Arabic News Weekly Edition for Economics, 3/6/2000

Weekly Edition, Economics - Week of March 6, 2000

• Saudi aid to Mozambique
  A Saudi shipping plane left on Friday for Mozambique which was hit by the floods loaded with foodstuffs. The planes carried some 55.259 tons of foodstuffs, medicines and tents. Saudi Arabia-Mozambique, Economics, 3/11/2000
• Research funds increase significantly in five-year plan Morocco, Economics, 3/11/2000
• First Omani - Moroccan business council meeting in May
  The Omani-Moroccan business council will meet next May in Morocco, in parallel to the Arab gulf investment and partnership forum slated in Casablanca next May 2-4. A bilateral investment agreement will be updated during the meeting. Morocco-Morocco, Economics, 3/10/2000
• Establishing an Egyptian company for establishing supermarkets with capital of LE 100 million Egypt, Business, 3/10/2000
• British delegation concludes a visit to Egypt Egypt-UK, Economics, 3/10/2000
• Cooperation agreement between Palestinian government and Portugal
  The Palestinian National Authority and Portugal signed an agreement for investment and economic cooperation and conveying data technology, as well as training personnel and presenting consulting services. Palestine-Portugal, Economics, 3/10/2000
• Increasing activity to instigate Palestinians to sell their land in areas of year 1948
  The activities of land brokers have increased in the last period with the beginning of the final countdown for signing the final status agreement between Israel and the Palestinians. Palestine, Economics, 3/10/2000
• Egypt to allow private aviation companies to organize internal trips Egypt, Business, 3/10/2000
• First project for electronic trade in Egypt to start
  The Egyptian Ahli Bank is starting during the coming week implementation of the first project for electronic trade in Egypt in cooperation with Visa and MasterCard. Egypt, Business, 3/10/2000
• One future of the communications industry in the Arab area
  Sami Bashir, regional manager of the international union for communications in the Arab region, stated that there is one future for the communications industry in the Arab states, telling ArabicNews.com that developing the communications field is no longer the responsibility of the Arab governments but the work of private corporations. Regional, Business, 3/10/2000
• Morocco calls Britain to swap its debt
  Morocco on Wednesday called Britain to swap the debt Rabat owes to London. Morocco-UK, Economics, 3/10/2000
• Arab League to discuss financial crisis in May
  ArabicNews.com learned that the committee for the financial and administrative affairs of the Arab League will convene in May in Cairo to revise the level of the Arab countries' commitment to paying their shares of financial dues and the normal origins of the annual budget of the AL. Regional, Economics, 3/10/2000
• Raising the first Internet television in Egypt
  The Egyptian markets are getting ready to receive the first television supplied with the Internet during the coming two months. Egypt, Business, 3/10/2000
• $130 million in Saudi loans for Lebanon
  Saudi Arabia decided to grant Lebanon a $130 million loan with easy repayment conditions to ease the effects of the last Israeli aggression on establishments of the Lebanese basic infrastructure. Lebanon-Saudi Arabia, Economics, 3/10/2000
• Banning visiting Giza pyramids in the feast days
  The Egyptian Ministry of Culture decided to ban Egyptian visitors during the feast days from visiting the pyramids and Sphinx. Egypt, Economics, 3/10/2000
• Increasing tourist movement from South Africa to Egypt
  A study issued by the Egyptian Tourism Ministry today assured that members of the coming tourists from South Africa to is in continuos increase referring that the coming period will witness positive developments in tourism movement from South Africa to Egypt. Egypt-South Africa, Economics, 3/10/2000
• Radi critical of classical Morocco-EU fishery relations
  Speaker of the House of Representatives Abdelouahed Radi voiced criticism of "classical" fishery cooperation between Morocco and the European Union. Morocco, Economics, 3/10/2000
• Kuwait urges establishment of international investment market
