailies issued on Wednesday said that King Abdullah II has asked the government of Prime Minister Abdul Raouf al-Rawabdeh to stop exempting cars imported for the royal palace from tax fees. Jordan, Economics, 12/17/1999 - Mubarak invites Bouteflika to attend COMESA summit
Algerian President Abdelaziz Botueflika received an invitation from Egyptian President Hosni Mubarak that included inviting him as chairman of the Organization of African Unity to attend the COMESA conference that will be held on February 28 and 29. Egypt-Algeria-OAU, Economics, 12/17/1999 - USA plans to invest $4 billion in Morocco
The United States is planning to invest a total of $4 billion to help Morocco improve the quality of its services and products, US ambassador in Rabat, Edward Gabriel, announced at a lecture in the USA. Morocco-USA, Economics, 12/17/1999 - Teachers of medicine and pharmacy college observe 2nd strike and march Morocco, Economics, 12/17/1999
- Invitation to Saudi minister of justice to visit Egypt
Saudi Minister of Labor and Social Affairs Ali bin Ibrahim Namla received an invitation to visit Egypt from Egyptian Minister of Manpower Ahmed El-Amawi. Saudi Arabia-Egypt, Economics, 12/17/1999 - International companies offer to participate in halted Iraqi electricity projects
Iraq said that some of the international companies specializing in the electricity sector presented offers to ratify contracts to export equipment, machines and spare parts needed by Iraq in this field. Iraq, Economics, 12/17/1999 - 1,717 billion Japanese yen donation for Palestine
The Japanese government pledged to present donations in shape of aid to the Palestinian government worth 1,717 billion Japanese yen to be specified for financing projects to develop and improve water distribution networks in the northern areas of the West Bank. Palestine-Japan, Economics, 12/17/1999 - Telephone lines established between Israel and Indonesia
The Israeli Foreign Ministry on Tuesday evening announced the establishment of a direct international telephone line that permits contacts between Israel and Indonesia in both directions. Israel-Indonesia, Economics, 12/16/1999 - Morocco decrees three-month stoppage for cephalopod fisheries Morocco, Economics, 12/16/1999
- Islamic Development Bank approves over $200 million in new loans Regional, Economics, 12/16/1999
- UAE's state oil company wants to invest in Indonesia
Emirates General Petroleum Corporation, the United Arab Emirates' (UAE) state oil company, plans to invest in the integrated economic development zone of the Indonesian region of Sabang, Indonesian news agency ANTARA said, quoting a local official. United Arab Emirates-Indonesia, Business, 12/16/1999 - Morocco's privatization plans attract international interest
Morocco's privatization program, formally begun in 1993, is expected to bring in at least $3 billion over the next three to five years, wrote the Washington Post. Morocco-USA, Economics, 12/16/1999 - Egypt's first suspension bridge, evidence of Egyptian-Japanese cooperation
Minister of Transport Ibrahim El-Demiri and the Japanese Ambassador in Cairo Fali Yasuto on Tuesday inspected the location of Egypt's first suspension bridge and gave the go-ahead for the implementation of the joint project. Egypt-Japan, Economics, 12/16/1999 - Jordanian - Egyptian tourism programs
Egyptian Businessmen's Association asked for cooperation with Jordan in the field of tourism and for making haste in creating joint tourism programs to attract more tourists to the two countries. Egypt-Jordan, Economics, 12/16/1999 - Gulf Air waits for clearance to use UK airspace at new year Bahrain-UK, Business, 12/16/1999
- US announces initiatives to promote energy investment in Africa
US Energy Secretary Bill Richardson has announced a number of US initiatives aimed at promoting investment in Africa's energy sector and enhancing the continent's capacities in that area. Regional-International, Economics, 12/16/1999 - Syrian agronomists undergo training in Morocco
A team of 21 Syrian agronomists are undergoing a training session in Morocco on the topic of communication in the rural world. Morocco-Syria, Economics, 12/15/1999 - Saudi Arabia denies trade links with Israel Saudi Arabia, Economics, 12/15/1999
- Moroccan, lebanese industrial research institutes sign accord
A cooperation accord was concluded in Beirut on Tuesday between the Moroccan and the Lebanese industrial research institutes, "Le Laboratoire Public d'Etudes et d'Essais" (LPEE) and "L'Institut de Recherches Industrielles." Lebanon-Morocco, Economics, 12/15/1999 - Yemeni workers end strike
Workers and employees at the Yemeni ports have resumed work after they observed a general strike on Tuesday, demanding an increase in their salaries. Yemen, Economics, 12/15/1999 - Lebanese Cabinet permits 'temporary' imports of Intel products
