Arabic News Weekly Edition for Economics, 10/16/2000
Weekly Edition, Economics - Week of October 16, 2000
- Qatari energy minister holds talks in India to export gas
The Qatari minister of energy, industry, electricity and water said that he will hold talks in India to crystallize some technical matters concerning exporting liquid Qatari gas. Qatar-India, Economics, 10/20/2000 - 30 Iranian companies in Cairo 'diplomatic fair'
30 private and governmental companies are to participate in the Iranian special products fair on the current October the 29th in the fairs in Nasr City Cairo. Egypt-Iran, Economics, 10/20/2000 - Volkswagen projects to invest in Morocco
The German car manufacturer Volkswagen is projecting to invest some 150 million DH ($13.63) in Morocco in a project to manufacture electric cables, reported Moroccan weekly La Nouvelle Tribune in its latest release. Morocco, Business, 10/20/2000 - Cooperation agreements between Canada and Algeria of 700 million dollars
Algeria and Canada signed 12 partnership protocols and agreements of 700 million Canadian dollars. Algeria-Canada, Economics, 10/20/2000 - Russian oil company wins contracts in Iraq and Fojairah
Ivan Mazor, the head of the Russian Oil Company said that his company that his company won two contracts for developing oil projects in Iraq whose value is more than 210 million dollars and a contract for establishing an oil refinery in Fojairah (United Arab Emirates). Iraq-Regional-Russia, Economics, 10/20/2000 - Ministers' council adopts 2001 draft finance bill
The minister highlighted economic forecasts for the 2001 FY which target an 8% growth rate corresponding to an average agricultural campaign, an inflation rate of 2.5% of gross domestic product and budget deficit of 3%. Morocco, Economics, 10/20/2000 - Andalucian government earmarks 1.5 billion pesetas to Moroccan projects
The autonomous government of Andalucia, southern Spain, will earmark 1.5 billion pesetas (some 88.23 million DH) per year to development projects in northern Morocco during the 2001-2005 period. Morocco-Spain, Economics, 10/20/2000 - Moroccan - Salvador fishery cooperation examined Morocco-El Salvador, Economics, 10/19/2000
- New negotiations between Morocco and Europe on fishery
Morocco and the E.U resumed the maritime fishery negotiations and held talks headed by Moroccan prime minister Abd El-Rahman El-Yusefi and the European delegate for agriculture and fishery Franz Fisher in the second meeting of its kind after the one held on the last September the 28th in Brussel. Morocco-European Union, Economics, 10/19/2000 - Morocco's telecom liberalization experience, a source of inspiration, ITU secretary general Morocco, Economics, 10/19/2000
- ITU Secretary General in Morocco
Secretary General of the International Telecommunication Union (ITU), Yoshio Utsumi, is currently visiting Morocco for talks with Moroccan officials on preparations for the ITU conference of plenipotentiaries to be held in Marrakesh in 2002. Morocco, Economics, 10/18/2000 - Leader of Italian trade union meets Moroccan premier
Secretary general of the Italian trade union "CGIL," Sergio Coferrati, who is currently visiting Morocco, conferred in Rabat Tuesday with Moroccan Premier Abderrahmane Youssoufi. Morocco-Italy, Economics, 10/18/2000 - Italian-funded atlas ground-water project phase i completed
The Stage-I of an Italian-funded water project meant to replenish artificially ground-water under the southern Atlas mountain has been successfully completed, said Tuesday a release of the Italian embassy in Rabat. Morocco-Italy, Economics, 10/18/2000 - Egyptian chambers of commerce halt all forms of relations with Israel
The federation of the Egyptian chambers of commerce decided the halting of all forms of dealing with Israel and urged the Egyptian businessmen not to maintain any sort of economic cooperation with Israel. Egypt-Israel, Economics, 10/17/2000 - 200 million loss to Palestine due to Israeli seige
The Palestinian ministry of trade and economy said that the full imposed siege on the Palestinian self-rule areas since the beginning of al-Asqa uprising caused tremendous loss in the economic sectors that are estimated at 200 million dollars. Palestine-Israel, Economics, 10/17/2000 - Arab communications conference begins in Alexandria
A conference on the development of communications in the Arab work began in the Egyptian Mediterranean coastal city of Alexandria Monday with the participation of over 300 experts and communications officials from 18 Arab states. Regional, Economics, 10/17/2000 - Morocco, USA sign energy agreement
Morocco and the United States of America signed in Marrakesh Monday an agreement on cooperation in energy-efficiency and renewable energies. Morocco-USA, Economics, 10/17/2000 - Moroccan - German economic, cultural days open in Rabat
Moroccan - German economic and cultural days opened in Rabat Monday night at the initiative of the Moroccan-German Association. Morocco-Germany, Economics, 10/17/2000 - $ 3.6 billion energy investments in Moroccan five-year plan
Investments in the energy sector reached $ 2.6 billion in 1995-1999 and will total $3.6 billion in the current five year development plan said Monday minister of industry, trade, energy and mining Mustapha Mansouri. Morocco, Economics, 10/17/2000 - Morocco- EU technical talks on fishery open oct. 30 in brussels
Technical talks between Morocco and the European Union on fisheries will open on October 30 in Brussels, announced in Casablanca Monday the European agriculture and fishery commissioner Franz Fischler, after a meeting with Prime Minister Abderrahmane youssoufi. Morocco-European Union, Economics, 10/17/2000 - Kuwait to simplify procedures for endorsing Indonesian certificates of origin
Kuwait will soon simplify its procedures for endorsing certificates of origin for Indonesian exports, reports this Tuesday Indonesian news agency "ANTARA." Kuwait-Indonesia, Economics, 10/17/2000 - Morocco's hard currency reserves amount to $ 4.8 billion Morocco, Economics, 10/17/2000
- Moroccan - Saudi talks on trade exchanges in Riyadh
Means to bolster Moroccan-Saudi trade exchanges were at the focus of talks held Sunday in Riyadh between visiting adviser to the king, Mohamed Kabbaj, and Saudi minister of trade, Oussama Jaafar Faqih. Saudi Arabia-Morocco, Economics, 10/16/2000 - Saudi minister in Geneva for joining the World Trade Organization
Saudi trade minister Usama Jafar headed today to Geneva on top of the Saudi negotiation delegation concerned with Saudi Arabia's joining to the World Trade Organization. Saudi Arabia, Economics, 10/16/2000 - White book on Morocco's economic assets issued
A white book on Morocco's economic assets meant to inform and attract investors has just been issued and its circulation started in France before being made available in fifty other countries. Morocco, Economics, 10/16/2000 - Environment projects for Moroccan - Chinese cooperation
Moroccan minister of city-planning, housing and environment, Mohamed El Yazghi, examined with a visiting Chinese delegation environment projects that could be carried out jointly. Morocco-China, Economics, 10/16/2000 - IDB loans Tunisia $ 20 million Tunisia-Saudi Arabia, Economics, 10/16/2000
- Arab fund for economic development grants Algeria 35 million loan
The Arab Fund for Economic and Social Development signed a loan agreement worth 25 million Kuwaiti Dinars with Algeria as a contribution to financing a housing project. Algeria, Economics, 10/16/2000 - Investments in Moroccan Tourism Sector Increase by 37% in 1999
Investments in the Moroccan tourism sector totaled some 671 million DH ($61 million) in 1999 compared to 490 million DH the previous year, recording an increase of 37 %. Morocco, Economics, 10/16/2000 - Tourists cancel visits to Israel Israel, Economics, 10/16/2000