  The international investment forum which concludes its works today in Kuwait looks to setting up integrated programs for the creation and promotion of projects and ideas to investors at the local, regional and international headquarters. Kuwait-International, Economics, 3/10/2000
• International fair on olive tree opens in Marrakesh
  An international fair on olive tree "Olea 2000" opened Thursday in Marrakesh with the participation of some sixty companies from France, Italy, Morocco and Spain. Regional-Morocco, Economics, 3/10/2000
• Unemployment decrease at end 1999, statistics
  Unemployment in Morocco decreased from 15.1% to 14,5% of the working population between July-Sept 99 and Oct-Dec 99, from 1,534,000 unemployed persons to 1,456,000, said the statistics department. Morocco, Economics, 3/10/2000
• Intellectual ownership conference concludes in Lebanon
  The meetings of the first conference for applying intellectual ownership law and author's rights concluded today in Beirut. Lebanon-Regional, Economics, 3/10/2000
• Lone Star energy corporation gets drilling contracts Morocco, Economics, 3/10/2000
• Moroccan trade mission to Ireland in June
  A Moroccan trade mission from the textile and leather sectors will be visiting Ireland in June, said industry, trade and handicraft minister Alami Tazi. Morocco-Ireland, Economics, 3/10/2000
• Japan extends assistance to Moroccan development projects Morocco, Economics, 3/10/2000
• Morocco briefs Arab labor meeting on government's youth employment policy
  Morocco is considering youth employment as one of the top priorities of the government policy and, to this end, has adopted a legal and institutional arsenal to upgrade the competitiveness of Moroccan enterprises. Regional-Morocco, Economics, 3/9/2000
• CGEM investigation finds most Moroccan enterprises fare well and promising
  Most Moroccan enterprises are faring well and future prospects are promising, according to findings of an investigation by the Moroccan enterprise association (CGEM). Morocco, Business, 3/9/2000
• Businessmen call for creation of egyptian-moroccan-tunisian free trade are
  The Moroccan-Egyptian business council has called for the inception of a tripartite free exchange area between Egypt, Morocco, and Tunisia. North Africa-Morocco, Economics, 3/9/2000
• Saudi Arabia calls for increasing the petroleum production
  Petroleum prices have tripled during the past year due to the decrease in production ratified by OPEC, which comprises 11 countries. Saudi Arabia-Regional, Economics, 3/9/2000
• Jordan pays UN dues Jordan-UN, Economics, 3/9/2000
• Arab Fund finances al-Wahda dam
  The board of the Arab Fund for Economic and Social Development has agreed to finance al-Wahda dam at a cost of 35 million Kuwaiti dinars (82 million Jordanian dinars). Jordan-Syria, Economics, 3/9/2000
• Algeria, Canadian company reach mining agreement
  Algeria's Office of Geological and Mines Researches (ORGM) signed an agreement yesterday with Canada's Breakwater Resources, Ltd. to work in Oued Amizour and look for zinc ore, Algerian News Agency reported. Algeria, Economics, 3/9/2000
• First mediterranean industrial meeting in casablanca Regional, Economics, 3/9/2000
• Moroccan delegation invites Qatari businessmen to Gulf investment forum
  A Moroccan executive delegation currently touring Arab Gulf states invited Qatar to send businessmen to the Arab Gulf investment forum slated in Morocco next May 2-4. Morocco-Gulf, Economics, 3/8/2000
• Morocco negotiates free trade accord with African grouping
  Morocco has dispatched a delegation to Burkina Faso's capital city of Ouagadougou to negotiate a free trade accord with the Western African Economic and Monetary Union. Morocco-Africa, Economics, 3/8/2000
• Moroccan site chosen world's top unusual ski resort
  The Moroccan Oukaimeden ski resort, near Marrakesh, was chosen as the top unusual ski resorts worldwide. Morocco, Economics, 3/8/2000
• US fears African Horn drought Regional-USA, Economics, 3/8/2000
• Spain holds forum on investments in Morocco
  The Spanish Economy and Finance Ministry and the Spanish chamber of commerce and industry in Tangiers are holding this March 21-22 in Tangiers a forum on investments in Morocco. Morocco-Spain, Economics, 3/8/2000
• Sudan to sell cheaper oil to Thailand
