Arabic News Weekly Edition for Economics, 10/9/2000
Weekly Edition, Economics - Week of October 9, 2000
- International telecom body chief in Morocco Morocco, Economics, 10/14/2000
- International mutual insurance firms association close general assembly in Fez
The XXI th general assembly of the international mutual insurance firs association wound up in Fez Friday adopting 1999-2000 activity reports and electing new committee for two years. Morocco, Business, 10/14/2000 - Five Arab air carriers to start partnership
Five Arab carriers decided to set in motion a commercial partnership, an Egypt Air executive said. Regional, Economics, 10/13/2000 - British companies increasingly interested in Morocco
British companies are increasingly interested in Morocco and are seeking to move part of their activities to Morocco or look for Moroccan partners, said Erwan Inizan, from Cardiff-based British International Business Center, who is leading a business delegation on a visit to Morocco. Morocco-UK, Economics, 10/13/2000 - Italy opens $ 4.5 mln credit line for Moroccan medium-sized enterprises
The Italian government has opened a 50 million Dirham-credit line ($ 4.5 mln) to contribute to finance investment project by Moroccan small and medium-sized enterprises. Morocco-Italy, Economics, 10/13/2000 - Tunisian economic delegation visits Alexandria
A Tunisian economic delegation representing the trade and and industrial chamber in Safakes governorate arrived in Alexandria yesterday to hold discussions with member of the trade chamber in Alexandria to support the economic and commercial cooperation between the two states. Egypt-Tunisia, Economics, 10/13/2000 - Marrakesh to host Moroccan-US meeting on clean energy
The Moroccan department of industry, trade, energy and mining and the United States energy department will organize October 16-18 a meeting on clean-energy technologies. Morocco-USA, Economics, 10/13/2000 - Signing a contract for exporting food products to Iraq of 100 million L.E
A contract was signed for exporting Egyptian food products to Iraq worth 100 million L.E Egypt-Iraq, Economics, 10/13/2000 - The Israeli economy pays the violence bill
With the continuation of the violence in the occupied Arab lands, the Israeli economy began to suffer the results of the violence which Israel committed in the occupied lands against the Palestinians. Israel, Economics, 10/13/2000 - Morocco - World Bank cooperation studied Morocco, Economics, 10/13/2000
- Japanese agency carries out water project in Morocco
A mission of the Japanese International Cooperation Agency (JICA) is conducting, Sept.26-Oct.31, studies on a project meant to supply rural areas in the Moroccan south with drinking-water. Morocco, Economics, 10/13/2000 - Gulf states threaten high taxes on European imports
The Gulf Cooperation Council (GCC) states have threatened to impose higher taxes on European Union (EU) exports to the Gulf unless Europea responds to the successive calls to facilitate the entry of the Gulf commodities to its markets and the EU to give up the policy of protectionism and placing obstacles before the free trade zone. Gulf, Economics, 10/12/2000 - UAE flowers to Lebanon, Europe, Japan, Australia
The United Arab Emirates has started to export its flower production to the Gulf Cooperation Council (GCC) member states, Lebanon, Europe, Japan and Australia. United Arab Emirates-Lebanon, Economics, 10/12/2000 - Bank for the poor to be established soon Yemen, Economics, 10/12/2000
- Moroccan bank sees increased resources Morocco, Business, 10/12/2000
- Renault buys more shares in Moroccan branch
French car-maker Renault has increased its shares in the capital of its Moroccan branch from 50% to 80% and bought over SIAB, the exclusive importer of Nissan vehicles in Morocco. Morocco-France, Business, 10/12/2000 - Morocco, US to sign open skies agreement
Moroccan transport and merchant-navy minister Abdeslam Znined and American peer Rodney Slater announced in Washington Wednesday they have initialed an Open skies agreement. Morocco-USA, Economics, 10/12/2000 - The first UAE exhibition in Iran United Arab Emirates-Iran, Economics, 10/11/2000
- Syrian trade balance becomes positive after ten years
Syrian exports in the first quarters of this year reached 47.3 billion Syrian pounds against 44.8 billion Syrian pounds for imports for the same period of last year and therefore the Syria trade has achieved a poisitive balance estimated at 2.5 billion Syrian pounds for the first time since ten years. Syria, Economics, 10/11/2000 - World Bank vice-president visits Morocco Morocco, Business, 10/11/2000
- Sudan's first year of petroleum export
Sudan ended in August its first year of exporting raw petroleum produced by Sudanese, Canadian, Malaysian and Chinese companies. Sudan, Economics, 10/11/2000 - Over $ 312 million spent to alleviate drought effects since April
Morocco has spent since last April 3.44 billion DH ($ 312,7 mln) in various programs to alleviate effects of two consecutive years of drought. Morocco, Economics, 10/11/2000 - China writes off $ 1.2 bln in African debt
China announced it will write off $ 1.2 billion of African poorest countries' debt. Regional, Economics, 10/11/2000 - Moroccan BMCE bank opens branch in China
The Moroccan BMCE Bank on Monday opened a branch in the Chinese capital city of Beijing in a bid to diversify Morocco's trade exchanges with foreign countries. Morocco, Business, 10/11/2000 - Israel halts vegetable, fruit imports from Jordan, PA Palestine-Israel, Economics, 10/11/2000
- Iraqi oil will flow through Syrian territories
The Jordanian weekly al-Majd said in its Monday issue that the Iraqi oil will flow in the pipeline which passes through the Syrian territories before the end of the current month. Iraq-Syria, Economics, 10/10/2000 - Morocco - EU meeting on fisheries on oct. 16 in rabat
Morocco and the European Union will hold a meeting October 16 in Rabat under the chair of premier Abderrahmane Youssoufi, announced here Monday foreign affairs and cooperation minister, Mohamed Benaissa. Morocco-European Union, Economics, 10/10/2000 - British business mission in Morocco
Representatives of twelve British companies start this Tuesday a six-day visit to Morocco to prospect opportunities to sell their goods and services and invest in Morocco, the British embassy in Rabat said in a release. Morocco-UK, Business, 10/10/2000 - Arab states debt stands at $ 375 bln
Arab states' debt reached $ 375 million in 1999, external debts accounting for $ 156 billion, said Jassem Al Manna, director of the Arab Monetary Fund. Regional, Economics, 10/10/2000 - Iraq to use the EURO instead of US dollar
The Iraqi central bank has expressed its readiness to buy the European currencies according to its official rates. This measure came after Iraq has announced giving up dealing with the US dollar and to use the EURO instead of it in order to withstand the US position against Iraq. Iraq, Economics, 10/10/2000 - Cairo gathering tackles IT development
"The government is especially interested in refurbishing Information Technology (IT) sector, which plays a substantial role in increasing growth rate and production ridding the country poverty, said Minister of Planning and State for International Cooperation Ahmed Al-Darsh, who was addressing on monday a one-day gathering of Regional Information Technolgy (IT) Conference. Egypt, Economics, 10/10/2000 - Academic study warns of impact of trade liberalization on Arab food security
An academic study warned against the negative impact of international trade liberalization on Arab imports, food in particular, in light of weak domestic production and dependence on imports. Regional, Economics, 10/9/2000 - World Bank supports Egypt's economy
"The near future is witnessing more cooperation between Egypt and the World Bank (WB) within the development of the Egyptian economy and its ability to deal with novel financial and economic activities" said Mahmoud Ayoub, Head of the WB Mission in Cairo. Egypt, Economics, 10/9/2000 - EU projects to start program to support Morocco's private sector Morocco-European Union, Economics, 10/9/2000