Arabic News Weekly Edition for Economics, 7/17/2000
Weekly Edition, Economics - Week of July 17, 2000
- Egyptian government wants private aviation running internal trips Egypt, Economics, 7/22/2000
- Arthur Andersen : Egypt has leading tourist sites
The London-based Arthur Andersen Organization is one of the most famous institutions outside North America conducting hospitality industry surveys. Egypt, Economics, 7/21/2000 - Competition and free-price bill, a major achievement says Youssoufi
The bill passed by the Parliament as the end-result of an undertaking incepted in the 80's will help enhance a new economic culture based on free enterprise and sound and loyal competition putting an end to privileges and giving consumers more choice and better service, he said Morocco, Economics, 7/21/2000 - $ 150 million in German - Egyptian new company for tourism investment Egypt-German, Economics, 7/21/2000
- Hanover universal fair marks Morocco's day
Morocco's Princess Lalla Hasna, youngest sister of King Mohammed VI, chaired this Friday Morocco's day at the Hanover universal fair "Expo 2000." Morocco, Economics, 7/21/2000 - French commerce and industry chamber extends donations to Moroccan charities Morocco, Economics, 7/21/2000
- Prep meeting of donor countries for reconstructing south Lebanon
Lebanon is resuming the preparations for convening the first meeting of the donor countries to ensure the aids for reconstructing the liberated areas in south Lebanon that are determined at the end of July Lebanon, Economics, 7/21/2000 - Moroccan - Spanish trade flows show steady increase
Moroccan-Spanish trade flows witness a steady growth as the global volume of exchanges reached 290 billion pesetas in 1999 against 252 billion in 1998. Morocco-Spain, Economics, 7/21/2000 - Saudi Arabia deports 1,000 Nigerians
Saudi Arabian authorities have deported more than 1,000 Nigerians in the past few weeks under a new law empowering security agencies to clamp down on illegal immigrants, according to Nigerian media reports. Saudi Arabia-Nigeria, Economics, 7/21/2000 - Indonesia considering extension of fuel oil contracts with mideast
Indonesia will explore possibilities of extending fuel oil sale contracts, especially on premium gasoline, with some Middle Eastern countries, instead of with Kuwait, in a bid to augment the supply of the commodity from these countries. Regional-Indonesia, Economics, 7/21/2000 - Weekly trips between Amman and Tel Aviv
The Israeli Air Company Arkia began organizing 10 trips weekly between Amman and Tel Aviv. Jordan-Israel, Economics, 7/21/2000 - Some 8.5 million EUROS for the Middle East
The European commission in Brussels on Thursday approved financing of humanitarian activities in the Middle East ( the West Bank, Gaza strip, Lebanon, Jordan and Syria ) at a cost of 8.5 million Euros. Regional-European Union, Economics, 7/21/2000 - Syrian efforts to rationalize water consumption
A Syrian ministerial committee in charge of limiting water consumption has called for concluding an agreement with Turkey over the waters of the Tigris and the Euphrates. Syria, Economics, 7/20/2000 - Yemen to enhance commercial relations with Saudi Arabia
Yemen renewed its wish to enhance the economic and commercial relations with Saudi Arabia after ratifying a treaty for maritime and land border demarcation as Yemen offered 3 joint large enterprises to strengthen the partnership between the two states. Saudi Arabia-Yemen, Economics, 7/20/2000 - Europe lifts embargo off Egyptian potato Egypt, Economics, 7/19/2000
- Iraq and Qatar study reviving joint committee
Iraq is currently making communications with Qatar to revive the joint committee between them which froze its activities following the Iraqi invasion to Kuwait. Iraq-Qatar, Economics, 7/19/2000 - Morocco's hard currency reserves amount to $ 5.23 billion Morocco, Economics, 7/19/2000
- Five-year development plan sets average growth rate at 5%, youssoufi
The 2000-2004 economic and social development plan sets the annual growth rate of the GDP to about 5 % in average, knowing that the growth must reach by the end of the plan 6.4 % instead of the 2.2 % scored in average during the past nine years, said Moroccan Prime Minister, Abderrahmane Youssoufi. Morocco, Economics, 7/19/2000 - Egyptian - Moroccan commercial committee convenes in Rabat in coming September
The joint Egyptian - Moroccan commercial committee will convene in Rabat (Morocco) under the chairmanship of Egyptian minister of economy and foreign trade Yusef Botros Ghali and counterpart Alami Tazi at the end of coming September. Egypt-Morocco, Economics, 7/19/2000 - Egypt's tourism, shopping festival to boost local market Egypt, Economics, 7/19/2000
- IBD to finance more development projects
The Islamic Bank for Development IBD has approved new supplies for development projects at a cost of US $ 267 million for several member states and Islamic communities in countries which are not members at the IBD. Regional, Economics, 7/19/2000 - Egypt-US free trade zone, discussed Egypt-USA, Economics, 7/19/2000
- UAE buys three airbus planes United Arab Emirates, Economics, 7/19/2000
- Morocco's trade deficit worsens
Morocco's trade balance posted during the first five months of the current year a deficit of $ 1.84 billion (18.4 billion DH), worsening by 53.1 % compared to the same period last year, a release by the exchange office said. Morocco, Economics, 7/19/2000 - 'Morocco: Sources Of Growth', not an official World Bank document
"Morocco: Sources of growth" is a note by World Bank (WB) experts which has not been validated by Morocco yet some of the Moroccan media dealt with it as an official document of the international financial institution. Morocco, Economics, 7/19/2000 - Yemeni foreign debts expected to increase
Yemeni financial sources stated that the amount of the foreign debt reached nearly 6.14 billion dollars at the end of 1999 which form 98% of the gross domestic production (GDP), expecting that this volume may increase greatly during the coming years. Yemen, Economics, 7/19/2000 - Egyptian-EU Partnership, Egypt's new experience Egypt-European, Economics, 7/19/2000
- Arab League urges Britain to reconsider financing Turkish dam
The Arab League (AL) on Monday called on the British government to reconsider its stances on financing the Turkish Eilio Dam project on the Tigris river because this project violates international laws. Syria-Iraq, Economics, 7/18/2000 - Egyptian - European Partnership issue placed before the public
The Egyptian Ministerial economic group, chaired by Prime Minister Atef Ebeid, held a meeting on means of implementing directives of President Hosni Mubarak of the necessity of acquainting the public opinion with all the provisions of the Egyptian-European Partnership. Egypt-European Union, Economics, 7/18/2000 - Morocco's house of representatives adopts 2000-2004 development plan
The House of Representatives (Lower House of the Moroccan Parliament) adopted Saturday the 2000-2004 economic and social development plan, by 87 votes. Morocco, Economics, 7/17/2000 - Over 4 million foreign tourists expected in Morocco by 2004, minister
The number of foreign tourists could reach 4.5 million by 2004, said Moroccan tourism minister Hassan Sebbar. Saudi Arabia-Morocco, Economics, 7/17/2000 - On cooperation between Algeria and Israel
The French magazine L express has stated that there is a close cooperation between Algeria and Israel, especially in the area of fighting terrorism. Algeria-Israel, Economics, 7/17/2000