  Sudan has offered to sell lower-price oil to Thailand which is seeking ways to cushion impact of rising world oil prices on its public and entrepreneurs, Thai news agency TNA said. Sudan-Thailand, Business, 3/8/2000
• Trafic in Moroccan ports on the rise, equipment department says
  Overall trafic in Moroccan ports reached 4.3 million tons end of Jan. 2000, an increase of 1.8 percent compared to the same period last year, the equipment department said. Morocco, Economics, 3/8/2000
• Concluding international meeting for the Internet in Cairo
  The annual meeting of the international organization for organizing the Internet will conclude tomorrow in Cairo. 300 international experts in fields of Internet and data technology are participating the meeting, in addition to experts and specialists in Egypt in this field. Regional, Economics, 3/8/2000
• Iran - Saudi oil talks Saudi Arabia-Iran, Economics, 3/8/2000
• Egypt and the economic blocs Egypt, Economics, 3/7/2000
• Privatization program in Egypt this year Egypt, Business, 3/7/2000
• Mediterranean Development Forum in Cairo
  The Third Mediterranean forum for development opened doors in Cairo Monday under the topic "voices of change, partners for prosperity." Regional, Economics, 3/7/2000
• Iranian delegation to visit Cairo Egypt-Iran, Economics, 3/7/2000
• Opening the first forum for the Egyptian - Australian businessmen
  Egyptian Minister of Economy and Foreign Trade Yousef Boutros Ghali is opening today the first forum for businessmen in Egypt and Australia that was recently established for developing trade between the two countries during the coming period. Egypt-Australia, Business, 3/7/2000
• Supreme Egyptian - UAE committee to meet in April
  The joint supreme Egyptian - United Arab Emirates committee will be convened during April, said Egyptian Prime Minister Atef Ebeid following his meeting yesterday with UAE Minister of Planning Ahmed El-Maali. Egypt-United Arab Emirates, Economics, 3/7/2000
• International conference for investment in Bahrain
  The incternational Euromoney corporation is organizing in cooperation with the Ministry of Economy and Finance in Bahrain its annual conference in Bahrain on April 2 - 4. Regional-Bahrain, Economics, 3/7/2000
• Turkey to invest its waters among the Middle East states
  In a report published on Monday, AFP said that Turkey, which enjoys a vast water wealth, seeks to attain large revenues through exporting this valuable wealth. Regional-Turkey, Economics, 3/7/2000
• Morocco's foreign trade increases by 5.4% in 1999
  Morocco's foreign trade increased by 5.4% in 1999, going up from $16.7 billion (167.2 billion DH) in 1998 to $17.62 billion (176.6 billion DH) in 1999, says the exchange office. Morocco, Economics, 3/7/2000
• European Union donates Tunisian 13 million euros Tunisia-European Union, Economics, 3/7/2000
• Egyptian-South African trade relations reviewed Egypt-South Africa, Economics, 3/7/2000
• Mediterranean Development Forum starts today in Cairo
  Egypt's First Lady Suzanne Mubarak is delivering the opening address for the third Mediterranean Development Forum that is being held in Cairo for three days. Regional, Economics, 3/6/2000
• Coca-Cola to establish a new factory in Egypt Egypt-Regional, Business, 3/6/2000
• Egyptian - US agreement
  Egypt and the USA signed today an agreement for scientific and technological cooperation at the conclusion of the technological and scientific research committee that emerged from the Egyptian - US partnership agreement in the framework of the Mubarak - Gore initiative. Egypt-USA, Economics, 3/6/2000
• 30 Czech companies studying establishing investment projects in Alexandria Egypt-Czech Republic, Business, 3/6/2000
• Two experiments to mimic EgyptAir plane crash conditions near the US coast
  Pilot Hasan Meshrefa, chairman of the operations sector in the EgyptAir organization, said it was decided to make two experiments imitating the events to which the Egyptian airplane which crashed near the US coast on October 31, 1999 was exposed after obtaining new information about how the accident took place. Egypt-USA, Business, 3/6/2000
• Israeli delegation to visit Doha Qatar-Israel, Business, 3/6/2000

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