Arabic News Weekly Edition for Economics, 8/28/2000
Weekly Edition, Economics - Week of August 28, 2000
- Arab commerce chambers meet in Fez
The council of federations of Arab chambers of commerce, industry and agriculture will hold its 89th session in Fez, some 200 Km to the north-east of Rabat, September 18-19. Regional, Economics, 9/1/2000 - Syrian industry minister exports increasing Syria, Economics, 8/31/2000
- Strike initially scheduled for thursday at RAM canceled Morocco, Business, 8/31/2000
- Inter-Arab investments are only US $ 2.4 billion
Observers and specialists stress that the current improvement on the volume of inter-Arab investment, though positive, is still beyond the needed level and the set ambitions. They say that the Arab US $ 800 billion are mostly used out of the Arab economic work field, despite the drastic needs to these sums and the measures taken by many Arab states to introducing more flexible economic laws to attract Arab investors to take part in various investment projects. Regional, Economics, 8/31/2000 - Syrian expert and the increase of wages and salaries
The BBC said on Tuesday that since several years the employees and workers at the public, private and joint sectors in Syria had an increase in their salaries that reached 25 % as from this month, September. Syria, Economics, 8/31/2000 - Some 22 French companies are taking part in the DIF 47th session
The Paris Chamber of Commerce and Industry has stressed its firm cooperation with the federation of the Syrian chambers of commerce. Syria-France, Economics, 8/31/2000 - Iraq earns another $479 million under UN oil-for-food program
Iraq last week exported 17.2 million barrels of oil, earning an estimated $479 million for the United Nations humanitarian "oil-for-food" program, according to the latest figures released Tuesday by the UN office administering the scheme. Iraq, Economics, 8/31/2000 - $ 850,000 worth of smuggled cigarettes seized
The Moroccan police seized Tuesday in Tetuan, near Tangier in the north, large quantities of smuggled cigarettes, valued at $ 850,000. Morocco, Economics, 8/31/2000 - Iraqi economic delegation in Egypt
Egypt 's minister of the economy and foreign trade Youssef Butrous Ghali on Tuesday in Cairo met with Iraq's minister of commerce Muhammad Mahdi Saleh, who arrived in Cairo earlier in the day, leading an economic delegation to take part in the meetings of the 8th session of the joint committee on Iraqi - Egyptian trade cooperation due to start works today Wednesday. Egypt-Iraq, Economics, 8/30/2000 - Sidi Belkacem I well contains 7.5 to 10 mln barrels, oil company chief
The Sidi Belkacem I well, the sole one so far dug by Lone Star company, contains 7.5 to 10 million barrels of oil, Ms. Amina Benkhadra, head of the Moroccan oil company ONAREP, said. Morocco, Economics, 8/30/2000 - New Egyptian petroleum strategy in the new millennium
During the forthcoming ten years, Minister of Petroleum Sameh Fahmy, said, his ministry will implement an ambitious plan to expand the roles of the Egyptian and foreign private sectors in funding oil projects nationwide. Egypt, Economics, 8/30/2000 - Morocco's trade balance deficit worsens by 39.8 %
Morocco's trade balance deficit amounted during the first six months of year 2000 to some $2.26 billion worsening by 39.8 %, compared to the same period last year, according to the exchange office. Morocco, Economics, 8/30/2000