The Lebanese Cabinet today will discuss the question of importing computer parts produced by the Intel company to the Lebanese markets after the Lebanese customs confiscated imports from this company at Beirut's airport because its name is on the black list of companies dealing with Israel. Lebanon, Business, 12/15/1999 - US investors called to get involved in Morocco's telecom liberalization process
Moroccan economy and finance minister, Fathallah Oualalou, has called American investors to take part in the underway liberalization process of Morocco's telecom sector which is booming. Morocco-USA, Economics, 12/15/1999 - Qatari group to process waste paper for sale as "handmade" paper Qatar, Business, 12/15/1999
- UAE association wants nationwide construction code United Arab Emirates, Economics, 12/15/1999
- Conference on Africa's energy in US
Government officials and businessmen from Africa and the USA began Tuesday a three-day conference here to debate the sustainable development of Africa's energy sector under an enhanced US-Africa partnership Regional, Economics, 12/15/1999 - UAE To Organize Trade Exhibition In Algeria Next May United Arab Emirates-Algeria, Economics, 12/14/1999
- A 70% increase in Moroccan-Austrian trade
Trade exchange between Morocco and Austria recorded a 70% increase totalling 623.7 million Dhs in the first eight months of the year, instead of 365.3 million Dhs for the same period last year. Morocco-Austria, Economics, 12/14/1999 - Mubarak monitors economic performance, projects developments Egypt, Economics, 12/14/1999
- Egypt ranks first among 33 world emerging markets
Egypt came first among 33 emerging capital markets at a global level for the seventh consecutive month this year, according to the recent report by the International Finance Corporation (IFC). Egypt, Economics, 12/14/1999 - Privatization program poised to earn Morocco $350 million Morocco, Economics, 12/14/1999
- Trade exchange between Arab Gulf states and Iraq
Arab Gulf sources have said that several Arab Gulf states are developing their economic relations with Iraq. Gulf-Iraq, Economics, 12/14/1999 - Tourism in Morocco picking up with a 18.7% increase
A total of 2,039,751 million foreign tourists visited Morocco in the first ten months of 1999, an increase of 18.7% compared to the same period of last year, show figures of the tourism department. Morocco, Economics, 12/14/1999 - Bahraini airports ready for Y2K Bahrain, Economics, 12/14/1999
- Spanish socialist party wants alternative to Morocco's nuclear plant project Morocco, Economics, 12/14/1999
- Unemployment At 15.1% In Third Quarter Morocco, Economics, 12/14/1999
- Morocco at ILO meeting on fishing industry
Morocco is taking part Dec. 13-17 in the meeting held in Geneva by the International Labor Organization (ILO) on "Security and health in the fishing industry." Morocco, Economics, 12/14/1999 - Growth rate down, investments up in Morocco
Morocco will post in 1999 a low growth rate of 1%, while investments will rise by 23.7%, Al-Ittihad Al-Ichtiraki daily reported on Tuesday. Morocco, Economics, 12/14/1999 - 417 million euros to support Egyptian industry
Gamal Bayoumi, Egypt's assistant foreign minister for European affairs, stated that the European Union agreed to grant the Egyptian industry 417 million euros. Egypt-European Union, Economics, 12/13/1999 - Iraq to resume its oil exports
An official at the Iraqi Ministry of Oil said on Sunday that Iraq will resume between December 15 and 17 its oil exports suspended for three weeks. Iraq-UN, Economics, 12/13/1999 - 3.4 billion pounds for developing Egyptian airports
The Egyptian government has a five-year plan under the chairmanship of Prime Minister Atef Ebied for developing and renewing as well establishing Egyptian airports with 3.4 billion Egyptian pounds. Egypt, Economics, 12/13/1999 - Arab-International Mining Cooperation Boosted
The Arab industrial and mining development organization (OADIM) passed recently a cooperation agreement with UNIDO and the economic and social commission for west Asia setting up a framework for joint action, taking into account regional industrial cooperation and the needs of the least developed Arab states. Regional, Economics, 12/13/1999 - Toshka project viability confirmed anew
Egypt’s mega projects will provide an opportunity to get out of the narrow valley to new vast communities. They will enable us to live on 25% instead of 6% of Egypt’s total area. Egypt, Economics, 12/13/1999 - Report: How a printing machine coproduced with Israel entered Syria Syria, Economics, 12/13/1999
- Three east African countries call for lifting EU ban on fisheries
Fisheries ministers of Kenya, Tanzania and Uganda have called for lifting the ban on fisheries exports to the European market. Economics, 12/13/1999